Crypto.com is adding Morpho lending to Cronos, allowing users to earn stablecoin yields on wrapped BTC and ETH, mirroring Coinbase’s push into DeFi lending.
Cryptocurrency News
Ether.fi price hits 8-month high amid 25% spike [btcmanager]
Ether.fi price rose as the decentralized and non-custodial Ethereum staking protocol’s native token mirrored broader crypto gains with a 25% spike in the 24 hours to hit an eight-month high of $1.79. Ether.fi price rose sharply on Thursday, with an…
New York State senator proposes tax on crypto mining energy use [cointelegraph]
The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used.
Fitell adds 216m PUMP tokens to treasury in accelerated Solana pivot [btcmanager]
Fitell is staking a significant portion of its capital on a memecoin platform’s token, allocating $1.5 million for 216.8 million PUMP tokens just one month after securing a $100 million facility dedicated to Solana accumulation. In a press release dated…
Synthetic tokens see a comeback as stablecoins market cap climbs [cointelegraph]
Sui enters the stablecoin race with a fully backed token and a synthetic dollar using delta-neutral hedging, as synthetic finance gains new traction.
Bitcoin’s next stop could be $125K: Here’s why [cointelegraph]
Bitcoin price aims for $125,000 as the gold rally and reduced inflation risks strengthen investors’ conviction in interest rate cuts and a rally from alternative assets.
Here’s why Pepe Coin price may miss the Uptober rally [btcmanager]
Pepe Coin price remains in a deep bear market, and on-chain data and its weak technicals point to a crash in the coming weeks or months. Pepe Coin (PEPE) token was trading at $0.000010 on Thursday, Oct. 2, down by…
Buterin partners with HashKey’s Xiao Feng on Ethereum Applications Guild [btcmanager]
Co-founded by Vitalik Buterin and Xiao Feng, the initiative expands on Shanhaiwoo’s three-year experiment, offering a collaborative framework to drive Ethereum into its long-promised application phase. According to a press release dated Oct. 2, Ethereum co-founder Vitalik Buterin and HashKey…
Crypto Biz: From banks to biotechs, real-world assets move onchain [cointelegraph]
TradFi dives deeper into crypto: Tether’s mega raise, SEC eyes onchain stocks, JPMorgan expands Kinexys and a biotech bets treasury on DePIN.
Tokenized stock market dominated by only two players, study reveals [btcmanager]
The tokenized stock market is expanding fast, yet nearly all activity is concentrated in Backed and Ondo Global Markets, which dominate trading with popular U.S. tech shares and ETFs. While most offerings are synthetic, platforms exploring true ownership are emerging.…