Jamie Crawley is a CoinDesk news reporter based in London.
, and climbed to around $61,250, a 24-hour increase of nearly 3%. Some news outlets reported late Wednesday that Robert Kennedy Jr. was planning to drop out of the U.S. presidential race by the end of this week and would endorse Donald Trump, who has positioned himself as a pro-crypto president if elected. Polymarket bettors give the withdrawal an almost 94% chance of it happening, a major shift from earlier in the week. The broader digital asset market is nearly 2.
One year ago, HashKey Capital forecast that ether liquid-staking derivatives would double from their August 2023 total value locked to $44 billion by August 2025.. The TVL of Ether LSDs hit $36.25 billion, with Lido claiming a 70% market share, according to data from DeFiLlama. Despite relatively stagnant ETH prices recently, demand for staking continues to rise, with the validator entry queue surging to an all-time high of around 7,400, HashKey Capital analysts wrote in a note to CoinDesk.
As of Aug. 20, over 100 tokens traded below their 2021 lows, 80 below the bear market lows of 2022 and 72 below their 2023 lows.Former FTX Executive Ryan Salame Claims Government Backtracked on Plea Deal: Filingin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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