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Andrew Tate has booked a $16,000 gain from betting against Kanye West’s meme coin YZY, even as the token’s market collapse highlights the risks surrounding celebrity-linked cryptocurrencies.
On-chain data from CryptoQuant indicates a growing divergence between Bitcoin (BTC) and Ethereum (ETH), underscoring shifting market dynamics that could define the next phase of capital flows in digital assets.
Injective has entered into a strategic partnership with global investment platform Republic, aiming to expand access to tokenized private market opportunities and accelerate institutional adoption of blockchain-based finance.
Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies.
Thirteen wallets pocketed over $24.5 million from trading Kanye West’s newly launched YZY token before its price crashed, blockchain data from Nansen shows.
In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC).
- 20:09The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $756.1 million on Friday.Jinse Finance reported that the Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Friday was $756.1 million, compared to $221.7 million in the previous trading day.
- 20:04Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.According to ChainCatcher, citing Coinglass data, in the past 24 hours, the total liquidation across the network reached 288 million US dollars, with long positions liquidated for 163 million US dollars and short positions for 125 million US dollars. Among them, bitcoin long positions were liquidated for 40.768 million US dollars, and bitcoin short positions for 48.2573 million US dollars. Ethereum long positions were liquidated for 26.3366 million US dollars, and Ethereum short positions for 34.3365 million US dollars. In addition, in the past 24 hours, a total of 109,707 people were liquidated globally, with the largest single liquidation occurring on a certain exchange - BTCUSDT, valued at 5.8224 million US dollars.
- 19:42President of the European Central Bank: Interest rates are at an appropriate levelJinse Finance reported that European Central Bank President Christine Lagarde stated that the current interest rate level is within an appropriate range and that the ECB is fully prepared with its policies. "In my view, the interest rate levels set at the previous meetings are appropriate," Lagarde said in an interview. "Given that the inflation cycle is now under control, we are always in a favorable position." When discussing risks to the inflation outlook, she pointed out that the range of risks has narrowed, but if the United States imposes additional tariffs or if supply chains are disrupted again, prices may once again face upward pressure.
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MoreData: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.
Global regulatory actions on cryptocurrencies push the industry to find equilibrium between advancing technology and adhering to legal standards