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Written By
Evan Mercer
Reporting on the pulse of entertainment, cryptocurrency movements, and viral online trends for Daily News 19.
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Ethena Opens $200 Million USDe Deposit Cap on Tydro Lending Market on Ink
Key Highlights Ethena and Tydro have set a new $200 million borrowing limit for assets deposited as collateral on Tydro. The partnership supports deposits of $USDe and its staked version, sUSDe, through isolated borrowing. Further increases to the $USDe limit will depend on future announcements from Ethena. Ethena and Tydro Set $200 Million $USDe Limit ...
Elon Musk Dismisses $120 Billion Anthropic Exit Talk as SpaceX Plans $74 Billion AI Expansion
Key Highlights: SpaceX reported $14.58 billion in third-quarter revenue, with its Super Intelligence segment contributing $7.56 billion, or about 52%. One undisclosed customer accounted for 34.5% of SpaceX’s quarterly revenue; Bloomberg identified Anthropic as the company’s largest customer. SpaceX’s proposed Arizona AI computing project faces regulatory scrutiny, with the next county review scheduled for Dec. ...
AAVE Slides 30% in Four Weeks, Underperforming Bitcoin and Ether
Key Highlights $AAVE has underperformed Bitcoin and Ether over the comparison period. Aave’s total value locked fell about 13.5%, from $17.95 billion to $15.53 billion. LlamaRisk proposed winding down $1.33 billion of collateral in Aave V3 Core while initially avoiding immediate liquidation of existing loans. $AAVE Underperforms Bitcoin and Ether Aave’s native token, $AAVE, recorded ...
Bitcoin Falls Below $67,000 as Crypto Sell-Off Deepens
Key Highlights: Bitcoin was quoted at $67,399, down 17.3% over roughly four weeks and 11.3% over roughly seven days. Ether fell 21.4% over roughly four weeks and 15.3% over roughly seven days, underperforming bitcoin. Crypto selling broadened across the market as 42 of 44 non-stablecoin tokens in a curated watchlist declined over 24 hours. Bitcoin ...