💰 Pompliano's Procap company bought 3,724 Bitcoins at $103.78 (worth a total of $386.5 million).
🗽👀 Powell: Banks can provide banking services to the cryptocurrency industry and conduct related business as long as the financial system is safe and sound.
Legislation related to stablecoins is moving forward.
Legislation related to stablecoins is moving forward.
Bitcoin Magazine
🗽👀 Powell: Banks can provide banking services to the cryptocurrency industry and conduct related business as long as the financial system is safe and sound. Legislation related to stablecoins is moving forward.
🇺🇸🗣 #macro Powell:
- We don't see any signs of weakness in the labor market. If we see weakness in the labor market, we will take steps to adjust. As long as the economy remains strong, we may pause for a while;
- Our current interest rate level is high;
- The reason we are not lowering the interest rate now is that both the Fed's domestic and external economic forecasts indicate that inflation will rise significantly this year;
- A weakening labor market suggests a more rapid rate cut.
- We don't see any signs of weakness in the labor market. If we see weakness in the labor market, we will take steps to adjust. As long as the economy remains strong, we may pause for a while;
- Our current interest rate level is high;
- The reason we are not lowering the interest rate now is that both the Fed's domestic and external economic forecasts indicate that inflation will rise significantly this year;
- A weakening labor market suggests a more rapid rate cut.
🇺🇸🙅♂ #BTC Powell: The Fed does not own BTC and is not looking to acquire it.
Bitcoin Magazine
🇺🇸👀 Crypto #ETF Flows Today: #BTC-ETFs: NetFlow: +3,179 BTC ($334.97M) 🟢 Blackrock inflows 2,113 BTC ($222.59M) and currently holds 685,585 BTC ($72.23B); #ETH-ETFs: NetFlow: +41,387 ETH ($100.7M) 🟢 Fidelity inflows 26,219 ETH ($63.79M) and currently holds…
🪨 BlackRock is back to buying #ETH — withdrawing 11,185 ETH ($27.2M) today.
📈 #SOL CME futures volume hit an all-time high of 1.75 million contracts, reflecting rising institutional interest as the price climbs back to $145.
🌐 #Stablecoin Transaction Share by Region
Since 2024, NA share rose from 38% to 42%, while EU has made a significant leap from 16% to 34%. Asia, on the other hand, fell sharply: 33% → 12%.
However, 99.8% of the total stablecoin supply remains USD-based.
Since 2024, NA share rose from 38% to 42%, while EU has made a significant leap from 16% to 34%. Asia, on the other hand, fell sharply: 33% → 12%.
However, 99.8% of the total stablecoin supply remains USD-based.
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🇺🇸🗣 #BTC US Treasury Secretary Scott Bessent says Bitcoin is "freedom" and it is "here to stay."
📈 #ETH accumulation hit a new ATH
Addresses identified as long term holders now control 22.8M ETH a consistent rise that hasn’t slowed down, even during price volatility.
Accumulation like this reflects the conviction in ETH's long term role in crypto infrastructure.
Addresses identified as long term holders now control 22.8M ETH a consistent rise that hasn’t slowed down, even during price volatility.
Accumulation like this reflects the conviction in ETH's long term role in crypto infrastructure.
📊📈 #BNB Chain has seen an absolute explosion in trading volume over the past month.
Since the start of the year, their market share has skyrocketed from ~10% to nearly 70%.
Since the start of the year, their market share has skyrocketed from ~10% to nearly 70%.
📊 #LINK Santiment: the +11% jump in LINK's price was due to the number of holders surpassing an all-time high, reaching 769,380. In addition, active wallets over the last year amounted to -17.3%, indicating that long-term investment timeframes are in the zone of opportunity.
😃 CZ: if you sold the dip, you need to stop following weak minds and start following the right people.
📊👀 #BTC CQ: The weekly net flow (NetFlow) on CEX remains negative at –4,300 BTC, meaning the volume of withdrawn coins exceeds the volume of deposited coins, despite the overall decline in flows.