🤔 The Fed's Christopher Waller urged policymakers and bankers to stop fearing DeFi and stablecoins, saying they will drive the next wave of innovation in the US payments system. cointelegraph
📈 Cryptocurrency token buybacks hit $40 million a week as protocols replicate corporate buyback scheme. theblock
🔍🐳 Whale Transactions:
1. US Government Wallets received 76.56 ETH ($332k) from Coinbase and currently holds 65,232 ETH ($281m);
2. 0x17E0 bought 5,001 ETH ($21.76 million) at $4352 - at a lower price than his last sale;
3. BTC OG, owning 14,837 #BTC ($1.69 billion), sold 670.1 BTC ($76 million) and opened longs for 68,130 ETH ($295 million).
1. US Government Wallets received 76.56 ETH ($332k) from Coinbase and currently holds 65,232 ETH ($281m);
2. 0x17E0 bought 5,001 ETH ($21.76 million) at $4352 - at a lower price than his last sale;
3. BTC OG, owning 14,837 #BTC ($1.69 billion), sold 670.1 BTC ($76 million) and opened longs for 68,130 ETH ($295 million).
🤔 #BTC Eric Trump suggests that a certain country may have bought 200,000 BTC worth $22 billion without telling anyone.
🔮 #BTC CIO Bitwise predicts BTC to grow at 30% per year over the next decade. If true, BTC will be worth over $1.4 million by 2035.
📈 #ETH Ethereum treasuries in 69 organizations have surpassed 4 million ETH, valued at over $17 billion. theblock
💰 RWA exchange DigiFT raises $11 million in a new round led by SBI Holdings, bringing its total funding to $25 million. theblock.co
👍 TRM Labs along with Coinbase, Binance and others have launched Beacon Network to track and freeze stolen cryptocurrencies. cointelegraph
💸 #BTC Over the last 24 hours, ~$345 million worth of contracts have been liquidated, of which longs have liquidated ~$126 million and shorts ~$219 million.
🆕🎰 Today, Kanye West launched the #YZY token (contract), which reached a $3 billion capitalization in half an hour before dropping to $1 billion.
Insider 6MNWV8 knew the address of the contract in advance and even tried to buy yesterday. He spent 450,611 #USDC to buy 1.29M YZY at $0.35 today and sold 1.04M YZY for $1.39M, leaving $249,907 #YZY ($600k) at a >$1.5M profit.
Another insider 2DNb2C bought the wrong YZY yesterday and lost $710k, but today he spent 761k USDC on the real YZY and made a profit of >$710k.
💸 However, many traders suffered losses:
1. 6ZFnRH spent 1.55m #USDC to buy 996,453 YZY at $1.56 and then sold for 1.05m USDC at $1.06, losing $500k in less than 2 hours;
2. 0x68c0 opened a YZY long three times and lost a combined >$200,000.
Insider 6MNWV8 knew the address of the contract in advance and even tried to buy yesterday. He spent 450,611 #USDC to buy 1.29M YZY at $0.35 today and sold 1.04M YZY for $1.39M, leaving $249,907 #YZY ($600k) at a >$1.5M profit.
Another insider 2DNb2C bought the wrong YZY yesterday and lost $710k, but today he spent 761k USDC on the real YZY and made a profit of >$710k.
💸 However, many traders suffered losses:
1. 6ZFnRH spent 1.55m #USDC to buy 996,453 YZY at $1.56 and then sold for 1.05m USDC at $1.06, losing $500k in less than 2 hours;
2. 0x68c0 opened a YZY long three times and lost a combined >$200,000.
📊👀 #BNB Binance Wallet holds 95% of swap volume among crypto wallets
Binance Alpha has completed over 100 airdrops, distributing 140M+ tokens worth about $6,696 per user on average, triggering a huge spike in activity.
Binance Alpha has completed over 100 airdrops, distributing 140M+ tokens worth about $6,696 per user on average, triggering a huge spike in activity.
🕵️♂️ #YZY Machi Big Brother opened a 3x leveraged long on YZY, with a position of 570,000 YZY ($613.8K).
📈🤔 #BTC CQ: Binance Taker Buy Sell Ratio Flashes a Buy Signal
The market often tends to move against the majority, and we can see this here. Each time this ratio dropped significantly, it turned out to create attractive contrarian buying opportunities.