πΊπΈπ€ St. Cloud Financial Credit Union (SCFCU), a Minnesota-based institution with >$400 million in assets, plans to issue its own Cloud Dollar (CLDUSD) stablecoin.
Meanwhile, Michigan-based mortgage lender LitFinancial unveiled its litUSD steiblcoin. #stablecoin
Meanwhile, Michigan-based mortgage lender LitFinancial unveiled its litUSD steiblcoin. #stablecoin
ππ€ #BTCβs short-term correlation with Gold has flipped negative (30D: -0.53), while longer horizons remain modestly positive (365D: 0.65).
π
ββοΈπ #ETH Kiln, an institutional steaking provider, said it has begun an "organized exit" of all its Ethereum (ETH) validators to protect customers after $41.5 million was stolen from a SwissBorg wallet.
π΄ββ οΈπΈ Evoq Finance in BNB Chain network was attacked. ~$420k worth of funds were stolen.
π₯³ #TRX Ledger released an iOS app for their enterprise customers and added support for the TRON blockchain.
π Sentora: Stablecoins have surged since late 2023, and momentum is accelerating as mainstream interest grows.
The GENIUS Act is a key catalyst, giving banks and other institutions clearer rules and a regulated on-ramp into the crypto market. #stablecoin
The GENIUS Act is a key catalyst, giving banks and other institutions clearer rules and a regulated on-ramp into the crypto market. #stablecoin
πΊπΈπ SEC Chairman Paul Atkins said the SEC will ensure the ability to raise capital in blockchain without endless legal reviews will develop a "Super-App Trading Platform."
πΈπͺ #BTC Swedish public company H100 Group buys 21 additional Bitcoin and now holds 1,025 BTC.
ππ #BTC has seen three major ranging phases this cycle, each lasting several months. A new range began in late August, with BTC now at $111k, just under the MVRV +0.5Ο band (~$115k). The market is consolidating, awaiting a breakout.
π #LTC Santiment: Yesterday, holders of >1k LTC added another 181k coins to their wallets.
ππ #BTC Analyst: Profit/loss ratio for short-term holders has returned to breakeven level.
π½π The U.S. Senate Banking Committee has nominated cryptocurrency-friendly Stephen Miran for an interim position on the Federal Reserve Board of Governors