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Animoca Brands shared a report that says the company has $558 million in digital assets. The unaudited report also stated Animoca Brands has $291 million in cash and stablecoins.
Centrifuge has raised $15 million in Series A funding led by ParaFi Capital and Greenfield. The company said it will establish a lending market on Coinbase’s Base network.
Due to their initial lack of utility, Runes will trade akin to volatile memecoins at the beginning, according to pseudonymous DeFi researcher Ignas.
Analysts at Bernstein expect bitcoin’s bullish trajectory to resume post-halving, reiterating their $150,000 cycle target.Bitcoin’s next halving event, when the miners’ block subsidy reward gets cut in half, is now less than three days away.
Parcl has lost 40% of its total value locked since early April, according to DefiLlama data.Other Solana-based airdrop tokens W and TNSR have seen significant declines in value.
A classic tug-of-war between Bitcoin buyers and sellers is shaping up on order books, with a BTC price relief bounce sorely needed.
PEPE has followed NEAR on the way up.
- 21:17JPMorgan: MiCA Regulations May Increase Adoption of Euro StablecoinThe European Union's landmark Market for Crypto Assets (MiCA) regulation, which comes into effect on December 30, 2024, could boost the market share of euro-pegged stablecoins, according to analysts at JPMorgan Chase. Currently, euro-pegged stablecoins account for only 0.12 percent of the stablecoin market share, but MiCA could improve this by encouraging European banks and financial institutions to adopt euro stablecoins for customer needs and blockchain-based financial settlements, JPMorgan analysts said in a report. Notable examples include Société Générale's EURCV stablecoin and BBVA's plans to launch a stablecoin in partnership with Visa, analysts said.
- 20:53Mainstream CEX Cumulative Short Liquidation Strength to Reach $1.228 Billion If Bitcoin Breaks $96,000According to the data, if Bitcoin breaks above $96,000, the cumulative short liquidation strength of mainstream CEX will reach 1.228 billion; conversely, if Bitcoin falls below $92,000, the cumulative long liquidation strength of mainstream CEX will reach 630 million.
- 20:52Fed Governor Bowman: Supports seeing December rate cut as “final step” in policy recalibrationFederal Reserve Governor Bowman said on Thursday that she supports last month's rate cut as the “final step” in the Fed's monetary policy recalibration, which must be done cautiously in the future because of rising inflation risks. “We should also avoid prejudging the future policies of the new administration,” Bowman said in remarks prepared for delivery to the California Bankers Association. “Instead, we should wait for more clarity and then seek to understand the implications for economic activity, labor markets and inflation.” It was Bowman's first such comment since he became the favorite to become the Fed's next top bank regulator. Barman announced this week that he will step down as the Fed's vice chairman for supervision by the end of next month. Bowman said, “This year will see a change in leadership at the banking agencies, and I expect that will translate into a shift in priorities and approach.” She reiterated her consistent call for more targeted regulatory requirements and a more “pragmatic” approach to policymaking.