Bitcoin DeFi project Solv to launch native token on Hyperliquid

It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.

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Grayscale launches Lido, Optimism investment funds

The new funds add to Grayscales expanding suite of single-asset crypto products.

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Arrington Capital-backed RedStone launches Bitcoin staking oracles

Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kamierczak.

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Can liquid staking tokens depeg due to market volatility?

Some top LSTs have previously seen price deviations of up to 77% from Ethers price due to mass sell-offs paired with liquidations on leveraged lending protocols.

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These Cryptocurrencies Are Well-Positioned To See Gains Ahead Of Ethereum’s Upgrade

The Ethereum Shapella upgrade has been scheduled to happen in April which would be a significant upgrade for the network. As a result, the price of Ethereum, as well as other tokens on the blockchain, has been seeing a good upside. However, there are some cryptocurrencies that are uniquely positioned to benefit from this upgrade. [...]

The post These Cryptocurrencies Are Well-Positioned To See Gains Ahead Of Ethereum’s Upgrade appeared first on Crypto Breaking News.

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Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows

Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity. The percentage of gas consumed by DeFi protocols has dropped [...]

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