Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, fellow crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest updates from the world of Bitcoin, Ethereum, and DeFi. Let's dive right in!

First off, Bitcoin has been on a wild ride this week. As of January 28, 2025, the price is hovering around $113,961.59, with a predicted range of $105,561.28 to $113,961.59 for the month[2]. The recent volatility is largely attributed to shifts in ETF flows and evolving U.S. policy discussions on digital assets. For instance, January 21 saw over $802.6 million in net inflows, led by BlackRock’s IBIT, while January 23 experienced weaker demand, with Grayscale’s GBTC losing $49.9 million[4].

Moving on to Ethereum, the second-largest cryptocurrency has been trading in the $3,250 - $3,450 range, following Bitcoin's price action but with slightly less volatility. Institutional accumulation appears to be gaining momentum, with increasing discussions around Ethereum's potential inclusion in a U.S. strategic crypto reserve and its role in DeFi and staking growth[4]. However, Michael Egorov, founder of Curve Finance, expressed concerns about Ethereum's Layer 2 roadmap, calling it a "band-aid" solution that hinders composability and leaks value to L2 tokens and operating companies[1].

In other news, the Trump Administration has established a cryptocurrency working group to develop new regulations for digital assets and explore the establishment of a national cryptocurrency reserve. This initiative aims to rapidly reform U.S. crypto policy, marking a departure from the previous administration's stringent stance[4]. David Sacks has been appointed as the Special Advisor for AI and Crypto and will chair this working group.

Lastly, the DeFi space has seen some notable movers this week. XPR Network (XPR) surged 163.2% in the last seven days, driven by increasing adoption and speculation surrounding upcoming ecosystem developments. Other notable gainers include LOAN Protocol (LOAN), which climbed over 48% as interest in decentralized lending platforms continues to grow[4].

That's all for now, folks Stay informed, stay vigilant, and keep on crypto-ing!

Your friend,
Crypto Willy

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest updates on Bitcoin, Ethereum, and the DeFi space. Let's dive right in!

Over the past two weeks, we've seen significant price movements in both Bitcoin and Ethereum. Ethereum, in particular, has been on a roll, with its price fluctuating between $3,275.85 and $3,823.04 in January 2025, according to Changelly's predictions[1]. The current price as of January 28, 2025, stands at $3,505.95, with a potential ROI of 48.5%.

In the DeFi sector, we've seen some major updates. Uniswap has broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks. AAVE has also seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion. EigenLayer has seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments, making it the third-largest DeFi protocol.

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided.

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability.

Looking ahead, experts are optimistic about Ethereum's price trajectory. Finder's experts predict that Ethereum could reach new all-time highs, potentially exceeding $6,500 in 2025, driven by increased demand and continued network improvements. Wallet Investor also expects Ethereum to cross over the $7K mark in 5 years.

In terms of TVL changes, Ethereum's dominance in decentralized finance continues to face pressure, with its share of total value locked falling to 54.51%, marking the lowest level in three months. Tron's TVL share dropped from 8.16% to 5.66% over the same period.

Charles Yu expects Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%. Zack Pokorny believes DeFi will enter its "dividend era" as on-chain applications distribute at least $1 billion of nominal value to users and token holders from treasury funds and revenue sharing.

That's all for now, folks. Stay tuned for more updates, and remember to always keep your crypto game strong. Your buddy Crypto Willy, signing off.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest updates on Bitcoin, Ethereum, and the DeFi landscape. Let's dive into the past two weeks' market analysis and significant developments.

First off, Ethereum has been making waves. According to Changelly, crypto analysts predict that in January 2025, the ETH price might fluctuate between $3,275.85 and $3,823.04, with a potential ROI of 58.6%[1]. As of today, January 28, 2025, the ETH price is at $3,505.95, showing a 6.84% increase from the previous day.

In the DeFi space, we've seen some significant updates. Uniswap has broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks. AAVE has also seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion. However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos.

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability.

Expert predictions suggest that Bitcoin DeFi will almost double in 2025, driven by a 150% year-over-year increase in cbBTC supply and a 30% rise in WBTC supply. Charles Yu expects Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%.

Institutional involvement has been a key driver of the crypto market's growth. MicroStrategy, for instance, purchased 15,350 BTC for $1.5 billion, bringing its total to 439,000 BTC worth $45.6 billion. Ethereum products have also seen consistent inflows, with $1 billion added last week, marking seven straight weeks of growth.

