Tag Archives: Lido

KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall

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KelpDAO’s liquid restaking token, rsETH, has become the center of a major DeFi recovery effort after a hack estimated at roughly $290 million. The latest development came on Thursday, when Lido Finance unveiled a proposal aimed at supporting Aave’s (AAVE) coordinated response to the rsETH shortfall.  Lido Joins rsETH Recovery Effort The Lido plan was… Continue reading KelpDao Funding Move: Lido Proposes $6M Allocation Of Staked ETH To Bridge Shortfall→

Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?

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Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than… Continue reading Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?→

Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%

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The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment. The market has not been faring any better as it lost nearly 2%… Continue reading Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%→

Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?

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Lido DAO (LDO), the innovative liquid staking solution on the Ethereum network, has been on a wild ride lately. After a stellar run, the past week saw LDO plummet 24%, mirroring the broader cryptocurrency market’s turbulence. However, amidst the dip, a sense of cautious optimism flickers among investors, fueled by potential market shifts and bullish… Continue reading Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?→

Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’

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Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significant price declines over the past two weeks, largely influenced by the market’s downtrend and the lack of bullish momentum. However, a notable breakout could be in the making for the protocol’s native token, LDO, despite negative financial metrics.  Lido And Mellow Finance’s… Continue reading Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’→

Lido (LDO) Takes The Lead With 13% Surge Post Ethereum ETF Approval – Key Levels To Watch

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Lido (LDO), the liquid staking protocol for the Ethereum (ETH) and Polygon (MATIC) blockchains, has seen a significant price spike in the last 24 hours following the long-awaited approval of spot Ethereum ETF applications by the US Securities and Exchange Commission (SEC) on Thursday. The protocol’s native token, LDO, has successfully regained the $2.30 level… Continue reading Lido (LDO) Takes The Lead With 13% Surge Post Ethereum ETF Approval – Key Levels To Watch→