DeFi

Ethena’s Deployed Capital Slumps as Demand for Leverage Dries Up

An analysis from WuBlockchain shows basis trade capital at record lows as hedging crowds out leveraged longs, pushing derivatives markets toward an unusual equilibrium.The...

Bitcoin Holds Above $70,000 as U.S. Inflation Remains Subdued

ETH and SOL gained 1% while XRP is flat on the day.Crypto markets extended their gains on Wednesday after the Bureau of Labor Statistics...

BTC manages quick gain as oil drops $3 per barrel

After retreating back to the $69,000 area during early U.S. morning hours Wednesday, bitcoin BTC$69,813.63 has quickly spiked to nearly $71,000.Other crypto assets, including...

ECB unveils tokenized finance roadmap as Europe pushes to reduce reliance on foreign infrastructure

The European Central Bank on Wednesday unveiled the timeline for the eurozone's initiative to shape the development of a tokenized wholesale financial ecosystem based...

Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief

Stablecoin users won't benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal...

Ripple share buyback program values the firm at $50 billion

Ripple, the blockchain company closely associated with the XRP Ledger (XRP) network, has begun a share buyback that values the company at about $50...

Foundry to Launch Institutional Zcash Mining Pool

The world's top Bitcoin mining pool operator expands into privacy coins as ZEC surges 600% year-over-year.Foundry Digital, the Digital Currency Group (DCG) subsidiary behind...

Bloomberg strategist doubles down on $10,000 bitcoin call but peers say its ‘silly’

Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall...

Banking giant Wells Fargo (WFC) readies deeper move into digital assets

Wells Fargo (WFC), one of the largest U.S. banks overseeing $1.7 trillion in assets, has filed a trademark application for a new digital asset-focused...

Aave-Linked Capo Oracle Glitch Triggered $27 Million in Liquidations

A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether...

Popular

Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

The U.S.-listed spot bitcoin BTC$65,269.91 exchange-traded funds (ETFs) have...

Prices retake $65,000 as oil slides, ETH outperforms

Risk-on peace trades are back in vogue after the...

Bitcoin (BTC) is the canary in the coal mine for the quantum computing threat

Quantum computing is a risk factor for every encrypted...

Ether leads crypto higher as bitcoin trades around $65,500

Bitcoin is likely to stay range-bound, said Jeff Ko,...

South Korea trade giant POSCO puts receivables onchain in tokenization test with LG

POSCO International, South Korea's largest trading company, has begun...