Coindesk

Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges

The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off.Source link

Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind

Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.Source link

Bitcoin Price Crash to $50K Dashes Carry Traders’ Hopes

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.Source link

Bitcoin Continues to Bleed, Falls Below $50K

Ether prices also fell to $2.2K.Source link

Ether Slides 20% as Trading Firm Moves $46M in ETH

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.Source link