Crypto News Aggregator by EXCAVO
๐ CCData: In September, the total market capitalisation of stablecoins rose 1.50% to $172bn, its twelfth consecutive increase in end-of-month market cap.
๐๐ 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.
๐ค #WLD OpenAI's revenue reached $300 million in August and is expected to bring in ~$3.7 billion this year.
๐ #EIGEN Eigen Foundation is intriguing for September 30th 9pm EST.
๐จ๐ฆ๐น The Canadian regulator has extended the deadline for crypto platforms to ensure compliance with rules regarding stablecoins. cointelegraph.com
๐ต๏ธโโ๏ธ 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.
๐ต๏ธโโ๏ธ๐ณ 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.
โค2
๐๐ #BTC C.Q.: MVRV once again pricing above its SMA365 is a strong bullish signal
When we examine the historical relationship between the MVRV and its 365-day moving average (SMA365), we encounter a striking result. Following MVRVโs pricing above its SMA365, we often witness bulls stepping into the spotlight for Bitcoin.
๐ฐ #DAPP Gate Labs announced a strategic investment in Pencils Protocol.
๐1
๐ธ 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.
๐ข๐ค #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.
๐๐ IntoTheBlock Analyst: Fee income in #ETH rose to $45 million in one week, and the correlation between #BTC and US stocks reached its highest level in two years.