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🏦 Banks say stablecoin yield could threaten the system. @Reeve_Collins says the real threat is competition. He argues banks may slow stablecoin progress, but they can't stop it. 🎥 Watch the full interview to hear where he thinks this fight goes next.
2030 may arrive faster than banks expect. 👀 @wefi_official chairman @Reeve_Collins joins @2084Richardson on the GENIUS Act, RWAs, AI agents, WeFi, STBL and why stablecoins could become default money by 2030. Would you even need a bank app? Full interview. ⏬
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NEW: 💸 Bitwise's @AsadIshmael reported a massive new bull run in on-chain finance this week. While prices stagnated, stablecoins, tokenized stocks & treasuries, and vaults continued to multiply. He calls a "tsunami" of capital coming via stablecoins and RWAs. 🌊
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🚨🚨 JUST IN: White hats swept 23,155 NFTs worth over $5.7M to safety after a bug tied to old Magic Eden-era approvals exposed thousands of assets. Roughly 660 WETH still slipped through. news.bitcoin.com/security/wh…
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NEW: 🇺🇸 "Trading continues to become faster, more automated, and increasingly global," CFTC's Mike Selig said on the future of markets this week. "Participants expect markets that are more accessible, more efficient, and in many cases, available on a 24-7 basis."
NEW:🇺🇸 "Markets are increasingly operating across digital infrastructure through blockchain technology, stablecoins and other innovative technologies," says CFTC's Mike Selig. "Trading continues to become faster, more automated and increasingly global."
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NEW: 💰 Bitget founder Gracy Chen confirmed a Sept. 24 breach this week, affecting ~$351.6M from hot and warm wallet infrastructure. Cold wallets remain secure. Bitget's $464M+ User Protection Fund covers the full loss. Learn more. 👇
🔎 DEEP DIVE: Everything we know about Bitget’s $351.6M hack, from the wallet breach and frozen withdrawals to the stolen assets, $464M protection fund and unanswered questions. news.bitcoin.com/featured/ev…
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NEW: 🟠 #Bitcoin is up nearly 50% from its June low, up 10%+ in the past week. If the bear market is over, it was the shortest on record by ~100 days and the shallowest, down 52% vs. 77-85% in past cycles, per River data. Rally held despite Fed rate hike and CLARITY Act stall.
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JUST IN: 🤝 CoinMarketCap acquires Coinglass. The crypto derivatives data platform tracks open interest, funding rates, liquidations, and options across 28 exchanges. 📊 Coinglass will operate independently under its own brand.
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NEW: 📈 #Bitcoin broke above the 85K long-term holder supply cluster this weel. Next major resistance: mean MVRV price at $96.7K. Support: True Market Mean at $77K. 🟠 If $84K holds, path to $96.7K stays open, per Glassnode data.
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🔎 DEEP DIVE: Everything we know about Bitget’s $351.6M hack, from the wallet breach and frozen withdrawals to the stolen assets, $464M protection fund and unanswered questions. news.bitcoin.com/featured/ev…
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2030 may arrive faster than banks expect. 👀 @wefi_official chairman @Reeve_Collins joins @2084Richardson on the GENIUS Act, RWAs, AI agents, WeFi, STBL and why stablecoins could become default money by 2030. Would you even need a bank app? Full interview. ⏬
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NEW: 🟠 #Bitcoin's June low never closed below the Realized Price ($77K True Market Mean), unlike 2018-19 and 2022-23 bear markets where price stayed below it for months. If current levels hold, this marks the shallowest bear-market low since 2017, per Glassnode data. 📈
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BREAKING: 🇺🇸 Federal Reserve Board requests public comment on two proposals for Board-supervised payment stablecoin issuers under the GENIUS Act.
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🇺🇸 JUST IN: CFTC staff updated crypto FAQs covering tokenized permitted investments and blockchain-based recordkeeping. Chairman Selig: part of "ongoing efforts to provide regulatory clarity for the crypto industry."
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