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๐ฃ #COIN Coinbase has launched Coinbase Payments, a #USDC-on-Base checkout system now live on Shopify that enables stablecoin payments with card-like authorization, capture, refunds and escrow via onโchain smart contracts.
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๐ค Revolut is actively exploring creating its own stablecoin, sources told Decrypt
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๐๐ Stablecoins amount to 1.1% of the US dollar supply
Many stablecoin startups will contribute to this ratio getting closer to 100%. #stablecoin
Many stablecoin startups will contribute to this ratio getting closer to 100%. #stablecoin
๐ฐ๐ท๐ #BTC #ETF South Korean authorities unveiled a roadmap for approving cryptocurrency ETFs. theblock.co
๐ค #BTC XBTO and Arab Bank Switzerland launch BTC yield product for institutional clients. cointelegraph
๐ #BTC Santiment: wallets with 10+ BTC increased by +231 wallets in 10 days (+0.15%), while wallets with 0.001 to 10 BTC decreased by -37,465 wallets in 10 days. Historically, this is a bullish sign.
๐บ๐ธ๐ฎ Polymarket estimates the likelihood of the U.S. stackcoin bill passing at 89%. cointelegraph
๐๐ณ Whale Transactions:
1. Whale borrowed 10 million #USDT from Aave to buy 3983 #ETH at ~$2510.
2. The trader is currently holding longs in #BTC, #ETH, #SOL, and #LINK. Over the past month, he has made 29 longs - all profitable - for a total profit of over $2.3 million. But now his current positions are at a loss of over $2.3 million.
1. Whale borrowed 10 million #USDT from Aave to buy 3983 #ETH at ~$2510.
2. The trader is currently holding longs in #BTC, #ETH, #SOL, and #LINK. Over the past month, he has made 29 longs - all profitable - for a total profit of over $2.3 million. But now his current positions are at a loss of over $2.3 million.
๐บ๐ธ Arizona Senate considers bill to create a reserve from confiscated cryptocurrencies. theblock.co
๐ญ๐ฐ Animoca Brands plans to form a joint venture with Standard Chartered Bank and HKT to prepare for the Hong Kong stablecoin. nbd
๐ค Andrei Grachev: I feel that we should create another company that will be focus only on issuing loans and mortgages against crypto collaterals.
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๐๐ค CQ: New money is drying up in #BTC
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to โ2M BTC, the worst on record.
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to โ2M BTC, the worst on record.
๐ 38 entities have raised their strategic #ETH reserve to $3 billion, holding a total of 1.19M ETH โ nearly 1% of the total supply.
๐ Blockdaemon announced the launch of their DeFi and Earn Stack service for Institutionalists. cointelegraph