Crypto in 2025 will see bitcoin as a reserve asset, Ethereum’s revenue growth through scalability, and DeFi’s shift to revenue sharing.
In view of the recent developments in the crypto sector, BaFin as well as the G7 are trying to create new uniform regulations.
The collapse of the largest algorithmic stablecoin, TerraUSD (UST), ends the dreams of an unsecured dollar token.
Jane Street Capital is another Wall Street giant entering the crypto market, looking to borrow through DeFi’s “Clearpool” platform.
The International Monetary Fund (IMF) marks in its latest Global Financial Stability report that DeFi is a concern for global markets.
An introduction to the leading decentralized stablecoin TerraUSD (UST), including its stabilization mechanisms, adoption history, and risks.
The Solana bridge “Wormhole” has suffered an exploit of ETH tokens worth 320 Million USD, although Jump Trading has agreed to cover the funds.
After a long winded approval process, options on BlackRock’s Bitcoin ETF (IBIT) began trading on Nasdaq.
Marktrückblick
A summarizing review of what has been happening at the crypto markets of the past week. A weekly report in cooperation with Kaiko.
NFTs
The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.