Cryptocurrency
Aave Sees $200M Weekly Increase in cbBTC Inflows, But There’s a Catch

The Ethereum-based cryptocurrency lending protocol Aave is witnessing a rapid increase in Coinbase Wrapped Bitcoin (cbBTC) flows into its platform due to a new incentives program involving the asset.
While this reflects growing liquidity and rising adoption of the wrapped Bitcoin product on Aave, the market analytics platform IntoTheBlock says it poses a risk to users. According to an IntoTheBlock tweet, users may be temporarily unable to repay their loans on Aave if the situation goes sideways.
cbBTC Increases $200M Weekly on Aave
Earlier this year, Aave launched Merit, a system designed to reward users participating in activities on the platform. Some actions that can earn them incentives from the program include holding stkGHO, the staked version of Aave’s algorithmic dollar-pegged stablecoin, GHO, and borrowing USD Coin (USDC) on Base, the crypto exchange Coinbase’s Ethereum-based layer-2 protocol.
In mid-August, the Aave decentralized autonomous organization (DAO) implemented the Merit incentive program on Base, aiming to reward users contributing to the growth of the Aave ecosystem on the L2.
As Coinbase prepared to launch cbBTC in mid-September, Aave submitted another proposal to onboard the wrapped token using its protocol.
Roughly a month after cbBTC’s launch, an Aave DAO service provider revealed that the protocol housed about 56% of all cbBTC in circulation. The tweet also disclosed that Aave would be launching a new Merit program for cbBTC, and users could earn rewards by using the wrapped token as collateral to borrow USDC, migrating Tether (USDT) debt to USDC, and switching from BitGo’s Wrapped Bitcoin (WBTC) to cbBTC.
The Catch
Since the Aave DAO launched the cbBTC Merit program on October 24, the amount of the wrapped token on the protocol has increased by 2,700 BTC worth roughly $200 million, bringing the total cbBTC on the network to 7,500 BTC out of the 11,885 tokens in circulation. This growth has also catapulted cbBTC to the fourth largest asset for borrowing USDC, causing the token to account for 12% of all collateral.
IntoTheBlock explained that this development opened a strategy of “lend cbBTC -> borrow USDC -> lend USDC,” resulting in the share of recursively deposited USDC debt increasing by 2% and even 7% at some point.
This growth, while somewhat remarkable, puts users at risk because the sudden exit of a USDC supply whale from the market could make users unable to unwind their trades if they need to repay the loans.
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Cryptocurrency
BONK Explodes by 20% Daily as Bitcoin (BTC) Remains Solid at $108K: Weekend Watch

Bitcoin’s stagnation continues as the asset has made little to no attempt to move away from the $108,000 level.
While most larger-cap alts have produced insignificant gains, TON and BONK have emerged as the biggest gainers on a relatively calm Sunday morning.
BTC Calm at $108K
It has been a quiet period for the primary cryptocurrency. In fact, the latest major price moves came about two weeks ago – on June 23 and 24 – when it dumped to $98,000 before it soared past $105,000 a day later as the Middle East war was going rampantly.
Ever since then, though, the asset has been stuck in a tight trading range between $105,000 and $110,000. It tested the lower boundary on Wednesday, where the bulls stepped up and pushed it south toward the upper one.
On Thursday, BTC showed signs of a breakout attempt when it spiked to a multi-week peak of $110,500, but the bears stepped up at this point and didn’t allow a surge to a new all-time high.
The landscape has been somewhat unchanged since then, as bitcoin quickly returned to $108,000 and has not moved from that level for a few days. Its market capitalization stands strong at $2.150 trillion, while its dominance over the alts is at over 63% on CG.
BONK on the Run
As the graph below will demonstrate, most larger-cap alts are slightly in the green on a daily scale. Such minor increases are evident from the likes of ETH, BNB, SOL, TRX, DOGE, ADA, BCH, LINK, and XRP. In contrast, HYPE and PI have lost some traction over the past 24 hours.
The biggest gainers are TON and BONK. The former has risen by over 9% and sits at $3, while the meme coin has exploded by 20% and now trades at $0.000022.
The cumulative market cap of all crypto assets has remained relatively stable at $3.4 trillion on CG.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
We Asked 4 AIs How High Ripple (XRP) Will Go in 2025: The Answers Might Shock You

