๐ค #USDC Circle is exploring the possibility of "reversible" transactions. The CEO said the sector should learn from traditional financial experiences and allow refunds in cases of fraud or disputes. ft
๐ฐ #SOL Honeycomb Protocol acquired Gameshow from Solana Labs. blockworks
๐ผ๐ธ #NFT The Akio project has completed an initial $5 million funding round led by Pantera Capital.
๐โโ๐ Cloudflare unveiled Netdollar, an inter-network transaction-oriented stablecoin.
๐๐ Glassnode Report: #BTC is showing signs of depletion. Long-term holders saw gains of 3.4 million BTC, while inflows into ETFs slowed. With stressed spot and futures markets, the $111k basis value of short-term holders is a key level to hold BTC, otherwise the risk of an even bigger fall is higher.
๐ต๏ธโโ๏ธ #ETH Jeffrey Wilke, co-founder of Ethereum, transferred another 1,500 ETH ($5.99 million) to Kraken.
๐ค #MYRO Myro cheered MYRO up a bit by posting a tweet announcing the launch of a "monthly six to seven figure token buyback" but immediately deleted it.
๐ณ #XPL Whale spent $571.8K on XPL public sale, buying 11.44M XPL at $0.05. Profit now exceeds $11M, a massive 19x return! plasmascan.to
๐๐ #BTC Notable bids at $109,188 | $109,088 | $108,088 with ~325โ328 BTC each.
Such clusters often act as strong support zones โ but if they get pulled, price could slide fast.
Such clusters often act as strong support zones โ but if they get pulled, price could slide fast.
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๐ฐ๐ผ #BTC River: 63.6% of businesses treat Bitcoin as permanent portfolio allocation with no sell plans.
Rebalancing strategies account for only 24.7%, and static holdings just 6.5%, signalling deep institutional conviction.
Rebalancing strategies account for only 24.7%, and static holdings just 6.5%, signalling deep institutional conviction.
๐ต #USDC Circle minted $750M USDC. Circle has minted $1B USDC on Solana in the last 24 hours.
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๐บ๐ธ๐ค SEC Chair Atkins vows to address crypto conflicts of interest, emphasizing enforcement of laws as necessary. theblock
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๐๐ #BTC CQ: The past 48 hours have been scorching. As noted, Short-Term Holders are capitulating. Over 60,000 BTC have been sent to exchanges at a loss in that window.
Thatโs a clear sign of heavy stress across the market.
Thatโs a clear sign of heavy stress across the market.
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