π§π·π¦ #BTC Brazil's largest bank, ItaΓΊ Unibanco, recommends allocating 3% of its investment portfolio to BTC. theblock
π2
π¬π§πΉThe UK Treasury is drafting rules that will put cryptocurrencies under FCA supervision from 2027. There are also plans to ban political donations made using cryptocurrency. theguardian #regulation
π€‘1
ππ³ Whale Transactions:
1. 66kETHBorrow, who previously bought 489,696 #ETH ($1.5 billion), started buying ETH again. He borrowed 85 million #USDT from Aave, then withdrew 38,576 #ETH ($119.3 million) from Binance;
2. 0x7BB8, supposedly affiliated with Matrixport, withdrew 3 million #ASTER ($2.84 million) from Binance;
3. vitalik.eth sold 1,400 #UNI ($7.48k), 10,000 #KNC ($2.47k), and 40 trillion #DINU for a total of 16,796 #USDC;
4. pension-usdt.eth closed shorted 1,000 #BTC ($89.6 million) for a profit of $960k and then opened a long of 358.86 #BTC ($32.2 million). The total profit now stands at $23.2 million.
1. 66kETHBorrow, who previously bought 489,696 #ETH ($1.5 billion), started buying ETH again. He borrowed 85 million #USDT from Aave, then withdrew 38,576 #ETH ($119.3 million) from Binance;
2. 0x7BB8, supposedly affiliated with Matrixport, withdrew 3 million #ASTER ($2.84 million) from Binance;
3. vitalik.eth sold 1,400 #UNI ($7.48k), 10,000 #KNC ($2.47k), and 40 trillion #DINU for a total of 16,796 #USDC;
4. pension-usdt.eth closed shorted 1,000 #BTC ($89.6 million) for a profit of $960k and then opened a long of 358.86 #BTC ($32.2 million). The total profit now stands at $23.2 million.
π³1
πββοΈ #CRV The founder of Curve Finance has proposed a 17.45 million CRV to support ecosystem growth, research and technology development of the lending protocol. cointelegraph
πΈ #BTC Over the last 24 hours, ~$289M contracts have been liquidated, of which longs have liquidated ~$230M and shorts ~$58M.
π₯³π #WET Humidify(#WET) Won Market Added (#Transaction Fee Free) feed.bithumb.com #Bithumb #Listing
π #BTC CQ: BTC inflows to Binance from whales are sharply declining compared to previous years. The annual average is now around 6,500 BTC, a level that hasn't been reached since 2018. In the shorter time frame, the weekly average is around 5,200 BTC, which is one of the lowest values in this cycle.
However, one must consider that the ecosystem now offers many more alternatives for trading or storing BTC. The number of exchanges has increased and the ongoing expansion of DeFi provides additional venues, likely redirecting flows that were previously almost exclusively directed to large exchanges such as Binance.
However, one must consider that the ecosystem now offers many more alternatives for trading or storing BTC. The number of exchanges has increased and the ongoing expansion of DeFi provides additional venues, likely redirecting flows that were previously almost exclusively directed to large exchanges such as Binance.
ππ According to Tokenomist, large one-time token unlocks (single unlocks exceeding $5 million) scheduled over the next seven days include #ZRO, #ARB, #SEI, #ZK, #LISTA, and ID. Large linear unlocks (daily unlocks exceeding $1 million) over the same period include #RAIN, #SOL, #TRUMP, #WLD, #DOGE, #ASTER, #AVAX, and #TAO. The total value of these unlocks exceeds $309 million.
π³ #ETH Whale 0x76AB, after losing $3.3M going long on ETH, has jumped back in β opening an 8x long on 5,524 ETH ($17.4M). link
π³1
π¨π³βοΈ #BTC The total network hashrate dropped by approximately 100 EH/s yesterday, a decrease of about 8%. At least 400,000 Bitcoin mining rigs shut down, mainly due to the closure of Bitcoin mining farms in Xinjiang, China. link
β‘1
π₯³ #ETH JPMorgan Launches First Tokenized Money Market Fund on Ethereum.
- JPMorgan to seed fund with $100 million internal capital.
- JPMorgan sees 'massive' interest in tokenization from clients.
- JPMorgan to seed fund with $100 million internal capital.
- JPMorgan sees 'massive' interest in tokenization from clients.
π€‘1
πββοΈ #ETH Vitalik Buterin suggests using ZK-proofs for auditing algorithm X and ranking. cointelegraph