BTC breaks through the $98000 mark
OKX-BTC/USDT is currently trading at $98200, with a 24-hour increase of 0.36%. Please be aware of market fluctuations.
Odaily Planet Daily News Ki Young Ju, founder and CEO of CryptoQuant, said in an article on the X platform that "Dark stable coins" are likely to emerge in the future. Stable coins act as a bridge between the Internet and the real world, so someone needs to manage them. So far, companies such as Tether and Circle have realized this by depositing cash reserves in banks. Apart from cracking down on money laundering activities, governments around the world have not truly intervened in stablecoins, which has led to them being used as secure asset storage locations by various groups, including miners. But this situation is changing, and stablecoins may face strict government regulation, just like traditional banks. Those who use stablecoins for large international transfers may start looking for "dark stablecoins" that can resist censorship. There are two ways to create dark stablecoins: 1. Algorithmic stablecoins that are not controlled by the government. 2. Stablecoins issued by countries that do not review financial transactions. USDT itself was once considered as a stable currency resistant to censorship. If Tether chooses not to comply with US government regulations under the future Trump administration, it may become a dark stable currency in the increasingly censored Internet economy.
According to BlockBeats, on May 11th, Coinbase CEO Brian Armstrong stated that with the continued acceleration of cryptocurrency adoption by traditional participants, the cryptocurrency platform aims to become one of the world's largest financial services companies within a few years. Brian Armstromg said on Thursday's quarterly earnings conference call, "Currently, our main focus is on transactions and payments, targeting our main customer groups: retail, small and medium-sized enterprises, institutions, and developers. Our goal is to become the number one financial services application among global customer groups within five to ten years
The current price of ETH is $2501.79, with a 3.35% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was $318 million, with the main liquidation being short orders and ETH liquidation being $103 million (32.45%). The data is for reference only.
The full chain stablecoin USDT0, jointly launched by Tether and LayerZero team, has been launched on Hyperliquid, supporting users to cast on multiple source chains without the need for intermediate chain bridges. The assets are secured by the LayerZero protocol. This stablecoin can be directly deployed to HyperEVM and seamlessly combined with HyperCore, and will also be used as collateral assets for more DeFi scenarios in the future.
The popularity ranking shows that SOL's popularity has increased, with 1.28 million followers. The popularity ranking is as follows: ① ETH ($2514.98,5.12%) ② UNILAYER ($0.01993,4.29%) ③ PNUT ($0.3529,-5.11%) ④ PEPE ($0.00001298,-1.07%) ⑤ S ($0.5883) SOL's main funds have strong buying power, with a net inflow of $468 million in 24 hours and a transaction volume of $225.53 billion in 24 hours, of which the main funds had a net inflow of $454 million.