π½ #ETH Ethereum Foundation will create a $220 million security fund, funded by "TheDAO".
π USDT on TRON is used beyond trading.
Transfers under $1K make up approximately 60β74% during Asia and Americas hours, aligning with P2P payments and remittances.
Larger flows peak in EMEA hours, indicating OTC and institutional activity, which together highlight broad, real-world USDT adoption. link
Transfers under $1K make up approximately 60β74% during Asia and Americas hours, aligning with P2P payments and remittances.
Larger flows peak in EMEA hours, indicating OTC and institutional activity, which together highlight broad, real-world USDT adoption. link
π§βπ» Crypto custodian Copper is in preliminary talks about conducting an IPO. link
πΊπΈπ° SEC and CFTC to hold joint event today "to discuss their efforts to deliver on President Trumpβs promise to make the United States the crypto capital of the world." #regulation link
π According to Binance market data, #BTC fell below $85,000 and is now trading at around $84,566.8. #ETH fell below $2,800 and is currently trading near $2,811.8.
Coinglass data shows total liquidations of approximately $803 million over the past 24 hours, including $693 million in long liquidations and $109 million in short liquidations. link
Coinglass data shows total liquidations of approximately $803 million over the past 24 hours, including $693 million in long liquidations and $109 million in short liquidations. link
π½ Senate Agriculture Committee Advances Crypto Market Structure Legislation.
πΊπΈπ½ The White House is negotiating with Democrats and Republicans in the Senate on a compromise version of the Department of Homeland Security (DHS) budget. Even if the Senate separates the DHS budget from the six spending bills and approves the other five, there is a 78% chance of a shutdown this Saturday due to disagreements between the Senate and House versions. The House needs to revise the bill and separately consider the DHS budget, but it is not in session this week and cannot take action quickly.
πΊπΈπ
ββ #macro The US Senate blocks spending package, bringing government closer to shutdown.
π΅οΈ 1,415.23 #BTC ($120,652,534)
aggregated inflows to Binance link
aggregated inflows to Binance link
π£ President Trump to announce new Fed Chair to replace Jerome Powell next week. #macro
π½ Regulators Under Trump Say They Are Ready to Establish Rules for the Cryptocurrency Market to Stimulate Its Growth - WSJ
SEC Chairman Paul Atkins stated that regulators are prepared to lay out rules for cryptocurrencies after legislative progress faced difficulties.
SEC and CFTC expect to sign a memorandum of understanding (MOU) on overseeing the cryptocurrency market. #regulation
SEC Chairman Paul Atkins stated that regulators are prepared to lay out rules for cryptocurrencies after legislative progress faced difficulties.
SEC and CFTC expect to sign a memorandum of understanding (MOU) on overseeing the cryptocurrency market. #regulation
π½ Paul Atkins said the SEC and CFTC are preparing coordinated crypto oversight, including an expected MOU, per the WSJ. #regulation
π₯· Ethereum developer Griff Green announced that a portion of unclaimed funds from the 2016 The DAO hack will be used to create the TheDAO Security Fund, aimed at enhancing Ethereum security. Approximately 20% of the original recovery funds, initially around $6 million, are now valued at roughly $200 million, which includes about 70,500 ETH along with some ETH and DAO tokens. #hack link
This media is not supported in your browser
VIEW IN TELEGRAM
π #BTC The future is hyperbitcoinization, but currently, Bitcoin is too small to compete with sovereign debt. This situation is acceptable as gold's performance is bullish for Bitcoin, while fiat currencies are declining. Gold leads in liquidity, and Bitcoin reacts to liquidity changes, which is a well-known pattern.
By Jack Mallers: link
By Jack Mallers: link
π§βπ» Andre Cronje's Flying Tulip Raises Additional $75.5 Million at $1 Billion Token Valuation - The Block
πΊπΈπ½ The CEO of Robinhood met with representatives of the US government to discuss legislation on the structure of the cryptocurrency market. Regulation is a key focus in these discussions.