Crypto Leverage Transformation: Insights from Galaxy's Q1 2025 Report
A new study reveals that while overall crypto leverage has declined, significant changes in DeFi and CeFi point towards evolving market dynamics with embedded risks.

A new study reveals that while overall crypto leverage has declined, significant changes in DeFi and CeFi point towards evolving market dynamics with embedded risks.
An overview of the current state of Bitcoin and other cryptocurrencies ahead of June 5, 2025, focusing on ETF inflows and seasonal trends.
3iQ and Criptonite launch an actively managed certificate (AMC) investment product designed for qualified investors, to be listed on the Swiss Exchange.
Coinbase has introduced wrapped versions of XRP and Dogecoin on its Base platform, offering new decentralized finance opportunities to holders of these cryptocurrencies.
Dogecoin faces difficulties in reclaiming the $0.19 mark as bearish trends dominate, though there are hints of possible recovery.
Hong Kong's securities authority is set to enable professional investors to trade crypto derivatives, expanding its virtual asset market significantly.

Mastercard is moving towards tokenizing online transactions in Europe as part of its strategy to enhance digital payment security.
Zora is transforming the NFT landscape by transitioning to a blockchain-based social platform aimed at benefiting content creators.
Hong Kong is taking steps towards creating a framework for trading crypto derivatives aimed at professional investors, enhancing its position as a digital asset leader.
Circle successfully publicizes its stock under CRCL on the NYSE, exceed expectations with a notable raise in investor interest.
Ethereum co-founder Vitalik Buterin has recently transferred $2.6 million in crypto using the privacy tool Railgun, causing its token value to surge by 15%.
This issue of The Protocol discusses Berachain's Bectra hard fork, Ethereum Foundation layoffs, and skepticism from tech experts regarding Elon Musk's new messaging app XChat.

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