Month: August 2024

Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.

The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company.

Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering.

The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.

Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.

The last time this whale address bought the dip, was just before Ether rose from $2,100 to $3,100.

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.

The Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.

Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway.

OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.