AERO, the native token of liquidity protocol Aerodrome Finance, jumped by 77% on Tuesday after it was selected by the Base Ecosystem Fund, which is led by CB Ventures.
Coinbase premiums for ether (ETH) tokens were higher than usual in the past week, suggesting the demand was led by U.S. investors, CryptoQuant said.
Daily net inflows exceeded $500 million on Monday as total net inflows reached $6 billion and bitcoin’s price surged.
Total market cap of the dollar-linked coin has increased faster than larger rival USDT’s in recent months.
Over the past 24 hours, bitcoin surged to a multi-year high of over $56,000, as spot bitcoin ETF trading volume increased.
Ethereum Layer 2 Blast has hit more than $2 billion in total value locked. Blast’s mainnet launch is anticipated for Feb. 29.
OKX has opened a crypto exchange in Turkey named OKX TR. OKX’s web3 wallet is also available to Turkish users via its global platform.
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.
OKX President Hong Fang says there is a high demand for crypto in the country.
Brandt expects bitcoin’s ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.