$BTC is down but holding above the $100K mark. As of now, $BTC is trading at $101,325 and $ETH at $3,314, with Bitcoin dominance at 60.50%.
Elixir has decided to sunset its deUSD synthetic stablecoin following a $93 million loss at Stream Finance, where $68 million of its assets were loaned — triggering a chain reaction of depegging across related stablecoins. The protocol has already redeemed 80% of deUSD and plans to repay remaining holders 1:1 in USDC through a claims portal.
A few other headlines include: Binance to launch pre-market perps for Stable, with Polymarket odds of a $4B FDV after launch at 26%; Google to integrate Polymarket and Kalshi prediction data into search results; and Circle submits comment letter on the implementation of the Genius Act.
During the last 24 hours, the top three gainers were $AIA, $FIL, and $AR, while the top three losers were $USDX, $XPL, and $DCR.
