In a move that rattled crypto markets, BlackRock’s spot Ethereum ETF recorded its largest single-day outflow since inception, with 101,975 ETH, worth roughly $375 million exiting the fund on August 4, according to SoSoValue data retreived by Finbold on August 5. This sudden withdrawal not only broke a 21-day streak of consistent inflows but also reduced the fund’s Ethereum holdings by about 3%, signaling a sharp shift in institutional positioning. The selloff wasn’t isolated to Ethereum. U.S. spot Bitcoin ETFs saw $333 million in net outflows on the same day, led by BlackRock’s IBIT , which accounted for $292 million of that figure. In total, Ethereum ETFs experienced $465 million in redemptions, with BlackRock’s ETHA leading the exodus. BlackRock Ethereum ETF outflow. Source: SoSoValue Ethereum price analysis Ethereum held steady around $3,669 despite the large-scale withdrawals, highlighting the market’s resilience even in the face of significant institutional rebalancing. For some analysts, this points to opportunistic profit-taking following ETH’s recent climb above $4,000, while others see it as an early signal of a broader risk-off trend emerging in institutional crypto exposure. Whether these outflows prove to be a temporary blip or the start of a new phase in institutional repositioning will likely become clearer in the coming sessions, as markets digest the shift in ETF flows and reassess Ethereum’s near-term trajectory. The post BlackRock just dumped over $600 million of these two cryptocurrencies appeared first on Finbold .
Bitcoin’s gradual price recovery was halted ahead of the $116,000 mark as the asset was pushed south by a few grand in the past few hours. Most altcoins are in the red as well, with substantial retracements from TON and ENA. LTC stands in the opposite corner with an 8.5% pump to over $120. BTC Ascent Stopped Bitcoin traded with a tight range most of last week until Wednesday evening, when it slipped from $119,000 to under $116,500 after the US Federal Reserve decided to leave the key interest rates unchanged for the fifth consecutive time. Although it recovered some ground on Thursday, the bears resumed control and pushed it south hard in the following days. BTC broke below the lower boundary of its trading range and dumped to $112,000 during the weekend, which became its lowest price tag in over three weeks. The bulls managed to defend that level, and didn’t allow another plunge to and under $110,000. In fact, BTC started to recover some ground gradually over the next few days and jumped to just over $115,600 yesterday. However, it couldn’t continue any further, and the subsequent rejection has pushed it to $114,000 as of now. Its market cap has declined to $2.270 trillion on CG, and its dominance over the alts is below 60% once again. BTCUSD. Source: TradingView LTC Defies the Odds Most altcoins have followed BTC on the way down, led by notable price losses by TON and ENA. Both have dropped by double digits on a daily scale, to $3.3 and $0.58, respectively. XLM, HBAR, and XMR are also well in the red SUI, LINK, ADA, HYPE, BNB, DOGE, and XRP are also slightly in the red, while ETH, SOL, and TRX have posted insignificant gains. Litecoin has seen an impressive 8.5% surge over the past day, and it now trades above $120. MNT has stolen the show, surging by 20% to almost $0.9. The total crypto market cap has lost about $40 billion since yesterday’s top and is back to $3.8 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post LTC Explodes 8% Despite Market-Wide Retracement, BTC Rejected Ahead of $116K: Market Watch appeared first on CryptoPotato .
