π½π¦ US regulators approve Erebor Bank, the Peter Thiel-backed cryptobank
π #SAROS #SOL CEO Saros: How BTC, real assets (#RWA) and stablecoins will form a new chapter in the Solana capital market and drive the next wave of blockchain growth - https://blog.saros.xyz/p/building-internet-capital-markets
In the last month, $70 million in BTC has flowed into Solana via Saros. Twitter
In the last month, $70 million in BTC has flowed into Solana via Saros. Twitter
π₯³ Polymarket launches stock markets with up/down betting options, allowing users to bet on stock prices.
π°π #BNB The first payments to victims of liquidations on Binance have begun.
- Binance paid over $80 million to users after the USDe lost its peg.
- They are refunding $400 million to those who got liquidated.
- BNB Chain is refunding $45 million to users who lost money trading memecoins.
- Binance paid over $80 million to users after the USDe lost its peg.
- They are refunding $400 million to those who got liquidated.
- BNB Chain is refunding $45 million to users who lost money trading memecoins.
β οΈπ΄ββ οΈ #SUI Typus Finance (Sui ecosystem) attacked via oracle vulnerability, all contracts urgently suspended
π¦π Sony Bank has applied for a cryptocurrency banking license to issue stablecoins and provide custody services through its subsidiary Connectia Trust.
ππ€ #BTC CQ: Until a significant discount appears on the market to stimulate buying, potential growth will be sluggish, followed by a dump at new ATH.
On futures, after long positions are reduced by > $10 billion, traders will start returning when the price becomes attractive for entry again and when enough short positions accumulate that can be used to pump the price.
Need to go down and shake up the market
On futures, after long positions are reduced by > $10 billion, traders will start returning when the price becomes attractive for entry again and when enough short positions accumulate that can be used to pump the price.
Need to go down and shake up the market
π±1
ππ #BTC Glassnode: Blockchain data shows continued distribution of long-term holders since July and weakening ETF inflows (-2.3k BTC this week), indicating weaker institutional demand. Meanwhile, spot markets saw a sharp but orderly sell-off, with selling on Binance partially offset by buying on Coinbase.
πΊπΈπ #macro Fed Beige Book:
- Economic activity was little changed overall since the previous report;
- Employment has been broadly stable in recent weeks, and labor demand across counties and sectors has been generally subdued;
- In some districts duties have added to the pressure on inflation.
- Economic activity was little changed overall since the previous report;
- Employment has been broadly stable in recent weeks, and labor demand across counties and sectors has been generally subdued;
- In some districts duties have added to the pressure on inflation.
π§ Kaiko Research: As professional market makers and algorithmic traders pulled liquidity to mitigate risk, Binanceβs spot market became the source of a temporary but severe deviation from the broader market.
Because Binance priced the collateral for some of its derivatives products off of its spot market the local dislocation directly affected collateral valuations and margin positions.
Because Binance priced the collateral for some of its derivatives products off of its spot market the local dislocation directly affected collateral valuations and margin positions.
π³π #BTC Santiment: Whales and sharks have sold 17,554 BTC in the last 2 days
π½π #WLFI Eric Trump confirmed plans to tokenize real estate with World Liberty Financial and USD1. coindesk.com