๐๐ฐ #HYPE Lion Group Holding is creating a $600 million cryptocurrency treasury reserve, with the Hyperliquid token (HYPE) as the main asset. cointelegraph
๐ Top 10 Chains by Fully Diluted Valuation
#HYPE Hyperliquid has risen to become the 4th largest chain by fully diluted valuation, trailing only Ethereum, BNB, and Solana. Despite having no VC backing, Hyperliquid has succeeded through strong product-market fit, a community-first approach, and a buyback-driven tokenomics model.
#HYPE Hyperliquid has risen to become the 4th largest chain by fully diluted valuation, trailing only Ethereum, BNB, and Solana. Despite having no VC backing, Hyperliquid has succeeded through strong product-market fit, a community-first approach, and a buyback-driven tokenomics model.
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๐ฅณ #ACH Alchemy Pay will launch Alchemy Chain in the fourth quarter and plans to issue its own stablecoin.
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๐จ Forbes: A record-breaking 16 billion fresh logins and passwords have been leaked via malware attacks, exposing accounts from Apple, Facebook, Google, GitHub, Telegram, and even government services โ with structured databases now being sold on the darknet.
๐ Change your passwords, enable 2FA, and avoid reusing credentials across platforms.
๐ Change your passwords, enable 2FA, and avoid reusing credentials across platforms.
๐ณ Visa has expanded its stablecoin capabilities across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region. coindesk
๐ Glassnode notes that #XRP investors have been actively realizing gains since early June.
๐ #ETH Santiment: The utility and growth of the Ethereum network continues to skyrocket. The number of new weekly ETH addresses created is between 800k and 1 million per week, up from about a third less last year.
๐ #BTC Glassnode Report:
- Network activity shows a decline in the number of transactions, with the average transaction size increasing significantly, indicating that institutional or wealthy participants are increasingly dominating activity on the network;
- Commission pressure remains subdued, with minimal demand for blockchain space, despite BTC trading near all-time highs, representing a marked divergence from previous cycles where periods of elevated prices typically coincided with commission peaks due to congestion and increased network utilization;
- Activity is increasingly shifting to offchain venues and CEXs now control the majority of trading volume, with futures markets in particular leading this shift.
- Network activity shows a decline in the number of transactions, with the average transaction size increasing significantly, indicating that institutional or wealthy participants are increasingly dominating activity on the network;
- Commission pressure remains subdued, with minimal demand for blockchain space, despite BTC trading near all-time highs, representing a marked divergence from previous cycles where periods of elevated prices typically coincided with commission peaks due to congestion and increased network utilization;
- Activity is increasingly shifting to offchain venues and CEXs now control the majority of trading volume, with futures markets in particular leading this shift.
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๐ฃ #BTC Mexican billionaire Ricardo Salinas claims that Bitcoin could surpass the gold reserve of $16 trillion, which is eight times higher than today's level.
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๐ฐ๐โโ๏ธ #BTC Semler Scientific announced a three-year plan to buy 105,000 BTC. prnewswire
๐ธ๐ปโ๏ธ #BTC El Salvadorโs main international airport now lets you swap $BTC for USD at dedicated kiosks โ no app needed, just scan and go.
๐ Top Institutional HODLers
Public companies now collectively hold over 830K #BTC, with Strategy alone controlling over 590K. As Bitcoin adoption deepens, these institutions are becoming critical players in the assetโs long-term stability and narrative.
Public companies now collectively hold over 830K #BTC, with Strategy alone controlling over 590K. As Bitcoin adoption deepens, these institutions are becoming critical players in the assetโs long-term stability and narrative.
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๐ฃ #COIN Coinbase has launched Coinbase Payments, a #USDC-on-Base checkout system now live on Shopify that enables stablecoin payments with card-like authorization, capture, refunds and escrow via onโchain smart contracts.
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๐ค Revolut is actively exploring creating its own stablecoin, sources told Decrypt
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