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BitcoinWorld CoinW Unveils Upgraded Fee Structure and Reward Ecosystem to Boost Crypto Utility and Earnings HONG KONG , Aug. 5, 2025 /PRNewswire/ — CoinW, a global leading cryptocurrency asset trading platform , has unveiled a major upgrade to its spot trading fee structure , alongside additional user benefits and global payment perks. This initiative marks a significant step toward building a trade-to-earn-driven asset ecosystem, offering users more flexibility, efficiency, and profitability. Lower Fees, More Benefits The upgraded spot trading fee structure introduces a nine-level system (Lv1–Lv9), based on either a user’s 30-day trading volume or average daily asset holdings. No applications or manual reviews are needed—tiers are updated daily. With maker and taker fees dropping as low as 0.020% and 0.030%, CoinW’s rates are well below industry averages—offering strong value without compromising liquidity or capital efficiency. This streamlined model lowers entry barriers for new users while better rewarding active traders and long-term holders alike. “The update isn’t simply a fee adjustment—it’s a pivotal step in advancing the CoinW asset experience,” said Nassar Achkar , CoinW’s Chief Strategy Officer. “We’re building an inclusive crypto financial ecosystem where users can grow their assets and spend them globally, all within one platform. This reflects our commitment to both technological progress and the long-term promise of democratized crypto finance.” Seamless Global Payments with CoinW Card As part of the upgrade, CoinW is also rolling out the CoinW Card—a global crypto payment solution that links your digital assets to everyday spending. Users can apply for a virtual or physical SGD-denominated card and pay with USDT directly—no need for manual withdrawals. Highlights include: Free virtual card issuance with zero monthly fees Physical cards support global ATM withdrawals with single transaction limits up to $20,000 Support for online and offline purchases worldwide Up to 50% off physical card fees during the launch period More than a payment tool, CoinW Card connects digital assets to real-world spending, advancing crypto adoption worldwide. Whether shopping online or withdrawing cash abroad, users enjoy a truly borderless payment experience. As part of the Fast-Track Access Program, eligible users can unlock CoinW Card privileges, tiered fee discounts, and extra incentive coupons—all in one go. Limited-Time Campaigns to Celebrate the Upgrade To mark this milestone, CoinW will run three user-centric campaigns from August 4 to August 31 , providing easier access to discounted trading fees, enhanced reward opportunities, and exclusive benefits: Tier Access at Half Threshold: Trade or hold 50% of usual requirements to enjoy tiered fee discounts for 30 days. 7-Day Fee Trial for New Users: New or migrating users can submit proof of trading or holdings from other platforms to receive Lv3 fee rates (Maker 0.070%, Taker 0.075%) for 7 days. 100% Win Mystery Box Draw: Complete daily tasks for up to 4 chances to win prizes such as discounted fee cards, CoinW Cards, reward coupons, and popular tokens like SOL and PEPE. These campaigns make CoinW’s asset ecosystem more accessible, providing users with opportunities to engage and transact more efficiently. By lowering fees, enhancing trading conditions, and enabling real-world spending options, CoinW continues to expand the practical use of cryptocurrencies—turning digital assets into everyday lifestyle tools and making crypto finance more accessible and user-friendly for everyone. About CoinW Founded in 2017, CoinW has grown into one of the world’s leading cryptocurrency asset trading platforms , serving a vast and diverse global user base. The platform offers intelligent trading services, with a daily trading volume exceeding $5 billion and a consistent top 4 ranking in CoinMarketCap’s futures markets. With over 10 million registered users, CoinW is deeply committed to advancing wealth creation and blockchain innovation, continually enhancing its product ecosystem with innovations. Since 2022, CoinW has significantly expanded its global brand presence through international sports sponsorships, including a high-profile partnership with football legend Andrea Pirlo . In addition to its commercial growth, CoinW is actively engaged in corporate social responsibility — from donating supplies to orphanages in Africa to supporting animal welfare in Taiwan . Looking ahead, CoinW aims to promote financial inclusion on a global scale, continue leading the cryptocurrency sector, and accelerate the adoption of blockchain technology and digital assets worldwide. To learn more about CoinW, you can visit the website , and follow CoinW’s X Account , and Telegram Group . This post CoinW Unveils Upgraded Fee Structure and Reward Ecosystem to Boost Crypto Utility and Earnings first appeared on BitcoinWorld and is written by chainwire