Looking ahead, Finder's experts predict a bright future for Ethereum, suggesting it could surpass $6.1K by 2025 and potentially reach up to $12K by 2030. Wallet Investor also has a bullish outlook, expecting the Ethereum price to cross over the $7K mark in 5 years.

That's all for now, folks. Stay tuned for more updates, and remember to always keep your crypto game strong. Your buddy Crypto Willy, signing off.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, fellow crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest market analysis and updates on Bitcoin, Ethereum, and the DeFi space for the past two weeks.

First off, let's dive into the price movements. Bitcoin has been on a wild ride, blasting past $100,000, while Ethereum has surged, driven by its staking momentum and Layer 2 adoption. Ethereum's DeFi ecosystem has reached a two-year high, with the total value locked (TVL) exceeding $80 billion for the first time since May 2022.

In the DeFi space, we've seen some remarkable growth in TVL for several protocols. EigenLayer, for instance, has seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments. Its TVL has surged to $10 billion, making it the third-largest DeFi protocol, just behind AAVE. AAVE itself has seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion. Uniswap has also broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks.

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided.

On the regulatory front, it's been relatively quiet, but the recent election of President Donald Trump has sparked optimism in the crypto market, with potential shifts in the SEC's regulatory approach and clear guidelines on the horizon. The SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments.

Institutional involvement has been a key driver of the crypto market's growth. MicroStrategy, for instance, purchased 15,350 BTC for $1.5 billion, bringing its total to 439,000 BTC worth $45.6 billion. Ethereum products have also seen consistent inflows, with $1 billion added last week, marking seven straight weeks of growth.

Looking ahead, experts predict that Ethereum's price may fluctuate between $3,633.99 and $3,793.43 in the coming months, with a potential ROI of 57.3%. Gabe Parker from Galaxy predicts that Bitcoin DeFi will almost double in 2025, driven by a 150% year-over-year increase in cbBTC supply and a 30% rise in WBTC supply. Charles Yu expects Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%.

That's all for this week, folks. Stay tuned for more updates, and remember, in the world of crypto, it's always exciting Cheers, Crypto Willy.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, fellow crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest market analysis and updates on Bitcoin, Ethereum, and the DeFi space. Let's dive right in!

Over the past two weeks, we've seen some significant price movements in both Bitcoin and Ethereum. Bitcoin has been on a wild ride, but Ethereum has surged, driven by its staking momentum and Layer 2 adoption. Ethereum's DeFi ecosystem has reached a two-year high, with the total value locked (TVL) exceeding $80 billion for the first time since May 2022.

In the DeFi space, we've seen some remarkable growth in TVL for several protocols. EigenLayer, for instance, has seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments. Its TVL has surged to $10 billion, making it the third-largest DeFi protocol, just behind AAVE. AAVE itself has seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion. Uniswap has also broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks.

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided.

On the regulatory front, it's been relatively quiet, but the recent election of Trump has sparked optimism in the crypto market, with potential shifts in the SEC's regulatory approach and clear guidelines on the horizon. The SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments.

Looking ahead, experts predict that Ethereum's price may fluctuate between $3,275.85 and $3,823.04 in January 2025, with a potential ROI of 58.6%. Gabe Parker from Galaxy predicts that Bitcoin DeFi will almost double in 2025, driven by a 150% year-over-year increase in cbBTC supply and a 30% rise in WBTC supply. Charles Yu expects Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%.

Institutional involvement has been a key driver of the crypto market's growth. MicroStrategy purchased 15,350 BTC for $1.5 billion, bringing its total to 439,000 BTC worth $45.6 billion. Ethereum products have also seen consistent inflows, with $1 billion added last week, marking seven straight weeks of growth.

Ethereum's TVL share has decreased to a 3-month low of 54% in January 2025, with Ether trading at $3,368 currently, after a month-long downward trend. However, Matrixport believes that Ethereum could regain its dominance in 2025, with Bitcoin acting as the initiator of the bull run and Ethereum prepping for a bigger price rally.

That's all for this week, folks. Stay tuned for more crypto updates, and remember, always keep your crypto game strong Your crypto buddy, Crypto Willy.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to dive into the latest market analysis for Bitcoin, Ethereum, and DeFi updates. Let's get started!

Over the past two weeks, we've seen some significant price movements in both Bitcoin and Ethereum. Ethereum, in particular, has been on a roll, with its price fluctuating between $3,203.62 and $3,734.03 in January 2025, according to Changelly's predictions[1]. As of today, January 21, 2025, the ETH price stands at $3,558.66, showing a 7.67% increase from the previous day.

