๐บ๐ธ๐ Over the past year, US-based stablecoins like #USDC and #PYUSD grew +104% to $67.5B โ while non-US stablecoins still lead with $173.7B (+41%).
The surge reflects rising institutional demand, backed by regulatory clarity and trust in American issuers. #stablecoin
The surge reflects rising institutional demand, backed by regulatory clarity and trust in American issuers. #stablecoin
๐๐ค #ETH supply on exchanges has been steadily declining for over a month now, suggesting a supply shock is on the horizon.
Increased demand + decreased available supply could rcreate a sharp price rally
Increased demand + decreased available supply could rcreate a sharp price rally
โ ๏ธ Reports indicate that there was a widespread internet outage affecting Spotify, Google, Discord, Twitch, Firebase and Cursor; Cloudflare and AWS services were also affected.
๐ฝ๐ #COIN Coinbase launches cryptocurrency futures in the US, and integrates DEX on Base into its app
๐ #S Coinbase added the cryptocurrency Sonic to its asset roadmap. Sonic's market capitalization: 1032 million dollars.
๐ฎ๐ฑ๐ฎ๐ท Israel says it has carried out preemptive strikes on Iran. #macro
๐ธ #BTC Over the past 24 hours, ~$1.14 billion worth of contracts have been liquidated, of which longs have liquidated ~$1.04 billion and shorts ~$100.89 million.
๐ฎ๐ #BTC Galaxy Digital CEO Mike Novogratz says Bitcoin could hit $1 million if adoption trends continue and it replaces gold as a store of value.
๐ #BTC CEO CQ: Long-term holders have accumulated 881,578 BTC in the last 30 days.
๐๐ #BTC CQ: After a local peak of 0.96 on June 11, the Advanced Net UTXO Supply Ratio fell to about 0.806 over the next 48 hours. If the Ratio corrects below 0.80 on the daily chart and holds there, thatโs a classic โbuy signal.โ
A base for a new micro-rally could form around $102โ$105K. If the Ratio keeps falling and BTC price breaks below $100K, selling pressure is likely to intensify again.
A base for a new micro-rally could form around $102โ$105K. If the Ratio keeps falling and BTC price breaks below $100K, selling pressure is likely to intensify again.
๐ฐ #ETH SharpLink Gaming acquires 176,271 ETH for $463 million and becomes the largest public holder of ETH.
๐๐ค #BTC Anthony Pompliano expects a quick recovery for Bitcoin after the escalation of the Iran-Israel conflict.