JUST IN: 🇺🇸 Fed's Goolsbee says he's projecting more rate cuts than the median for 2026.
📊💸 If #BTC reaches 96K dollars, more than 4.5 billion dollars in short positions would be liquidated.
JUST IN: 🇺🇸 President Trump says interest rates should be 1% or lower next year.
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🇦🇪🏦 ADNOC will accept AE Coin stablecoin payments at nearly 980 service stations across the UAE, Saudi Arabia, and Egypt. This includes services such as fuel, convenience store purchases, and car washes. AE Coin is the UAE's first stablecoin licensed by the Central Bank, pegged 1:1 to the AED. #stablecoin link
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Money is rotating from Bitcoin to ETH
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JUST IN: 🇬🇧 UK to create new rules to "police" cryptocurrency markets, The Guardian reports.
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JUST IN: 🇺🇸 President Trump says inflation is "totally neutralized."
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🇺🇸 Trump's nominee for Fed chairman, Kevin Hassett, said decisions on interest rate cuts are made by the Fed's board of directors and will not be influenced by Trump. cointelegraph
🔍🐳 Whale Transactions:
1. 66kETHBorrow, who previously bought 489,696 #ETH ($1.5 billion), started buying ETH again. He borrowed 85 million #USDT from Aave, then withdrew 38,576 #ETH ($119.3 million) from Binance;
2. 0x7BB8, supposedly affiliated with Matrixport, withdrew 3 million #ASTER ($2.84 million) from Binance;
3. vitalik.eth sold 1,400 #UNI ($7.48k), 10,000 #KNC ($2.47k), and 40 trillion #DINU for a total of 16,796 #USDC;
4. pension-usdt.eth closed shorted 1,000 #BTC ($89.6 million) for a profit of $960k and then opened a long of 358.86 #BTC ($32.2 million). The total profit now stands at $23.2 million.
1. 66kETHBorrow, who previously bought 489,696 #ETH ($1.5 billion), started buying ETH again. He borrowed 85 million #USDT from Aave, then withdrew 38,576 #ETH ($119.3 million) from Binance;
2. 0x7BB8, supposedly affiliated with Matrixport, withdrew 3 million #ASTER ($2.84 million) from Binance;
3. vitalik.eth sold 1,400 #UNI ($7.48k), 10,000 #KNC ($2.47k), and 40 trillion #DINU for a total of 16,796 #USDC;
4. pension-usdt.eth closed shorted 1,000 #BTC ($89.6 million) for a profit of $960k and then opened a long of 358.86 #BTC ($32.2 million). The total profit now stands at $23.2 million.
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💸 #BTC Over the last 24 hours, ~$289M contracts have been liquidated, of which longs have liquidated ~$230M and shorts ~$58M.
JUST IN: 🇺🇸 PayPal $PYPL submits application to become a US bank.