For an entire week, Ethereum spot ETFs have attracted more money than Bitcoin ETFs, marking a clear shift in how investors are allocating funds. Summary Ethereum ETFs attracted $1.83 billion from August 21 to 27, significantly surpassing Bitcoin ETFs, which brought in $171 million during the same period. Over the past month, Ethereum ETFs have…
Arthur Hayes believes decentralized finance tokens ETHFI and ENA could deliver 30–50× returns as stablecoins expand into a multi-trillion-dollar market. Summary Arthur Hayes predicts stablecoins could grow into a $10 trillion market by 2028. He sees ETHFI surging 34× and ENA 51×, calling them key tokens in capturing stablecoin-driven liquidity. Hayes argues that stablecoins will outpace Bitcoin and Ethereum…
Aave Labs has launched Horizon, a new lending platform for institutions to borrow stablecoins against real-world assets. Summary Aave Labs has launched Horizon, a lending market that allows institutions to borrow stablecoins against tokenized real-world assets. At launch, Horizon supports collateral from Superstate, Circle, and Centrifuge, with stablecoin supply in USDC, RLUSD, and GHO. The platform…
Gondor, a DeFi startup backed by Maven11 Capital and others, has completed an angel round to launch a lending protocol that lets traders borrow against their Polymarket positions. Summary Gondor is building a “DeFi layer for prediction markets,” starting with a borrowing protocol for Polymarket users. The platform enables trading on real-world events, but traders’…
Polymarket has onboarded a Trump family member as advisor after receiving a strategic investment from an affiliated firm. Summary Polymarket has appointed Donald Trump Jr. to its advisory board following a strategic investment from 1789 Capital, where he is a partner. The platform exited the U.S. market in 2022 after the Commodity Futures Trading Commission…
The U.S. may soon start publishing key economic data on the blockchain, according to Department of Commerce Secretary Howard Lutnick. Summary U.S. Department of Commerce Secretary Howard Lutnick has confirmed plans to publish key economic data on the blockchain. No timeline for implementation has been disclosed. As he was addressing US President Donald Trump and…
Hyperliquid’s native token HYPE surged to a new all-time high, fueled by record trading volumes and growing dominance in both spot and derivatives markets. Summary Hyperliquid price hit an all-time high of $50.99 on Aug. 27, supported by record trading activity. The DEX continues to strengthen its position in both spot and derivatives markets. Growing…
BitGo has announced support for HyperEVM, bringing secure access and custody for institutional users in the Hyperliquid ecosystem. Summary BitGo has expanded its custody solution to institutions participating in Hyperliquid’s HyperEVM. The platform now supports HYPE custody, self-custody and governance. BitGo said in an update that its custody solution was now live for Hyperliquid (HYPE),…
Hyperliquid price is holding firm at $45 despite a modest dip, with record trading volumes suggesting its market momentum may only be getting started. Summary Hyperliquid trades steadily at $45 while weekly gains remain intact. Spot and derivatives volumes surge, with BTC and ETH pairs driving activity. Technicals show consolidation, with a potential breakout forming…
The Gemini app that offers crypto investor access to the cryptocurrency exchange has shot past one of its key competitors, Coinbase, in terms of appstore rankings right after the former launched a credit card in partnership with Ripple Labs and Mastercard. Summary Gemini app climbed to 11th in U.S. finance app rankings, overtaking Coinbase at…