BitcoinWorld AI-powered Fintech Alaan Secures Landmark $48M Funding for MENA Expansion In the dynamic world of cryptocurrency and digital finance, breakthroughs in traditional financial sectors often pave the way for broader innovation. A significant development in the Middle East and North Africa (MENA) region recently highlighted this, as Alaan, a pioneering AI-powered fintech company, announced a monumental $48 million Series A funding round. This achievement marks one of the largest Series A rounds for a fintech in the MENA region, signaling strong investor confidence in its transformative approach to corporate finance. How is Alaan Revolutionizing Corporate Expenses in MENA? The genesis of Alaan stems from a common pain point experienced by many businesses in the MENA region: inefficient corporate expense management. Parthi Duraisamy, co-founder and CEO of Alaan, vividly recalls the challenges faced during his consulting days at McKinsey’s Dubai office. The limited acceptance of traditional corporate cards, like American Express, often forced employees to cover substantial travel expenses out-of-pocket, followed by the tedious process of manual expense reporting. “It was a constant pain,” Duraisamy shared, detailing the hours spent on weekends reconciling receipts. Recognizing this critical need, Duraisamy, alongside fellow McKinsey alumnus Karun Kurien, launched Alaan. Their vision was to create a seamless solution for corporate expense management, a platform that would eliminate manual reconciliation and streamline financial operations. The recent $48 million Series A funding round, led by Peak XV Partners (formerly Sequoia Capital India & SEA), validates Alaan’s impact. Notable participants in the round included founders from 885 Capital, Y Combinator, 468 Capital, Pioneer Fund, and even founders of some of Alaan’s unicorn customers, such as Hosam Arab (Tabby) and Mudassir Sheikha (Careem). What Makes Alaan a Leader in Spend Management? Alaan has rapidly ascended to become the Middle East’s leading spend management platform, despite facing significant hurdles. Its path to market leadership was not without challenges, particularly regulatory complexities and the necessity for robust banking partnerships. For instance, launching in the UAE and later expanding into Saudi Arabia required years to secure approvals from apex banks. “The biggest challenge we faced, both in the UAE and Saudi Arabia, was simply going live,” Duraisamy explained. However, Alaan’s agility in other areas allowed it to innovate swiftly. The company made a pioneering move by integrating Apple Pay into its B2B offerings, a feature previously unavailable to finance teams in the region. More significantly, Alaan’s strategic adoption of AI has been central to its product evolution. Initially, a conversational chatbot for spending queries did not gain traction. This led to a crucial shift in strategy: leveraging AI to work in the background, streamlining processes such as: Receipt Matching: Automating the tedious task of matching receipts to transactions. Reconciliation: Simplifying the complex process of financial reconciliation. VAT Extraction: A particularly valuable feature in the region, helping businesses navigate complex VAT regulations and reclaimable taxes. Through these AI-driven efficiencies, Alaan claims its platform has saved finance teams over 1.5 million hours of manual work, a number expected to grow as the company continues its investment in automation. Why is Alaan’s Funding a Game-Changer for MENA Fintech? The $48 million Series A round positions Alaan as a significant player in the burgeoning MENA fintech landscape. Compared to Saudi Arabia’s buy-now-pay-later platform Tamara, which raised $110 million a couple of years ago, Alaan’s funding round stands out as one of the largest for a Series A fintech in the region, highlighting the growing investor appetite for innovative financial solutions in MENA. Since its launch in 2022, Alaan has processed over 2.5 million transactions for more than 1,500 finance teams across major regional enterprises, including G42, Careem, Tabby, and Lulu Group. Beyond impressive transaction volumes, Alaan boasts a crucial differentiator: profitability. Duraisamy noted that the company spent $5 million to generate $10 million in revenue, a testament to its capital-efficient model. GV Ravishankar, Managing Director at Peak XV, affirmed this, stating, “The category has demonstrated strong product-market fit in the MENA region, and Alaan stands out as the category leader. Their customer-centric and product-led mindset has enabled them to build solutions tailored to modern finance teams.” This disciplined approach, Duraisamy credits to Y Combinator and his mentors, sets Alaan apart in a market where many fintechs prioritize payment volumes over sustainable growth. What’s Next for This AI-Powered Fintech Innovator? With this substantial Series A funding, Alaan is poised for accelerated expansion, particularly in Saudi Arabia, where it launched