📊👀 #BTC short-term holders (STH) realized losses spiked to $23.4M yesterday, marking one of the largest spikes in the past three months. For comparison, previous peaks clocked in at $38M on Feb 3 and $25M on Dec 20. glassnode
💰 The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Blockaid ($50M), a Web3 security startup, Cygnus ($20M), a modular real yield layer and first Web3 Instagram App Layer, and Kinto ($20M), an Ethereum L2 with built-in compliance mechanisms.
💰 The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are HashKey ($30M), a digital asset financial service, Plasma ($20.5M), a blockchain purpose-built for stablecoins and Legend ($15M), a decentralized finance platform.
📝🤔 A recent report from HTX Ventures highlights how stablecoins could transform #DeFi, with new regulations paving the way for their mass adoption.
With stablecoins now accounting for more than 50% of transactions on the blockchain, their role in cross-border payments and financial systems is expanding.
🇺🇸 #ETF Bloomberg analysts have analyzed spot crypto ETF applications and noted a relatively high chance of approval across the board. #LTC, #SOL, #XRP and #DOGE have particularly high chances of approval.
🇭🇰 Hong Kong recognizes #BTC and #ETH as proof of assets for investment immigration applications. Clients must prove HK$30M in assets and invest the same within 6 months to qualify.
🇺🇸👀 #BTC Trump signed an Executive Order establishing a Sovereign Wealth Fund to invest in national projects like highways and airports—maybe even Bitcoin, judging by Senator Lummis' reaction: "This is a ₿ig deal."