| Time | Details |
|---|---|
| 2024-09-13 09:51 |
Key Updates: Coinbase's New Wrapped Bitcoin, eToro's Trading Halt, and Trump's Crypto Project
According to @CCData_io, today's top cryptocurrency news includes Coinbase launching a new wrapped Bitcoin token named cbBTC. Additionally, eToro will halt trading for most crypto assets following a settlement with the SEC. Lastly, Donald Trump has announced the launch of a new crypto project called ‘World Liberty Financial’. (Source) |
| 2024-09-15 08:00 |
Staked Bitcoin Market Cap Poised for Growth
According to IntoTheBlock, the market cap for staked Bitcoin is currently less than 1% of the value of wrapped BTC tokens. In the upcoming weeks, there is an expectation for increased borrowing of wrapped tokens like WBTC and cbBTC against Bitcoin staking tokens. This could lead to leveraged exposure to platforms such as Babylon and Symbiotic. (Source) |
| 2024-09-16 13:34 |
Track cbBTC Liquidity on MoonwellDeFi via IntoTheBlock Risk Analytics
According to @intotheblock, cbBTC, the wrapped Bitcoin on Ethereum and Base by Coinbase, is now trackable through their risk analytics for MoonwellDeFi. Currently, there are 39 cbBTC supplied, primarily utilized for borrowing USDC. This new feature allows traders to monitor liquidity movements and utilization effectively. (Source) |