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A significant boost for the decentralized finance lending landscape has just occurred with Ethena Protocol’s Principal Tokens rapidly emerging as a powerhouse on Aave. Just one month after their integration, the total collateralized supply of Ethena PTs on Aave has exceeded $1 billion. Aave is adding three new collateral types today—July USDe PT, August eUSDe PT, and eUSDe from etherealdex—to...
The cryptocurrency community saw a momentous event unfold in Las Vegas, with the Bitcoin 2025 conference opening to an eager audience. The first day of the gathering was highlighted by a dazzling array of speakers, but even more so by the kind of news that could be taken as signals of a rapidly maturing Bitcoin ecosystem. Political figures ranging from a former presidential candidate to a...
The path taken by Bitcoin’s price is an always-hot topic among investors, analysts, and crypto enthusiasts. A new deep dive analysis looking at the intersection of six key market indicators concludes that Bitcoin ($BTC) has a very decent shot at rallying hard and fast before the year is out, with its price potentially blasting off to between $210,000 and $230,000. While none of the indicators...
The digital asset sphere is experiencing steady growth with the influx of new entrants and inventive remedies intended to reconcile traditional finance and cryptocurrency. A recent development in this arena is Bitget’s listing of USD1, a stablecoin backed by fiat and pegged directly to the U.S. dollar. This move, for both Bitget and the ecosystem of USD1—whose momentum continues to build and...
For the last fortnight, the timeboost auctions on Arbitrum have settled into a steady rhythm, generating revenue of about $40,000 every day. This is a significant change from earlier in the year when we saw more volatility in the daily auction revenues, with some days generating quite a bit more and some days generating less. Auctions for timeboosts, which allow users to pay for priority access...
In the usual state of the market, token unlocks—where tokens that were previously vested or locked are released into circulation—are tied to concerns about sell pressure and dilution. But the current bull market seems to be rewriting that narrative. We are in the midst of a fresh wave of token unlocks across various crypto projects. And instead of causing the market to dip, these unlocks seem to...
The AI agent market has commenced the midweek with remarkable vitality, registering a robust gain in both mainstream and small-cap initiatives. For the past 24 hours, the entire market cap of the AI agent sector blossomed by 3.28 percent to reach a heady 11.68 billion dollars. Most of this growth stemmed from the almost ludicrous performance of the Virtuals ecosystem, which keeps elbowing its way...
In a major occurrence for those observing the Bitcoin market, the movement of BTC by long-term holders has surged once more, signifying a possible change in investor sentiment or strategy. Data reveals that holders of Bitcoin who have kept their coins for a period of 1 to 5 years expended a sum of $4.02 billion worth of BTC in the last few days—the highest recorded since February 2025. This new...
In a shocking turn of events that has pulled in no small amount of attention from the crypto trading scene, WalletConnect’s native token, WCT, has blasted 20.91% higher in the past 24 hours, vaulting it up to a price of $0.93. This stellar gain makes WCT the top-performing token in the entire cryptocurrency market today. The sudden, significant price change is matched by a large-scale transaction...
The DeFi giant AAVE is once more in the limelight as major crypto investors—commonly called whales—step up their accumulation of the protocol’s native token. In just the last four days, institutional players acting through Wintermute’s OTC desk have plowed another $10 million into AAVE, adding to an already large position that has grown steadily over the past year. The recent batch of buying has...