๐ Total value locked in crypto is at an all-time high of ~$375B
Top 5 market sectors: stablecoin issuers, lending, liquid staking, DEXs, and #RWA issuers.
Top 5 market sectors: stablecoin issuers, lending, liquid staking, DEXs, and #RWA issuers.
๐ค River: Just 1% #BTC makes all the difference
New data from River shows how Microsoft, Google, and Apple could have flipped their negative treasury returns since 2020 if theyโd simply allocated 1% to BTC.
New data from River shows how Microsoft, Google, and Apple could have flipped their negative treasury returns since 2020 if theyโd simply allocated 1% to BTC.
๐บ๐ธ #BTC Connecticut prohibits the state from creating a BTC reserve or investing in any digital assets.
๐บ๐ธ๐น U.S. Senator Cynthia Lummis proposes a $300 tax exemption for crypto transactions with a cap of $5,000 in total transactions per year. coindesk #regulation
๐ Global stablecoin volume continues to climb: monthly transfer volume is $4.6 trillion across 1.3 billion transactions. #stablecoin
๐บ๐ธ #USDC Circle is applying for a U.S. Trust Bank license to manage its USDC reserve. cointelegraph
๐ #ETH #BTC The ETH/BTC futures volume ratio rose to nearly 98% parity, a sharp reversal of the pessimistic sentiment that has prevailed for Ethereum for most of 2024. theblock.co
๐ฎ Benchmark has set Metaplanet's target price at 46% above market valuation, predicting continued growth. theblock.co
๐๐ณ Whale Transactions:
1. SharpLink Gaming acquired another 4,951 #ETH ($12.4 million) via OTC;
2. Someone created a new wallet and spent 7,980 #SOL($1.24 million) to buy 1.08 million #Fartcoin at $1.15;
3. A wallet likely owned by hackers received 12,282 ETH ($23.72 million) from THORChain and Chainflip 3 months ago and sold it at $1,932. Now it has repurchased 4,958 $ETH ($12.37 million) again at $2,495. At this point, the loss is ~$6.9 million.
1. SharpLink Gaming acquired another 4,951 #ETH ($12.4 million) via OTC;
2. Someone created a new wallet and spent 7,980 #SOL($1.24 million) to buy 1.08 million #Fartcoin at $1.15;
3. A wallet likely owned by hackers received 12,282 ETH ($23.72 million) from THORChain and Chainflip 3 months ago and sold it at $1,932. Now it has repurchased 4,958 $ETH ($12.37 million) again at $2,495. At this point, the loss is ~$6.9 million.
๐บ๐ธ Trump: Musk knew I was strongly opposed to mandating electric cars. He gets more subsidies than any person in history, and without subsidies he would probably have to shut down the business and go home to South Africa. No more rocket launches, satellites, or electric car production and our country will save a ton of money. Perhaps we should get DOGE to take a good, hard look at this? Big money could be saved!
๐ฉ๐ช๐ฆ Major German bank Sparkassen-Finanzgruppe plans to introduce cryptocurrency trading services for its >50 million customers by summer 2026. cointelegraph
๐ฒ๐พ๐น Malaysia's Securities Commission plans to simplify rules for cryptocurrency exchanges and strengthen investor protections. crowdfundinsider #regulation
๐ #RWA Centrifuge is partnering with S&P Dow Jones Indices to launch the first tokenized S&P 500 index fund on blockchain. cointelegraph