📊 Matrixport: #BTC funding rate remains at around zero. This suggests that instead of chasing the rally, futures traders are opening new short positions despite rising prices.
📈👀 The combined #stablecoin market cap just surpassed $230 billion. #USDT is driving much of this growth, now commanding 65.8% of the total market.
📊👀 $300,000 per #BTC for end of June expiry is now the second most popular call options, approaching $500M in notional value.
🇺🇸👀 #macro Trade Balance (March): -$14.5 billion (pre: -$123.2 billion)
🇺🇸👀 #macro Bessent: First quarter GDP data is expected to be revised upward. There is nothing in the data to suggest we are in a recession.
🆕🤔 Bonfida is planning to launch a new cryptocurrency, #SNS, as the FIDA token economy is not sustainable.
🧐 #MOVE Movement Foundation published a post about transferring 500 million MOVE tokens to Binance to launch the second season of Launchpool and deleted it a couple minutes later.
🇺🇸🇨🇳 Beside: US is not involved in any trade talks with China. #trade wars
🇺🇸 #CBDC Beside: Central bank digital currency is a "sign of weakness"
🔝 Top 10 #RWA Protocols By Total Value
While total RWA value has reached $22B, Securitize holds 31% ($3.5B) among RWA protocols, driven by BlackRock, which increased its supply by 46% over the past 30 days, reaching a $2.8B market cap.
Superstate total value grew by 72% over the last month, with the majority concentrated in the short-duration US securities fund #USTB, issued on Ethereum and the Plume.
While total RWA value has reached $22B, Securitize holds 31% ($3.5B) among RWA protocols, driven by BlackRock, which increased its supply by 46% over the past 30 days, reaching a $2.8B market cap.
Superstate total value grew by 72% over the last month, with the majority concentrated in the short-duration US securities fund #USTB, issued on Ethereum and the Plume.
🇺🇸🥳 #BTC New Hampshire Governor Kelly Ayotte officially SIGNS bill into law allowing the state to invest in Bitcoin.
🔹Crypto Trading Reports🔹
🇺🇸🙅♂️ Sen. Ruben Gallego and 9 other senators oppose the updated GENIUS Act, citing weak anti-money laundering, national security, and financial safety measures. Notably, 4 Dems who backed the original bill in March—Gallego, Warner, Kim, and Blunt Rochester—now…
🇺🇸🤔 Stablecoin regulation bill likely to pass despite a hiccup in the Senate.