41m ago
AAVE rises over 15% as fees hit $40.69M and USDT deposits near $3B
Aave's AAVE climbed more than 15% in the last 24 hours at press time, pushing above a multi-week resistance level. Over the past 30 days, the protocol accounted for over 50% of decentralized lending fees, totaling $40.69 million, while USDT deposits on its Ethereum Core market moved closer to $3 billion. The breakout has shifted focus to whether buyers can hold former resistance as support and maintain momentum.
41m ago
41m ago
Ex-Fidelity Executive: Kospi's 10% plunge pushed Bitcoin under $60,000
Former Fidelity executive and Tx co-founder Mike McCluskey said Bitcoin's drop to $59,018 followed a spillover from South Korea's Kospi sell-off on Tuesday, June 23, rather than crypto-specific issues. He tied the move to a broader semiconductor-led risk-off shift that also pressured tech names such as Nvidia and Micron, alongside $700 million in long liquidations and later $1 billion in total liquidations by Thursday morning. McCluskey added that Bitcoin sitting near its 200-week moving average and the $60,000 level into Friday expiry could act as key support or become a downside trigger.
41m ago
1h ago
Bitcoin slides below $60,000 on June 25 as ETF outflows and $1.48B liquidations deepen crypto selloff
Bitcoin slipped below the $60,000 mark on June 25 as spot ETF outflows and leveraged liquidations added to selling pressure across crypto markets. BTC fell to around $59,400 after briefly hitting an intraday low near $58,000, dragging major tokens including Ethereum, Solana, XRP and BNB lower. More than $1.48 billion in crypto positions were liquidated over the past 24 hours, underscoring the scale of the move.
BTC
BTC-0.97%
1h ago