According to Coindesk, World Liberty Financial has announced that its USD stablecoin USD1 has become multi-chain available via Chainlink's Cross-Chain Interoperability Protocol (CCIP). The announcement was made at Consensus 2025 by the World Liberty Financial team, Chainlink co-founders Sergey Nazarov, and Eric Trump.
According to Cointelegraph, Mayer Mizrachi, the mayor of Panama City, may have hinted at the establishment of a city-level bitcoin reserve after meeting with two Salvadoran bitcoin policy leaders. Mizrachi posted the "Bitcoin Reserve" message on social platform X on May 16 after meeting with Salvadoran bitcoin consultant Max Keiser and the head of the bitcoin office, Stacy Herbert. The trio also discussed how Panama and El Salvador are using renewable energy to promote bitcoin mining, while Pana...
According to official data, in the 7 days ended May 15, Circle issued about 2.9 billion USDC, redeemed about 3.70 billion USDC, and reduced the circulation by about 800 million. The total circulation of USDC is 60.50 billion, and the reserve is about 60.70 billion US dollars, of which cash is about 7.30 billion US dollars, and the Circle Reserve Fund holds about 53.40 billion US dollars.
According to on-chain data analyst Ember monitoring, "Big Brother Ma Ji" Huang Licheng continued to spend 1 million USDC to buy 36,759 HYPE an hour and a half ago. He used 1.75 million USDC to buy a total of 64,043 HYPE today, with an average price of $27.3.
On-chain data analyst Murphy posted on social media that the average cost of Bitcoin long-term holders (LTH) has suddenly risen rapidly recently, with a 7-day cost change rate of 9.57%. In addition to the transformation of some short-term holders (STH) high-level chips into LTH, there must be some low-cost long-term chips sold, which has raised the overall cost. Now the average cost of LTH is around $31,000, indicating that there are many costs below 3...
7:00-12:00 Keywords: Dollar Depreciation, US Debt, LIBRA Meme Morgan Stanley: The dollar could lose another 6% this year. In March, China reduced its holdings of US $18.90 billion US bonds and its holdings fell to the third place. 3. Argentine courts freeze the assets of point persons related to LIBRA Meme; 4. A U.S. court has approved Trump's plan to suspend union bargaining for hundreds of thousands of federal employees. 5. Trump says India has offered to cut U.S. tariffs, but he is not in a h...
According to Lookonchain, a giant whale address cleared 10,543 ETH (about $26.10 million) at an average price of $2,476 in the past hour. Affected by the market decline, its position in just two days of floating losses of $2 million.
According to TraderT monitoring, the US spot bitcoin ETF saw a net outflow of 478.70 million dollars this week.
Market News: The United States has proposed a 5% tax on remittances from non-citizens.
A federal appeals court in the United States has reversed an injunction that had previously blocked President Donald Trump's administration from stripping hundreds of thousands of federal employees of their right to unionize and bargain collectively over working conditions. The Court of Appeals for the District of Columbia Circuit voted 2-1 to stay an injunction issued by a judge at the request of the National Union of Treasury Employees (NTEU), which had blocked the Trump administration from im...
The market shows that ETH broke through $2500, and it is now reported as $2500.49, with a 24-hour decline of 2.62%. The market fluctuates greatly. Please do a good job in risk control.
According to The Block, cryptocurrency investment agency Paradigm has hired Cobie as an advisor. Cobie is the founder of cryptocurrency investment platform Echo, which allows retail investors and members of the cryptocurrency community to participate in early-stage funding rounds for projects on similar terms to venture capital institutions. Previously in February, on-chain data analyst ZachXBT also joined Paradigm as an incident response advisor.
The market shows that BNB has broken through $640 and is now quoted at $640.09, with a 24-hour decline of 2.37%. The market is volatile, so please do a good job in risk control.
Jitania Kandhari, chief investment officer at Morgan Stanley Investment Management, said the dollar's recovery at the start of the week was a "contrarian rally" and that its fundamentals were still pointing to a decline. "It's a contrarian rally, but the long-term fundamentals still point to further dollar declines, possibly another 6 per cent this year." It will take time for US investors to diversify away from domestic assets because "US investors have a significant domestic bias", but the cli...
According to on-chain data analyst Ember monitoring, it is suspected that the Lido team's home address has once again transferred 6.70 million LDOs (about 6.61 million US dollars) to Binance, OKX, Bybit, and Gate in the past 24 hours. This organization or team has accumulated 17.81 million LDOs (about $18.14 million) into CEX in the last 4 days. The LDO price has also fallen 20% from $1.16 to the current $0.93 during this period.
According to Lookonchain, a giant whale address that had been quiet for 4 years suddenly became active recently, and 2.96 million USDC was extracted from Coinbase and stored in Hyperliquid. The address then took a highly leveraged short position on ETH, PEPE, WIF and OP, achieving a profit of over $2.40 million within four hours.
President Donald Trump said India had offered to cut all tariffs on American goods, but he played down the urgency of reaching a trade deal with the world's fourth-largest economy. In the interview, Mr. Trump cited India as an example of cutting barriers. "They make it almost impossible to do business. Did you know they would be willing to cut tariffs 100 percent for the United States?" Mr. Trump said. So...
On May 17, Trump said India had offered to cut all tariffs on US goods, but he played down the urgency of reaching a trade deal with the world's fourth-largest economy. In an interview, Trump used India as an example of cutting barriers. "They make it almost impossible to do business. Do you know they are willing to cut tariffs by 100 per cent for the US?" Trump said. But on the possibility of a deal, Trump sent a different signal, saying: "It will be done soon. I'm not in a hurry. Look, everyon...
Galaxy Digital announced on social media that it has officially listed on Nasdaq under the ticker symbol GLXY.
According to FarsideInvestors monitoring, yesterday Fidelity FBTC net inflow of $67.90 million, FETH net inflow of $13.60 million.
