Bitcoin DeFi Could ‘Unlock Billions in BTC Liquidity’: Binance Report
With DeFi apps, Bitcoin holders have had expanding opportunities to use Bitcoin, including as collateral for financing and lending the asset out for yield.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
River reports 81% of Bitcoin supply inactive for six months as holders tighten their grip
Bitcoin's high dormancy rate suggests reduced market liquidity, potentially leading to increased price volatility and speculative...
Iran’s crypto mining consumes 14% of the country’s electricity deficit, parliamentary report finds
Iran's crypto mining exacerbates energy shortages, impacting citizens' access to essential services and highlighting resource allo...
EU faces September 30 clock to decide future of DeFi loans
The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers...
Solana Foundation Hires Former Binance CMO For Institutional Push
The Solana Foundation has appointed former Binance global CMO Rachel Conlan as chief strategy officer. Former Polygon Labs executi...
Visa cuts reported stablecoin volume but there’s no proof payments fell
Visa’s September 18 data refresh lowered its adjusted stablecoin volume measure, while its adjusted transaction count fell by less...
Ethereum is not instant, but collateral could make it feel that way
When a payment app tells you a transfer is complete, you start making decisions. You hand over whatever you've sold, spend the mon...