CQ: We recently saw a 21% decline in Bitfinex open interest (OI). In parallel, there was a jump in #USDT reserve, rising from $5.3 million to $190 million. This points to a trend of whales closing or reducing their positions in response to recent price fluctuations in the market
Bitcoin L2 @MapProtocol Receives a STRATEGIC INVESTMENT from @Bitrisecapital_βs $50 million Bitcoin Ecosystem Growth Fund
MAP Protocol, established in 2019, was developed over a span of 5 years. It is a Bitcoin L2 for peer-to-peer cross-chain interoperability. By leveraging the security mechanisms of the Bitcoin network, as well as Bitcoin light client technology based on ZK technology, MAP Protocol's Bitcoin L2 infrastructure is not only secured by the Bitcoin network but also enables assets and users from other public chains to interact seamlessly with the Bitcoin network.
Bitrise Capital @Bitrisecapital_ , founded in 2017, is a major player in the blockchain venture capital space, managing assets that exceed $200 million. It boasts a rich portfolio, having made strategic investments in over 100 blockchain projects including ventures into inscriptions, with significant acquisitions including ORDI, SATS, RATS, AINN, MMSS, and other inscription projects.
πΊπΈπ£ Morgan Stanley's head of digital assets warns that the rise of #BTC and #CBDC could impact the US dollar's leadership. #macro cointelegraph (https://t.co/oxtTJ3cUay)
ππ° #BTC#ETF The Securities and Exchange Commission of Thailand has no plans to authorise spot BTC-ETFs. https://t.co/ADRu7bGJP6 (https://t.co/OjT0bslwA3)
π Stablecoin #TUSD is down to $0.985. Binance shows that TUSD has seen a net outflow of $56.69 million in the last 24 hours. https://t.co/kJPLOiPICS (https://t.co/BiK7YFuoyu)
π¬ The Defiprime Post
Your Weekly DeFi News in Bite-Sized Fashion. This weekβs issue covers events
β Spot Bitcoin ETF π₯
β Vitalik in favor of gas limit increase
β Berachain testnet
β Sunsetting NFT projects β οΈ
π ππΏπ²π²π πΆπ»π spots with the CryptoLadyNFTs π
3 OG free mint spots + 2 WL spots @CryptoLadyNfts
Follow @moondao_x @CryptoLadyNfts
Like, RT, Tag 1 crypto lady you finna mint π₯·
#INJ#Giveaway#Injective
https://t.co/3I4FZcOukG