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πŸš€ CryptoAttack is the fastest 24/7 crypto news aggregator. This is the English version, at the moment we work with auto-translator, so there might be some errors.

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πŸ€” #USDC William Blair analysts are betting that stablecoins are entering a commercial era and are initiating coverage of Circle with an "outperform" rating. USDC is described as β€œa critical player in the stablecoin ecosystem, poised to transform cross-border finance.” theblock.com
πŸ’΅ #usDC Circle was minted 500 million USDC
πŸ—£ Head of Global Research NYDIG: #USDC, #USDT and #USDe are not true dollar-pegged stablecoins and their value fluctuates depending on market supply and demand. In essence, these are just market trading instruments.
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πŸ“Š CQ: Over the past week, funding rates have remained negative for six out of seven days, currently sitting at around -0.004%. Since the recent market decline, many have remained bearish. The longer this disbelief persists, the greater the potential for explosive…
πŸ”πŸ³ Whales are still bearish and are opening short positions:

- 0x8c58 deposited 5.38 million #USDC on Hyperliquid 2 hours ago, opening a 20x short of 1500 #ETH ($6.06 million);
- 0x939f contributed 4.5 million #USDC to Hyperliquid in the last 20 hours, increasing his #BTC short to 394 #BTC ($43.7 million). He also shorted #SOL, #XRP and #ETH.
πŸ”πŸ³ Whale transactions:

1. BTC OG completely closed shorted 2100 #BTC ($227.8 million), making another $6.4 million in profit;
2. 0xc2a3 with 100% percentage of profitable trades closed shorting #BTC, recording another $826 thousand in profit! In the last 11 days he has made a total profit of >$12 million with 100% winning trades;
3. Machi Big Brother invested another 284k #USDC in #Hyperliquid after liquidation to open a long #ETH.
Current position: 2300 ETH ($8.8 million). Liquidation Price: $3680.92 It went from a $44.8 million profit to a >13.7 million loss;
4. New wallet 0x86Ed brought out 8,491 #ETH ($32.47 million) from OKX.
πŸ”πŸ³ Whales are optimistic about #PUMP:
β€’ Kit BGSLvB brought out 2 million #USDC from Kraken 16 hours ago and bought 517.97 million #PUMP;
β€’ Kit 0x3024 contributed 3 million #USDC on Hyperliquid an hour ago and opened a 2x long for 735 million #PUMP ($3.04 million).
πŸ‘ JPMorgan: the value of Coinbase's Base token could reach $34 billion. the block

πŸ“ˆ Coinbase shares rose 9% after JPMorgan upgraded its ratings on the potential of Base and #USDC. cointelegraph
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πŸ€” Western Union studies the possibility of introducing stablecoins into digital wallets against the background of optimism in the industry. the block
πŸ‘ #USDT #USDC Western Union is launching a pilot project to transfer funds using stablecoins. The company processes ~70 million transfers every quarter to more than 200 countries. cointelegraph
πŸ‡ͺπŸ‡Ί #USDC ClearBank joins the Circle payment network, expanding access to MiCA-compliant stablecoins. coindesk.com
πŸ’΅ #USDC Circle minted 750 million USDC in the last hour
πŸ”πŸ³ Keith 0xf625 created a new wallet 0x218A, transferring 5.06 million #USDC to it to open a 10x short of 3,464 #ETH ($14.3 million) again.
Previously, 0xf625 opened a short position on ETH and automatically closed it during the market crash on October 11, resulting in a profit of $8.3 million.
πŸ” Machi Big Brother contributed another 220 thousand #USDC in Hyperliquid, increasing your longs on #HYPE and #ETH.
Current positions: 3300 ETH ($13.58 million) 101,000 HYPE ($4.78 million).
πŸ“Š JPMorgan: #USDC has overtaken #USDT in on-chain activity. USDC's market capitalization has grown 72% this year to $74 billion, more than double USDT's 32% growth, driven by MiCA compliance and institutional investor adoption. coindesk
πŸ”πŸ³ Whale transactions:

1. Bitmine bought another 44,036 #ETH ($166 million);
2. Machi Big Brother funds may be running low. After several liquidations he contributed Π½Π° Hyperliquid Π΅Ρ‰Ρ‘ 13 937 #USDC , Ρ‡Ρ‚ΠΎΠ±Ρ‹ ΡΠΎΡ…Ρ€Π°Π½ΠΈΡ‚ΡŒ ΠΏΠΎΠ·ΠΈΡ†ΠΈΠΈ #ETH ΠΈ #HYPE . РаньшС ΠΎΠ½ ΠΊΠ°ΠΆΠ΄Ρ‹ΠΉ Ρ€Π°Π· ΠΏΠ΅Ρ€Π΅Π²ΠΎΠ΄ΠΈΠ» сотни тысяч, Π° Ρ‚Π΅ΠΏΠ΅Ρ€ΡŒ это Π΅Π΄Π²Π° ΠΏΡ€Π΅Π²Ρ‹ΡˆΠ°Π΅Ρ‚ $10 000;
3. Strategy transferred 22,704 #BTC ($2.45 billion) to several new wallets;
4. A new wallet brought out 523.39 #SOL ($100.5k) from Binance to buy 4.8 million #GHOST.