DBS launches tokenized crypto-linked notes on Ethereum for institutional investors
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Daily top performer — Aave (AAVE)
The S&P 500 dipped 0.4% amid rate cut uncertainty and retail sector weakness, led by Walmart’s earnings miss. Gold dipped 0.30% to $3,339 amid mixed US data and hawkish Fed signals, with traders awaiting Powell’s Jackson Hole speech. Rising yields and fading rate-cut hopes kept XAU/USD below key resistance at $3,350. The Coindesk Indices, which tracks the broader crypto market, fell 1.35%, with Bitcoin and Ether down 1.87% and 2.68%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is AAVE, up 2.4% following the launch of Aave V3 on Aptos, its first non-EVM deployment featuring a full Move rewrite and enhanced security measures.