AAVE Crashes 7.8% Dragging CoinDesk 20 Index
The CoinDesk 20 Index is at 3051.08, down 2.6% since Thursday; AAVE falls 7.8%, UNI drops 5.5%, while DOT and APT gain slightly. #Update #Crypto $AAVE $DOT $APT
DeFi
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Bitcoin Declines Amid US Liquidity Stress
CryptoQuant attributes Bitcoin’s decline to US liquidity stress and profit-taking by long-term holders, with aggressive selling during US trading hours. #Update #Crypto $BTC
Aave Launches Zero-Fee Stablecoin Ramps in Europe
Aave Labs received MiCA authorization from the Central Bank of Ireland, enabling its Push service to offer zero-fee fiat-to-crypto conversions for stablecoins like $GHO across the EEA. #Update #Crypto $GHO
Bitcoin Liquidity Expands to Hedera DeFi
Wrapped Bitcoin’s integration into Hedera enhances tokenized $BTC liquidity and boosts the decentralized finance ecosystem. #Update #Crypto $HBAR
Bitcoin Funnels $500B into DeFi Bridge
@Threshold has upgraded its tBTC bridge, allowing institutions to mint tBTC directly with no gas fees, potentially unlocking $500M in Bitcoin for DeFi. #Update #Crypto $BTC
Bitcoin Liquidity Expands to Hedera DeFi
Wrapped Bitcoin ($WBTC) has expanded to the Hedera network, enhancing Bitcoin liquidity and supporting its decentralized finance ecosystem. #Update #Crypto $BTC
Crypto Yield Gap Narrows as Staking Surges
Cryptocurrency yield products lag behind traditional finance, with only 8-11% offering passive income. However, liquid staking tokens and real-world assets are rapidly closing the gap. $ETH and $SOL LSTs show significant growth. #Update #Crypto $ETH $SOL
Uniswap Buybacks Centralize DeFi Power Shift
@Uniswap and @LidoFinance propose token buyback mechanisms to enhance revenue capture, with Uniswap aiming to retire up to 100 million UNI and Lido targeting $10 million in annual LDO repurchases. #Update #DeFi $UNI $LDO
Cardano DeFi TVL Hits 3-Year High
Cardano ($ADA) sees a 28.7% rise in DeFi TVL, reaching 3-year highs, as whales accumulate 348M tokens worth $204M amid market volatility. #Update #Crypto $ADA
Uniswap Proposal Burns UNI Token Jumps 50%
Uniswap founder Hayden Adams proposes governance changes to activate protocol fees, boosting $UNI price by 50% amid market optimism. #Update #Crypto $UNI
Uniswap Price Surges Amid Supply Shock
Uniswap Labs founder Hayden Adams proposes governance changes to activate protocol fees and burn tokens, potentially causing a supply shock. UNI spikes 30%. #Update #Crypto
DeFi Surges: Lighter’s $68M Fundraise Ignites
Vladimir Novakovski’s @Lighter blockchain startup raises $68M led by Founders Fund and Ribbit Capital, marking a reverse pivot from AI to crypto. #Update #DeFi
Uniswap Launches UNIfication Governance Overhaul
@Uniswap Labs and the Uniswap Foundation propose UNIfication to reform governance, implement token burns, and unify teams. Aiming for a 100M UNI burn, the plan seeks long-term growth. #Update #Crypto $UNI
Uniswap Token Surges on Fee Proposal
Uniswap proposes activating protocol fees and a 100 million UNI token burn, boosting UNI’s price by 83% this week. #Update #Crypto