|
Hi there, this is your daily dose of Crypto News.
|
|
|
Essential Brief Newsletters.
Explore More from Essential Brief
💼 Board News – Stay on top of global affairs, business, and markets in 5 minutes a day.
🪙 Crypto – The fastest way to catch up with Bitcoin, DeFi, NFTs, and regulations.
👁️🗨️ AI Today – Daily updates on breakthroughs, tools, and industry trends.
👉 Subscribe all at Essential Brief.
|
- Bitcoin’s on-chain data signals market exhaustion despite modest price dips, highlighting the importance of defending the $111,000 support level to sustain the current rally and avoid deeper declines.
- Long-term holders have realized record profits, increasing selling pressure while institutional demand wanes, creating a fragile balance that tests Bitcoin’s resilience amid shifting capital flows.
- Derivatives markets show heightened volatility and downside risk, but recent deleveraging clears excess leverage, offering a potential reset that could support healthier market consolidation ahead.
- REX-Osprey launched the first US Ethereum staking ETF, blending spot ETH exposure with on-chain staking rewards. This innovative product offers monthly payouts directly to investors.
- The ETF operates under a regulated framework, ensuring transparency and full reward distribution without fees taken by the fund. It builds on REX-Osprey’s prior success with Solana staking ETFs.
- Despite cooling demand for spot Ethereum ETFs, this launch could revitalize interest by combining asset growth with staking yields, providing a unique, tax-efficient option for crypto investors.
- Stablecoin supply has surpassed $300B in 2025, marking rapid growth and strong adoption. This milestone highlights stablecoins as a leading crypto sector with expanding global usage.
- Tether dominates with 58% market share, followed by USDC and USDe. Ethereum and Tron lead issuance, showcasing stablecoins’ growing role across major blockchain networks.
- Regulatory clarity from the GENIUS Act boosts confidence, enabling banks and crypto firms to innovate. Stablecoins are bridging crypto and traditional finance, unlocking new business opportunities.
- BNB Chain's active users soared to a record 56.4 million, marking a 9.5% rise and signaling a vibrant resurgence in the Binance Smart Chain ecosystem. This growth highlights strong community engagement.
- New token launches like STBL and ASTER, plus a major Aster DEX airdrop, have fueled user activity and trading volume. BNB Chain's ecosystem is thriving with innovative projects attracting traders.
- DEX volumes surged to $24B in one week, aiming to surpass $35B soon. Aster DEX leads perpetual derivatives trading, showcasing BNB Chain's expanding DeFi influence and dynamic market momentum.
- World Liberty Financial, backed by the Trump family, is set to launch a debit card and retail app soon. These products will integrate stablecoin USD1 for seamless everyday payments.
- The retail app will combine peer-to-peer transfers with trading features, aiming to enhance user experience and expand World Liberty’s presence in consumer financial markets.
- Additionally, World Liberty signed an MoU with South Korea’s Bithumb exchange to explore future business opportunities, signaling promising international collaboration ahead.
- Cloudflare launched NET Dollar, a U.S. dollar-backed stablecoin designed to enable instant, global payments for autonomous AI agents, supporting the emerging AI-powered internet economy.
- This innovation aims to replace traditional ad-driven models with microtransactions, fostering pay-per-use and fractional payments that reward original, creative online content.
- By leveraging its global network, Cloudflare is modernizing financial infrastructure to speed up internet transactions, promoting a more open, valuable, and efficient digital economy for developers and users.
- Ethereum whales have accumulated 210K ETH at an average price of $4,100, signaling confidence and a potential buying opportunity amid recent price pullbacks. This suggests a strategic reset.
- Despite institutional outflows totaling $290M from ETH ETFs, whales continue stacking, indicating strong hands preparing for a rebound while weaker holders exit the market, supporting a positive outlook.
- Market volatility remains, but historical trends show such pullbacks often precede recoveries. Whale accumulation hints at a healthy reset, offering investors a promising entry point for Ethereum’s next phase.
|
|
|
Not subscribed to
Crypto News Today?
|
|
|
|
|
|
|
|
Do you want to talk? Send me a
message
|
|
You were sent this message because you subscribed to
Crypto News Today
unsubscribe
|
|
|
|
|
|
|