Defying The Crypto Crash: Liquid Staking’s $20 Billion Rise Amid Market Uncer...
The crypto market has witnessed several fluctuations, but specific sectors’ resilience within this domain remains attractive. Recently, despite a noticeable dip in the broader crypto market, one area seems poised to touch its peak, demonstrating the potential and adaptability within the crypto ecosystem, per a report. Liquid staking, a sector that facilitates rewards for token pledges supporting blockchain operations, shows signs of resurgence. This re-emergence occurs despite an overarching downturn in crypto assets. Related Reading: Lido (LDO) Price Inks Gains Alongside TVL Rise –....
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The cryptocurrency market’s recent crash left traders counting their losses, with $2.4 billion worth of positions liquidated in a matter of hours. The causes – crackdown measures in China, celeb concerns over Bitcoin’s excessive energy consumption, general widespread FUD – seemed to pale into insignificance amid the worsening picture, with losses eventually eclipsing $1.3 trillion […]
Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reason behind $500 billion crypto market wipe off. The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40K while Ether (ETH) also lost $3K support.At a time when crypto proponents are debating whether the crypto market has entered a bear phase, many wild theories flooded the internet to make....
The Terra LUNA crash last month sent many investors back in their returns. The crypto market generally crashed the previous month, but the 80% deep dive in Terra wasn’t funny. The panic by the investors to pull out of the crypto crash intensified the fall of many coins. Generally, the crypto market suffered a loss estimated at $400 billion in a few days. Surprisingly, a new report has emerged showing that while the Whales were dumping their holdings, the retailers were busy buying up Terra. According to the Terra investor who made the report, many smaller wallets were stocking up the....
The top memecoins Dogecoin and Shiba Inu haven’t been spared in the latest crash in the crypto market as the coins are currently down 16% and 12%, respectively. Dogecoin And Shiba Inu Bleed Amid Wider Crypto Crash The memecoins had been having a rough time for a while now, much like the rest of the […]
Crypto markets recorded a notable rise, surging $700 billion, or 58%, over the past 21 days. The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion.According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9 trillion mark on Aug. 9, retouching this level for the first time since May 18.Starting July 19, cryptocurrency markets recorded a notable rise, with market value surging nearly $700 billion. The market is still down roughly $700 billion from the all-time high of....