Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
BNB Chain surpasses Solana in DeFi TVL as race for second place tightens
The tight race for DeFi TVL highlights a fragmented landscape, emphasizing the volatility and competitive dynamics among blockchai...
Fed data shows hedge funds added $400 billion before Bitcoin’s September rate test
Newly released Federal Reserve data show domestic hedge funds expanded their gross balance sheets during the second quarter, month...
BlackRock’s staking Ethereum ETF pays yield but investors still prefer its $9 billion ETHA fund
Staking was supposed to strengthen Ethereum exchange-traded funds (ETFs), but BlackRock’s early results show investors still favor...
XStocks surpasses $1B in DEX trading volume as SPYx drives tokenized equity boom on Solana
The rise of tokenized equities on Solana signals a shift towards decentralized finance, challenging traditional exchanges and broa...
USDC surpasses $100T in all-time on-chain transaction volume
USDC's milestone highlights its pivotal role in DeFi, but Circle's revenue reliance on interest rates poses financial stability ri...
Kraken Lets Users Earn DeFi Yield on Nvidia and ETF xStocks
Kraken has launched on-chain yield vaults for three tokenised securities, enabling qualified clients to earn variable rewards from...