Fed officials are watching stablecoins! Minutes show they think the new GENIUS Act could boost stablecoin use, potentially *increasing* demand for U.S. Treasury bonds. They’re also monitoring risks to banks & the financial system. #stablecoins #fed #treasurybonds
#crypto #blockchain #news
Musk denies WSJ report of pausing a new political party. He says the report isn’t accurate. VP Harris says she hasn’t discussed the 2028 election with Musk & believes a Musk-led third party would be a “mistake.”
#crypto #blockchain #news
Fed’s Bostick says crypto isn’t currently a systemic risk to the financial system due to its size. The Fed is still watching the space, but doesn’t see a major threat right now. #crypto #fed #finance
#blockchain #news
US stocks mixed Wed: Dow up slightly, S&P 500 -0.24%, Nasdaq -0.67%. Intel plunged 7%, Tesla -1.6%. China’s Nasdaq Golden Dragon Index +0.33%. Blockchain stocks gained modestly.
#crypto #blockchain #news
Coinbase added 5 new assets to its listing roadmap: AWE, DOLO, FLOCK, LAYER, & SPX! 🚀 Listings depend on market support & tech requirements – dates TBA. Details & contract addresses here: link to original article
#crypto #blockchain #news
US lawmakers propose a bill allowing the President to authorize private entities to pursue & apprehend crypto fraudsters operating overseas. Aim is to combat theft & recover stolen funds, leveraging the borderless nature of crypto. #crypto #legislation
#blockchain #news
Winklevoss twins donate $21M in Bitcoin to Digital Freedom Fund PAC to boost US crypto innovation & influence midterm elections. They’ll advocate for pro-crypto legislation & oppose CBDCs, supporting SEC/CFTC’s “Project Crypto.” #Bitcoin #crypto #regulation
#blockchain #news #BTC
Crypto markets faced $488M in liquidations over the last 24hrs, per Coinglass. Shorts were hit hardest ($318M), with BTC & ETH accounting for $120M & $191M respectively. Increased volatility & risk ahead. #crypto #liquidations #BTC #ETH
#blockchain #news #Bitcoin
High-leverage trader on Hyperliquid lost $6.99M ETH position after a risky 25x bet. They initially deposited $125k, took profits ($130k withdrawal), then doubled down to $15.75M exposure. Liquidated at $4,183. 📉 #DeFi #ETH #Liquidation
#crypto #blockchain #news
HTX Exchange partners with Beacon Network (led by TRM Labs) to proactively combat crypto crime! 🤝 This new network focuses on *preventing* illicit fund flows & strengthens security against cyberattacks & money laundering. #crypto #security #compliance
#blockchain #news
Kraken & Backed partner with TRON DAO to bring stock tokenization (xStocks) to the TRON blockchain! 🚀 This expands access to tokenized stocks for Kraken users in select areas, using the TRC-20 standard with 1:1 asset backing. Bridging TradFi & DeFi! 🔗
#crypto #blockchain #news
Bitcoin's rally is cooling as demand drops (now 59k coins vs. July's 174k) & ETF purchases hit April lows (11k coins). CryptoQuant suggests $110k could be strong support, as it's a key realized price for on-chain traders & may curb selling. #Bitcoin #crypto
#blockchain #news #BTC
New wallet withdrew $4.35M+ in UNI & ETH from Binance: 234,083 UNI (~$2.35M) & 485.77 ETH (~$2M). Spotted by Onchain Lens. 👀
#crypto #blockchain #news
USDC Treasury Burns 50 Million USDC on Ethereum Network
According to Whale Alert, the USDC Treasury burned 50 million USDC on the Ethereum network at 22:03 Beijing time, valued at approximately $50.0275 million.
#crypto #blockchain #news
DOJ reportedly opened a criminal probe into Fed Governor Lisa Cook, treating it with “high seriousness.” Follows calls for investigation & resignation from ex-Pres. Trump. (via Jinshi Data)
#crypto #blockchain #news
A whale transferred $9.15M (2,200 ETH) from Binance to Aave V3, signaling potential borrowing in DeFi. – via Onchain Lens.
#crypto #blockchain #news
Bitcoin & Ethereum ETFs saw combined $645M outflows on Aug 20, per Lookonchain. $412M left Bitcoin ETFs, $233M exited Ethereum. Fidelity accounted for a large share. Despite outflows, Fidelity still holds ~$2.25B BTC & ~$3.04B ETH. #Bitcoin #Ethereum #ETF
#crypto #blockchain #news #BTC
Trump is calling for an investigation & resignation of Fed Governor Lisa Cook following allegations of mortgage fraud. The call follows a request from the head of the Federal Housing Finance Agency. Fed & DOJ haven't commented. Cook was nominated by Biden, term until 2038.
#crypto #blockchain #news
New Wallet Withdraws $2.3 Million in ONDO and ENA from Binance
A newly created wallet has withdrawn 1.35 million ONDO (approximately $1.26 million) and 1.6 million ENA (approximately $1.03 million) from Binance within the past hour, according to Lookonchain monitoring.
#crypto #blockchain #news
Kraken acquires Capitalise.ai, a no-code trading platform! 🚀 This will bring easier trading automation to Kraken Pro users later this year – design, backtest & automate strategies with simple text commands. Lowering the barrier to advanced trading! 💡 #Kraken #trading #automation
#crypto #blockchain #news
