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▪ Now the Linklogis digital supply chain financing platform works on XRP Ledger.
▪ Linklogis conducts international transactions for trillions of yuan annually.
▪ XRPL integration allows suppliers to receive payment for goods faster, settlements become easier and cheaper - one of the largest real cases of using blockchain in world trade.
Linklogis is a Chinese fintech company founded in 2016 with the support of Tencent and in several years has become the largest provider of digital financing of supply chains in China. The company cooperates with more than 290 banks and 8,000 corporations, including such giants as JD.com and Meituan. Shares are traded on the Hong Kong Stock Exchange (HKEX).
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This week, the company apparently acquired a total of 179.474 ETH ($810m).
In this case, their balance sheet should already have 1,893,000 ETH ($8.56b).
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The main thing from Arthur Hayes’ essay:
▪️ U.S. Treasury Secretary Scott Bessent - new «Buffalo Bill». Its goal is to destroy eurodollars (dollar deposits outside the United States, ~ $10-13t) and transfer deposits to stablecoins.
▪️ Eurodollars do not buy U.S. government bonds. Stablecoins are obliged to keep reserves in T-bills → automatic demand for U.S. debt.
▪️ WhatsApp/Instagram can distribute dollar wallets to billions of users. Central banks are losing control over the money supply.
▪️ Stablecoins will become part of Pax Americana («American World») and will launch the largest bullrun in the history of DeFi.
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Out of 70,201 investors, 51,862 suffered losses. And only 11 wallets came out in the plus by $1,000,000+.
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RGB is a protocol for releasing and managing digital assets over Bitcoin and Lightning Network.
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🇺🇸 U.S. macro data:
▪️ GDP (q/q) (2 sq.)
FACT: 3.3%
FORECAST: 3.0%
PRE.: -0.5%
▪️ GDP deflator (q/q) (2 sq.)
FACT: 2.0%
FORECAST: 2.0%
PRE.: 3.8%
▪️ Number of primary applications for unemployment benefits
FACT: 229K
FORECAST: 231K
PREVIOUS: 234K
@Сryptoz ₿
▪️ GDP (q/q) (2 sq.)
FACT: 3.3%
FORECAST: 3.0%
PRE.: -0.5%
▪️ GDP deflator (q/q) (2 sq.)
FACT: 2.0%
FORECAST: 2.0%
PRE.: 3.8%
▪️ Number of primary applications for unemployment benefits
FACT: 229K
FORECAST: 231K
PREVIOUS: 234K
@Сryptoz ₿
The company is ready to give the U.S. government a part of the profits from these sales.
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Capital inflow to Bitcoin ETF for 3 days = +$388,500,000 (SV)
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#opinion #xrp
🚫 💧 ZachXBT: Ripple holders do not bring any benefit to the industry. Their main role is to buy tokens from insiders when they come out and fix profits.
I receive messages from victims of the XRP community, but I’m not going to help and I’m on those who write to me in private.
+ the Ripple Foundation stopped supporting public initiatives to support the community, which only aggravates the situation.
A similar situation is observed with holders of Cardano (#ADA), Pulsechain (#PLS), Hedera (#HBAR) and other projects.
If someone’s funds have really been stolen, the best option is to file a complaint with IC3 (the FBI Internet Center) and try to track transfers to the exchanges.
ZachXBT is a popular blockchain detective known for its investigations into fraud, scams and hacker attacks.
@Сryptoz ₿
I receive messages from victims of the XRP community, but I’m not going to help and I’m on those who write to me in private.
+ the Ripple Foundation stopped supporting public initiatives to support the community, which only aggravates the situation.
A similar situation is observed with holders of Cardano (#ADA), Pulsechain (#PLS), Hedera (#HBAR) and other projects.
If someone’s funds have really been stolen, the best option is to file a complaint with IC3 (the FBI Internet Center) and try to track transfers to the exchanges.
ZachXBT is a popular blockchain detective known for its investigations into fraud, scams and hacker attacks.
@Сryptoz ₿
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September is historically one of the weakest months for BTC in terms of profitability... even the Fed rate cut may not please the market.
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#onchain #usdc
🤯 Over the past few hours, $3,630,000,000 were transferred to crypto exchanges in USDC - CryptoQuant
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#onchain #altcoins
🤩 Is the alt season coming soon? CryptoQuant analysts note a «gradual overflow» of capital from BTC to altcoins.
Optimistic market prospects for the fall and winter of 2025 are a potential reduction in the Fed rate in September and a possible green light on ETFs on altcoins from the SEC.
@Сryptoz ₿
Optimistic market prospects for the fall and winter of 2025 are a potential reduction in the Fed rate in September and a possible green light on ETFs on altcoins from the SEC.
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#records #onchain
🦋 The Block: Ethereum trading volume (#ETH) exceeded $320,000,000,000 in August - a record since mid-2021.
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▪️ Basic price index of personal consumption expenditures (y/y) (July)
FACT: 2.9%
FORECAST: 2.9%
PRE.: 2.8%
▪️ Basic price index of expenses for personal consumption (m/m) (July)
FACT: 0.3%
FORECAST: 0.3%
PRE.: 0.3%
▪️ Price index of personal consumption expenditures (y/y) (July)
FACT: 2.6%
FORECAST: 2.6%
PREVIOUS: 2.6%
▪️ Price index of personal consumption expenses (m/m) (July)
FACT: 0.2%
FORECAST: 0.2%
PRE.: 0.3%
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▪Ethereum ETF (#ETH): +$1,880,000,000 for 6 trading days.
▪Bitcoin ETF: +$567,350,000 for 4 trading days (SV)
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