TL;DR
- Ripple’s price actions are a big prediction topic within the cryptocurrency community, with analysts and believers rushing to offer their insights and forecasts.
- However, we decided to take a different approach this time and asked four of the biggest AI chatbots (ChatGPT, Perplexity, Grok, and Gemini) about their take on the matter.
2025 Price Targets
All four AI solutions seemed very coherent about XRP’s price potential this year, as Perplexity explained it:
“Ripple’s (XRP) price in 2025 is broadly expected to rise significantly from current levels, with expert forecasts varying but generally bullish.”
Although Ripple’s cross-border token has stalled in the past few months and is actually slightly in the red since the start of the year, all AIs had similar conclusions about its price moves until the end of the year.
ChatGPT laid out three potential scenarios, with the conservative one being at $3.4, which would match the asset’s all-time (and yearly) high. The optimistic is set at $5-$6, and the “aggressive forecasts” put the token at $10-$15 by the end of the year.
Google’s Gemini had similar ideas in mind, saying that “a realistic high could be in the $5-$10 range.” Perplexity also joined the $5-$10 club, which could be reached under “favorable conditions” (more on that later).
Grok was slightly more specific and was the only one that said XRP can finish the year lower than its current price tag. It noted that a “realistic price range” for the asset this year is somewhere between $1.8 and $5.81. Although that’s a pretty wide range, it concluded that the most likely peak will come somewhere between $3 and $4.5.
The Favorable Conditions
When it came down to outlining the factors that could impact XRP’s price moves this year, the AIs were once again aligned in their answers. First, they mentioned regulatory clarity and the official conclusion of the lawsuit against the SEC.
Although Ripple CEO Brad Garlinghouse stated in March that the case had been resolved and there had been several developments on the matter, the judge overseeing the case has yet to agree fully.
Second, the AIs brought up institutional adoption and bullish partnerships, such as those with Santander, SBI Holdings, and others. A spot XRP ETF will also play a significant role in the asset’s price trajectory this year, if approved, said the chatbots. According to ETF experts, the current odds stand at nearly 100%.
Lastly, the AI solutions highlighted the overall crypto market trends:
“Bitcoin’s post-halving performance and a pro-crypto U.S. administration under President Trump could fuel bullish sentiment across the crypto market, benefiting XRP,” – answered Grok, which was similar to what the others had to say.
Despite these bullish predictions for 2025, all four chatbots clarified that these are just that – speculative forecasts that might or might not come to fruition. Investors should do their own research before allocating funds to any cryptocurrency (or other asset, for that matter).
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Cryptocurrency
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

If pseudonymous analyst Weslad is to be believed, Ethereum (ETH) is caught in a tug-of-war between wildly differing futures: a historic surge past $6,000 or a soul-sapping plunge to $1,800.
The market technician claims that ETH is completing a massive ABCDE wave structure within a years-long “symmetrical pennant,” which can only mean one thing: explosion.
The Roaring Bull Case
In a recent breakdown, Weslad explained that Ethereum’s price action since its $4,851 all-time high has formed a giant consolidation pattern. According to him, this structure is now approaching a critical inflection point known as wave D, testing its upper boundary.
At the same time, a bullish Inverse Head and Shoulders (IH&S) pattern is emerging on the daily chart, with its neckline acting as stubborn resistance near $2,855.
This technical confluence suggests a coiled spring ready to unleash tremendous energy into the market, leading the analyst to state unequivocally:
“A confirmed breakout above the neckline [$2,855] would likely validate both the IH&S and the breakout from wave D, setting the stage for a potential expansion move toward the $6,000 target and beyond.”
Weslad’s audacious target found an ally in fellow strategist Jeremy Fielder, who declared in a video posted on X:
“We’re looking at $6,500 Ethereum by the end of the year and then a possible 10,000 Ethereum in early next year… Regulation is now pro-crypto. That’s all you need to know.”
He based his argument on the accelerating adoption of Web3 and a favorable regulatory shift, dismissing granular metrics in favor of a sweeping bullish tide.
While not as lofty a milestone as Weslad’s and Fielder’s, market watcher Titan of Crypto’s $4,100 target is not far off the ballpark. His thesis is hinged on Ethereum’s successful recovery back inside its crucial weekly trading range, noting that momentum is building towards the range high.
Looming Bear Trap
But don’t celebrate just yet. Weslad’s otherwise bullish analysis also comes with a stark warning for the downside scenario. He suggested that if ETH faces rejection at the critical $2,855 neckline resistance or the upper boundary of the pennant, a retracement into wave E becomes highly probable.
According to him, this trajectory would drag the price down towards a “high-confluence demand zone” spanning $1,400 to $1,800. That’s a potential 40% collapse from current levels.
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