auroray (auroray)
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In the 2024 RWA report released by CoinGecko and sourced from ChainCatcher, it has been revealed that most real-world assets (RWA) in the cryptocurrency world are currently stablecoins pegged to the US dollar.
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According to Odaily, a trader dealing in PEPE coins recently sold off 114.7 billion units at a break-even price, earning 366.5 ETH, equivalent to 1.27 million USD.
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As Evgeny Gaevoy, CEO of leading market maker Wintermute, pointed out at Consensus Hong Kong last week, many are overlooking the evolving attitude of the SEC, and this is a factor the market has yet to fully price in.
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His prediction is rooted in shifting central bank strategies. Global central banks have been increasing their gold reserves, reversing a period in which their holdings were dwindling.
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