earlier this year and has already seen transaction volumes double month-over-month for the past six months. The investment will fuel hiring across sales, customer success, and compliance teams, while also doubling down on its core strength: AI-powered fintech automation for finance. When questioned about the influence of global success stories like Ramp, whose valuation significantly increased recently, Duraisamy emphasized Alaan’s focus on fundamental strength. “When you talk to investors, what really matters for a company at our stage is the fundamentals: how capital-efficient we are, how much revenue we generate, how strong our go-to-market motion is,” he explained. This pragmatic outlook underscores Alaan’s commitment to building a robust and sustainable business, regardless of broader market trends or the performance of other players. Their success is rooted in addressing real pain points in corporate expenses and delivering tangible value through advanced technology. In conclusion, Alaan’s impressive $48 million Series A funding round is a landmark achievement for the MENA fintech ecosystem. By leveraging AI to tackle the complexities of corporate expense management, Alaan has not only achieved profitability but also cemented its position as a category leader. Its strategic expansion plans and commitment to AI-driven automation promise continued innovation and growth, empowering finance teams across the region with smarter, more efficient tools. Alaan’s journey is a compelling narrative of identifying a critical need, navigating regulatory landscapes, and building a technologically advanced, customer-centric solution that resonates deeply within the market. To learn more about the latest AI-powered fintech trends, explore our article on key developments shaping AI models and their institutional adoption. This post AI-powered Fintech Alaan Secures Landmark $48M Funding for MENA Expansion first appeared on BitcoinWorld and is written by Editorial Team
Key takeaways : DOGE price may reach $0.3936 by the end of 2025. By 2028, DOGE may potentially achieve a peak price of $1.05. By 2031, DOGE might touch $1.71 with an average trading price of $1.64. Propelled by a dedicated community of part-time developers and enthusiastic internet supporters, Dogecoin is poised for significant growth in the coming years. Despite relying on borrowed code due to limited resources, its popularity continues to soar, with tens of thousands of social media followers advocating for supply limitations. Having touched its ATH at $0.7376, will DOGE reach $1? Let’s get into the Dogecoin price prediction and technical analysis. Overview Cryptocurrency Dogecoin Token DOGE Price $ 0.202 (-3.33) Market Cap $30.53B Trading Volume (24-hour) $1.7B Circulating Supply 150.38B DOGE All-time High $0.7376 May 07, 2021 All-time Low $0.00008547 May 07, 2015 24-hour High $0.2109 24-hour Low $0.2007 Dogecoin price prediction: Technical analysis Volatility (30-day Variation) 13.26% 50-Day SMA 0.198162 14-Day RSI 42.00 Sentiment Neutral Fear & Greed Index 64 (Greed) Green Days 16/30 (53%) 200-Day SMA 0.178758 Dogecoin price analysis TL;DR Breakdown : Dogecoin price analysis confirmed a downtrend as its price decreased to $0.202. The cryptocurrency lost 3.33% of its value. The DOGE coin is expected to find support around $0.198. On August 5, 2025, Dogecoin price analysis revealed a downward trend for the meme coin with clear bearish pressure. The coin’s price decreased to $0.202 today. From an overall observation, the meme coin lost a significant 3.33 percent in the past 24 hours. Buying momentum was strong yesterday, as the coin gained significant value, but the price is now on another bearish path, reaching $0.202. Dogecoin 1-day price chart analysis The one-day price chart of Dogecoin confirmed a bearish trend in the market, as sellers are defining the price action. The cryptocurrency’s value dropped to $0.202 today. A red candlestick on the price chart signifies renewed selling activities. The coin gained significant value yesterday, but sellers have stepped in today to suppress the price levels at $0.210. DOGE/USD 1-day Price Chart. Source: TradingView The distance between the Bollinger bands defines the volatility. This distance is high, leading to high volatility levels. Moreover, the upper limit of the Bollinger Bands indicator, indicating the resistance level, has shifted to $0.2759, whereas its lower limit, serving as the support, has moved to $0.1823. The Relative Strength Index (RSI) indicator is trending in the neutral area. The indicator’s curve has dropped toward 45.31 in the past 24 hours. The indicator gives a sell call as the selling pressure continues to rise. DOGE/USD 4-hour price analysis: The four-hour price chart of Dogecoin also confirmed a bearish trend in the market. The DOGE/USD price has been facing decreasing volatility toward the $0.202 level on an hourly basis. The decreasing volatility signals a lesser chance of a trend reversal and less price oscillation