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Major U.S. banks like JPMorgan, Bank of America, and Wells Fargo are exploring the creation of a joint U.S. dollar-backed stablecoin.
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π U.S. Supreme Court ruled that President Trump can remove officials from independent federal agencies, strengthening presidential control. However, it excluded the Federal Reserve from this ruling, protecting Fed Chair Jerome Powell from being fired.π
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Hyperliquid Trader James Wynn Exits $1.25B Long Bitcoin Bet at a Loss π½
James Wynn, a prominent trader on the decentralized exchange Hyperliquid, has exited a massive $1.25 billion leveraged long position on Bitcoin at a loss.
Wynn, known for his high-risk, high-reward strategies, had previously amassed over $46 million in profits through aggressive leverage on Bitcoin and various memecoins.πΈ
His recent decision to close this substantial position, announced via a post stating "cut my losses," marks a significant shift in his trading approach.β
This move underscores the volatile nature of high-leverage trading in the crypto market and has sparked discussions about risk management among traders.
James Wynn, a prominent trader on the decentralized exchange Hyperliquid, has exited a massive $1.25 billion leveraged long position on Bitcoin at a loss.
Wynn, known for his high-risk, high-reward strategies, had previously amassed over $46 million in profits through aggressive leverage on Bitcoin and various memecoins.
His recent decision to close this substantial position, announced via a post stating "cut my losses," marks a significant shift in his trading approach.
This move underscores the volatile nature of high-leverage trading in the crypto market and has sparked discussions about risk management among traders.
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Bullish Momentum: Crypto Inflows Hit Record $10.8B as BTC Tops $111K π
π CoinShares reports that digital asset investment products have reached a new year-to-date (YTD) inflow record of $10.8 billion, following a $3.3 billion influx last week. This marks the sixth consecutive week of positive flows, coinciding with Bitcoin's price surpassing $111,000. π΅
Bitcoin remains the primary driver of these inflows, with institutional interest significantly contributing to the surge. The United States led the regional inflows, accounting for the majority of the capital movement.π
This trend reflects growing institutional confidence in digital assets, particularly Bitcoin, as a viable investment class. The sustained inflows and rising asset prices indicate a robust market sentiment and increasing adoption of cryptocurrency investment products.π
Bitcoin remains the primary driver of these inflows, with institutional interest significantly contributing to the surge. The United States led the regional inflows, accounting for the majority of the capital movement.
This trend reflects growing institutional confidence in digital assets, particularly Bitcoin, as a viable investment class. The sustained inflows and rising asset prices indicate a robust market sentiment and increasing adoption of cryptocurrency investment products.
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The Open Network
TONπ
On May 26, 2021, exactly 4 years ago, TON Mainnet went live, Since then, the network hasnβt stopped evolving
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Rumors of a $3 Billion Investment by President Trump in Crypto!
π€ According to a report by Financial Times, Donald Trump's media company (TMTG) is reportedly considering raising $3 billion to invest in digital assets. The funding plan allegedly includes $2 billion through shares and $1 billion via convertible bonds.
π However, Trumpβs company has denied these claims, calling them baseless.
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Team announced that: They are currently focused on Telegram and TON ecosystem!π
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Web3Key
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Key Features:
Advanced group management and auto-replies via Grok.
Business Deal:
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Web3Key
π’ Tetherβs Massive Holdings Revealed at Bitcoin 2025! π°
Tether, the worldβs leading stablecoin issuer, announced at Bitcoin 2025 that it holds an impressive portfolio:
- 100,000 Bitcoins
- 50 tons of Gold
Plus, hereβs more jaw-dropping info about Tetherβs status:
π΅ 2024 Annual Profit: $3.8 billion
πΈ Total USDT in circulation: $120 billion
π₯ Active Users: 420 million
π Active DeFi Users: 138 million
π Tetherβs share of the stablecoin market: 62%
πͺ Tetherβs savers: 35%
These numbers showcase Tetherβs dominance in the crypto world. With these massive reserves, Tether ensures USDT stability and builds investor confidence.
What do you think about this news?
Tether, the worldβs leading stablecoin issuer, announced at Bitcoin 2025 that it holds an impressive portfolio:
- 100,000 Bitcoins
- 50 tons of Gold
Plus, hereβs more jaw-dropping info about Tetherβs status:
π΅ 2024 Annual Profit: $3.8 billion
πΈ Total USDT in circulation: $120 billion
π₯ Active Users: 420 million
π Active DeFi Users: 138 million
π Tetherβs share of the stablecoin market: 62%
πͺ Tetherβs savers: 35%
These numbers showcase Tetherβs dominance in the crypto world. With these massive reserves, Tether ensures USDT stability and builds investor confidence.
What do you think about this news?
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Forwarded from Blum: All Crypto β One App
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Are you eligible for the $BLUM airdrop? πͺ
Find out in our official checkerβ‘οΈ https://t.me/blum/app?startapp=to_tge
Snapshot hasnβt been taken yet β so you still have time to boost your stats and qualifyβ
But hurry up β weβll announce the exact date & time very soon (yes, in advance).
To keep the $BLUM airdrop fair, we use anti-Sybil filters like:
β Multi-account farming
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β Sybil databases
β Other detection methods
π Official appeal form is here
Weβre here to reward real usersπ
Find out in our official checker
Snapshot hasnβt been taken yet β so you still have time to boost your stats and qualify
But hurry up β weβll announce the exact date & time very soon (yes, in advance).
To keep the $BLUM airdrop fair, we use anti-Sybil filters like:
β Multi-account farming
β Drop game abuse via scripts
β Sybil databases
β Other detection methods
π Official appeal form is here
Weβre here to reward real users
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