Cryptocurrencies do not pose a threat to the U.S dollar! 🧐
In fact, stablecoins could strengthen the dollar's dominant position in the world.
Digital assets are considered one of the most significant phenomena nowadays, and the United States is committed to becoming a hub for digital asset innovation.
The Stablecoin GENIUS Act is seen as a step closer to achieving this goal.
a new publicly traded US company has has ambitious targets for its Bitcoin reserves over the next three years.
By the end of 2025, Semler Scientific aims to hold at least 10,000 Bitcoins, increasing to 42,000 by the end of 2026, and reaching 105,000 by the end of 2027. 🔥
The company plans to achieve these goals through equity, debt financing, and operational cash flow.
US President Donald Trump has expressed his desire for the House of Representatives to accelerate the legislative process and swiftly pass the stablecoin bill.
This call for rapid action highlights the trumps focus on advancing regulatory measures in the digital currency sector.
The US state Ohio has unanimously passed the Bitcoin Rights Bill. 🔥
The legislation aims to protect citizens rights to self custody, node operation, and mining activities. Additionally, it establishes a capital gains tax exemption of $200 per transaction for cryptocurrency assets.
The US Bitcoin mining companies have reached a record high in global network hashrate. 🧐
13 publicly listed American Bitcoin mining firms now account for approximately 31.5% of the global network's hashrate. This increase is largely driven by companies such as CleanSpark, Hive Technologies, and Riot Platforms, which have collectively added 11 EH/s of hashrate since April.
The crypto market saw liquidations totaling $236 million over the past day, long positions lost $167 million, while short positions experienced liquidations of $68.35 million.
A Whale opened an $11.15 million ETH long with 25x leverage at $2,758 and the price reached $2,850, pushing his unrealized profit to $366,000. 😧
The Options market shows bullish signs as traders bet on near term upside with a Bull flag breakout pattern that could target a 30% ETH rally to $3,670.
OpenAI founder Sam Altman announced a significant price reduction for the OpenAI o3 model, lowering it by 80%, i wonder if they will ever consider accepting Wld as payment, since both projects are from the same founder.
a major Bitcoin investor has taken a substantial long position using 20x leverage, involving 1,407 BTC. 😧
The current value of this position is approximately $151 million, with a floating profit of around $1.09 million. The opening price for this position was $107,063, while the liquidation price is set at $101,280.
the US Department of Justice has initiated a civil forfeiture lawsuit to seize $7.74 million in cryptocurrency allegedly laundered by North Korean IT workers.
These individuals are accused of securing employment at US and international companies through fraudulent means. The workers reportedly used false identities to gain positions at American cryptocurrency firms, receiving payment in stablecoins. The funds were then laundered through various methods before being transferred back to North Korea.
The Japanese publicly traded company Metaplanet known for its Bitcoin reserve strategy, has announced the establishment of its US headquarters in Miami.
The company had previously unveiled a significant financing plan amounting to $5.4 billion, with the aim of acquiring a total of 210,000 BTC by the end of 2027. 🔥
The transaction volume of stablecoins has reached $33 trillion, marking a historic high and surpassing PayPal's transaction volume by 20 times and Visa's by three times. 😎🔥
The rise of stablecoins has resulted in $128 billion of US Treasury bonds being held by stablecoin entities, placing them among the top 20 holders, surpassing countries like Saudi Arabia, South Korea, the UAE, and Germany.
In 2030, stablecoin holdings in US Treasury bonds could reach $3.7 trillion, making them the largest holders on this list.
#Liquidity101 Liquidity plays a major role in how smoothly trades are executed. Low liquidity can lead to slippage, poor pricing, or even failed trades — especially during volatile market conditions.
Bitcoin Pizza was the first known real world transaction using Bitcoin, where a man exchanged 10,000 Bitcoins for two pizzas. 😬
The transaction took place on May 22, 2010, and the day is now celebrated annually as Bitcoin Pizza Day. Despite the current worth of those Bitcoins today, the man who made the exchange has no regrets, stating that Bitcoins had no value back then.
This week i decided to sell the SXT airdrop from launchpool, i still believe the token can go much higher but it’s a very recent listing and showing bearish signs.
It’s currently trading around 0.13, could it be worth to buy back now or will it retest 0,12? 🤔
EigenLayer is set to implement a new redistribution mechanism. 😎
The Active Verification Service (AVS) will have the capability to repurpose penalized funds instead of destroying them, opening up new possibilities for verifiable services. This optional upgrade aims to establish a more expressive penalty system and offer improved incentive structures for all participants.