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The S&P 500 dropped 0.5%, extending its losing streak to three days amid a tech selloff. Investors await earnings and the PCE index. Gold nears $2,950 after a record $2,956, driven by falling US yields and strong ETF inflows, but buyer exhaustion looms. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.3%, with Bitcoin and Ether dropping by 1.89% and 6.11%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is VANA, which surged nearly 23.4% after YZi Labs backed its mission to revolutionize user-owned data in AI.
Vana (VANA), founded in 2018, is an EVM-compatible Layer 1 blockchain enabling users to own, share, and monetize their data via DataDAOs while maintaining privacy. YZi Labs has invested in Vana, marking its first AI investment post-rebrand. Vana’s blockchain enables user-owned data sharing for AI, addressing the $1T personal data economy. The funding will expand Vana’s DataDAO ecosystem and data financialization across industries.
Celo, Chainlink, Hyperlane, and Velodrome have introduced Super USDT, a crosschain version of USDT on the OP Superchain, aimed at enhancing stablecoin interoperability and liquidity. Fully backed by USDT reserves on Celo, it leverages Chainlink’s CCIP and Hyperlane to enable seamless transfers across Optimism-based networks. This solution addresses liquidity fragmentation and supports Optimism’s goal of a unified ecosystem. Super USDT is now accessible on multiple chains, promoting broader adoption and scalability.
Category | Flow (millions) |
GBTC | (59.5) |
Non-GBTC | (298.3) |
Total | (357.8) |
Yesterday, BTC Spot ETFs recorded a total net outflow of $357.8M, including $59.5M from GBTC and $298.3M from non-GBTC ETFs.
Ethena secured $100M from top investors, driving $440M+ in deposits to its upcoming DEX, Ethereal. Users can earn airdrop points by depositing USDe, with no lockup and a 30X multiplier on Ethena deposits, boosting eligibility for future rewards.