[ad_1] Key Takeaways:What is Liquid Staking and Why is it so exciting? Liquid Staking allows you to get maximum value from your already-staked assets for extra yield and security across several networks.TVL for liquid restaking on Ethereum has skyrocketed close to 60 times in 2024 alone, from $284 million to $17 billion.While liquid staking offers amazing potential for profits, it comes with risks like price volatility and network security vulnerabilities.Why is Liquid Restaking Driving the Frenzy?To understand liquid restaking, one first has to distinguish it from liquid staking.Liquid staking allows you to lock your assets (e.g., ETH) and receive representative…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Aave (AAVE), the leading decentralized finance (DeFi) lending protocol, has captured the spotlight with an extraordinary surge of over 200% since November 5. Outperforming the broader market, AAVE has reached its highest levels since 2021, marking a remarkable recovery and reaffirming its dominance in the DeFi ecosystem. Related Reading Key metrics from IntoTheBlock underscore AAVE’s unmatched position in the lending sector. With an impressive 45% market share, it remains the top choice for users seeking decentralized borrowing and lending solutions. With AAVE trading at multi-year highs and on-chain data suggesting robust activity,…
[ad_1] The co-founders of the crypto analytics firm Glassnode are outlining two key conditions that could spark altcoin rallies just in time for Christmas. Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,300 followers that altcoins could be on the verge of outperforming Bitcoin (BTC) in the next two weeks. The Glassnode co-founders are looking at the Bitcoin Dominance (BTC.D) chart, which tracks the percentage of the total crypto market cap that belongs to Bitcoin. The duo shares a chart suggesting that BTC.D has flipped bearish, opening the doors…
[ad_1] Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and…
[ad_1] The Bitcoin price performance in 2024 is one for the history books, with the premier cryptocurrency crossing the $100,000 mark for the first time ever. However, hitting this milestone opened the door to another conversation — when will the market top be in? As a result, several predictions of the Bitcoin price top have emerged from the crypto crowd over the past few weeks. The latest on-chain observation suggests that the market might not have peaked or might not be close to a peak just yet. Realized Profit Ratio Relatively Low Compared To Previous Cycles In a recent Quicktake…
[ad_1] Popular market analyst Egrag Crypto has tipped XRP to soon hit the $2.90 price mark. This prediction comes amidst little movement in the XRP market following a consolidation between $2.25-$2.50 over the past few days. The altcoin emerged as one of the biggest market gainers post-US elections rising by over 340% since November 5. However, XRP alongside crypto market leader Bitcoin has only seen little gains so far in December. XRP’s Path To $2.90 In an X post on December 14, Egrag Crypto shares a potential price trajectory for XRP to reach $2.90. Firstly, the analyst notes the asset…
[ad_1] Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan. Iran’s capital and its nearby provinces are also reporting rolling power blackouts in the last two months, disrupting businesses and the locals’ everyday lives. While the local authorities have floated several underlying factors for the recurring problem, they may suspect that crypto mining played a crucial role in it. Tehran’s latest problems with rolling power outages have raised concerns…
[ad_1] Asset management giant VanEck is predicting a large surge in decentralized finance (DeFi) trading volumes next year. In a new report detailing its predictions for 2025, VanEck analysts say decentralized exchange (DEX) volumes will capture a fifth of centralized exchange (CEX) spot trading volumes. “Despite record-high decentralized exchange (DEX) trading volumes, both in absolute terms and relative to centralized exchanges (CEXs), decentralized finance (DeFi) total value locked (TVL) remains 24% below its peak. We anticipate that DEX trading volumes will surpass $4 trillion in 2025, capturing 20% of CEX spot trading volumes, driven by the proliferation of AI (artificial…
[ad_1] Key Takeaways:MicroStrategy Incorporated, led by Michael Saylor, has been officially included in the Nasdaq 100 stock index.That will be accompanied by huge inflows of cash from ETFs into MSTR, therefore pushing the stock price upwards.The momentum in this milestone is a good omen for Bitcoin, signaling wide acceptance in the market.You probably know Michael Saylor, one of the most vocal Bitcoin ambassadors. Well, his company, MicroStrategy (MSTR), has just made headlines by being officially added to the Nasdaq 100—one of the most prestigious stock indices in the world. This is not only a success for MicroStrategy but also a…
[ad_1] Dogecoin’s price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757. While this dip might appear concerning to some, crypto analyst Master Kenobi believes it is a natural and necessary phase in Dogecoin’s journey toward another bullish breakout. According to his analysis shared on social media platform X, Dogecoin needs to close below $0.465 in the weekly timeframe. Although it sounds bearish at the get-go, it is actually based off a very bullish price outlook for…