Re unlocks new use case for USDe & sUSDe stablecoins, connecting crypto to the $1T+ reinsurance market
Daily top performer — Starknet (STRK)
The S&P 500 futures fell after a 0.17% dip Tuesday, pressured by Nvidia's drop and U.S.-China trade tensions. Gold surged past $3,240, rising over 6.5% as safe-haven demand spiked on US-China trade tensions and falling Treasury yields. Investors are watching Powell’s speech and retail sales data for further cues. The Coindesk Indices, which tracks the broader crypto market, are down by 2.10%, with Bitcoin and Ether down by 1.06% and 2.43%, 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 STRK, up 5.9%, following Argent's launch of Easy Bridging to simplify self-custody on Starknet.
Starknet (STRK), founded in 2018, is a Layer 2 Ethereum solution that uses zero-knowledge rollups and STARK proofs to scale transaction processing efficiently. Argent has launched Easy Bridging, a feature that simplifies funding its mobile wallet by allowing users to send crypto from any chain, exchange, or wallet directly into Argent on Starknet. Powered by Layerswap, the process mimics a simple transfer: pick a token and chain, copy the deposit address, and send. Layerswap bridges assets using liquidity pools, making the transition from CEXs or other wallets to Starknet fast and frictionless. With no seed phrase, 2FA, low fees, and seamless UX, Argent is making self-custody on Starknet accessible to all.
Check out the latest prices, charts, and data of STRKUSDT perp and STRK/USDT spot contracts!
Talk of the town
Re introduces a new use case for Ethena Labs' USDe and sUSDe stablecoins, allowing users to lock them as reserve assets to support global insurers via the Resilience Foundation. Users can earn up to 23% APY, including 5x Ethena rewards, while their capital helps underwrite health, property, business, and climate insurance. This connects crypto-native assets to the $1T+ reinsurance market, providing additional sources of returns and contributing to real-world risk coverage. Deposits are capped at $50M, with quarterly redemptions available.
Check out the latest prices, charts, and data of ENAUSDT perp and ENA/USDT spot contracts!
Bitcoin spot ETF flows
Category | Flow (millions) |
GBTC | 0.0 |
Non-GBTC | 38.2 |
Total | 38.2 |
Yesterday, BTC spot ETFs saw $38.2M in net inflows, all from non-GBTC funds.
Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!
Airdrop to watch
ByteNova, a decentralized edge AI platform backed by NVIDIA and Forum Ventures with $15M in funding, has launched a rewards system tied to an upcoming confirmed airdrop. Users can earn points by completing simple tasks after connecting their EVM wallet and social accounts. As part of CoinMarketCap’s Accelerator Program, ByteNova aims to support low-latency, secure AI applications. Early participation is encouraged to maximize airdrop eligibility.