Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket Pool Reach New Heights with 9 Million and 1 Million […]
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $ 1.48 trillion. Notably, bitcoin achieved a peak of $ 39,705 within the day, marking its highest value since late April 2022. Crypto Economy Climbs Nearly 2% on Saturday, Hits $ …
Antpool Surpasses Foundry in Hashrate Battle, Claiming Top Spot in November’s Bitcoin Mining Race
Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, out of the 4,436 blocks that were mined, Antpool was responsible for uncovering 1,218 of them, […]
Tether Achieves Lifetime High With $86.51B Valuation; Tron Version Surpasses ETH in Several Metrics
This week, the leading stablecoin by market capitalization attained a valuation of $ 86.51 billion, following a supply surge of 3.6% in the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain is home to 40.02 billion tethers, with the remainder circulating across various other blockchain platforms. Tether …
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $ 40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the $ 50 billion mark. …