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Key #BitcoinIndicators Hint at Major Bearish Shift in Sentiment as Jackson Hole Nears The 180-day call-put skew on Deribit is now most negative in over two years The 180-day call-put skew on Deribit is now most negative in over two years. BTC's price has crossed below key moving average bands to suggest trend reversal. Key bitcoin $BTC $113,206.40 indicators are signaling a potential shift to a bearish market regime as traders await Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium. The first one is the 180-day call-put skew derived from options trading on Deribit, the largest crypto options exchange by volume and open interest.
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Stripe's Bridge Teams Up With M0 Protocol to Issue #Stablecoins , Starting With MetaMask's mUSD MetaMask's upcoming digital dollar is the first example of the partnership, combining Bridge's regulatory and reserve management with M0’s blockchain expertise. Stablecoin platform M0 and U.S.-licensed issuer Bridge, now part of Stripe, are collaborating to help businesses create custom digital dollars, starting with MetaMask's mUSD token. The partnership leverages Bridge's regulatory expertise and M0's blockchain infrastructure to streamline the issuance of application-specific stablecoins. Interest in stablecoins surged as the GENIUS Act brought regulatory clarity in the U.S for issuers. Stablecoin platform M0 and U.S.-licensed issuer Bridge, now part of payments giant Stripe, are joining forces to help businesses roll out custom digital dollars, beginning with popular crypto wallet MetaMask's proprietary token mUSD. The two firms said on Thursday the partnership combines Bridge’s regulatory and reserve management expertise with M0’s blockchain infrastructure designed for application-specific stablecoins #StablecoinRatings
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Stargate Draws Second Acquisition Bid With #Wormhole Topping LayerZero's $110M Buy Offer LayerZero’s $110 million token-swap offer faces competition as Wormhole pushes for a delay in Stargate’s governance vote to submit a higher bid. Wormhole has entered the bidding for Stargate, proposing a bid higher than LayerZero's $110 million offer. The proposal suggests delaying the vote to allow the community to consider Wormhole's offer. A merger between Wormhole and Stargate could create a major cross-chain hub, enhancing liquidity and network integration. Wormhole has jumped into the bidding plans for bridging service Stargate, promising a bid above LayerZero’s initial $110 million token-swap proposal. It wants the Snapshot vote delayed so the community can weigh its offer. $W
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is Powell resigned last month? is it true or fake? let me know about this clarify me guys
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