๐ USDT Market Cap Hits $144 Billion!
For the first time, the stablecoin USDT has reached a market capitalization of $144 billion, placing it third among stablecoins. ๐ฐ
However, XRP is close behind, trailing by just over $0.5 billion. Could XRP soon overtake USDT? ๐ This has already happened recently.
For the first time, the stablecoin USDT has reached a market capitalization of $144 billion, placing it third among stablecoins. ๐ฐ
However, XRP is close behind, trailing by just over $0.5 billion. Could XRP soon overtake USDT? ๐ This has already happened recently.
๐5
Crypto soothsayer
๐ GameStop to Invest in Bitcoin! GameStopโs board has unanimously approved using Bitcoin as a reserve asset. The company may invest part of its funds, future debt, or equity into Bitcoin and USD-pegged stablecoins, with no set cap on purchases. ๐ฐ Under Ryanโฆ
Michael Saylor & Community Urge GameStop to Buy $3B in Bitcoin!
Michael Saylor and his loyal community are calling on GameStop to invest at least $3 billion in Bitcoin.
๐ King Move! ๐
Michael Saylor and his loyal community are calling on GameStop to invest at least $3 billion in Bitcoin.
๐ King Move! ๐
๐ฅ7๐2
๐ Bitcoin Exchange Supply Hits 7-Year Low
๐ธ The percentage of Bitcoin held on exchanges has dropped to 7.53%, the lowest since February 2018.
This signals that investors are increasingly opting for long-term hodling, reducing short-term sell pressure. ๐ฐ๐ช
๐ธ The percentage of Bitcoin held on exchanges has dropped to 7.53%, the lowest since February 2018.
This signals that investors are increasingly opting for long-term hodling, reducing short-term sell pressure. ๐ฐ๐ช
๐6โค2
๐ณ Whale Manipulation Attempt on HyperLiquid
๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long.
๐ This forced HyperLiquid to buy back at a higher price, causing a $10M floating loss. A pump attempt followed, aiming to liquidate HyperLiquidโs $200M shortโbut the price only peaked at $0.06 instead of the needed $0.17.
๐ฅ Binance & OKX announced JELLY futures listings, but HyperLiquid managed to close its short with a $700K profit and halted trading. The manipulation failed, but it was a bold move. The platform will compensate users, excluding suspicious addresses.
๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long.
๐ This forced HyperLiquid to buy back at a higher price, causing a $10M floating loss. A pump attempt followed, aiming to liquidate HyperLiquidโs $200M shortโbut the price only peaked at $0.06 instead of the needed $0.17.
๐ฅ Binance & OKX announced JELLY futures listings, but HyperLiquid managed to close its short with a $700K profit and halted trading. The manipulation failed, but it was a bold move. The platform will compensate users, excluding suspicious addresses.
๐5
๐ Bernstein Predicts $1M Bitcoin
๐ Analysts at Bernstein foresee a massive BTC rally in the coming years:
โช๏ธ$200K by end of 2025
โช๏ธ$500K by 2029
โช๏ธ$1M by 2033
๐ฐ A bullish scenario could also see MicroStrategy doubling its Bitcoin holdings to 1M BTC.
๐ If these predictions hold, Bitcoin's adoption as a store of value could reach unprecedented levels.
๐ Analysts at Bernstein foresee a massive BTC rally in the coming years:
โช๏ธ$200K by end of 2025
โช๏ธ$500K by 2029
โช๏ธ$1M by 2033
๐ฐ A bullish scenario could also see MicroStrategy doubling its Bitcoin holdings to 1M BTC.
๐ If these predictions hold, Bitcoin's adoption as a store of value could reach unprecedented levels.
๐1
Elizabeth Warren Slams Stablecoin Bill as Trump-Musk โGriftโ ๐ง
๐ฐ Senator Elizabeth Warren has criticized the FIT21 stablecoin bill, claiming it benefits Trump and Elon Musk by giving them financial control. She accused Trump of launching his own stablecoin, USD1, to enrich himself.
๐ The bill aims to create a regulatory framework for digital assets, but Warren warns it could enable market manipulation. Meanwhile, the Trump administration pushes for the U.S. to become the "crypto capital of the world."
โ๏ธ Warren also questioned Trumpโs crypto czar, David Sacks, and Muskโs role in government, calling for stricter oversight. The debate over crypto regulation vs. financial freedom is heating up.
๐ฐ Senator Elizabeth Warren has criticized the FIT21 stablecoin bill, claiming it benefits Trump and Elon Musk by giving them financial control. She accused Trump of launching his own stablecoin, USD1, to enrich himself.
๐ The bill aims to create a regulatory framework for digital assets, but Warren warns it could enable market manipulation. Meanwhile, the Trump administration pushes for the U.S. to become the "crypto capital of the world."
โ๏ธ Warren also questioned Trumpโs crypto czar, David Sacks, and Muskโs role in government, calling for stricter oversight. The debate over crypto regulation vs. financial freedom is heating up.
