Bank holiday, now in crypto
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12π1.66Kβ€βπ₯645π406π€166π121π70π€£68
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22π2.51Kβ€βπ₯762π433π€£211π€160π155π135
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30π4.22Kπ1.26Kβ€βπ₯906π446π284π€271π€£266
Popcorn Today πΏ
Photo
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1π1.73Kπ500π€£267π155β€βπ₯146π€99π82
Coinbase app store ranking: 20
Coinbase app store ranking: 482
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π1.07Kβ€βπ₯436π€£270π182π142π€96π41
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4π1.18Kβ€βπ₯425π€174π108π€£83π51
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111π2.94Kβ€βπ₯867π236π208π€£190π104π€103
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9π1.46Kβ€βπ₯397π138π114π87π€83π€£79
Bhutan's balance sheet holds 12,456 BTC ($887 million).
Et tu, Bhutan?
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20π2.02Kπ432π€£267β€βπ₯217π88π47π€45
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17π1.21Kπ313π€153β€βπ₯134π€£70π41π35
Fun fact: while memes make up less than 3% of cryptoβs market cap, they get 10-15% of Crypto Twitterβs attention span.
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16π1.67Kβ€βπ₯495π€184π134π95π€£77π72
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16π1.51Kβ€βπ₯486π187π€£143π€134π128π17
Worst performing sectors YTD:
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14π1.48Kβ€βπ₯350π195π€97π60π57π€£2
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Your friend, who didnβt buy bitcoin, checking the price now
7π956π€£599π258β€βπ₯128π€93π85π61
Stablecoins 101 β Master the BasicsπΈ
1οΈβ£ USDT (Tether):
- Market Cap: $120B
- Available on 70+ chains
- Backed by assets like U.S. Treasuries and Reverse Repo Agreements
- Successfully processed $20B redemptions in 72 hours
- Known for liquidity butβ¦ letβs say flexible with regulations and has attracted US government action 19 times
2οΈβ£ USDC (Circle):
- Market Cap: $34B
- Spread across 79 chains
- Strictly regulated, aiming for transparency
- Reserve include short-term US Treasuries
- First stablecoin under the EUβs MiCA regulation π©
- Once depegged to $0.88βbecause even βstableβ coins have bad days.
π Each token can be exchanged for $1 in reserves, and when prices fluctuate, savvy traders (aka arbitrageurs) step in to profit, keeping them around $1.
βοΈ Big Picture:
β οΈ USDC leans hard into compliance and transparency.
β οΈ USDTβs focus? Easy access and market liquidity
- Market Cap: $120B
- Available on 70+ chains
- Backed by assets like U.S. Treasuries and Reverse Repo Agreements
- Successfully processed $20B redemptions in 72 hours
- Known for liquidity butβ¦ letβs say flexible with regulations and has attracted US government action 19 times
- Market Cap: $34B
- Spread across 79 chains
- Strictly regulated, aiming for transparency
- Reserve include short-term US Treasuries
- First stablecoin under the EUβs MiCA regulation π©
- Once depegged to $0.88βbecause even βstableβ coins have bad days.
π Each token can be exchanged for $1 in reserves, and when prices fluctuate, savvy traders (aka arbitrageurs) step in to profit, keeping them around $1.
βοΈ Big Picture:
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16π1.92Kβ€βπ₯526π€186π179π87π69π€£50