Four-month minimum: The asset’s value fell to $61,309 in the last 24 hours before experiencing a slight rebound. Massive profit-taking: A wallet identified as “pension-usdt.eth” closed a 1,400 $BTC short, consolidating a profit of 3.56 million dollars. Record liquidations: The derivatives market recorded the loss of 634.6 million dollars stemming exclusively from liquidated bullish positions.
Largest U.S. banks have moved toward a shared tokenized deposit network as stablecoin firms push deeper into payments and corporate finance. The Wall Street Journal reported that the Clearing House will run the system, a real-time payment network owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other major commercial banks. The network
0x Protocol (a DEX aggregator API that has routed $180 billion in swap volume since 2017) opened its Cross-Chain API to general availability Wednesday. Twelve bridge providers are live from day one, accessible through a single API call. The partner list includes Circle, Chainlink, USDT0, Relay Protocol, LayerZero, Optimism, Across Protocol, Mayan, Stargate Finance, NEAR
M3 DAO, a well-known community-led Web3 network, has partnered with FISH, a prominent Web3 gaming ecosystem. The partnership between M3 DAO and FISH aims to combine engaging Web3 entertainment with decentralized governance. As per M3 DAO’s official social media announcement, the development underscores the start of a new era of player engagement with the launch
Lorenzo Valente, Director of Digital Asset Research at ARK Invest, argued that many protocols in the cryptocurrency market are being overlooked by investors and that the next big wave of opportunity could come from these “neglected” assets. Valente, in his assessment, noted that despite numerous crypto projects falling by 70% to 90% from their peak
Benjamin Cowen, a leading analyst in the cryptocurrency market, joined other market experts in his latest broadcast to discuss the current state of Bitcoin, MicroStrategy’s moves, and developments that could affect global financial markets. Cowen commented on MicroStrategy’s (and Michael Saylor’s) sale of 32 Bitcoins worth approximately $2.5 million after a long hiatus. He stated
Ray Dalio just laid out five hard truths about how markets really work. For crypto-only investors, one of them reads like a warning. The billionaire built one of the world’s largest hedge funds. He posted the lessons in a note after decades of global macro investing. The Five Hard Truths Dalio argues that most people
The value of real-world assets (RWA on Stellar) surpassed $2 billion by mid-2026. The SEP-40 standard defines the unified interface through which the network’s smart contracts request price data. RedStone has implemented this standard with production support for nine assets on the blockchain. The mid-year records reveal that Stellar’s RWA ecosystem has experienced a notable
Sending money across borders for business has always been slow and expensive. Banks charge high fees, exchange rates take a cut, and transfers can take days. The cost is heaviest in Africa, for context, sending money to Sub-Saharan Africa averages 7.9% in fees on a $200 transfer, the highest of any region, according to the