๐ฆ4โค1๐1๐1
Crypto soothsayer
๐ณ Whale Manipulation Attempt on HyperLiquid ๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long. ๐โฆ
โ ๏ธ Will HyperLiquid Follow FTX?
๐ฅ According to Bitget CEO Gracy Chen, the $JELLY incident exposed serious risks within HyperLiquid. The delisting and forced liquidation of positions at a price favoring the platform set a dangerous precedent, shaking user trust.
๐ Despite branding itself as an innovative DEX, HyperLiquid operates more like an offshore CEX without KYC/AML, raising concerns about potential shady practices.
๐คฏ The exchangeโs handling of the situation was immature and unprofessional. In crypto, trust is more valuable than capital.
โ ๏ธ Mixed asset storage and unlimited position sizes pose systemic risks. If unresolved, more altcoins could be used against HyperLiquid, potentially leading to another major collapse in the crypto space.
๐ฅ According to Bitget CEO Gracy Chen, the $JELLY incident exposed serious risks within HyperLiquid. The delisting and forced liquidation of positions at a price favoring the platform set a dangerous precedent, shaking user trust.
๐ Despite branding itself as an innovative DEX, HyperLiquid operates more like an offshore CEX without KYC/AML, raising concerns about potential shady practices.
๐คฏ The exchangeโs handling of the situation was immature and unprofessional. In crypto, trust is more valuable than capital.
โ ๏ธ Mixed asset storage and unlimited position sizes pose systemic risks. If unresolved, more altcoins could be used against HyperLiquid, potentially leading to another major collapse in the crypto space.
๐พ5๐3
The Stablecoin Multiverse is Here ๐
๐ Tether CEO Paolo Ardoino declares a new era as hundreds of companies and governments launch their own stablecoins. "Proud to see the mass adoption of technology Tether pioneered in 2014," he said.
๐ฐ USDT now has over 400M users, with projections to surpass 1B soon. Stablecoins are becoming a key part of global finance.
๐ Wyoming is set to launch its own stablecoin by July 2025, according to Bloombergโanother sign that crypto is reshaping traditional finance.
๐ Tether CEO Paolo Ardoino declares a new era as hundreds of companies and governments launch their own stablecoins. "Proud to see the mass adoption of technology Tether pioneered in 2014," he said.
๐ฐ USDT now has over 400M users, with projections to surpass 1B soon. Stablecoins are becoming a key part of global finance.
๐ Wyoming is set to launch its own stablecoin by July 2025, according to Bloombergโanother sign that crypto is reshaping traditional finance.
๐6
๐ BTC at a Critical Level
๐ค According to the BCMI indicator (CryptoQuant), Bitcoin is at 0.5โa historical pivot point where price has either rallied or dropped.
๐ฅ The overheating zone starts at 0.75, meaning thereโs still room for growth before BTC hits major resistance. Bullish momentum could be ahead! ๐ผ๐
๐ค According to the BCMI indicator (CryptoQuant), Bitcoin is at 0.5โa historical pivot point where price has either rallied or dropped.
๐ฅ The overheating zone starts at 0.75, meaning thereโs still room for growth before BTC hits major resistance. Bullish momentum could be ahead! ๐ผ๐
๐ฅ5
๐ถ Alternatives to USDT for EU Users
As European exchanges gradually delist USDT, here are some stablecoin alternatives to consider:
โฌ-Stablecoins:
โช๏ธEURC (by Circle)
โช๏ธEURCV (by Societe Generale-Forge)
โช๏ธEURI (by Banking Circle)
$-Stablecoins:
โช๏ธUSDC (by Circle)
โช๏ธUSDR (by StablR)
โช๏ธUSDQ (by Quantoz)
๐ For EU users, itโs time to explore these regulated options as the market shifts!
As European exchanges gradually delist USDT, here are some stablecoin alternatives to consider:
โฌ-Stablecoins:
โช๏ธEURC (by Circle)
โช๏ธEURCV (by Societe Generale-Forge)
โช๏ธEURI (by Banking Circle)
$-Stablecoins:
โช๏ธUSDC (by Circle)
โช๏ธUSDR (by StablR)
โช๏ธUSDQ (by Quantoz)
๐ For EU users, itโs time to explore these regulated options as the market shifts!
โค4๐3โ1
๐ฐ Tether's Monthly Earnings: More Than Just a Stablecoin
Tether pulls in $548 million a monthโway ahead of its competition! ๐ฑ The next closest? Circle with a humble $182 million.
Looks like Tether isnโt just stable, it's raking in cash while everyone else is still figuring out how to print it. ๐ค
Welcome to the stablecoin era, where your crypto wallet might be more profitable than your savings account! ๐ธ
Tether pulls in $548 million a monthโway ahead of its competition! ๐ฑ The next closest? Circle with a humble $182 million.