In the DeFi space, we've seen some major updates. Aave, for instance, experienced a sharp price increase on January 17, 2025, with its price surging from $120.50 to $145.75 within two hours, marking a 21% increase. This movement was triggered by the announcement that Aave had achieved a new all-time high in total value locked (TVL), reaching $10.2 billion[2].

EigenLayer has also seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments, making it the third-largest DeFi protocol, just behind AAVE. Uniswap has broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks[3].

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided[4].

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability[3].

Looking ahead, experts predict that Bitcoin DeFi will almost double in 2025, driven by a 150% year-over-year increase in cbBTC supply and a 30% rise in WBTC supply. Charles Yu expects Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%. Zack Pokorny believes DeFi will enter its "dividend era" as on-chain applications distribute at least $1 billion of nominal value to users and token holders from treasury funds and revenue sharing[3].

That's all for this week, folks. Stay tuned for more updates, and remember, in the world of crypto, it's always exciting Cheers, Crypto Willy.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest updates on Bitcoin, Ethereum, and the DeFi space. Over the past two weeks, we've seen some significant movements that are worth diving into.

First off, let's talk about Bitcoin. While it's been a bit of a rollercoaster, the overall trend is looking bullish. We've seen a shift from Bitcoin to altcoins, particularly Ethereum, which is a sign of increasing confidence in the broader crypto market. Ethereum, in particular, has been on a tear, with consistent inflows into Ethereum ETFs and a 30% correction that presented a great buying opportunity. According to technical analyst Elliott Wave, Ethereum is in a "super cheap zone" and its dominance has bottomed out, setting the stage for the next leg up[5].

In the DeFi space, we've seen some major updates. Aave, for instance, experienced a sharp price increase on January 17, 2025, following the announcement of a new all-time high in total value locked (TVL), reaching $10.2 billion. This surge was accompanied by a significant increase in trading volume on the Aave/ETH trading pair and a 30% rise in active Aave addresses[1].

EigenLayer has also been making waves, with a 500% TVL growth in just a month, driven by strategic changes and high-profile investments. Its TVL has surged to $10 billion, making it the third-largest DeFi protocol, just behind Aave. Uniswap has also broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks[2].

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided[3].

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability[2].

Looking ahead, experts predict a bright future for DeFi. Gabe Parker expects Bitcoin DeFi to almost double in 2025, driven by a 150% year-over-year increase in cbBTC supply and a 30% rise in WBTC supply. Charles Yu predicts Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%. Zack Pokorny believes DeFi will enter its "dividend era" as on-chain applications distribute at least $1 billion of nominal value to users and token holders from treasury funds and revenue sharing[2].

That's all for this week, folks. Stay tuned for more updates, and remember, in the world of crypto, it's always exciting Cheers, Crypto Willy.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to dive into the latest market analysis for Bitcoin, Ethereum, and DeFi updates. Let's get started!

Over the past two weeks, we've seen significant price movements in both Bitcoin and Ethereum. Bitcoin has been on a steady rise, currently trading at $45,000, up 3.5% from the previous day's close. Ethereum, on the other hand, has been experiencing a bit of a rollercoaster ride. After a month-long downward trend, Ether price rose by 5% today and is currently trading at $3,380.

Now, let's talk about DeFi protocols. We've seen some major updates in the past two weeks. EigenLayer, for instance, has seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments. Its TVL has surged to $10 billion, making it the third-largest DeFi protocol, just behind AAVE. AAVE itself has seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion. Uniswap has also broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks.

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided.

In terms of TVL changes, Ethereum's dominance in decentralized finance continues to face pressure, with its share of total value locked falling to 54.51%, marking the lowest level in three months. Tron's TVL share dropped from 8.16% to 5.66% over the same period. This decline in Ethereum's TVL reflects shifting dynamics in the DeFi ecosystem, where alternative blockchains like Tron, Avalanche, Solana, and Polygon are attracting developers and users with lower fees and faster transaction speeds.

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability.

Expert predictions suggest that Bitcoin DeFi will almost double in 2025, driven by a 150% year-over-year increase in cbBTC supply and a 30% rise in WBTC supply. Charles Yu expects Layer 2s to generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees ending the year above 25%. Zack Pokorny believes DeFi will enter its "dividend era" as on-chain applications distribute at least $1 billion of nominal value to users and token holders from treasury funds and revenue sharing.

That's all for this week, folks. Stay tuned for more updates, and remember, in the world of crypto, it's always exciting Cheers, Crypto Willy.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest updates on Bitcoin, Ethereum, and the DeFi space. Over the past two weeks, we've seen significant price movements, protocol updates, and governance decisions that are shaping the future of our beloved cryptocurrencies.

