Ethena Labs announced Coinbase International as the latest hedging platform for USDe's underlying assets. "Coinbase's unpositioned squaring contracts have recently surpassed $1 billion, providing significant liquidity to diversify the hedging of USDe's underlying assets through attractive funding rate allocations."
According to analyst Ember Monitor, a giant whale has raised another 17,925 ETH from Kraken in the past half hour, worth about $50 million. A total of 72,050 ETH worth $200 million has been raised in 22 hours.
Kraken has launched local currency financing services in Argentina and Mexico, where customers can now deposit local currencies - ARS and MXN - via domestic payment methods, providing faster and easier access to Kraken's crypto services.
In addition, in Argentina, Kraken is now officially registered as a virtual asset service provider (VASP) with Argentina's National Asset Management Commission (CNV), enabling it to operate in full compliance with local regulations.
As of 23:00 closing, the main domestic futures contracts rose more and fell less, coking coal and glass rose more than 2%, iron ore, hot coil, coke, rebar, rubber, rapeseed meal, soda ash, synthetic rubber, No. 20 rubber rose more than 1%, in terms of decline, fuel fell more than 1%, short fiber fell nearly 1%
Federal Reserve Musalem: Stablecoins are an interesting innovation in payments, and it's good to have a regulatory framework. Stablecoins could become an important part of payments.
Former US Vice President Mike Pence supported Trump's speech on the Federal Reserve and its policies, and reiterated his opposition to the Fed's dual mandate of balancing prices and employment. Click to view...
According to crypto journalist Eleanor Terrett, the U.S. Senate Banking Committee plans to postpone discussion of the draft Crypto Market Structure Act until next week, with the original goal of this week. Meanwhile, the House Ways and Means Oversight Subcommittee has rescheduled a hearing on the development of the Crypto Tax Policy Framework for the 21st Century to next Wednesday (16th), during "Crypto Week".
President Trump of the United States said on social media: Technology stocks, industrial stocks, Nasdaq index hit all-time high! Cryptocurrency "rose through the ceiling". Nvidia shares are up 47% since Trump imposed tariffs. The United States is imposing hundreds of billions of dollars in tariffs. The country is now "back". Great honor! The Federal Reserve should quickly lower interest rates to reflect this strength. The United States should be at the "top of the list". No inflation!!
EIA Natural Gas Report: As of the week of July 4, total U.S. natural gas inventories were 3.006 trillion cubic feet, an increase of 53 billion cubic feet from the previous week, a decrease of 184 billion cubic feet from the same period last year, a decrease of 5.8% year-on-year, and a 173 billion cubic feet higher than the five-year average, an increase of 6.1%.