Ethereum now accounts for 61.4% of the global tokenized asset market. The network hosts $206.2 billion in tokenized assets, up more than 40% from the same period last year. Ethereum has tightened its grip on one of crypto’s most closely watched growth areas. New data shows the network now hosts 61.4% of all tokenized assets, […]
Bitfinex Bitcoin Longs Jump to Highest Level Since 2023, Reviving a Classic Warning Sign
Bitcoin longs on Bitfinex have climbed to around 79,343, the highest level since November 2023. Traders are watching the spike closely because similar surges have often shown up near local tops or ahead of pullbacks. Bitcoin traders have another sentiment signal to chew over, and it is not exactly quiet. Long positions on Bitfinex have […]
Analyst warns Ethereum could slip to $1.2K next
Ethereum’s Ether (ETH) could slip toward the $1,200 region in the coming weeks, as a fractal-driven setup highlighted by trader Leshka.eth points to a potential deeper pullback if key support gives way. The analyst emphasizes a daily Supertrend pattern that has preceded outsized declines when bearish flips have failed to hold. Historically, the pat
Aave Joins OKX’s Ethereum L2 X Layer, Broadening DeFi Reach
OKX’s Ethereum layer-2 network, X Layer, has welcomed Aave to its DeFi roster, marking the 21st chain integration for the largest decentralized lending protocol by cumulative lending volume. Aave’s milestone of surpassing $1 trillion in cumulative lending volume was reached in late February, a development widely noted in market coverage. On X Layer
Lido DAO Plans $20M LDO Buyback to Stabilize After Historic Decline
Lido DAO’s decentralized autonomous organization is weighing a one-off $20 million buyback of its governance token, LDO, in a bid to address a pronounced price dislocation relative to Ether. The plan would swap 10,000 stETH tokens from the treasury for LDO, with proponents arguing that the governance token is undervalued given the protocol’s fundam
Lido DAO proposes $20M LDO buyback to reverse historic price fall
The LDO token is down 95.9% from its all-time high, with a $255 million market cap, even as Lido’s staking protocol still accounts for the largest share of staked Ether at 23.2%.
Bitcoin Spot ETFs Break 4-Week Positive Streak With $296M Outflow
Bitcoin price struggles over the last week were also in its ETF market, as the Bitcoin spot ETFs posted their first net outflows in a month. Before this trading session, these investment funds had experienced a 4-week bullish streak, resulting in a combined net inflow of $2.21 billion. Bitcoin ETFs See Red Again, While Potential […]
Ethereum Flippening Odds Rise as Bitcoin Stays Out
Ethereum’s effort to reclaim the market’s No. 2 spot is facing a different obstacle this year: a booming stablecoin economy. While Bitcoin remains the dominant benchmark, the faster-growing sector of dollar-denominated crypto assets is reshaping how capital flows through the space, with USDT leading the charge and pulling liquidity away from ETH at
Ripple CEO Says XRP Utility Is Company’s ‘North Star’, Acquisitions Overperforming
Ripple CEO Brad Garlinghouse laid out a sweeping vision for the company’s future during a Fox Business interview at a conference in Miami, touching on acquisition performance, the role of XRP as a ‘North Star’ within the company, the opportunity for stablecoins, and the regulatory path forward for the crypto industry in the United States. […
Ethereum Teams Propose ‘Economic Zone’ to Unify Layer-2 Ecosystems
A new collaborative framework proposed by developers from Gnosis and Zisk, with support from the Ethereum Foundation, aims to knit Ethereum’s sprawling layer-2 ecosystem into a more cohesive execution fabric. The initiative, dubbed the Ethereum Economic Zone (EEZ), envisions cross-rollup interactions that would allow smart contracts on different ro