DeFi lending TVL surged past $50B (approaching $60B), up 60% in a year, driven by institutionalization. ‘DeFi mullet’ trend sees apps embed DeFi for yield/loans (e.g., Coinbase-Morpho originated $300M loans). Tokenized Real-World Assets (RWAs) like US Treasuries are increasingly used as collateral and yield sources in DeFi. A significant, albeit understated, transformation is reshaping the…
Ethereum price started a fresh decline below the $2,620 zone. ETH is now consolidating losses and remains at risk of more losses below $2,500. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,540 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $2,480…
A few altcoins have diverged from the market with sharp rallies. Here’s whether they can sustain the momentum, according to social media data. Social Media Has Started Paying Attention To These Altcoins In a new insight post, the analytics firm Santiment has talked about some altcoins that have recently diverged from the rest of the…
Bitcoin price started a fresh decline below the $106,200 zone. BTC is now consolidating and facing resistance near the $105,500 zone. Bitcoin started a fresh decline below the $106,000 zone. The price is trading below $106,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $105,200…
Bitcoin (BTC) has seen a moderate price correction since June 11, falling from around $111,000 to just above $104,000 at the time of writing. While rising geopolitical tensions in the Middle East may be weighing on the asset, several analysts maintain that BTC’s long-term bullish trajectory remains intact. Bitcoin To Top At $205,000? In a…
A Kansas banker who looted millions from his small-town bank in 2023, which triggered its collapse, lost much of the money to overseas crypto scammers targeted in a record-breaking DOJ bust, according to a complaint filed Wednesday. Prosecutors have filed a civil forfeiture action targeting over $225 million in laundered USDT, part of a butchering…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. South Korea has long been known for its outsized influence on…
Dogecoin’s price is back at a crucial line. It’s testing the $0.168 area for a second time since mid‑April. A clear break could send the meme coin spinning lower. Bulls and bears are watching every tick. Key Support Under Scrutiny According to crypto expert Ali Charts, Dogecoin fell roughly 30% from its mid‑May high. That…
Bitcoin is navigating a highly volatile environment, as escalating Middle East conflicts and intensifying macroeconomic risks dominate global headlines. Despite mounting uncertainty, BTC continues to hold firm above the $104K level, signaling strong buyer interest at key support zones. Bulls remain in control for now, but hawkish macro conditions—such as elevated US Treasury yields, persistent…
The XRP Ledger (XRPL) is witnessing increased network activity, which is bullish for its native token’s price. On-chain data also shows that whales are actively accumulating XRP, with the addresses holding one million coins recently reaching a new high. XRP Ledger Records Massive Growth In Past Week In an X post, on-chain analytics platform Santiment…
