USDe’s market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether’s USDT and Circle’s USDC
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
Friedrich Merz’s CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote.
Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.
SOL put options accounted for most of the block trades that crossed the tape on Deribit last week.
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
Call for “roll back” by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn’t happen.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
The survey found that investors entered the cryptocurrency space looking for significant returns and financial freedom.
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.