Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
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Shiba Inu Joins CDSA to Battle AI-Driven Concerns Using Shibarium
Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.
Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving
“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk.
Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.
Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K
Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.
Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.
Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.
Dogwifhat Becomes Third-Largest Meme Coin as Bitcoin Clings to $70K
WIF touched the $4 mark early Friday before retreating as the meme coin sector showed the most volatility in a little-changed market.
Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021
DOGE prices tend to move on speculation about the token’s use on X, the Elon Musk-owned social media giant.