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🤔 Is the banking era coming to an end?

The co-founder of Multicoin Capital said that the GENIUS law is the beginning of the end of banks’ ability to deceive depositors by paying them pennies.

Banks will have to increase interest on deposits, otherwise customers will switch to stablecoins with a yield 10 times higher.

Soon Meta, Google, Apple and other technology giants will be able to start issuing their own stablecoins with instant transfers, round-the-clock payments and built-in profitability.

These tokens will be embedded directly into the most popular applications and operating systems.

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#eth #sol
🧐 Grayscale launches the first spot Ethereum and Solana ETFs in the United States with a staking function - release

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⛔️ Is Michael Sailors strategy deflated?

Last week Michael Saylor did NOT buy Bitcoin... the company was unable to raise funds to buy BTC by selling shares.

Strategy still has 640,031 BTC ($79.6B) on the balance sheet.

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🫢 In Bitcoin ETF, the net inflow of money last week was $3,240,000,000 - the second largest in history (SV)

$1,300,000,000 - inflow of funds to spot Ethereum ETF (#ETH) last week.

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🇺🇸 #PLUME Plume Network is now under SEC supervision - coindesk

The SEC has officially registered Plume Network as a transfer agent - a license to maintain a register of tokenized securities (#RWA) in accordance with the requirements of the regulator.

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💰 Bitcoin has a new ATH!

BTC > $125 200

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#cbdc
🇮🇳 India is launching a digital currency to speed up transactions.

The Minister of Trade and Industry Pijush Goyal said that the new digital rupee is guaranteed by the Reserve Bank of the country (RBI) - like ordinary money, but on the blockchain.

Unlike Bitcoin, which the government considers a «unguaranteed asset», the digital rupee will become the official alternative to private cryptocurrencies.

What does it mean:
- Operations will be carried out instantly and safely.
- Each transaction will become transparent and trackable.
- The system will help fight shadow translations.

Goyal noted that the project is inspired by the American GENIUS law, which legalized stablecoins in the United States.

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🤑 SharpLink Gaming’s unrealized profit has exceeded $900,000,000 since the launch of the Ethereum accumulation strategy.

Current balance: ~839,000 #ETH ($2.8b).

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👌 In Bitcoin ETF, the net inflow of money for yesterday was $985,080,000 - the second largest in history (SV)

$233,550,000 - inflow of funds into spot Ethereum ETFs (#ETH) for yesterday.

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🏆 The #BNB token overtook #XRP and #USDT, taking 3rd place in market capitalization.

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😏 BNY Mellon tests tokenized deposits and crypto payments.

Every day, the bank processes payments of $2,500,000,000,000, and now plans to make them instant and round-the-clock.

BNY Mellon is the oldest bank in the United States and one of the largest custodial and investment banks in the world. Assets under management (AUM) = 2,000,000,000,000$+.

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📊 Santiment: The level of negative moods around #XRP is a maximum of 6 months!

The number of bearish forecasts is much higher than the bullish ones.

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🔥 #IMX Representatives of Immutable are negotiating with multibillion-dollar gaming companies to issue their own tokens - Robbie Ferguson

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#onchain
🎯 CryptoQuant analysts warn of a potential correction of Bitcoin - the sharp growth of Zcash (#ZEC) historically coincided with local/cyclical highs.

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💸 Nvidia invests $2,000,000,000 in Elon Musks xAI.

xAI expands the funding round to $20,000,000,000 by connecting Nvidia partners, which will direct up to $2,000,000,000 to supply chips for the Colossus 2 project, a giant data center in Memphis.

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😏 YZi Labs launches a $1,000,000,000 Builder Fund to support developers in the #BNB ecosystem.

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🔼 INFLOWS of money to American Bitcoin and Ethereum ETF (SV) continue

Net inflow for yesterday:

#BTC = +$875,610,000.
#ETH = +$420,870,000.

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🇺🇸 Is the American dollar finished?

Robert Kiyosaki said that he continues to buy #BTC, #ETH, Gold and Silver, and those who keep dollars are losers.

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🇰🇿 A large-scale cleaning of the crypto market was arranged in Kazakhstan.

➤ The Financial Monitoring Agency (AFM) closed 130 illegal crypto exchanges through which criminal proceeds were laundered - cryptocurrency worth $16,700,000 was seized.

➤ By law, only exchanges licensed by the Astana Financial Services Authority (AFSA) can operate in the country. All the others are outlaws.

➤ The authorities are also strengthening the fight against fraud and shadow schemes:
81 underground groups with a turnover of $43,000,000 have been identified.
$24,000,000,000 was cashed out through ATMs per year.
• New rules are introduced - now when replenishing a card over 500,000 tenge, IIN and confirmation through the application are required.

➤ Amendments against one-day firms are being prepared: 3,600 fictitious companies related to fraudulent operations worth 280,000,000,000 tenge ($511m) have already been liquidated.

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🤝 #SEI Tokenized funds from BlackRock and Brevan Howard were launched on the Sei blockchain - announcement

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⚙️ #POL Polygon held a large-scale hard fork Rio - original

The main changes: creation of an architecture to accelerate the network to ~5,000 transactions per second, reducing delays in creating blocks, improving stability and reliability, fair distribution of rewards among validators, reducing hardware requirements for nodes.

The goal: to make the blockchain faster and easier for global payments and use in asset tokenization (#RWA).

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