in the coming hours. However, sellers are currently holding the DOGE price below $0.205. DOGE/USD 4-hour price chart. Source: TradingView The Bollinger Bands are slowly converging, leading to decreasing volatility. This low volatility signifies lesser market unpredictability. Moving ahead, the upper Bollinger Band has shifted to $0.2092, indicating the resistance point. Conversely, the lower Bollinger Band has moved to $0.1908, showing the support point. The RSI indicator is trending downwards in the neutral region. Its value has decreased to 46.84 in the past four hours. This situation hints at dominance by the sellers, and further depreciation also seems possible. Dogecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.183954 BUY SMA 5 $ 0.201401 BUY SMA 10 $ 0.216593 SELL SMA 21 $ 0.227766 SELL SMA 50 $ 0.198162 BUY SMA 100 $ 0.201068 BUY SMA 200 $ 0.178758 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.213754 SELL EMA 5 $ 0.206427 SELL EMA 10 $ 0.196396 BUY EMA 21 $ 0.187653 BUY EMA 50 $ 0.195108 BUY EMA 100 $ 0.220494 SELL EMA 200 $ 0.228141 SELL What can you expect from the DOGE price analysis next? Dogecoin price analysis gives a bearish prediction regarding the ongoing market events. The coin’s value has decreased to $0.202 in the past 24 hours. If sellers maintain their momentum, DOGE’s price might trigger further loses and head toward $0.198. Is DOGE a good investment? Dogecoin has strong potential for growth due to its high adoption and strong community. However, DOGE is highly volatile, and its unlimited supply raises questions about its future price. Social media news and trends also highly affect the meme coin, so diversification and your own research are advised. The coin is expected to touch the $0.481–$0.612 level by 2026. Why is DOGE down? DOGE’s price dropped to $0.202 over the last 24 hours as buyers tried to maintain support around $0.2010, but could not succeed. Moreover, sellers are currently competing for dominance over the price action. What is the expected value of Dogecoin in 2025? Dogecoin is expected to trade at an average price of $0.328029 in 2025. Will DOGE reach $0.50? If the broader cryptocurrency market turns bullish, DOGE will join the rally. As a meme coin, it runs mostly on positive speculation. It’s expected that the coin will touch this level by March 2026. Will DOGE reach $1? Considering Dogecoin’s current value, $1 is still a far-reaching target. However, robust community support can push this meme coin to $1 by 2028. Will DOGE hit $10? Despite the risk involved with meme-based crypto pairs like Dogecoin, they can still shoot up on positive momentum. However, the market speculates that DOGE cannot reach the $10 level in the foreseeable future. How much is $500 worth of Dogecoin right now? $500 is worth nearly 2,284 DOGE in August; however, this amount changes based on day-to-day price fluctuations. Does DOGE have a good long-term future? Most well-known altcoins are trading at lower levels, but looking at DOGE, it’s trading above its average price of the last two years. Currently, the coin is trading below the year’s peak price of $0.414, which was observed on January 17, 2025, but the trend is expected to change, and a positive outbreak can be expected. The DOGE/USD pair is expected to reach the $1.71 mark by 2031, so holding it for longer can be beneficial. Recent news/opinion on Dogecoin Dogebox v0.6.0 introduces integrated pup development tooling that provides a complete development environment built directly into the platform. We published Dogebox v0.6.0 last night: – Integrated pup development tooling – Pup "Collections" for quick setup – Automatic blockchain importing – WiFi support for post-configuration setup – Switch to NixOS Flakes for easier upgrading Enjoy! https://t.co/5Qr2zdPp4v — s1w (@adam__brady) July 21, 2025 Dogecoin price prediction August 2025 In August 2025, DOGE could maintain a trading range of $0.160 to $0.277, with an average price of $0.225. DOGE price prediction Minimum price Average price Maximum price DOGE price prediction August 2025 $0.160 $0.225 $0.277 Dogecoin price prediction 2025 In 2025, DOGE could maintain a trading range of $0.11960 to $0.393635, with an average price of $0.328029. DOGE price prediction Minimum price Average price Maximum price DOGE price prediction 2025 $0.11960 $0.328029 $0.393635 Dogecoin price predictions 2026 – 2031 Year Minimum price Average price Maximum price 2026 $0.481109 $0.546715 $0.612321 2027 $0.699795 $0.765401 $0.831007 2028 $0.918481 $0.984087 $1.05 2029 $1.14 $1.20 $1.27 2030 $1.36 $1.42 $1.49 2031 $1.57 $1.64 $1.71 Dogecoin price prediction 2026 Dogecoin’s forecast for 2026 presents an optimistic outlook for the coin. Traders can expect a maximum price of $0.612321, an average trading price of $0.546715, and a minimum price of $0.481109. Dogecoin price prediction 2027 In 2027, DOGE could reach a maximum price of $0.831007, an average trading price of $0.765401, and a minimum price of $0.699795, which is quite