Mantra exposes crypto liquidity problems, and Coinbase is bearish: Finance Redefined
From Cointelegraph
April 18, 2025 2:00 PM:
Crypto investor sentiment took a hit as Mantra’s OM token crashed by over 90%, raising concerns about liquidity issues. Meanwhile, Coinbase predicts a bear market until Q3 2025. Venture capital funding in crypto projects has dropped by 50-60%, hinting at a new “crypto winter.” AI tokens and memecoins dominated Q1 2025 narratives. Manta founder details attempted Zoom hack by Lazarus group using real faces. Crypto lending market sees a 43% drop from 2021 highs, while DeFi borrowing surges by 959%. Borrowers can use their crypto as collateral for loans, with lenders earning interest. The market decreased from $64.4 billion in 2021 to $36.5 billion in Q4 2024, due to lender bankruptcies and decreased demand.
The decline in the crypto lending market began in 2022 with CeFi lenders like Genesis, Celsius Network, BlockFi, and Voyager filing for bankruptcy. This led to a 78% shrinkage in the market, with CeFi lending losing 82% of its open borrows. The industry faced challenges as crypto valuations dropped.
In the DeFi market, most of the top 100 cryptocurrencies ended the week positively. DEX Raydium’s token rose by 26%, with AB utility token up by 19% on the weekly chart. The total value locked in DeFi continues to show growth and promise for the future of decentralized finance.
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1. Bitcoin hits new all-time high of $65,000 as institutional investors continue to flock to the digital currency. The cryptocurrency market cap surpasses $2 trillion for the first time.
2. Ethereum reaches a new record high of $4,000 as decentralized finance (DeFi) platforms gain popularity among investors. The total value locked in DeFi projects exceeds $60 billion.
3. Dogecoin sees a surge in price after Elon Musk’s appearance on Saturday Night Live, reaching a market cap of over $70 billion. The meme-inspired cryptocurrency continues to captivate retail investors.
4. Ripple’s XRP token faces a lawsuit from the SEC over alleged securities violations, causing the price to plummet. The outcome of the legal battle could have significant implications for the entire cryptocurrency industry.
5. NFTs (non-fungible tokens) gain mainstream attention as digital art pieces sell for millions of dollars. Celebrities and artists alike are embracing the NFT craze, with sales volumes reaching new highs.: Mantra exposes crypto liquidity problems, and Coinbase is bearish: Finance Redefined