The native token behind Lido Finance surged more than 10% over the past 24 hours, jumping from roughly $4.25 to a peak of $4.82, according to data pulled from CoinMarketCap. LDO has since retraced some and is now trading at $4.56, up 6.7% on the day. The project’s token is a governance token, letting holders vote on proposals and adjust fee parameters within Lido Finance. Today’s move is only the latest in what has been a very bullish week for LDO; in the last seven days, the token has… Source link

Bitcoin (BTC/USD) Analysis Key Highlights BTC traded flat between $47,458 and $45,565 for the past three days. The pair faced some downside pressure after upbeat US jobs data. It is struggling to close above the 200-day MA. Technical Analysis Intraday trend – Bearish On the daily chart, BTCUSD is trading above Tenken-Sen ($46,167), Kijun-sen ($42,900), and Ichimoku Kumo cloud ($40,539). It hits an intraday low of $45,773 and is currently trading around $45,974. Major support is seen at $44,000,… Source link

Bitcoin price tightens around the yearly open at $46,198, before establishing a directional bias. Ethereum price grapples with the 200-day SMA at $3,489 trying to move higher. Ripple price also struggles with uptrend as it hovers around the $0.85 barrier. Bitcoin price is bracketing around the yearly open and shows no signs of breaking out. Moreover, a directional bias seems to be absent. Ethereum and Ripple are both facing crucial hurdles, the clearing of which… Source link

Bitcoin (BTC) starts a new week and a new quarter as if it were starting the new year — at just over $46,000. In what will seem like some serious deja-vu for hodlers, BTC/USD is at practically the same level it was on January 1, 2022. Price action has been quiet — too quiet, perhaps — in recent days, but behind the declining volatility, there are signs that the market is busy deciding its future direction. From macro to on-chain, there are in fact plenty of cues to keep an eye on in April… Source link

Ethereum gained pace above the $3,500 resistance against the US Dollar. ETH price is consolidating and might eye more gains above the $3,550 resistance. Ethereum started a fresh increase after it cleared the $3,450 resistance. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a key rising channel forming with support near $3,455 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it manages to stay above the… Source link

Ethereum price continues to make successive moves higher over the weekend, creating a new three-month higher on Saturday. Dip buying continues, but bullish conviction is tested against the $3,500 price level. A 12% pullback is likely if bulls fail to close above $3,500. Ethereum price action is at an inflection point. All eyes are on Ethereum to see how it reacts to the $3,500 level this week. Failure to close above could likely result in a swift return to $3,000… Source link

This post was first published on Medium. Read Delegation in Bitcoin. We introduce a simple yet universal delegation mechanism, an alternative to the script-level delegation we have developed. Transaction-Level Delegation Let us say Alice wants to delegate her UTXO to Bob. She creates a transaction of two inputs: one spending her UTXO and the other spending Bob’s UTXO. She signs her input using sighash flag SIGHASH_NONE, meaning all outputs of the transaction can be malleated. She… Source link

The man claiming to be Satoshi Nakamoto, the creator of bitcoin, said in a recent interview that he does indeed plan to sell his huge stash of the digital coins at some point, a report says. Craig Wright, who says he is the creator of bitcoin, has a supply of around 1.1 million bitcoins, which has spurred fears that if he sold most of it, it would crash the market. Those fears were originally a reaction to a post Wright made in May 2020, when he said he was planning to sell his bitcoin. He… Source link

Ethereum is about to close a third green weekly candle. However, it seems like the bullish move has weakened as ETH faces strong resistance (marked by red). The weekly candle closes soon, and the bulls still seem to have control over the market. The opening of global markets on Monday may have a significant impact on determining the market’s trend. Technical analysis by Grizzly The Daily Chart Ethereum has reached a zone of solid resistance on the daily timeframe, combined… Source link

Bitcoin (BTC) price swings might be impossible to predict, but there is a strategy frequently used by pro traders that yields high returns with minimal cost. Typically, retail traders rely on leveraged futures positions which are highly susceptible to forced liquidations. However, trading Bitcoin options provide excellent opportunities for investors aiming to maximize gains while limiting their losses. Using multiple call (buy) options can create a strategy capable of returns six times higher… Source link