There’s been a change of guard at the rankings of the $3.4 billion tokenized Treasuries market. Asset manager Hashnote’s USYC token zoomed over $1.2 billion in market capitalization, growing five-fold in size over the past three months, rwa.xyz data shows. It has toppled the $450 million BUIDL, issued by asset management behemoth BlackRock and tokenization firm Securitize, which was the largest product by size since April. Market cap of Hashnote’s USYC and BUIDL over time (rwa.xyz) USYC is the token representation of the Hashnote International Short Duration Yield Fund, which,…
Tag: DeFi
2025: Crypto’s Next Boom – 3 Key Predictions (DeFi, Stablecoins, Retail)
No one can argue with 2024 being a breakthrough year for crypto. BTC and ETH ETFs launched, BlackRock spearheaded bitcoin adoption, a pro-crypto president was elected and BTC broke the 15-year all-time-high, to name a few. But the inflection point for crypto still awaits. Here are three predictions for 2025 that can help spark it: You’re reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday. 1. DeFi is about to skyrocket…
AAVE Dominates DeFi Lending – Metrics Reveal 45% Market Share
Este artículo también está disponible en español. Aave (AAVE), the leading decentralized finance (DeFi) lending protocol, has captured the spotlight with an extraordinary surge of over 200% since November 5. Outperforming the broader market, AAVE has reached its highest levels since 2021, marking a remarkable recovery and reaffirming its dominance in the DeFi ecosystem. Related Reading Key metrics from IntoTheBlock underscore AAVE’s unmatched position in the lending sector. With an impressive 45% market share, it remains the top choice for users seeking decentralized borrowing and lending solutions. With AAVE trading…
ETFs now hold more Bitcoin Than Satoshi, this could be a bullish sign for this new DeFi coin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. U.S. spot ETFs now hold 1.1M+ BTC, surpassing Satoshi’s stash, fueling bullish momentum for the altcoin Cutoshi U.S. spot ETFs have accumulated over 1.1 million Bitcoin and now officially own more BTC than the anonymous founder Satoshi Nakamoto. The ETF firms have achieved this milestone within a year of their inception. This has proven to be a bullish sign for the new altcoin Cutoshi (CUTO), which follows Satoshi’s vision…
Ethereum Fees Hit Nine-Month High Amidst Strong DeFi Activity
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Stacks to Launch SBTC in Boost to Bitcoin Defi Ecosystem
Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently teased the impending launch of SBTC, a 1:1 bitcoin-backed asset designed to bridge bitcoin with decentralized finance (defi) and Web3. This was stated in an […] Original
DTX Exchange approaches 250,000 users after SOL traders join the DeFi project
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The rejection of Solana ETF has led the SOL community to take a major shift to the next major DeFi project DTX Exchange after a $9.6m presale. The DeFi market is ready to witness a historic revolution as Bitcoin has hit new success levels after the $100k milestone and institutional adoption. After Trump picks the next crypto-friendly SEC Chair, the decentralized economy will take a major turn with new…
XRP’s $149B Power Play: Tokenization, Defi, and a Regulated Stablecoin
XRP, with a market cap of $149 billion, isn’t just a heavyweight in cryptocurrency—its distributed ledger network has been diving headfirst into tokenization and decentralized finance (defi). Meanwhile, Ripple is turning heads with the forthcoming launch of its much-anticipated stablecoin, ripple usd (RLUSD). A Focus on RLUSD and Defi Marks Strategic Shift for XRP Ledger […] Source CryptoX Portal
Can XLM price hit $1 as DeFi TVL and open interest soars?
Stellar price went parabolic on Friday, Nov. 29, as its DeFi ecosystem boomed and its futures open interest reached a record high. Stellar Lumens (XLM) surged to an intraday high of $0.5510, marking its highest level since Monday. This represents a 27% increase from its weekly low, bringing its market cap to over $16 billion. Stellar’s rally mirrored that of Ripple (XRP), which jumped by over 20% as its demand jumped. The two coins have a close correlation because of their role in the cross-border payment industry. Its most recent…
Trump’s pro-crypto leadership could fuel ‘defi renaissance’ in US, analysts say
As Trump’s crypto-positive cabinet takes shape, the U.S. might be on track for a potential revolution in the decentralized finance space, analysts at Matrixport anticipate. Donald Trump‘s prospective nominees for the U.S. Treasury, Commerce, and potentially the Securities and Exchange Commission are viewed as crypto-friendly leaders who, if appointed, could transform financial policy and align the country more closely with the rapidly evolving crypto sector, according to analysts at Matrixport. In a recent analytical report, the analysts expressed a belief that the narrative of 2024 — Bitcoin (BTC) as digital…