mhula.base.eth

@mhula

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🙊 Coinbase CEO talks to British politicians in London about cryptocurrency.

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🔍🐳 Whale Transactions: 1. Metaplanet bought 1,112 #BTC ($116.5 million) at $104,760. Metaplanet currently holds 10,000 #BTC ($1.06 billion) with an average buy price of $96,015; 2. A wallet associated with qianbaidu.eth contributed (http://etherscan.io/address/0x13706DaEd72053Ae268cf51fd7e838D011203627) to Binance #PEPE for $6.51 million, $1.57 million profit.

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👍 #USDC Circle co-founder and CEO (https://x.com/jerallaire/status/1933905277226819641): stablecoins are the most useful form of money ever created. They haven't quite reached the "iPhone moment" yet, when developers around the world realize their power and possibilities. But that moment is coming soon.

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🇸🇻💰 El Salvador has increased its holdings by 9 #BTC in the last 7 days. Current BTC holdings reached 6207.18, totaling $654 million.

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💸 #BTC Over the past 24 hours, ~$1.14 billion worth of contracts have been liquidated, of which longs have liquidated ~$1.04 billion and shorts ~$100.89 million.

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🇺🇸✅ The U.S. House of Representatives voted to continue the first phase of Ilon Musk's DOGE cuts, slashing USAID, NPR and PBS by $9.3 billion. x (https://x.com/WatcherGuru/status/1932912339134857223)

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📊 #BTC Santiment: there is a surge in ATH BTC related discussions, which is a reliable signal of greed and a local top as markets move opposite to crowd expectations.

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📈 #Aave's TVL is at all-time highs of ~$40 billion. For reference, Revolut's customers hold ~$38 billion of deposits on the fintech platform.

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📊📈 #RLUSD Ripple’s stablecoin skyrockets 32.5% in one week, hitting $268.1M and outpacing all rivals. Meanwhile, traditional players like PayPal and emerging protocols like Ethena continue steadily, but far behind.

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⚽️ #NFT #AVAX FIFA is launching its own blockchain using Avalanche Subnets to handle NFT, games and tokenized fan experiences, giving it more control, more scale and easier access to the wallet. cointelegraph (https://cointelegraph.com/explained/why-fifa-is-building-its-own-blockchain-and-what-it-means-for-5-billion-fans)

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👀 #BTC Strategy announced (https://www.strategy.com/press/strategy-announces-pricing-of-initial-public-offering-of-strd-stock_06-08-2025) the pricing of its initial public offering: 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock (the "STRD Shares") at a public offering price of $85.00 per share. The STRD Shares are scheduled to be issued and sold on June 10, 2025.

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🍿 #HYPER #ZRO CEO LayerZero questioned (https://x.com/PrimordialAA/status/1930692838767071738) Hyperlane's transaction data, citing a spurious volume of bogus transactions. Hyperlane responded that these were users chasing rewards, to which CEO LayerZero criticized HYPER's distribution of rewards as unfair.

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🤝 #SUI Sui collaborates (https://x.com/SuiNetwork/status/1930406213277364256) with Dubai regulator to support startups, talent development and co-develop virtual asset ecosystem.

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🇺🇸 Trump: i like President XI of China, always have and always will, but he is very tough and very hard to negotiate with! #tradewars

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💰 #USDT Tether CEO Paolo Ardoino announced that Tether and BitFinex have invested 14,000 #BTC and 7,000 BTC in investment firm Twenty One Capital.

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🇧🇷 #USDC RedotPay, which provides cryptocurrency payment services, is partnering with Circle payment network in Brazil. coindesk (https://www.coindesk.com/business/2025/06/02/crypto-payments-firm-redotpay-enlists-circle-payment-network-in-brazil)

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#USDT holds the top position with a market cap exceeding $153 billion, accounting for approximately 61.2%, while #USDC ranks second with a market cap surpassing $61 billion.

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🤝👀 #ACH #WLFI Alchemy Pay has announced (https://alchemypay.org/news-and-press/alchemy-pay-integrates-usd1-on-ramp-expanding-stablecoin-access-with-world-liberty-financial) a strategic integration with World Liberty Financial to support seamless on-ramp access to #USD1.

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🔍🐳 Whale Transactions: 1. Abraxas Capital contributed 36,520 #ETH ($96.2M) on Binance; 2. Trader made (https://hyperdash.info/trader/0x15b325660a1C4a9582a7d834C31119C0CB9e3A42) almost $30M on Hyperliquid in less than 2 months with less than $3M in capital! Between April 7 and April 9, the market crashed and #BTC fell below $75,000. While most were panicking, he created a new wallet and deposited 2.95 million #USDC into Hyperliquid to open a long position in 16 tokens including #ETH, #SOL, #HYPE, #BTC, #ENS and #LTC. His total profit so far: $29.76 million.

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✏️ #AI Grayscale published a study noting that the AI cryptocurrency sector currently includes 20 tokens with a combined market capitalization of $21 billion, up from just $4.5 billion in Q1 2023. The largest project by market capitalization in the sector is Bittensor (#TAO).

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