higher than the current Dogecoin price. Dogecoin price prediction 2028 According to the Dogecoin price forecast for 2028, traders can expect a maximum price of $1.05, an average trading price of $0.984087, and a minimum price of $0.918481. Dogecoin price prediction 2029 Dogecoin’s forecast for 2029 presents a positive outlook for the memecoin. The maximum expected price is $1.27, with an average trading price of $1.20. The predicted minimum price for Dogecoin is $1.14. Dogecoin price prediction 2030 According to the Dogecoin price forecast for 2030, traders and investors can anticipate a maximum market value of $1.49, a minimum price of $1.36, and an average trading price of $1.42. Dogecoin price prediction 2031 According to the Dogecoin price forecast for 2031, traders can expect minimum and maximum prices of $1.57 and $1.71, and an expected average DOGE price of $1.64. Dogecoin price prediction 2025-2031 Dogecoin market price prediction: Analysts’ DOGE price forecast Firm Name 2025 2026 DigitalCoinPrice $0.48 $0.56 CoinPedia $1.00 $1.25 Cryptopolitan’s Dogecoin (DOGE) price prediction Cryptopolitan’s Dogecoin price predictions for 2025 suggest a minimum of $0.11960, an average of $0.328, and a maximum of $0.3936. Our analysis shows that DOGE could cross $1.71 by 2031. Dogecoin historic price sentiment DOGE price history by Coingecko 2013 was the beginning of Dogecoin, and it surged to $0.0004 in the first days of trading. By March 2014, the coin attempted a breach of $0.001 but failed, closing the year at $0.0001. In the subsequent years, Dogecoin faced immense competition from new coins, including Stellar, Neo, and Monero, which dragged the coin’s price further down. According to the Dogecoin price history, it traded in a strict range of $0.002 to $0.0036 for most of 2019. In January 2021, DOGE saw significant gains, closing the month at $0.037. Subsequently, Dogecoin attained an ATH of $0.7376 on May 8, 2021, but lost 76% of its value, closing the year at $0.1703. In 2022, Dogecoin maintained an average market price of about $0.07. The coin began trading around $0.08 in 2023 and closed the year at $0.08955, as per crypto market records. In 2024, Dogecoin (DOGE) began consolidating around $0.08, surged above $0.2 during March’s bull run, fluctuated between $0.1011 and $0.1759 through mid-year, spiked to $0.4312 in November, and ended the year at $0.314. In January 2025, DOGE clocked the highest price of $0.41; however, after shedding 38% value, it stepped down to $0.258 in February. In March, DOGE’s value decreased further as it dipped to the $0.20 range, and April saw the lowest DOGE price of $0.142. However, in May, the meme coin recovered to the $0.249 mark, following some improvement. On July 20, 2025, Dogecoin peaked at $0.274, and at the start of August, DOGE is trending near $0.214.
BitcoinWorld Linea ETH Staking: Revolutionary Feature Arrives via Lido V3 Integration The world of decentralized finance (DeFi) is constantly evolving, and a significant new development is on the horizon for users of Linea, the innovative Ethereum Layer-2 network incubated by Consensys. Soon, you will be able to engage in Linea ETH staking directly through the network, leveraging the power of Lido v3 for enhanced capital efficiency. This integration promises to transform how users interact with their bridged ETH, opening up exciting new possibilities for passive income and liquidity. What is Linea ETH Staking and How Does It Work? Linea, a prominent Layer-2 solution built on Ethereum, is set to introduce a groundbreaking feature within a few months. This new functionality will enable ETH that users bridge to Linea to be automatically staked on the Ethereum mainnet. The mechanism utilizes Lido liquid staking , specifically through its v3 protocol. When you bridge your ETH to Linea, the network will facilitate its transfer to the Ethereum mainnet for staking. In return, you will receive stETH, Lido’s liquid staking token, on the Linea network. This means your staked ETH remains liquid, allowing you to use your stETH in other DeFi protocols on Linea while still earning staking rewards. This seamless process simplifies participation in Ethereum’s proof-of-stake consensus, making it more accessible for a wider range of users on the Consensys Linea network . Why is Liquid Staking on Linea a Game Changer for Users? The introduction of Linea ETH staking through Lido v3 offers several compelling advantages, particularly for those looking to maximize their digital assets. It addresses a key challenge in traditional staking: illiquidity. However, this new approach provides significant benefits. Enhanced Capital Efficiency: Your staked ETH remains liquid as stETH, allowing you to participate in other DeFi activities like lending, borrowing, or providing liquidity on Linea. Simplified User Experience: The automatic staking process removes much of the complexity typically associated with direct mainnet staking. Accessibility: By leveraging Linea’s Layer-2 