Bitcoin Surges Toward $70K as $1.14 Billion in Crypto Shorts Get Rekt in an Hour

Bitcoin

Bitcoin is barreling toward $70,000 again, and it's claiming short sellers along with it: over $1 billion in shorts liquidated in one hour.

Polymarket Bets on ETH Above $2,500 By End of August

PolymarketEthereum

More than 82% of the betting is now on ethereum:native trading above $2,400, while Polymarket gives ETH a 26% chance of hitting $2,500.

Tokenized RWAs Represent $44.6 Billion in Market Cap Across 123 Issuers

cap

Tokenized RWAs represent $44.6 billion in market cap across 123 issuers, with Sky and Securitize leading with 10.3% each, followed by Ondo Finance (7.7%), Circle (6.7%), and Tether (6.1%).

USDC Now Accounts for $2.5 Billion in Deposits Across 16 DeFi Venues on Base

BaseCircleArc

USDC has become a key asset in Base’s DeFi economy, with $2.5 billion deposited across 16 DeFi venues on Base, up from virtually zero at the start of 2024.