Bitcoin Price Reclaims Territory Above $67K as Banks Reach Out to BTC Miners Directly

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Bitcoin price spent the better part of this week in uncharted territory and devoid of upward momentum as it tested the 200-day Exponential Moving Average (EMA). Pendle Finance's total value locked (TVL) skyrocketed to $3.97 billion on Thursday following significant increases in the protocol's fees and trading volume. Ethereum sustained its consolidating movement for the second day on Thursday, trading above $3,300 after crashing earlier in the week.

Bitcoin price reclaims territory above $67K as banks reach out to BTC miners directly Bitcoin (BTC) price spent the better part of this week in uncharted territory and devoid of upward momentum as it tested the 200-day Exponential Moving Average (EMA). However, the outlook could change depending on how the bulls play their hand from here on out. Pendle Finance hits nearly $4 billion in TVL amid novel-yield structure Pendle Finance's total value locked (TVL) skyrocketed to $3.

97 billion on Thursday following significant increases in the protocol's fees and trading volume, according to data from DeFiLlama. The significant increase follows an influx of tokens from restaking protocols leveraging Pendle to improve their yields. Ethereum continues consolidating as Q1 results show massive growth for the largest altcoin Ethereum (ETH) sustained its consolidating movement for the second day on Thursday, trading above $3,300 after crashing earlier in the wee

 

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