๐จBREAKING: CIRCLE RECEIVES FINAL US APPROVAL TO ESTABLISH A CRYPTO-FOCUSED TRUST BANK
After previously receiving conditional approval, Circle has now secured final OCC approval to establish a national trust bank.
As a federally regulated bank, Circle National Trust will custody its own USDC reserves and hold crypto assets on behalf of institutional clients.
$CRCL shares has now surged +13% in premarket trading following the news.
๐จBITCOIN ETFS SHOW SIGNS OF LIFE WITH FIRST GREEN WEEK SINCE MAY
U.S. spot Bitcoin ETFs recorded a combined $197.4 MILLION in net inflows this past week as institutional demand shows signs of returning.
Tom Lee(@fundstrat)'s #Bitmine bought another 126,971 $ETH($213.18M) last week and now holds 5,543,872 $ETH($9.31B).
The average cost is ~$3,460.
At current prices, this position is down over $9.88B.
https://t.co/YQC5V4FIiT
๐๐ฒ๐ฎ๐ฟ & ๐๐ฟ๐ฒ๐ฒ๐ฑ ๐ฎ๐ ๐ญ๐ฑ. ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ $๐ด๐ญ๐. ๐ง๐ต๐ฒ ๐ฟ๐ผ๐ผ๐บ ๐ถ๐ ๐พ๐๐ถ๐ฒ๐.
The last time the index sat in this zone, BTC was carving the local bottom of the prior leg.
The time before that, it bled another 12% first.
Capitulation reset โ or just early?
Open the Market Temperature chart โ https://t.co/ibi0pdpw1W
๐ Bonus: 30 days of Alphractal Pro free for feedback โ https://t.co/nwdh01UD5L
@RyanGarcia@JanSobota167530 Donโt pay him. Arman played you. Even when you had second thoughts about the bet, he refused to let you cancel - thatโs straight up disrespect.
Honestly feel bad for you at that moment, Those arenโt real friends.
Good call not paying him ๐ซก
Stand your ground.