Tether CEO Paolo Ardoino states that Bitcoin and gold are expected to outlast all other currencies.
Read more

A market downturn allowed a large trader to potentially recover from nearly $27 million in losses on a short position in Bitcoin, which had been held for nearly five months. The trader did not fully close the position, and as the market recovered, losses increased to over $4.8 million. The liquidation price was set at $123,260.

A market downturn allowed a whale holding a nearly five-month-old short position on Bitcoin (BTC) to potentially break even, reducing an accumulated $27 million loss to a profit. However, the position was not fully closed. Following a market rebound, the trader's losses increased to over $4.8 million. The liquidation price for the position was $123,260.

Major cryptocurrency wallets without their own native tokens dominate the market landscape, highlighting a trend toward platform neutrality and increased user trust.

Leading wallets that do not issue their own tokens.

Michael Saylor asserts Bitcoin is real money; all other assets are forms of credit.

The Bitcoin fear and greed index stands at 38, reflecting a state of neutral market sentiment.

Bitcoin's fear and greed index stands at 38, suggesting a neutral market sentiment.

The total market capitalization of stablecoins has reached $300 billion.

The total market capitalization of stablecoins has reached $300 billion.

In the past 24 hours, approximately $609 million in contracts were liquidated, with about $203 million in long positions and roughly $406 million in short positions being liquidated.

Approximately $609 million in contracts were liquidated over the past 24 hours, including $203 million in longs and $406 million in shorts.

Hyperliquid is implementing a significant update to HIP-3 today, designed to facilitate the permissionless launch of perpetual futures markets. theblock.com

Cryptocurrency funding rates have fallen to their lowest level since 2022, representing one of the most substantial leverage adjustments in recent history.

Cryptocurrency funding rates have declined to their lowest levels since 2022, representing one of the largest leverage adjustments in recent history.

#TODAY #MARKET

Circle has issued an additional 250 million USDC.

$3.17 billion flowed into digital asset investment products last week, according to CoinShares data. Bitcoin attracted $2.67 billion, while Ethereum saw $338 million in inflows. Solana received $93.3 million. Read the full report here.

CoinShares reports a total of $3.17 billion entering digital asset investment products last week. Bitcoin led with $2.67 billion in inflows, followed by Ethereum with $338 million, and Solana with $93.3 million.

Akash Network to Discontinue Cosmos-Based Network, Initiates Search for Replacement

Akash Network is discontinuing support for its Cosmos-based blockchain as it explores options for a new network. More details can be found at theblock.com.

Open interest in Bitcoin has fallen sharply by $12 billion, declining from $47 billion to $35 billion, marking one of the most significant recent decreases in futures positions. The widespread capitulation has effectively reset leveraged market positions. Historically, such major events have often been followed by prolonged upward trends.