Profitable SYRUP holders are adding fear to the market.
AMB Crypto 2025-06-29 11:00
Lido, Ethereum’s largest liquid staking protocol, is making a major overhaul to its governance structure. Lido DAO members have largely unanimously approved a two-way governance system that gives stakers (stETH holders) the power to delay or veto governance proposals. The new system brings a balance to the current governance model, where only Lido token holders (LDO) can submit proposals and participate in voting. The aim is to prevent LDO holders from approving a proposal that would negatively impact Lido’s stakers or the Ethereum ecosystem. According to the new structure, stakers, namely stETH token holders, will be able to register their objections to a governance proposal by depositing their stETH assets into a special “escrow contract.” If 1% of the total staked ETH is deposited into this contract, the relevant proposal will be postponed for 5 days in the first stage. As this rate increases, the postponement period will also be extended. If a 10% threshold is exceeded, the offer will be completely “frozen” and the protocol will enter “Rage-Quit” mode. In this case, either the dissenting stakers will withdraw all their assets, or Lido DAO will completely cancel the relevant offer. During this period, no new offers will be implemented. Related News: On-Chain Data Is Surprising: Transaction Volume on a Major Altcoin Has Tripled in the Last Three Months The main phase of the vote was completed with 53.6 million LDOs casting a “Yes” vote, just above the quorum of 50 million LDOs. Only a single person cast a “No” vote of 1.18 LDOs. These results indicate a similar turnout to previous Lido DAO votes. In the remaining “objection” phase of the voting process, only LDO holders have the right to vote “No” or change their current vote from “Yes” to “No.” Unless there is a large-scale organized counter-campaign at this stage, the proposal is expected to be finalized on June 30 at 17:00 (GMT+3). Ethereum co-founder Vitalik Buterin made a statement supporting two-way governance. Buterin emphasized that this structure creates an independent security layer “especially against malicious actions” and allows Ethereum stakers to position themselves as true rights holders in the Lido ecosystem. The Lido team described the change as “one of the most significant protocol upgrades in the entire Lido ecosystem.” *This is not investment advice. Continue Reading: A Major Update and Change Has Arrived for an Important Altcoin – Vitalik Buterin Also Made a Statement
BitcoinSistemi 2025-06-29 10:32
AI Companions defies the bearish AI market with an 8% surge as bullish momentum and a $0.19 liquidity target hint at a potential breakout.
AMB Crypto 2025-06-29 10:00
Ethereum’s building private, ZK-based IDs. But is tying one ID to one person too risky?
AMB Crypto 2025-06-29 08:30
The crypto market was mixed last week, with Bitcoin remaining stuck at the resistance level at $107,000 and most altcoins plunging. Liquidations soared in the first few days of the year, while the market cap of all coins fell to $3.29 trillion. Here are the top catalysts for Bitcoin and altcoins this week. US nonfarm payrolls data The first main catalyst for Bitcoin and altcoins will be the US nonfarm payrolls (NFP) data, which will come out on Friday. Economists expect these numbers to show that NFPs fell from 139,000 to 129,000 in June as companies remained concerned about Donald Trump’s tariffs. The unemployment rate is expected to remain at 4.2%, while wage growth continued ts upward momentum. Strong jobs numbers will signal that companies are continuing hiring despite the burden presented by Trump’s tariffs. If the jobs numbers miss expectations, they will put more pressure on the Fed to slash interest rates during the month. ADP will publish its estimate of private payrolls data on Wednesday, while the Bureau of Labor Statistics (BLS) will release the latest job vacancies data. The other top macro events will be the upcoming ISM and S&P Global manufacturing and services PMI numbers. These are important leading indicators that provide more information about the state of the economy. OPEC+ meeting The other potential catalyst for Bitcoin and altcoin prices will be the upcoming OPEC+ meeting this week. This is a closely-watched monthly meeting where members deliberate on oil output or an increase. The cartel has been increasing output over the past few months, and this trend is expected to continue this week. Analysts expect the increase to come in at 411,000 barrels per day in August. The increase is being driven by the cartel’s goal of gaining market share in the oil market. It is also happening as some cartel members boost their overproduction. Iran is expected to boost more production after the recent war ended. OPEC+ meeting impacts Bitcoin and altcoin prices because of its impact on crude oil prices. Higher oil prices lead to inflation, which may push the Fed to maintain high interest rates for longer. Lower oil prices often contribute to low inflation, which may catalyze interest rate cuts, boosting crypto prices. Brent and WTI prices have dropped in the past few days as the crisis in the Middle East ended. The tariff deadline is nearing The next catalyst for Bitcoin and altcoin prices will be the upcoming July 7 tariff deadline by the United States. With the deadline nearing, traders will watch out on whether Trump will reach deals with some key markets like Japan, South Korea, and the European Union. A tariff deal, such as the one the US reached with China, will be bullish for the crypto market because it will trigger a risk-on sentiment among market participants. Trump has already reached a deal with China and the UK, and more countries are expected to sign agreements. Top token unlocks this week Some crypto prices will be impacted by token unlocks this week. A token unlock occurs when new tokens are released to the market according to the vesting schedule. A token unlock often leads to higher supply in the crypto market, which may lead to lower prices. Some of the top token unlocks scheduled for this week are Origin Protocol, Maverick Protocol, Adventure Gold, Gravity, NAVI Protocol, and Alchemy Pay. Further crypto prices may react to the start of July, which is historically a bullish one for them. The average monthly return in July on Bitcoin is 7%, higher than June’s minus 2%. Finally, traders will focus on the surging Bitcoin and Ethereum ETF inflows. The post Top catalysts for Bitcoin and altcoins this week appeared first on Invezz
Invezz 2025-06-29 07:39
Jupiter is now on the verge of breaking out of another bullish pattern.
AMB Crypto 2025-06-29 07:00
