๐ July 29 Update:
Bitcoin ETFs:
1D NetFlow: -977 $BTC (-$62.73M)
7D NetFlow: -7,225 $BTC (-$464.05M)
Ethereum ETFs:
1D NetFlow: +2,000 $ETH (+$3.8M)
7D NetFlow: +20,277 $ETH (+$38.49M) #etf
Bitcoin ETFs:
1D NetFlow: -977 $BTC (-$62.73M)
7D NetFlow: -7,225 $BTC (-$464.05M)
Ethereum ETFs:
1D NetFlow: +2,000 $ETH (+$3.8M)
7D NetFlow: +20,277 $ETH (+$38.49M) #etf
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๐ #ETH #USDT Tetherโs GENIUS Act-Compliant USAT Launches on Celo in First Expansion Beyond Ethereum
Tetherโs GENIUS Act-compliant stablecoin USAT has launched on Celo, marking its second mainnet deployment after Ethereum. Issued by Anchorage Digital Bank, USAT supports native minting and burning on Celo and can be used directly to pay gas fees. Launched in January, USAT currently has a market capitalization of approximately $185 million. #regulation
Tetherโs GENIUS Act-compliant stablecoin USAT has launched on Celo, marking its second mainnet deployment after Ethereum. Issued by Anchorage Digital Bank, USAT supports native minting and burning on Celo and can be used directly to pay gas fees. Launched in January, USAT currently has a market capitalization of approximately $185 million. #regulation
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๐ต 250,000,000 $USDC (250,275,000 USD) minted at USDC Treasury.
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๐ Orange Juice co-founder Nico Lechuga stated that the company plans to invest $30 million in Bitcoin by applying 3x leverage on their $10 million cash flow. He emphasized that even if the price of #BTC declines, they will still have sufficient cash flow to service the debt.
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๐ฃ Fed Holds Rates at 3.50%โ3.75% as Three Officials Favor a 25-Basis-Point Hike
The Federal Reserve voted 9โ3 to keep the federal funds rate target range at 3.50%โ3.75%. The FOMC noted that economic activity is expanding solidly, although inflation remains above its 2% target. Beth Hammack, Neel Kashkari, and Lorie Logan dissented, advocating for a 25-basis-point increase. #macro
The Federal Reserve voted 9โ3 to keep the federal funds rate target range at 3.50%โ3.75%. The FOMC noted that economic activity is expanding solidly, although inflation remains above its 2% target. Beth Hammack, Neel Kashkari, and Lorie Logan dissented, advocating for a 25-basis-point increase. #macro
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๐ฃ Republican Senator Cynthia Lummis calls out the Democrats for holding up the Clarity Act.
"After nearly 11 months of giving almost everything asked of us, I genuinely don't know what else my Democrat colleagues need before we act."
"After nearly 11 months of giving almost everything asked of us, I genuinely don't know what else my Democrat colleagues need before we act."
๐บ๐ธ๐ฎ #BNB BinanceUS plans to apply to the CFTC next month for designation as a Designated Contract Market (DCM) in order to provide clients with access to prediction markets. #regulation
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๐ค๐ #USDT Tether AI's new SOTA vision model for edge devices is live benchmarked against other models in the same class.
๐ค๐ #USDT Tether AI's new SOTA vision model for edge devices is live benchmarked against other models in the same class.