#BANANA gave a shallow break of the falling wedge #pattern and still going through consolidation. Price can #move down from here or after a retest of the resistance, expecting a new lower low. #crypto
🇺🇸🔮 CFTC Chairman Backs Polymarket: Sometimes More Accurate Than Polls
CFTC Chairman Michael Selig argues that #prediction markets are a vital tool for debunking fake news, noting they proved more accurate than traditional polling during the 2024 election. He emphasizes the need for US regulatory guardrails to foster domestic #innovation and prevent jobs from moving offshore. Selig further highlights that unlike casinos where players bet against the house, #prediction markets provide legitimate financial value through essential investor protections like order books. #regulation
🐳 Whales are accumulating $TRUMP for Trump's Luncheon. Whale 8DHkza withdrew 850,488 $TRUMP ($2.4M) from #Bybit in the past 2 days. Whale 7EtuAt withdrew another 105,754 $TRUMP ($298K) from #Binance 17 hours ago and currently holds 1.13M $TRUMP ($3.2M). #crypto
#BTC had a good closing last week, and this week it has directly tapped into the key resistance again. Price is now rejecting the area and remains stuck within the consolidation range. We need to wait for the market to do something clear. Month-end has a ton of news events, for which price can start anticipating now. #crypto
Circle is quietly becoming the leading issuer of euro-denominated stablecoins through $EURC. #DeFi analyst Ignas called the #shift a “European fail,” arguing regulation may have handed Circle the edge rather than local innovation. #crypto
🕵️ Chainalysis: Stablecoin Economic Volume Could Reach $719T by 2035
According to a new report from Chainalysis, the inflation-adjusted real economic transaction volume of stablecoins could grow from $28 trillion in 2025 to $719 trillion by 2035. Upside potential could approach $1.5 quadrillion under additional macro catalysts. The report highlights an estimated $100 trillion global intergenerational wealth transfer beginning in 2028 as a key driver, with millennials and Gen Z showing significantly higher #adoption of #crypto assets. It also projects that stablecoin payment processing volume could reach parity with traditional networks such as Visa between 2031 and 2039. #stablecoin
The $1.6B SPAC deal between Dynamix Corp (DYNX) and The Ether Machine has been scrapped due to unfavorable market conditions. Dynamix will receive a $50M termination payment. The Ether Machine still holds over $1B in $ETH in its treasury. #crypto