Today is Lido Island (LDO) seize It has attracted special attention due to its impressive price rise. It has seen impressive resurgences along with other major cryptocurrencies, including Bitcoin and Ethereum.However, DeFi tokens have significantly outperformed the broader cryptocurrency market. Let’s take a look at what the Lido DAO token is and understand what is driving its upward trend.Why is Lido DAO price rising?With a price increase of 11.60% over the past 7 days, LDO has outperformed the global cryptocurrency market, which is up 7.60% today. Over the past 30 days, the coin has risen 11.87%, adding significant value to…
Author: Crypto Flexs
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Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is award-winning Media outlets covering the cryptocurrency industry. Journalists must: Strict editorial policy. November 2023CoinDesk Acquisition Owner of Bullish Group stress, Regulated digital asset exchange. Bullish Group is majority-owned by: Block One; both companies understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect journalistic independence. CoinDesk employees, including journalists, may receive options from the Bullish group as part of their compensation.
April 10, 2024, Los Angeles, USA, Chainwire Innovative Web3 Social Platform Tomo Partners with Industry Leaders to Reinvent Social Media Monetization and Engagement Tomo, an all-in-one Web3 social app, announced the successful closing of its Seed round of funding led by Polychain Capital. Industry leaders such as Consensys, Symbolic Capital, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures, and HTX Ventures were investors. With a focus on integrating financial incentives into social media through blockchain, Tomo introduces evolved social experiences through its unique products Tomoji (Base’s first ERC-404 Launchpad) and TomoID, a multi-functional social wallet. Ryan Fang, founder of…
BNB price is attempting a new rise in the $575 range. The price is up more than 5% and the bulls seem to be targeting above $620. BNB price started a new rise after finding support near $575. The price is currently trading above $600 and the 100 simple moving average (4-hours). On the 4-hours chart of the BNB/USD pair, there is a major bullish trend line forming around support at $587 (data source from Binance). A break above the $620 resistance area could provide bullish momentum. BNB price could surge by 15% After being downgraded below $600, BNB price…
Posted 1 minute ago In ~ Updated: April 10, 2024, 3:05 PM EDT Uniswap UNI -15.80% Labs was warned that federal regulators would file a lawsuit against Labs, the founder of the protocol. said Wednesday The U.S. Securities and Exchange Commission (SEC) sent a Wealth Notice on Wednesday to Uniswap Labs, the organization that developed the decentralized finance (DeFi) protocol of the same name. A Wells Notice is a formal notice that the SEC intends to prosecute a defendant. The move comes amid a broader regulatory crackdown on DeFi, which is seen as an intractable part of the industry that…
A widely respected cryptocurrency strategist believes one of Ethereum’s (ETH) competitors could deliver a strong performance this year. Pseudonymous analyst Altcoin Sherpa says 214,300 followers on social media platform “FTM: I think this is still a very solid coin and considering their funding, they will perform well in 2024. That said, I would like to see consolidation to form a long-term bottom. That level is expected to be $0.83 or $0.70. “I’m still optimistic and I have the bag.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests that Fantom could fall to the Fibonacci retracement level around $0.80…
On-chain data shows that the Bitcoin network has become significantly cheaper recently, with per-block transaction fees nearing cycle lows. Bitcoin Miners Are Getting Low Fees Recently As analyst James Van Straten points out in a new report: post BTC transaction fees on X are at recent cycle lows. Here, “transaction fee” naturally refers to the fee that the user must attach to a transaction on the Bitcoin blockchain as compensation for the miners who process it. The value of this metric is typically directly related to the traffic the network is observing. During periods of high activity, transactions can get…
Circle has expanded its availability in the Ethereum layer 2 ecosystem by integrating Ethereum’s zero-knowledge layer 2 solution zkSync into its native stablecoin, USD Coin, speeding up transaction processing and preserving Ethereum’s fundamental value. Circle, one of the largest stablecoin producers, has expanded support for Ethereum’s layer 2 solution zkSync to include its own stablecoin, USD Coin (USDC). This integration expands the possibilities for Ethereum developers and users, allowing them to benefit from zkSync’s zero-knowledge proof and rollup technology. Expanding the reach of USD Coin With the inclusion of zkSync, USDC can now be used on 16 blockchains, including Ethereum,…
The dynamic realm of cryptocurrency is currently witnessing significant advancements with BlockDAG, which integrates the advantages of blockchain and Directed Acyclic Graph (DAG) technologies. As XRP navigates legal hurdles and faces price volatility, BlockDAG has emerged as a beacon of innovation, securing more than $15.5 million in the pre-sale phase and surpassing Slothana in ambition and reach. As a rookie boasting the latest technological advancements, BlockDAG We are transforming the cryptocurrency scene with more streamlined and efficient processes for trading and mining. The buzz around BlockDAG has been fueled by the Las Vegas Sphere’s attention-grabbing display and the release of…