Crypto News Aggregator by EXCAVO
π CCData: In September, the total market capitalisation of stablecoins rose 1.50% to $172bn, its twelfth consecutive increase in end-of-month market cap.
ππ The top 5 centralised stablecoins hold US Treasury Bills of nearly $125bn, accounting for ~80% of their reserves.
As a result, the decision to cut interest rates for the first time since March 2020 is set to result in $625mn in lost annual interest income for each 50bps cut.
As a result, the decision to cut interest rates for the first time since March 2020 is set to result in $625mn in lost annual interest income for each 50bps cut.
π€ #WLD OpenAI's revenue reached $300 million in August and is expected to bring in ~$3.7 billion this year.
π #EIGEN Eigen Foundation is intriguing for September 30th 9pm EST.
π¨π¦πΉ The Canadian regulator has extended the deadline for crypto platforms to ensure compliance with rules regarding stablecoins. cointelegraph.com
π΅οΈββοΈ Wallet associated with Cumberland, contributed 11,800 #ETH ($31.88 million) on Coinbase 7 hours ago.
Also ParaFiCapital brought out 5,134 #ETH ($13.83 million) from Lido and transferred it to Coinbase Prime 6 hours ago.
Also ParaFiCapital brought out 5,134 #ETH ($13.83 million) from Lido and transferred it to Coinbase Prime 6 hours ago.
π΅οΈββοΈπ³ After 4 months of silence, the Ethereum whale with a profit of $58.8 million (x141) sold another 12,979 ETH (~$34.3 million) this week.
He purchased 21,632 ETH in 2016 and sold 15,879 ETH at an average price of $2,739 since May, earning $43.5 million.
He purchased 21,632 ETH in 2016 and sold 15,879 ETH at an average price of $2,739 since May, earning $43.5 million.
π° #DAPP Gate Labs announced a strategic investment in Pencils Protocol.
πΈ LoC: An address allegedly associated with the co-founder of F2pool lost 12,083.6 spWETH (worth $32.33 million) due to a phishing attack.
π’π€ #BTC C.Q.: In the past 1.5 months, we can observe a decline in the Realized Cap for STH. Coins are being moved at prices lower than their purchase prices (this is known as "shakeout").
As this slows, it signals a market shift and potential new price base for growth.
As this slows, it signals a market shift and potential new price base for growth.