Ethereum DeFi Lags Behind, Even as Ether Price Crossed Record Highs
Institutional inflows are driving ETH's price highs, while retail DeFi activity remains subdued compared to previous cycles.
Institutional inflows are driving ETH's price highs, while retail DeFi activity remains subdued compared to previous cycles.
[Former Fed Vice Chair Warns: Regional Fed Presidents May Face Risk of Removal Due to Political Interference] Former Federal Reserve Vice Chair Lael Brainard stated that political interference from U.S. President Donald Trump could pose a threat to the Fed's independence. She pointed out that next year, multiple regional Federal Reserve Bank presidents may face substantial risks of removal due to political manipulation. This statement has sparked market concerns about the internal stability of the Federal Reserve and the independence of its policymaking.
Bitget ENS/USDT's perpetual trading volume surged 11 times within 10 minutes, with a turnover of 7.94 million US dollars in the past 24 hours, a decrease of 2.18% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally
Derivative milestone comes as spot XRP weathers sharp $2.96–$2.84 swing on 217 million volume and institutional flows step back in.
Technical indicators suggest potential for a bullish reversal, though market sentiment remains divided between risks of a breakdown and optimism for a rebound.
[User Scammed Out of 783 BTC, Funds Flowing to Wasabi] On August 19, a victim lost 783 bitcoins (approximately $91.4 million) due to a scam involving fake exchange and hardware wallet customer support. According to @zachxbt, the funds are being transferred through Wasabi. The incident coincides with the one-year anniversary of the 243M Genesis Creditor theft.