From here, Nansen says many users opted to sell their stETH back for ETH, which had the effect of depressing stETH’s price. Most stETH sellers, according to Nansen, dropped their tokens onto Curve – a...
Tag: stETH
Why Staked Ether (stETH) seems to be responsible for another liquidity crisis?
Here the crypto market is hardly showing any growth amidst the ongoing crypto crash, yet another one seems to create a similar situation. It hasn’t been long since a stablecoin collapse in the form of...
What is staked ether (stETH) and why is it causing havoc in crypto?
Ether is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing havoc in the digital asset market — an...
As Staked Ethereum (stETH) Slumps, MakerDAO Adopts An Alternative
DeFi giant MakerDAO on Friday approved a proposal to adopt an alternative to Lido-Staked Ethereum (stETH) as collateral, following the token’s de-peg. In a governance proposal that saw 64% approval by...
Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms
Singapore-based crypto hedge fund Three Arrows Capital is facing liquidation risks as it continues to remove stETH tokens from its holding. Three Arrows Capital on Thursday has again exchanged 5500 st...
DeFi Giant MakerDAO Braces For Celsius Liquidation As stETH Slumps
MakerDAO said on Thursday it will disable direct deposits with peer Aave due to the latter’s high exposure to a potential Celsius liquidation. The move was bought up in a governance proposal that was...
Staked Ethereum (stETH) Breaks Below $1K As ETH Liquidations Surge
Lido Staked Ethereum (stETH), a key factor in the ongoing crypto crash, widened its rift with Ethereum and fell below $1,000 on Wednesday. stETH dropped to as low as $959.77, before recovering to a li...
Three Arrows Capital Sells Over 56,000 Staked Ether Amid Growing stETH Discount – crypto.news
Wallets believed to belong to major investment firm Three Arrows Capital (3AC) recently sold off over 56,000 Lido staked ether (stETH) leading to a further decoupling of the price relationship between...
Amid Ethereum price Slump, Three Arrows Dumps Millions of stETH – Coinpedia – Fintech & Cryptocurreny News Media
The price of Ethereum (ETH) has dropped about 33 percent in the previous seven days, and it is currently trading at $1,239. On the morning of June 13, the cryptocurrency market became even more panick...
Three Arrows Capital Dumps $33 Mln Staked Ethereum (stETH)
Venture capital firm Three Arrows on Tuesday swapped about $33 million worth of Lido Staked Ethereum (stETH) for Ethereum on DeFi platform Curve. The move comes as stETH prices diverge further from ET...
stETH Drops to 0.93 ETH – Trustnodes
The value of the liquid staking derivative stETH is down 2.3% today to 0.937 eth when they’re equivalent to one staking eth. The ratio has kept to circa one eth since they launched on Christmas day 20...
Celsius, Staked Ethereum (stETH) Are Pummeling DeFi Valuations
The DeFi space is facing a sharp drop in valuation amid concerns over the Celsius suspension and the Lido-staked Ethereum (stETH) de-pegging. Data from aggregator DeFi Llama shows that the total value...
Celsisus, Staked Ethereum (stETH) Are Pummeling DeFi Valuations
The DeFi space is facing a sharp drop in valuation amid concerns over the Celsius suspension and the Lido-staked Ethereum (stETH) de-pegging. Data from aggregator DeFi Llama shows that the total value...
Lido staked ether (stETH) discount drops to 5% for second time in one month
Lido’s staked ETH (stETH) token price has dropped to a 5% discount against ether (ETH) for the second time in a month, amid fears of shrinking liquidity for the staking derivative. stETH is a derivat...
Here’s Lidos (stETH) Plan of Action to Avoid Crash! – Coinpedia – Fintech & Cryptocurreny News Media
In the previous 24 hours, the price of Ethereum, the second largest cryptocurrency, has plummeted by 8%, with Lido’s staked ETH (stETH) token price following suit and causing panic in the cryptocurren...
Lido Introduces Proposal To Curb stETH Crash
Ethereum (ETH) prices have dropped by over 10% in the last 24 hours. Meanwhile, Lido’s staked ETH (stETH) toke price has also crashed in a similar manner. However, its deppeging has caused a panic in ...
Staked Ethereum (stETH) Could Cause A Crypto Crash, Here’s How
Lido Staked Ethereum (stETH), a staked, DeFi variant of Ethereum, has diverged sharply from the latter in the past 48 hours. The token, which is supposed to trade at a 1:1 peg to ETH, is currently tra...
Will Ethereum(ETH) Price Trade Backwards to Maintain the stETH Peg!
stETH, the tokenized form of staked ETH and the native token of Lido de-pegged and dropped hard similar to that of UST. Lido is a staking solution for Ethereum backed by several industry-leading staki...
Will Lido Staked Ethereum (stETH) Have Similar Fall Like TerraUSD? – Coinpedia – Fintech & Cryptocurreny News Media
In the last 24 hours, Lido Staked Ethereum (stETH), a currency that represents staked Ethereum on defi platform Lido, has depegged dramatically. At $1,646, stETH is down roughly 5% in the last 24 hour...
Ethereum Staking Dries Up as Steth Loses Balance – Trustnodes
Desire to stake eth has gone down to its lowest level since staking began with the queue to become a validator dwindling. Just 700 individuals/entities are waiting to become a validator currently, dow...
Lido Issues Warning Regarding Asset Liquidation As stETH Sheds Its Ties
These are hard times for the crypto sector, there is no denying it, but we can safely say it is the worst time for stablecoins. An increase in the staked Ethereum (stETH) redemptions has resulted in...