Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value lockedApproximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billionLido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of … [Read more...] about Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
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First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows
Good morning. Here’s what’s happening this morning:Market moves: Bitcoin edged toward $58,000 as altcoins and other layer 1 tokens recovered from seven-day lows.Technician’s take: Momentum is improving as oversold readings appear on the chart.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $57,550 … [Read more...] about First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows
GBTC unlock edges closer as impact on Bitcoin price remains unclear
As Bitcoin (BTC) struggles around the $32,700 mark after the July 8 price drop, another major event looms over the flagship cryptocurrency in July, the Grayscale Bitcoin Trust (GBTC) unlock.A total of nearly 40,000 BTC will be unlocked in July, amounting to nearly $1.5 billion in notional value. The biggest of these unlocks will be on July 18 when 16,240 BTC will be available … [Read more...] about GBTC unlock edges closer as impact on Bitcoin price remains unclear