π»π³π According to Reuters, Vietnam plans to draft new rules banning citizens from trading on overseas crypto platforms like Binance and OKX. The country aims to launch a pilot program for local compliant exchanges as early as this month. A Ministry of Finance document reveals that five companies, including affiliates of Techcombank, VPBank, LPBank, brokerage VIX Securities, and conglomerate Sun Group, have passed the initial screening. Chainalysis data indicates that Vietnam ranks 4th globally in crypto adoption, with annual trading volume exceeding $200 billion.
πΈ #BTC mining company Cango reported a net loss of $452.8 million in its first year of operation as a mining company, according to The Block.
π #PYPL PayPal Expands Stablecoin Access to 68 More Countries #stablecoin
π΅οΈ 500,000,000 #USDT (499,890,000 USD) transferred from Binance to Tether Treasury
π #XRP Santiment: XRP Ledger now has more than 7.7M holders (non-empty wallets) for the first time in its 13+ year history, as its usage continues to grow.
ππ€ #BTC Bitcoin priceβopen interest divergence, signaling potential downside. If this lack of bullish positioning in the futures market continues, the current move could turn into a bull trap.
π΅οΈ 500,000,000 #USDT (499,997,000 USD) transferred from Tether Treasury to Binance
πΊπΈπ #macro USA - ADP Nonfarm Employment (week) = +9k (expected β / prior +15.5k)
π³ Mastercard is set to acquire stablecoin infrastructure firm BVNK for up to $1.8B. #stablecoin
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ππ #BTC The Cycle Extremes Index has reached 67.7% - entering the Bear Extreme zone
Bitcoin is now trading 40% below its ATH. The indicator shows an extreme bearish deviation across on-chain metrics - historically, levels like this have aligned more often with accumulation zones than with continued downside. As long as no black swan event hits the market.
Bitcoin is now trading 40% below its ATH. The indicator shows an extreme bearish deviation across on-chain metrics - historically, levels like this have aligned more often with accumulation zones than with continued downside. As long as no black swan event hits the market.
π΅οΈ 500,000,000 #USDT (500,032,500 USD) transferred from Tether Treasury to Binance
πΊπΈπ¦ #ZK Group of regional banks in the US is developing Cari Network, a platform for tokenized deposits built on ZKsync.
π΅οΈ Michael Saylor's strategy could surpass BlackRock's #BTC holdings in the next couple of weeks.
π΅οΈ Crypto exchanges are evolving from mere gambling venues to essential components of the financial infrastructure.
BitMart Global CEO Nenter Chow emphasizes that the industry is experiencing a significant shift, moving beyond speculation to real utility and financial plumbing, fueled by institutional adoption, clear regulation, stablecoins, and tokenization. #stablecoin
BitMart Global CEO Nenter Chow emphasizes that the industry is experiencing a significant shift, moving beyond speculation to real utility and financial plumbing, fueled by institutional adoption, clear regulation, stablecoins, and tokenization. #stablecoin