A potential insider whale or a gambler initiated a $102.9 million short position on $BTC with 40x leverage today. Should Bitcoin rise to $64,900, that position will be liquidated in its entirety.
Aave is discontinuing support for 50 low-liquidity assets and completely closing markets in six networks: Sonic, Scroll, zkSync, Metis, Soneium, and Aptos (an additional 25 assets).
🚀 #BTC Bitcoin long-term-holder supply climbed to an all-time high of 14.85 million BTC at the end of Q1, according to Ark Invest. Conviction continues to grow. #BTC
UPDATE: A new CLARITY Act draft has been released, merging the Senate Banking and Agriculture Committee versions and adding an ethics provision for the first time.
A motion to proceed is expected Monday or Tuesday, with a possible floor vote the week of August 3.
Binance.US is relaunching after two years of inactivity, aiming for 20% of the US market. CEO Steven Gregory announced ultra-low fees: 0% for makers and 0.02% for takers.
Plans include obtaining licenses for derivatives, perpetual contracts, and prediction markets.
😲 For you to know: Altcoins are now facing the WORST selling pressure in 5 years!
For 15 straight months, altcoins have seen continuous net selling on spot exchanges. Only 36 of the TOP 100 are in profit with over $209 BILLION in net selling.😁
👌 This is what a proper cleanup looks like. Weak and sick projects should die, the strong ones will survive. Let those millions of useless tokens rest in peace.