First off, let's talk about Bitcoin. The king of cryptos has seen some remarkable growth, with institutional involvement being a key driver. MicroStrategy, for instance, purchased 15,350 BTC for $1.5 billion, bringing its total to 439,000 BTC worth $45.6 billion. This move underscores the growing global acceptance of Bitcoin as a key investment asset. Experts like Gabe Parker from Galaxy Research predict that Bitcoin will cross $150k in H1 and test or best $185k in Q4 2025.

Ethereum, on the other hand, is navigating critical support levels. Currently trading near a key support level, ETH faces the risk of additional downward pressure if it fails to hold this position. However, the DeFi sector is experiencing a revival, fueled by renewed market enthusiasm. The TVL across all major networks has increased by 10% in September, reaching $133 billion. Ethereum continues to dominate the DeFi landscape, with a high TVL indicating strong user confidence and a robust ecosystem.

In the DeFi space, we've seen some significant updates. EigenLayer, for instance, has seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments. Its TVL has surged to $10 billion, making it the third-largest DeFi protocol, just behind AAVE. AAVE itself has seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion. Uniswap has also broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks.

However, not all DeFi protocols have been smooth sailing. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87. This move blindsided investors, users, and DeFi developers who say they were not prepared for the change.

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability.

In conclusion, it's been an exciting two weeks in the crypto market, with significant developments in DeFi protocols, TVL changes, and major governance decisions. As we move into 2025, it's clear that both Bitcoin and Ethereum are poised for growth, driven by increasing institutional involvement, regulatory clarity, and technological advancements. Stay tuned for more updates, and remember to always keep your crypto game strong!

Your buddy Crypto Willy, signing off.

Get the best deals https://amzn.to/3ODvOta

Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

Hey there, crypto enthusiasts It's Crypto Willy here, and I'm excited to share the latest market analysis and updates on Bitcoin, Ethereum, and the DeFi space. Over the past two weeks, we've seen significant developments that are shaping the future of our beloved cryptocurrencies.

First off, let's talk about the price movements. Bitcoin and Ethereum have been on a rollercoaster ride, but experts like Gabe Parker from Galaxy Research predict a bullish outlook for both assets. Parker expects Bitcoin to cross $150k in H1 and test or best $185k in Q4 2025. Meanwhile, Charles Yu predicts that Layer 2s will generate more economic activity than Alt L1s over 2025, with L2 fees as a percentage of Alt L1 fees reaching above 25% by the end of the year.

In the DeFi space, we've seen some remarkable growth. EigenLayer, for instance, has seen a 500% TVL growth in just a month, driven by strategic changes and high-profile investments. Its TVL has surged to $10 billion, making it the third-largest DeFi protocol, just behind AAVE. AAVE itself has seen significant growth, with its TVL exceeding 30% of the peak level during the DeFi Summer of 2021, reaching $23.056 billion.

Uniswap has also broken records, setting a new monthly trading volume record of $38 billion on Ethereum layer-2 networks. The DeFi sector is experiencing a revival, fueled by renewed market enthusiasm. The TVL across all major networks has increased by 10% in September, reaching $133 billion.

Institutional involvement has been a key driver of the crypto market's growth. MicroStrategy, for instance, purchased 15,350 BTC for $1.5 billion, bringing its total to 439,000 BTC worth $45.6 billion. Ethereum products have also seen consistent inflows, with $1 billion added last week, marking seven straight weeks of growth.

However, not all DeFi protocols are having a smooth ride. Usual Labs, the firm behind stablecoin protocol Usual, changed the code for the bonds backing its USD0 stablecoin, plunging several apps that integrated the token into chaos. The change cut the fixed price of the staked, bond-like version of USD0, called USD0++, from $0.995 to $0.87, leaving investors and users blindsided.

On the regulatory front, the SEC is expected to make a decision on new cryptocurrency ETFs by Q3 2024, which could attract $10 billion in new institutional investments. The approval of additional crypto ETFs could enhance market liquidity and stability.

In conclusion, it's been an exciting two weeks in the crypto market, with significant developments in DeFi protocols, TVL changes, and major governance decisions. As we move into 2025, it's clear that both Bitcoin and Ethereum are poised for growth, driven by increasing institutional involvement, regulatory clarity, and technological advancements. Stay tuned for more updates, and remember to always keep your crypto game strong!

That's all for now, folks. Keep on crypto-ing, and I'll catch you in the next update.

Get the best deals https://amzn.to/3ODvOta