πΊπΈπ§βπ» #MGUSD #XLM MoneyGram launches MGUSD, a U.S. dollar stablecoin built on Stellar. #stablecoin
πΈ Pension-usdt.eth is truly a legendary trader!
Two months ago, he got trapped in his #BTC and #ETH short positions, with unrealized losses peaking at over $20M.
Five days ago, his $ETH short finally turned profitable, and he closed with a $1.13M profit.
Now, his 1,400 $BTC ($97.15M) short is also back in profit.
Two months ago, he got trapped in his #BTC and #ETH short positions, with unrealized losses peaking at over $20M.
Five days ago, his $ETH short finally turned profitable, and he closed with a $1.13M profit.
Now, his 1,400 $BTC ($97.15M) short is also back in profit.
π #BTC #ETH DWF Labs that global stablecoin velocity has reached a record annualized 49.7x, driven by increasing real-world use in remittances and B2B/B2C payments. In contrast, spot crypto ETFs are experiencing capital retreat, with Bitcoin ETFs seeing $6.6 billion in cumulative outflows over the past three quarters, while Ethereum ETFs are struggling to attract new institutional inflows. #etf
π΅οΈ 500,000,000 $USDT (499,615,000 USD) transferred from Binance to Tether Treasury.
π¦ #BTC Public company Strive purchases 2,500 Bitcoin for $185.2 million!
π½ #TRX Securitize announced the launch of the tokenized fund Senior Credit Opportunities Fund ("HLSCOPE") by Hamilton Lane (Nasdaq: HLNE) on the TRON blockchain.
π US Spot ETF flows have swung back to persistent net outflows, with the 7-day average now near the weakest levels of the cycle.
The shift in flows has coincided with $BTC retracing from $82K to $69K, highlighting materially softer demand. #etf
The shift in flows has coincided with $BTC retracing from $82K to $69K, highlighting materially softer demand. #etf
πΈ #BTC At $69.5K, LTH Relative Unrealized Loss sits at 15.5%. For every dollar long-term holders' bags are worth today, they are carrying roughly 15 cents in unrealized loss. Although stress is present, the long-term holder base remains far from the levels of pain that have historically marked cycle lows.
π Franklin Templeton integrates its tokenized money market fund BENJI and other tokenized products into MoonPay Trade.
πΊπΈπ USA - Job Openings and Labor Turnover Survey (JOLTS) = 7.618 million (expected 6.86 million / previously 6.866 million) #macro