π¦ Spain's second-largest bank BBVA, with $800 billion in assets, has joined the Qivalis group, which now includes 12 major EU banks such as BNP Paribas, ING, and UniCredit. The group aims to launch a regulated euro stablecoin to challenge the dominance of dollar stablecoins. Qivalis is applying to the Dutch central bank for electronic money institution authorization under the MiCA framework, with the token planned for launch in the second half of 2026. #stablecoin link
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π΅οΈ Bitcoin has dropped below Strategy's cost basis, currently showing a ~$1.5B loss.
Will they sell?
In 2022β2023, Strategy's $BTC holdings were in the red for over 500 days.
They sold 704 $BTC only once on December 22, 2022, and quickly bought back 810 $BTC afterward.
Aside from that, they've been strictly buy-and-hold.
Will they sell?
In 2022β2023, Strategy's $BTC holdings were in the red for over 500 days.
They sold 704 $BTC only once on December 22, 2022, and quickly bought back 810 $BTC afterward.
Aside from that, they've been strictly buy-and-hold.
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π½ Treasury Secretary Bessent says tariffs do not cause inflation. #macro
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π΅ 1,000,000,000 #USDT (999,250,000 USD) minted at Tether Treasury link
π΅οΈ 1,519.46 #BTC ($111,587,654)
aggregated inflows to Coinbase Pro link
aggregated inflows to Coinbase Pro link
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π΅ 250,000,000 #USDC (249,902,750 USD) minted at USDC Treasury link
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ππ± Sentiment has turned extremely bearish toward #BTC and #ETH following crypto's major downswing this past week. #XRP is seeing a more optimistic outlook among traders.
As we know, markets move opposite to the fear & greed of retail traders. There remains a strong argument for a short-term relief rally as long as the small trader crowd continue to show disbelief toward cryptocurrency as a whole.
As we know, markets move opposite to the fear & greed of retail traders. There remains a strong argument for a short-term relief rally as long as the small trader crowd continue to show disbelief toward cryptocurrency as a whole.
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π§βπ» CME Group explores launching its own crypto token.
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