🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Sky Q1 reported a loss of $5 million due to a 102% rise in incentive USDS interest expenses.
Golden Finance reports that, according to a report compiled by contributors from Steakhouse Financial, Sky (formerly MakerDAO) lost 5 million dollars in the first quarter of this year due to the doubling of Interest paid to Token holders. This loss contrasts sharply with the previous quarter, when Sky posted a profit of $31 million. The primary reason for the 102% increase in interest expenses is that Sky decided to drive users to adopt its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing DAI.