Mantle Secures $2.5B MNT Token Transfers With Chainlink CCIP Migration

DeFi's resilience amid Bitcoin's decline signals a market shift towards revenue-generating protocols, attracting institutional interest and redefining risk. The post Bitwise reports DeFi tokens outperform Bitcoin amid quiet re-rating appeared first on Crypto Briefing.

The post DeFi Holding up Unusually Well in Down Market: Bitwise appeared on BitcoinEthereumNews.com. Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise. Bitcoin (BTC) fell about 22% in June, while Bitwise’s index tracking tokens from major DeFi protocols fell only 4% over the same period, Bitwise said in a report Thursday. “DeFi usually swings much harder than Bitcoin, so holding up this well is unusual, and almost no one is talking about it,” it said.  DeFi tokens have a reputation for being highly volatile during crypto market swings, as they’re the first to be sold by risk-averse traders. However, Bitwise said this is changing as traditional institutions have begun to use the protocols, which have stabilized the wider DeFi ecosystem. “We think DeFi is quietly re-rating,” Bitwise said. “Token economics are improving, the gap between usage

“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin.

The post Base TVL Above $2 Billion Shows Coinbase’s Layer-2 Is No Longer A Side Bet appeared on BitcoinEthereumNews.com. Base TVL Above $2 Billion Shows Coinbase’s Layer-2 Is No Longer A Side Bet Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/base-tvl-above-2-billion-shows-coinbase-s-layer-2-is-no-longer-a-side-bet/

Base crossing $2 billion in total value locked is a milestone that changes the way the network should be discussed. This is no longer just Coinbase’s experimental layer-2. It is a meaningful DeFi venue with enough liquid

The post Swift And Chainlink Settlement Trials Keep Tokenized Assets In The Banking Conversation appeared on BitcoinEthereumNews.com. Swift And Chainlink Settlement Trials Keep Tokenized Assets In The Banking Conversation Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/swift-and-chainlink-settlement-trials-keep-tokenized-assets-in-the-banking/

The post Uniswap Fee Switch Talk Shows DeFi Governance Is Still Searching For Sustainable Revenue appeared on BitcoinEthereumNews.com. Uniswap Fee Switch Talk Shows DeFi Governance Is Still Searching For Sustainable Revenue Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/uniswap-fee-switch-talk-shows-defi-governance-is-still-searching-for/

Tokenized assets do not become mainstream because crypto people say they should. They get closer when the institutions that already run financial plumbing test how those assets can move through existing systems. That is