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blockonomi.com Aave Network Growth Surges as DeFi Activity Shows Fresh Signs

TLDR Aave recorded its highest daily network growth in nearly five years as new wallet creation surged on June 30. The protocol added 1,806 new Ethereum wallets in 24 hours, signaling fresh participation in DeFi. Aave traded near $86 despite a broader market pullback and still posted a weekly gain of about 9%. The protocol [...] The post Aave Network Growth Surges as DeFi Activity Shows Fresh Signs appeared first on Blockonomi.

news.bitcoin.com Crédit Agricole, World’s Largest Cooperative Bank, Launches Stablecoin EURXT

Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement on Wednesday, the bank issued the token through CACEIS, its asset servicing arm, on the Ethereum blockchain. EURXT follows the ERC-20 standard and carries a […]

cryptobriefing.com Cloudflare launches Monetization Gateway to let customers charge for protected assets using crypto payments

Cloudflare's Monetization Gateway could revolutionize digital content monetization, enabling seamless crypto transactions and expanding market dynamics. The post Cloudflare launches Monetization Gateway to let customers charge for protected assets using crypto payments appeared first on Crypto Briefing.

bitcoinmagazine.com Taiwan Passes Crucial Crypto Law With Licensing Rules, Stablecoin Framework

Bitcoin Magazine Taiwan Passes Crucial Crypto Law With Licensing Rules, Stablecoin Framework Taiwan passed its first comprehensive crypto law, creating a licensing regime for virtual asset firms, establishing stablecoin rules, and imposing penalties of up to seven years in prison for unlicensed operations, as the island moves to formalize and expand its digital asset industry. This post Taiwan Passes Crucial Crypto Law With Licensing Rules, Stablecoin Framework first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Neyro Bolsters Crypto Regulatory Footing With Swiss FINMA-Approved Acquisition

Neyro has completed the acquisition of a Swiss financial intermediary supervised under FINMA standards, positioning its digital asset infrastructure within one of Europe’s most established regulatory frameworks weeks before the EU’s crypto licensing cliff. Key takeaways: Neyro acquired Fiduciary Standard AG, a Swiss SRO member operating under FINMA supervision. The deal gives Neyro a compliance [...] The post Neyro Bolsters Crypto Regulatory Footing With Swiss FINMA-Approved Acquisition appeared first on Blockonomi.

cryptopotato.com Bitcoin Price Prediction: BTC Risks Drop Toward $55K After $60K Breakdown

Bitcoin’s battle around the $60K region is entering a decisive phase after sellers are forcing a breakdown below this major support area. With momentum still favoring the sellers, traders are now watching whether demand can prevent a deeper correction toward the mid-$50K region. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC has […]

blockonomi.com Ethereum Staking Rate Surpasses 33% Despite Price Weakness

TL;DR Ethereum’s staking rate has climbed above 33% for the first time, setting a new all-time high. Around 33.06% of the total ETH supply is now locked in staking, reducing the liquid supply in circulation. A newly created wallet withdrew 9,876 ETH worth $15.4 million from Binance and staked the entire amount. Ethereum price continues [...] The post Ethereum Staking Rate Surpasses 33% Despite Price Weakness appeared first on Blockonomi.

blockonomi.com Bitcoin ETF Outflows Hit Record $4.5 Billion as Institutional Demand Weakens

TLDR; Bitcoin ETF Outflows reached a record $4.5 billion in June, marking the largest monthly withdrawal since US spot Bitcoin ETFs launched in January 2024. BlackRock IBIT accounted for nearly 79% of all June withdrawals after investors pulled about $3.55 billion from the fund during the month. Total US spot Bitcoin ETF holdings continued to [...] The post Bitcoin ETF Outflows Hit Record $4.5 Billion as Institutional Demand Weakens appeared first on Blockonomi.