1. Total market value of DeFi tokens: 114.774 billion US dollars
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $75.66
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $121.067 billionbillion
Top 10 DeFi Projects by Locked Assets and Total Value Locked (TVL)
Top 10 DeFi Projects by Locked Assets and Total Value Locked (TVL)
1. Total Market Value of NFTs: $11.624 Billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-hour NFT Transaction Volume: $2.399 billionUSD
Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO
Trump Reiterates Fed Chair Should Cut Rates
US President Trump: Fed Chair should cut rates. Trump reiterated his criticism of Powell, stating that even JPMorgan CEO Dimon said Powell should lower interest rates.
US President Trump: Fed Chair should cut rates.
1. Reuters: WLFI Announces RWA Product Launch in January Next Year
According to Jinse Finance, Reuters reported that Zach Witkoff, co-founder of World Liberty Financial, a cryptocurrency project backed by the Trump family, announced at an event in Dubai that the company will launch its real-world asset product in January of next year.
1. Analysis: ETH Rise May Be Due to Market Optimism Regarding Fusaka Upgrade
Jinse Finance reports that ETH has returned to 3000
Following the surge above the US dollar level, market analysts attributed this to optimistic expectations for the upcoming Fusaka upgrade, supported by widespread gains in major altcoins such as SOL and BNB, pushing the total cryptocurrency market capitalization to approximately $3.2 trillion. Timothy Misir, Head of Research at BRN, stated that this price increase was partly due to the forced exit of large numbers of BTC short sellers above $93,000, leading to a surge in forced buying. Fund flows in spot ETFs also provided additional support; the US Bitcoin spot ETF recently recorded a net inflow of approximately $58,500,000, marking the fifth consecutive trading day of positive inflows.
2. Babylon Partners with Aave to Launch Native Bitcoin Collateralized Lending, Planned for April 2026
According to Jinse Finance, CoinDesk reports that Babylon has announced a partnership with the decentralized lending protocol Aave to support native Bitcoin as collateral in AaveV4, without the need for wrapped tokens or custodian intermediaries. This partnership will combine Babylon's trustless vault with Aave's "centralized radial" architecture, allowing users to deposit native BTC on the Bitcoin base chain while simultaneously lending stablecoins and other assets on the Aave marketplace. Testing is expected to begin in early 2026, with the product planned for launch in April. Babylon co-founder David Tse stated that even if 5% of the Bitcoin supply were to enter the lending protocol, the scale would far exceed the current market.
3. Stable Mainnet to Launch on December 8th at 21:00
Jinse Finance reports that Stable tweeted that the mainnet will launch at 21:00 Beijing time on December 8th. The Stable network uses USDT 0 as its native gas fee token. These fees will be collected into a treasury managed by smart contracts, and validators can choose to distribute the gas fees proportionally to users staking STABLE.
4. Stable Announces Token Economic Model, Initial Activity Allocation Accounts for 40% of Total Supply
Jinse Finance reports that Stable has officially announced its token economic model. STABLE, as the network governance token, has a fixed total supply of 100 billion. The token allocation scheme is as follows: 40% allocated to ecosystem and community development, 25% allocated to team members, 25% allocated to investors and advisors, and 10% for genesis allocation.
Tencent is in talks to buy Nexon's parent company for around $15 billion as it looks to grow in Web3 gaming. The deal would give Tencent control of blockchain-based games like MapleStory N, though it's unclear if Nexon could keep its independence.
AnaisA Chinese man was arrested at Don Mueang Airport while trying to flee to Singapore after being accused of stealing over $6 million in Bitcoin from two investors. Thai police had been tracking him since April and stopped him just before he boarded the flight.
WeatherlyThe SEC has withdrawn over a dozen proposed Biden-era rules, including key measures targeting DeFi and crypto custody—marking a shift away from Gary Gensler’s regulatory agenda and raising new questions about the future of US crypto oversight
CatherineThe Philippines has introduced strict new rules for crypto companies, requiring them to register, hold at least PHP 100 million in capital, and have a physical office in the country. Firms that fail to comply could face heavy fines or jail time, as the government moves to tighten control and protect users.
AnaisVietnam’s National Assembly has passed a major digital law that establishes clear crypto regulations and strict AML standards, while also offering incentives for AI, semiconductors, and digital infrastructure—signalling its ambition to become a global tech and investment hub.
CatherineA 26-year-old TikTok influencer and crypto trader was reportedly kidnapped in France and held for a €50,000 crypto ransom. But when the kidnappers found he had been all-in on XRP since 2018 and had little to show for it, they released him—allegedly sending $1,000 in USDT before letting him go.
KikyoBybit is launching Byreal, a new decentralised trading platform on Solana, with a testnet set for 30 June and mainnet in Q3 2025. It aims to combine the speed and liquidity of a centralised exchange with the fairness and openness of DeFi, using hybrid features like RFQ and CLMM routing.
WeatherlyIn a significant policy shift, Brazil has officially eliminated the tax exemption previously granted to small-scale crypto investors. Under the new regulation, all capital gains from cryptocurrency transactions will be subject to a flat 17.5% tax rate.
CatherineA crypto investor lost $6.9 million after buying a cold wallet through Douyin that had already been tampered with. The private key was stolen before sale, letting scammers take the funds and launder them through a crypto mixer.
AnaisSatoshi Nakamoto created Bitcoin to sidestep centralised institutions and government control. But Coinbase’s sponsorship of a military parade has sparked debate: Is crypto abandoning its anti-establishment roots for mainstream acceptance?
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