DeFi's total lock up volume has lost $38 billion since January 1st

According to Bloomberg, Ripple Prime, a subsidiary of Ripple, has launched its Delta One business, expanding into the stock trading field for the first time. Noel Kimmel stated that this business allows investors to execute Total Return Swap trades on US listed stocks, indices, and digital assets, serving hedge funds, market makers, and ETF issuers.

The minutes of the European Central Bank meeting show that some members believe that interest rates need to be appropriately restrictive.

Federal Reserve's Schmid stated that the current level of interest rates has not had a restraining effect on the US economy.

Binance launches IN trading competition, offering a $200000 reward pool. Users need to click Join on the Binance App activity page to track trading volume, and only buy trading volume will be counted in the statistics. Qualified Alpha competition traders can unlock a 1.2-fold trading volume bonus, with early trades receiving a bonus and the first day of trading receiving a 2.0-fold multiplier. （Binance Wallet）

Arthur Hayes wrote that driving the rise of cryptocurrencies only requires politicians who are unable or unwilling to reduce their spending to print more money, not anything else.