Looks like Tether isnโt just stable, it's raking in cash while everyone else is still figuring out how to print it. ๐ค
Welcome to the stablecoin era, where your crypto wallet might be more profitable than your savings account! ๐ธ
๐9โค1๐1
๐ซฃ Justin Sun x Forbes: The Cover Curse?
Justin Sun lands a Forbes spread as the "crypto billionaire who helped the Trumps make $400M." ๐ฐโจ
Crypto Twitter is already panicking, whispering about the Forbes cover curseโwhere the next stop after the magazine is a prison cell (just ask CZ & SBF). ๐๐
But hey, Michael Saylor also made the cover and is still free... for now. ๐คทโโ๏ธ Place your bets! ๐ฐ
Justin Sun lands a Forbes spread as the "crypto billionaire who helped the Trumps make $400M." ๐ฐโจ
Crypto Twitter is already panicking, whispering about the Forbes cover curseโwhere the next stop after the magazine is a prison cell (just ask CZ & SBF). ๐๐
But hey, Michael Saylor also made the cover and is still free... for now. ๐คทโโ๏ธ Place your bets! ๐ฐ
๐คทโโ7
๐จ US Government Moving Bitcoin?
Arkham has detected BTC movements linked to the U.S. government!
First, a test transaction of $10, followed by a larger transfer of $8.46M. ๐
Arkham has detected BTC movements linked to the U.S. government!
First, a test transaction of $10, followed by a larger transfer of $8.46M. ๐
๐ค7๐4
๐ Mt. Goxโs Iconic Protest Sign Goes Under the Hammer!
The legendary "Mt. Gox, Where Is Our Money?" sign from 2014 is now up for auction on Scarce.City with a 4.5 BTC reserve price.
Kolin Burges, the man behind the sign, never thought it would become valuableโjust like Mt. Gox users never thought they'd lose their BTC. ๐
Bidding ends April 3. History has a priceโwhoโs buying? ๐ค๐ฐ
The legendary "Mt. Gox, Where Is Our Money?" sign from 2014 is now up for auction on Scarce.City with a 4.5 BTC reserve price.
Kolin Burges, the man behind the sign, never thought it would become valuableโjust like Mt. Gox users never thought they'd lose their BTC. ๐
Bidding ends April 3. History has a priceโwhoโs buying? ๐ค๐ฐ
๐ฅ7๐1๐1
๐ Bitcoin to $123K by June?
๐ Analyst Jamie Coutts says the market is underestimating how fast BTC can hit new ATHs. Based on his DXY backtest, Bitcoin could reach $123K by June in a best-case scenario.
With easing financial conditions and China ramping up liquidity, the stars may be aligning for a major breakout. ๐
๐จ But bewareโCryptoQuant's Bull Score Index signals weak momentum. Will BTC surprise everyone or stay stuck? ๐ค
๐ Analyst Jamie Coutts says the market is underestimating how fast BTC can hit new ATHs. Based on his DXY backtest, Bitcoin could reach $123K by June in a best-case scenario.
With easing financial conditions and China ramping up liquidity, the stars may be aligning for a major breakout. ๐
๐จ But bewareโCryptoQuant's Bull Score Index signals weak momentum. Will BTC surprise everyone or stay stuck? ๐ค
๐ค4
๐ต๏ธ 100K+ Gemini & Binance User Data for Sale?
๐ฅท Darkweb actors claim to have thousands of user records, including emails, passwords & location data from Gemini and Binance.
๐ธ Gemini: Allegedly 100K records for sale.
๐ธ Binance: Claims of 132K+ leaked emails & passwordsโbut Binance says it's phishing, not a system breach.
๐คฆโโ๏ธ Dark Web Informerโs advice? "Stop clicking random stuff." Stay safe, folks! ๐จ
๐ฅท Darkweb actors claim to have thousands of user records, including emails, passwords & location data from Gemini and Binance.
๐ธ Gemini: Allegedly 100K records for sale.
๐ธ Binance: Claims of 132K+ leaked emails & passwordsโbut Binance says it's phishing, not a system breach.
๐คฆโโ๏ธ Dark Web Informerโs advice? "Stop clicking random stuff." Stay safe, folks! ๐จ
๐8๐พ1
๐จ Musk Sells Twitter... to Himself? ๐คฏ
Elon just "sold" Twitter for $33Bโbut wait, the buyer is his own company, xAI! ๐๐ฅ
Guess he's just playing 4D chess with himself. โ๐
Elon just "sold" Twitter for $33Bโbut wait, the buyer is his own company, xAI! ๐๐ฅ
Guess he's just playing 4D chess with himself. โ๐
๐9โค4๐คฏ2
Trumpโs Crypto Pardon! ๐บ๐ธ๐ฐ
Donald Trump just pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed! ๐ฉโจ
They had pleaded guilty to money laundering charges, but heyโlooks like it's bullish season for second chances! ๐๐ฅ
Donald Trump just pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed! ๐ฉโจ
They had pleaded guilty to money laundering charges, but heyโlooks like it's bullish season for second chances! ๐๐ฅ
๐7๐2