Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) has announced that it has invested in decentralized staking platform Lido. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their ETH – without locking assets or maintaining […]

The post Bitcoin to Propel A 40% Bullish Surge This Quarter! Will The Alt Season Decouple From Ethereum?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

   The global crypto market is on a quest for a moonish run. That would propel the digital assets from the industry to all-time highs. Where the crypto market’s valuation peaked at $3 trillion. Successively, folks from the crypto town have set their hopes on the star crypto Bitcoin. Which holds the potential to kickstart an …

The year is unfolding fast and while it appears that the price may lull, bitcoin will finally take the spotlight on the cryptocurrency stage.

On February 28, Lido Finance, an Ethereum 2.0 liquid staking service provider announced to integrate with Aave and Solarbeam. Earlier today, Wu Blockchain tweeted about the Open Source DeFi protocol, Aave and decentralized exchange, Solarbeam’s integration.  Lido, a POS staking platform, announced the integration of Aave and Solarbeam. Users can deposit stETH as collateral in Aave to earn interest, or add stKSM to the Solarbeam pool to earn rewards. — Wu Blockchain (@WuBlockchain) March 1, 2022   As stated in the tweet, the move was made to benefit users. Through this merger, users can deposit stETH as insurance in Aave to earn interest. stETH is a token depicting staked Ether in Lido. These tokens are minted upon deposits and burned while redeeming.   Users can also add stKSM to the largest DeX on Moonriver’s Kusama-based para chain, Solarbeam. Through the Solarbeam pool, users can earn rewards. DeFi Saver tweeted, on Monday, that there are only a few stETH deposited to date and there haven’t been any borrowings as of now.  On a secondary note, Lido took to Twitter to share that they have staked 2 Million ETH with Lido till now. 

The post Lido Announces Integration With Aave and Solarbeam appeared first on Cryptoknowmics-Crypto News and Media Platform.

The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark. (Read More)

Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction cost even further.

The post BTC Whales Stacking ETH, ADA, And DOT, 40% Gains Ahead Of The Altcoin Season? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

 The cryptosphere has been holding on to its price metrics in quest of a massive alt season. That could drive the assets from its directory to the moon, which have been longing for the thrust. Successively, crypto folks have been analyzing investment options, the timeframe of an altseason, consideration of whales amongst others.  In succession, …

Ever since the Ethereum network had launched its Beacon Chain for staking in December 2020, enthusiasts have waited for the day that the chain will finally be merged with Ethereum’s mainnet, giving way for the Proof of Stake consensus to be the only mechanism through which new ETH is created. While unfortunately, a specific date […]

Find someone who appreciates you as much as Mark Cuban appreciates Ethereum. Mark Cuban is a big fan of Ethereum, as the billionaire investor recently disclosed in an interview with Crypto Banter that he has contributed massively to Ethereum (ETH) and Polygon (MATIC). Cuban is well-known for being one of the public figures that are [...]

The post Mark Cuban Unveils Two of His Largest Altcoin Investments, Calls For Viral Crypto App appeared first on Blockonomi.

More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs. (Read More)

A popular crypto analyst is setting long-term price targets for an Ethereum (ETH) competitor based on optimistic predictions about ETH’s future. In a new strategy session, the host of financial education YouTube channel InvestAnswers first shares with his 410,000 subscribers an Ethereum chart from Coinstack’s Ryan Allis. The chart plots out significant rises in valuation […]

The post Crypto Analyst Makes Bullish Solana (SOL) Predictions for Each Year Until 2030 – Here Are His Targets appeared first on The Daily Hodl.