Aster slid 16% intraday after DeFiLlama delisted its perpetual futures data over suspicious trading patterns, sparking a sell-off amid rising market activity and trader caution. Summary Aster price dropped more than 10% to $1.92 after DeFiLlama delisted its perpetual data. Derivatives volume rose 1.85% to $4.83B, while open interest held at $1.45B. RSI near 47…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 has had its booms. DeFi summer pulled billions into new protocols. NFTs turned avatars and collectibles into cultural phenomena. Millions opened wallets, experimented with dapps, and speculated on a future built…
Sid Powell, CEO of Maple Finance, says that Bitcoin lending will reach $200 billion, and that BTC is this generation’s wealth engine. Summary Maple Finance CEO Sid Powell believes that Bitcoin lending will 10x in three years Rate cuts are making DeFi more attractive for investors Bitcoin is this generation’s wealth engine, like housing was…
OpenLedger will be launching a token buyback program for its native coin OPEN. The project will be using corporate income to repurchase its tokens and reinforce liquidity. Summary The OpenLedger Foundation announced a buyback program for its OPEN token, funded by its enterprise revenue to boost liquidity. After the news broke, OPEN surged from $0.47…
Bitcoin ETFs are back in the green as price surges back to $120,000, signaling renewed institutional confidence amid hopes of further upside in Uptober. Summary Bitcoin ETFs have logged four consecutive days of inflows totaling $2.25 billion. BlackRock’s IBIT leads the latest trading session with $466.55M in inflow, followed by Fidelity and ARK & 21Shares….
Cronos will collaborate with Crypto.com and onchain lending platform Morpho to expand decentralized finance and asset tokenization on the Cronos blockchain. Summary Cronos, Morpho and Crypto.com plan to collaborate on an initiative aimed at bolstering DeFi on the Cronos chain. The partnership will also explore tokenization. Native Cronos token CRO rose amid the news, initially…
Coinbase’s head of investment research, David Duong, said crypto treasuries may soon turn to mergers and acquisitions to grow and stand out in a competitive market. Summary Mergers and acquisitions are emerging as a key strategy for firms with crypto treasuries that seek scale and differentiation. Share buybacks can support DAT prices but are highly…
The Coinbase app is set to integrate 1inch’s Swap API to enhance non-custodial token swaps within the platform’s decentralized exchange feature. Summary Coinbase will integrate 1inch’s Swap API to enhance token swaps directly on its decentralized exchange feature. The integration marks Coinbase as 1inch’s largest U.S. client to date. “Our integration with 1inch is a…
Pendle Finance is integrating with Plasma’s digital bank to bring its DeFi yield products to global users, including the unbanked, unlocking new opportunities for earning on stablecoins. Summary Five yield markets will launch on Plasma, with APYs ranging from 12.67% (USDe) to 649% (sUSDai). $900,000 in weekly XPL token incentives will support Yield Token holders…
Despite big investments and clear demand for yield, most Bitcoin holders have never tried BTCFi because the platforms feel complex and unfamiliar. Without simpler products and better communication, BTCFi could stay a niche space for insiders rather than reach mainstream adoption. Summary Most Bitcoin holders still haven’t touched BTCFi, even though investors are pouring money…
