$BTC Bitcoin Price Watch: Market Recoils After $107K Peak, E | User- El145 on Binance Square

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$BTC Bitcoin Price Watch: Market Recoils After $107K Peak, Eyes Key Support ✅🔥🔥

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#EthereumSecurityInitiative Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH? “This capital infusion is expected to enable us to scale our validator node operations by increasing our ETH holdings at what we believe is a critical inflection point in Ethereum’s growth trajectory.” The firm added that the increased ETH holdings would allow it to deploy extra validators (node operators) on the Ethereum network and expand its staking rewards. For reference, there are two major ways institutions can earn from their ETH holdings. The first is through staking (locking ETH), as mentioned by BTCS, and getting rewards in return. Currently, the stakers earn a 3%-3.5% yield on their locked ETH on an annual basis. This offers an extra gain as opposed to just holding ETH for a long period of time. Hunting for ETH basis trade is another common strategy by institutions. It involves buying the spot ETH, probably through a spot ETF, and shorting the CME ETH Futures to collect the price difference (basis). During the late 2024 rally, ETH’s annualized basis increased 21%. For the players who deployed both strategies, that implied a 24% potential yield on their ETH holdings. After a 5% decline in Q1 2025, ETH basis trade rebounded again in Q2 to nearly 9%. Combined with the staking rewards, that would imply about 12% potential gains. BTCS Inc. is focused on the first strategy. As of 31, 2024, the firm held 9,060 ETH and operated 522 validators. Deploying more ETH for validator operations could increase its staking rewards capacity. That said, shareholders of BTCS benefited from ETH’s massive pump in May. The altcoin rallied over 50% in the past two weeks, and BTCS shares doubled from $1.8 to $3.1 (about a 100% rally). BTCS stock gave back some gains and was up 40% on a monthly basis, while ETH returns stood at 56%.

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#MastercardStablecoinCards The Mastercard stablecoin card is an innovative financial product that allows users to spend stablecoins like USDC directly from their crypto wallets. By integrating with blockchain networks, Mastercard enables real-time conversion of stablecoins into fiat at the point of sale, making crypto spending seamless. This move aims to bridge the gap between traditional finance and digital currencies, promoting broader crypto adoption. It also offers greater transparency and faster settlement compared to traditional card systems.

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$USDC Tether Mints $2 Billion USDT on Tron, Surpassing Ethereum and Reaching $15B in 2025 Issuance Tether, the issuer of the world's largest stablecoin USDT, has minted $2 billion worth of the cryptocurrency within a few hours, with each minting amounting to $1 billion Tether, the issuer of the world's largest stablecoin USDT, has minted $2 billion worth of the cryptocurrency within a few hours, with each minting amounting to $1 billion. The minting took place on the Tron network, pushing the total circulation of USDT to over $151 billion and bringing Tether's total issuance for 2025 to $15 billion. The first billion USDT, equivalent to $1 billion USD, was minted at the Tether Treasury, followed by another billion shortly after, totaling $2 billion in new USDT. This significant increase in supply occurred on the Tron blockchain, which now hosts more USDT than Ethereum, with a supply of over $73 billion compared to Ethereum's $71.9 billion. Tron leads with over $73 billion in USDT supply, while Circle's USDC trails at $60.7 billion. The stablecoin market has seen substantial growth, with total stablecoins in circulation nearly doubling from $130 billion in May 2023 to $240 billion currently. USDT now makes up 4.47% of the total crypto market. Tron's rise in USDT supply marks a historic milestone, surpassing Ethereum for the first time and reaching an all-time high for USDT on the Tron network.

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