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Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days

Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 DaysIn eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi) and liquid staking protocol Lido’s total value locked […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

70 to 90% Down — Crypto Economy’s Decline Shakes Out  Trillion in 8 MonthsDuring the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as the market capitalization of all […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL

.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVLWhile the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs