โ๏ธ In a report by Decta, the market capitalization of euro-denominated stablecoins doubled one year after the June 2024 rules took effect. #EURS, #EURC and #EURCV led the growth. Monthly transaction volume grew from $383 million to $3.8 billion (~9x).
Despite this, euro-stablecoins have a capitalization of ~$680 million, well below the $300 billion of US dollar pegged stablecoins. coindesk
Despite this, euro-stablecoins have a capitalization of ~$680 million, well below the $300 billion of US dollar pegged stablecoins. coindesk
๐ฐ๐ท๐น South Korea plans to introduce regulations that would require crypto exchanges to compensate customers for losses resulting from hacks or system failures, even if the platform is not at fault. cointelegraph #regulation
๐๐ US is the only net buyer of #BTC now. EU and Asia have now become the net sellers.
๐ According to Crypto Koryo, only four L1 tokens are up this year โ #BCH, #BNB, #HYPE, and #TRX โ with BCH gaining nearly 40%. BCHโs strength may come from its fully circulating supply with no VC sell pressure, plus speculation around ETF potential and its relatively stable liquidity and volatility.
๐ต๏ธโโ๏ธ #SYRUP Arkham: A wallet associated with Wintermute has withdrawn $5.2 million dollars worth of SYRUP from exchanges in the past two weeks.
Forwarded from Elite Trade Signals โ Crypto | Forex | Gold
โAs expected, after sweeping the buyside liquidity, the price is likely to retrace toward the OTE levels. With proper confirmations at those OTE levels, a long position can be anticipated.โ
#LUNC #Crypto #SignalsToday
@Signals2day
#LUNC #Crypto #SignalsToday
@Signals2day
Forwarded from Elite Trade Signals โ Crypto | Forex | Gold
โUpon hitting the marked line, the price delivered a 51% correction.โ
#PIPPIN #Crypto #SignalsToday
@Signals2day
#PIPPIN #Crypto #SignalsToday
@Signals2day
๐ต #ETH With the market downturn, Machi got completely liquidated on his ETH (25x) long position.
True to form, Machi has opened another ETH long position with 25x leverage. Overall, Machi is now down $21.36M.
True to form, Machi has opened another ETH long position with 25x leverage. Overall, Machi is now down $21.36M.
๐๐ค #BTC Active Bitcoin addresses have been declining ever since the ETFs launched back in January 2024.
๐ฎ๐ณ Coinbase has resumed user registration in India and plans to launch a fiat system in 2026, allowing users to deposit funds and buy cryptocurrencies directly. techcrunch