โ ๏ธ Paying Iran in crypto could trigger serious sanctions violations for shipping firms, per Chainalysis. #tradewars
๐ต๏ธ Arthur Hayes Buys Another $1.1 Million in HYPE
According to Lookonchain, Arthur Hayes bought another 26,022 HYPE yesterday for about $1.1M, marking his first HYPE purchase in nearly three months. He now holds 247,334 HYPE worth approximately $10.44M, with unrealized gains exceeding $2.5M. Bitwise is also advancing its Hyperliquid index ETF filing. #etf
According to Lookonchain, Arthur Hayes bought another 26,022 HYPE yesterday for about $1.1M, marking his first HYPE purchase in nearly three months. He now holds 247,334 HYPE worth approximately $10.44M, with unrealized gains exceeding $2.5M. Bitwise is also advancing its Hyperliquid index ETF filing. #etf
๐ธ $115,000,000 liquidated from the crypto market in the past 60 minutes.
๐ฐ Morpho borrowers paid about $170M in interest over the past year. At a 10% take rate, this implies roughly $17M in annualized revenue against a $1.7B valuation. In comparison, Aave is generating about $140M in annualized revenue at a $1.5B valuation.
๐ต๏ธ Chainalysis: Stablecoin Economic Volume Could Reach $719T by 2035
According to a new report from Chainalysis, the inflation-adjusted real economic transaction volume of stablecoins could grow from $28 trillion in 2025 to $719 trillion by 2035. Upside potential could approach $1.5 quadrillion under additional macro catalysts.
The report highlights an estimated $100 trillion global intergenerational wealth transfer beginning in 2028 as a key driver, with millennials and Gen Z showing significantly higher adoption of crypto assets. It also projects that stablecoin payment processing volume could reach parity with traditional networks such as Visa between 2031 and 2039. #stablecoin
According to a new report from Chainalysis, the inflation-adjusted real economic transaction volume of stablecoins could grow from $28 trillion in 2025 to $719 trillion by 2035. Upside potential could approach $1.5 quadrillion under additional macro catalysts.
The report highlights an estimated $100 trillion global intergenerational wealth transfer beginning in 2028 as a key driver, with millennials and Gen Z showing significantly higher adoption of crypto assets. It also projects that stablecoin payment processing volume could reach parity with traditional networks such as Visa between 2031 and 2039. #stablecoin
๐บ๐ธ๐ฎ CFTC Chairman Backs Polymarket: Sometimes More Accurate Than Polls
CFTC Chairman Michael Selig argues that prediction markets are a vital tool for debunking fake news, noting they proved more accurate than traditional polling during the 2024 election.
He emphasizes the need for US regulatory guardrails to foster domestic innovation and prevent jobs from moving offshore. Selig further highlights that unlike casinos where players bet against the house, prediction markets provide legitimate financial value through essential investor protections like order books. #regulation
CFTC Chairman Michael Selig argues that prediction markets are a vital tool for debunking fake news, noting they proved more accurate than traditional polling during the 2024 election.
He emphasizes the need for US regulatory guardrails to foster domestic innovation and prevent jobs from moving offshore. Selig further highlights that unlike casinos where players bet against the house, prediction markets provide legitimate financial value through essential investor protections like order books. #regulation
๐1