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BTC tapped a six-day peak earlier this Bitcoin ended the calendar week with a price resurgance that only intensified as the new one began, and the asset jumped to almost $107,000 for the first time since last Tuesday. Naturally, this explosive month north has harmed certain over-leveraged traders. The popular account going under the name James Wynn made the headlines again by suffering a dozen liquidations in the span of just 12 hours, according to data from Lookonchain.
The analytics platform continues to track Wynn’s performance in recent months and noted that they had been wrecked 45 times in the last 60 days. They finally had a “one winning trade,” but chose to keep shorting bitcoin during the weekend, which turned sour. In the span of just half a day, Wynn was wrecked for a total of over $85,410, and their account is left with just $6,010. This liquidation came as BTC jumped from under $102,000 to a multi-day peak of almost $107,000 on the heels of an interesting promise by the US President. Yesterday, Trump said numerous Americans, aside from high-income people, will receive dividends of at least $2,000, which history suggests could be linked to fresh money poured into crypto. The altcoins followed suit with some impressive gains, such as WLFI, which has soared by nearly 30%, followed by PUMP (16%), ZEC (16%), and UNI (14%). #BTC走势分析 $BTC #pump #zec #UNI
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Crypto World Bitcoin and ether experience fourth negative week in past five: CNBC Crypto World On today’s episode of CNBC Crypto World, major cryptocurrencies end the week slightly higher, breaking from equities with the Nasdaq moving lower, pressured by more losses in AI stocks. And, Alex Thorn, head of firmwide research at Galaxy, explains why he lowered his year end price target for bitcoin to $120,000 from 185,000$ $BTC
Puppies Coin Taking Over the Internet The hype around Puppies Coin is growing fast, and it’s not hard to see why. This project blends fun with community power, creating something that feels more like a movement than just another token. The energy behind Puppies is wild. #ADPJobsSurge #TrumpTariffs #WriteToEarnUpgrade #TrumpBitcoinEmpire #PrivacyCoinSurge $SOL $XRP $ETH
The first phase of the rollout, starting later this year, focuses on multinational business clients including Uber and Audiomack. A broader release is planned for next year, extending the service to Flutterwave's Send App for retail remittances.
Today, cross-border payments in many African nations are slow and costly, with fees averaging over 8%, the firms said. A business waiting days for funds to clear can lose access to working capital or miss growth opportunities.
Stablecoins, a group of cryptocurrencies tied to fiat money like the U.S. dollar, aim to offer a cheaper, faster alternative to traditional payment rails by routing transactions onchain, bypassing banks. Stablecoins have grown to a $300 billion asset class and are increasingly popular in emerging countries for everyday payments and savings.
"Businesses in emerging economies process billions in cross-border payments annually, yet still face high costs and slow settlement times," Olugbenga Agboola, founder and CEO of Flutterwave, said in a statement. "By partnering with Polygon, we're introducing a solution that makes international payments even more simple and affordable than many local ones."
With this move, Flutterwave joins a growing list of financial players betting on stablecoins on blockchain rails to solve longstanding payment bottlenecks. For example, Western Union, an ubiquitous global money transfer network, just announced it would roll out its own stablecoin on the Solana SOL $162.34 blockchain with U.S. crypto bank Anchorage Digital next year. PayPal (PYPL) launched its PYUSD stablecoin with Paxos in 2023, while Stripe is building its own blockchain and stablecoin infrastructure. #solana
Ray Dalio, a former hedge fund manager, argues that the US Federal Reserve's recent monetary policy easing is inflating an economic bubble, potentially increasing hard asset prices. He notes that this move marks the end of a 75-year economic cycle. Traditionally, the Fed lowers interest rates during economic downturns, high unemployment, and falling asset prices, as seen in the Great Depression and the 2008 crisis. However, the current easing occurs amidst low unemployment and economic growth, indicative of a late-stage economy burdened by excessive debt. Dalio warns that this scenario is inflationary and advises investors to monitor fiscal and monetary developments closely. He suggests that ongoing inflation and currency devaluation could benefit Bitcoin, gold, and other assets viewed as safe havens against macroeconomic and geopolitical uncertainties. Despite a recent 25 basis-point rate cut, which typically boosts crypto markets, the anticipated nature of the cut led to minimal market reaction, as investors had already priced it in.
$BTC $BNB $ETH In the Puppies Coin community, it’s not just about holding a token – it’s about being part of a family that shares ideas, celebrates wins, and grows stronger every day. 🚀 Whether you’re here for the fun, the memes, or the long-term vision,ETH Puppies Coin welcomes everyone with open paws.