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DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch

DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch

1 month ago by Crypto InsightsCrypto

About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH. Blockchain data flagged by risk-management firm Chaos Labs shows a… Read More

Investment firm Multicoin bets ‘Internet Labor Markets’ will drive crypto’s next wave of adoption

Investment firm Multicoin bets ‘Internet Labor Markets’ will drive crypto’s next wave of adoption

2 months ago by Crypto InsightsCrypto

For much of crypto’s history, the primary use case has been simple: buying tokens and trading them. Now, some investors and builders believe the industry may be moving toward a different model altogether: earning crypto instead of buying it. One version of that idea is… Read More

MSTR and ASST have big upside after major declines, says B. Riley

MSTR and ASST have big upside after major declines, says B. Riley

2 months ago by Crypto InsightsCrypto

Investment bank B. Riley initiated coverage of bitcoin treasury firms Strategy (MSTR) and Strive (ASST) with buy ratings, setting price targets of $175 and $12, respectively. Strategy was trading at $141.82 at publication time, Strive at $8.67. The sector was pressured after bitcoin fell more… Read More

AI tokens rally after Nvidia open-source agent plan, beat CoinDesk 20

AI tokens rally after Nvidia open-source agent plan, beat CoinDesk 20

2 months ago by Crypto InsightsCrypto

Cryptocurrencies linked to artificial intelligence, such as Bittensor’s TAO, NEAR Protocol, Internet Computer, and others rallied after Wired reported that Nvidia is preparing a new open-source platform for autonomous AI agents, a concept similar to the OpenClaw framework, ahead of its annual developer conference. The… Read More

Circle (CRCL) shares continued their rally on Monday

Circle (CRCL) shares continued their rally on Monday

2 months ago by Crypto InsightsCrypto

Already on a tear ahead of the war in Iran, Circle (CRCL) might be an unlikely beneficiary of the conflict. The stock rose 10% on Monday, outperforming other crypto-linked equities, with the shares now up by 86% over the past month, though they remain sharply… Read More

BTC rises 5% from worst overnight levels, re-taking $69,000

BTC rises 5% from worst overnight levels, re-taking $69,000

2 months ago by Crypto InsightsCrypto

Crypto assets traded higher during the U.S. session on Monday, rebounding from sharp overnight losses that had brought bitcoin BTC$68,153.83 down to nearly $65,000. Bitcoin was trading just shy of $69,000 at midday up 2.5% over the past 24 hours, while ether (ETH) reclaimed the… Read More

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