architecture, users can potentially benefit from lower transaction fees compared to direct mainnet interactions, making staking more economical. This innovation significantly boosts the utility of ETH within the Linea ecosystem, paving the way for more dynamic DeFi opportunities . Consensys Linea Network: A Boost for DeFi Opportunities As an initiative from Consensys, a leading Ethereum software company, Linea brings significant credibility and technical prowess to the Layer-2 space. This upcoming staking feature is a testament to Linea’s commitment to enhancing user experience and expanding the utility of its network. Moreover, the integration with Lido v3, a well-established liquid staking provider, reinforces this commitment. This development is not just about staking; it is about creating a more vibrant and interconnected DeFi ecosystem. Users will gain more flexibility with their assets, which can drive further innovation and adoption within Linea’s decentralized applications. The ability to earn staking rewards while maintaining liquidity is a powerful incentive for both new and existing users to bridge their assets to the Consensys Linea network . Preparing for the Rollout: What Users Should Know About Linea ETH Staking While the official rollout is still a few months away, it is wise for interested users to prepare. Understanding the mechanics of liquid staking and the benefits of using an Ethereum Layer-2 for such operations will be crucial. Users should also stay informed about official announcements from Linea regarding the exact launch date and any specific requirements. Consider the following actionable insights: Security: Always ensure you are interacting with official Linea and Lido channels to avoid scams. Understanding stETH: Familiarize yourself with how stETH works and its potential peg fluctuations relative to ETH. Gas Fees: While Linea aims for lower fees, understand the costs associated with bridging ETH and interacting with DeFi protocols. This feature represents a significant step forward for Linea, enhancing its appeal as a robust platform for decentralized applications and financial services. Conclusion: A New Era for ETH Staking on Linea The upcoming launch of Linea ETH staking through Lido v3 marks a pivotal moment for the Linea network and the broader Ethereum ecosystem. By offering a seamless, efficient, and liquid staking solution, Linea is set to empower users with greater control and utility over their bridged ETH. This move underscores Linea’s position as an innovative Ethereum Layer-2 , committed to fostering a more accessible and capital-efficient DeFi landscape. As the rollout approaches, the crypto community eagerly anticipates the positive impact this revolutionary feature will have on user engagement and the overall growth of the Linea ecosystem. Frequently Asked Questions (FAQs) Q1: What is Linea? A1: Linea is an Ethereum Layer-2 network incubated by Consensys, designed to provide faster and cheaper transactions while maintaining the security of the Ethereum mainnet. Q2: How will Linea ETH staking work with Lido v3? A2: When you bridge ETH to Linea, the network will automatically facilitate its staking on the Ethereum mainnet via Lido v3, and you will receive stETH (Lido’s liquid staking token) on Linea. Q3: What are the main benefits of liquid staking on Linea? A3: The primary benefits include enhanced capital efficiency (your staked ETH remains liquid as stETH), a simplified user experience, and potentially lower transaction costs compared to direct mainnet staking. Q4: When can users expect this feature to be available? A4: Linea announced that this new feature is set to roll out within a few months. Q5: Is it safe to stake ETH through Linea and Lido? A5: While both Linea and Lido are established projects, all DeFi activities carry risks. Users should always perform due diligence, use official channels, and understand the smart contract risks involved. Q6: How does this impact DeFi opportunities on Linea? A6: This integration significantly expands DeFi opportunities by allowing users to utilize their stETH within Linea’s ecosystem for various protocols, boosting liquidity and capital utilization. If you found this article insightful, please consider sharing it with your network! Your support helps us bring more valuable insights to the crypto community. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum institutional adoption. This post Linea ETH Staking: Revolutionary Feature Arrives via Lido V3 Integration first appeared on BitcoinWorld and is written by Editorial Team
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US spot Ethereum ETFs faced a record $465.1 million outflow on August 4th. BlackRock's ETHA fund observed a significant withdrawal of $375 million. Continue Reading: Spot Ethereum ETF Exits Raise Eyebrows in Financial World The post Spot Ethereum ETF Exits Raise Eyebrows in Financial World appeared first on COINTURK NEWS .
Big bets on Ethereum - Are the numbers backing them up?