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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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๐๐ Stablecoins amount to 1.1% of the US dollar supply
Many stablecoin startups will contribute to this ratio getting closer to 100%. #stablecoin
Many stablecoin startups will contribute to this ratio getting closer to 100%. #stablecoin
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๐ฐ๐ทโ๏ธ #BTC #ETF South Korean authorities unveiled a roadmap for approving cryptocurrency ETFs. theblock.co
๐ฉ #BTC XBTO and Arab Bank Switzerland launch BTC yield product for institutional clients. cointelegraph
๐ #BTC Santiment: wallets with 10+ BTC increased by +231 wallets in 10 days (+0.15%), while wallets with 0.001 to 10 BTC decreased by -37,465 wallets in 10 days. Historically, this is a bullish sign.
๐บ๐ธ๐ฎ Polymarket estimates the likelihood of the U.S. stackcoin bill passing at 89%. cointelegraph
๐๐ณ Whale Transactions:
1. Whale borrowed 10 million #USDT from Aave to buy 3983 #ETH at ~$2510.
2. The trader is currently holding longs in #BTC, #ETH, #SOL, and #LINK. Over the past month, he has made 29 longs - all profitable - for a total profit of over $2.3 million. But now his current positions are at a loss of over $2.3 million.
1. Whale borrowed 10 million #USDT from Aave to buy 3983 #ETH at ~$2510.
2. The trader is currently holding longs in #BTC, #ETH, #SOL, and #LINK. Over the past month, he has made 29 longs - all profitable - for a total profit of over $2.3 million. But now his current positions are at a loss of over $2.3 million.
๐บ๐ธ Arizona Senate considers bill to create a reserve from confiscated cryptocurrencies. theblock.co
๐ญ๐ฐ Animoca Brands plans to form a joint venture with Standard Chartered Bank and HKT to prepare for the Hong Kong stablecoin. nbd
๐ค Andrey Grachev: I think we should create another company that will only deal with loans and mortgages against cryptocurrency collateral.
๐๐ค CQ: New money is drying up in #BTC
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to โ2M BTC, the worst on record.
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to โ2M BTC, the worst on record.
๐ 38 entities have raised their strategic #ETH reserve to $3 billion, holding a total of 1.19M ETH โ nearly 1% of the total supply.
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๐บ๐ธ๐ซ #TRX Justin Sun and Bo Hines held a meeting
Discussed the role of TRON and blockchain in advancing US cryptocurrency leadership and the GENIUS bill.
Discussed the role of TRON and blockchain in advancing US cryptocurrency leadership and the GENIUS bill.
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๐ Blockdaemon announced the launch of their DeFi and Earn Stack service for Institutionalists. cointelegraph
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โโ๏ธ #JUP Jupiter DEX will suspend DAO votes until the end of 2025, referring to structural problems and intending to return with a more unified management model in 2026. coindesk
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