Analyst Hints LDO Price Rally To $2.55, As Lido DAO Turns Profitable
The LDO price is advancing higher in August and has increased by over 70% this past week. Currently, it trades near $1.53, and it has a strong, growing bullish bias. Backed by positive on-chain developments, chart patterns, and improving fundamentals, the Lido DAO’s outlook appears very promising. Also, the exploding Ethereum price today further reinforces […]
Ethereum Options Market Heats Up With Unprecedented Open Interest Levels
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the past few weeks, Ethereum, the second-largest cryptocurrency asset, has been on an upward trend, with an over 44% monthly increase, outperforming several major digital assets, including Bitcoin. ETH’s ongoing upside performance is not only observed in its price, but also […]
Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution?
Solana is once again in the spotlight. Blockchain data by Arkham Intelligence shows that an Alameda Research staking account has unstaked $35 million worth of SOL. Alameda Research initially locked up the SOL in late 2020. A convicted fraudster, Sam Bankman-Fried, founded Alameda Research, once a prominent quantitative cryptocurrency trading firm and the sister company […]
BlockDAG’s $371M Growth Highlights Leadership Strength, While Binance Sits at $114B & PENGU Targets $0.080
Crypto markets are starting the week on a high, with fresh surges across several top-rated cryptocurrencies. Binance Coin’s market cap has crossed $114 billion, surpassing companies like Nike and highlighting its strength in the exchange sector. Meme coins are adding fuel to the momentum, with the latest PENGU price prediction pointing toward a potential run […]
Transak Raises $16M From Tether and IDG Capital to Develop Stablecoin Payments Framework
A pioneering firm in the evolution from TradFi to DeFi in payments has received backing from prominent patrons to continue developing its product. Backed By Giants According to a press release shared with CryptoPotato, Transak, a leader in fiat-to-crypto infrastructure, has secured $16 million in funding to scale its operations across new markets and expand its […]
Coinbase Revives Stablecoin Funding Program to Bolster DeFi Liquidity
Crypto exchange Coinbase (COIN) said on Tuesday it is reviving its Stablecoin Bootstrap Fund, aiming to boost stablecoin liquidity on decentralized finance (DeFi) markets. The initiative will be managed by Coinbase Asset Management and begins with deployments on Aave, Morpho, Kamino and Jupiter, according to a blog post. The exchange first launched the program in […]
Polkadot’s DOT Advances Over 4% Amid Robust Recovery
DOT demonstrated resilience with a robust recovery rally, rising over 4% to $4.12 after defending pivotal support levels around $3.84-$3.86, according to CoinDesk Research’s technical analysis model. The model showed that the cryptocurrency breached resistance at $3.92 with exceptional volume exceeding 7 million, suggesting institutional accumulation and continued upward momentum towards $4.15-$4.20 targets. Developer activity […]
Analysts Predict Ozak AI Could Hit $3 After Raising $1.77 Million
Ozak AI is rapidly gaining attention as a potential breakout project. With its unique blend of artificial intelligence, blockchain infrastructure, and decentralized computing, analysts now predict the $OZ token could climb as high as $3 following a successful presale that’s already surpassed $1.77 million. A Convergence of AI, Blockchain, and Decentralized Infrastructure Ozak AI is […]
200,000+ Holders Before Listing: How BlockDAG Built a Global Grassroots Movement
For most Layer-1 projects, community growth begins after the token lists. Marketing teams scramble to build awareness, attract holders, and generate activity on social channels. BlockDAG is proving it doesn’t have to work that way. Before a single mainnet block has been mined, the project has already secured over 200,000 holders worldwide — a number
Succinct’s PROVE Token Defies Market Weakness, Targets $1.70 Breakout
Succinct’s PROVE token has been one of the top-performing cryptocurrencies, posting strong gains even despite a turbulent broader trend. Over the last 24 hours, the token’s value rose by nearly 9.98%, while over the past week it surged 74.69%. PROVE is trading at $1.58 with $804.07 million daily volume, up 59.87%, and a $308.85 million
ATOM Holds Firm in Range as Institutions Dictate Price Action
ATOM traded in a tight range over the past 24 hours, with price action dominated by institutional flows. Between Aug. 11 at 15:00 and Aug. 12 at 14:00, the token swung 4% between $4.65 and $4.47. Heavy selling from $4.65 to $4.45 on Aug. 11 gave way to strong buying the following morning, with volumes […]
Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue
Crypto trading remained the backbone of eToro’s business in the second quarter, generating roughly 91% of the company’s total revenue, according to its latest earnings report. That’s down slightly from the 93% share recorded in the first quarter, suggesting a modest increase in the contribution from equities and other trading segments. For the three months […]