Morpho's price surged 10.3% driven by increased activity in the perpetual market, where long trades now make up 54% of volume and the long-to-short ratio is 1.27. Open interest and funding rates have risen, signaling strong bullish sentiment among investors. The asset is approaching a critical resistance level at $2.23; a break above this could lead to a 9.47% gain toward $2.36. Community sentiment is highly positive, with 38,700 investors unanimously bullish, supporting the potential for continued upward movement.
Robinhood has introduced Robinhood Earn, allowing US users to lend USDG stablecoins through its app with a target yield of about 7% APY, powered by Morpho's decentralized lending protocol on the new Robinhood Chain. This integration bridges tradition...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
