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Whales Perfectly Signaled Top for Ethereum-Based Altcoin After All-Time High Surge: Analytics Firm Santiment

Whales Perfectly Signaled Top for Ethereum-Based Altcoin After All-Time High Surge: Analytics Firm Santiment

Crypto whales have helped put in a major top at all-time highs for an Ethereum (ETH)-based altcoin project, according to blockchain data from insights firm Santiment. According to Santiment, whales took profit right at all-time highs when Rocketpool (RPL) peaked above $61. Rocketpool is a liquid staking protocol that allows Ethereum holders to stake their […]

The post Whales Perfectly Signaled Top for Ethereum-Based Altcoin After All-Time High Surge: Analytics Firm Santiment appeared first on The Daily Hodl.

Russia Cautious on Tokenizing Real-World Assets

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees JumpIt has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just […]

Russia Cautious on Tokenizing Real-World Assets

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard ForkFollowing the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have […]

Russia Cautious on Tokenizing Real-World Assets

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

Value Locked in Defi Holds the Line at B, After Temporarily Shedding B in Mid-MarchThe total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the […]

Russia Cautious on Tokenizing Real-World Assets

Metamask Launches Ethereum Staking Services via Lido and Rocketpool

Metamask Launches Ethereum Staking Services via Lido and RocketpoolOn Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers within the Metamask Web3 wallet’s […]

Russia Cautious on Tokenizing Real-World Assets

30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command .1 Billion in ValueIn roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week. Moreover, the project’s […]

Russia Cautious on Tokenizing Real-World Assets