DeFi resurgence driven by Fed cuts, China, key protocols
An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure.
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An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure.
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.
Bitcoin’s rally to $64,000 increased traders’ interest in altcoins like AVAX, SUI, TAO and AAVE.
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
Fickel is one of the world’s wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.
Donald Trump said in a video posted to X that his World Liberty Financial crypto project would launch Sept. 16.
The plan would create markets for DAI-replacement USDS on Aave.
Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE.
SOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally.
