🐹 In a new report, Glassnode stated that the crypto market is experiencing a hangover after the euphoria — massive panic selling is underway, and short-term holders are actively capitulating.

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🪙 The price of Ethereum in the ETH/BTC pair has dropped below 0.023 for the first time since late December 2020.

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🐸 Some poor soul swapped $220 000 USDC for just $5 272 USDT on Uniswap V3 — either forgot to set the slippage or just didn’t check what they were doing.

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🪙 Ripple has obtained a full license to conduct cryptocurrency payments in the UAE, allowing them to offer their services to companies across the country.

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📈 The total market capitalization of stablecoins has reached a new all-time high of $235.7 billion, surpassing Ethereum's market capitalization.

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🪙 Tether CEO: "We went through hell"

🔴 Paolo Ardoino stated that the company faced intense regulatory pressure but continues to operate.
🔴 This is his first visit to the U.S. despite rumors of a possible arrest.
🔴 Tether holds nearly $100 billion in U.S. Treasury bonds, ranking among the top 20 holders globally.
🔴 Ardoino called Tether the "last stronghold of the dollar" and supported the view that stablecoins help maintain its global dominance.
🔴 The company collaborates with the FBI and the U.S. Secret Service to combat illicit activities.

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🪙 Trump Family Has Been in Talks for Stake in Crypto Exchange Binance.

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💰 A new scandal is unfolding: it has been revealed that FTX sold 3AC’s assets on its exchange without permission in the summer of 2022 for $1.53 billion — just weeks before 3AC declared bankruptcy. Now, 3AC is demanding compensation.

3AC (Three Arrows Capital) is a major cryptocurrency hedge fund founded in 2012 by Su Zhu and Kyle Davies. In 2022, it went bankrupt due to a sharp market downturn and high debt obligations, making it one of the biggest losses in the crypto industry.

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🪙 A document proposing to recognize XRP as a strategic financial asset in the U.S. has appeared on the SEC website.

Earlier, media reported that Bank of America already uses Ripple for all internal transactions and holds 83 patents related to this technology.

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✈️ Pavel Durov departs France for Dubai with permission from judge.

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🪙 CME Group is launching Solana futures trading today.

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