Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, a report from TRM Labs has revealed an uptick in decentralized finance (DeFi) usage from Yemenis amid US sanctions targeting the Houthi “terrorist” group. US President Donald Trump slammed the Federal Reserve chair for delaying rate cuts, and CoinGecko says investor focus remains on memecoins and AI in early 2025.
Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization.
DeFi platforms account for most of Yemen’s crypto-related web traffic, taking up over 63% of observed activity, while global centralized exchanges account for 18% of crypto-related web traffic, TRM Labs data shows.
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