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Bitcoin Rises for a Fifth Day; DeFi Platform Nears $1B in Total Value Locked

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin (BTC) is rising for a fifth day, surpassing the $47,000 mark early on Friday. Pendle has almost reached $1 billion in total value locked, with most of that value locked in within the last six months. And, crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.

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