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Whale Sell-Off! 3 wallets dumped 10,070 ETH, losing a million!
9 hours ago, the market experienced a wave of massive whale sell-offs! Three wallets (likely belonging to the same whale) sold 10,070 ETH at a price of $3,280, exchanging it for 33 million DAI, **resulting in a direct loss of $1 million!**
This whale did not act on a whim; three weeks ago, the whale withdrew 24,029 ETH from Binance using 10 new wallets, equivalent to about $81.3 million, and now has 13,959 ETH left (worth about $45.48 million).
This significant move is worth paying attention to! Why choose to cash out when the ETH price is relatively high? Is it to avoid market volatility in advance, or for fund allocation?
This is not only a major fluctuation in the market but also reflects the cautious attitude of whales towards future market conditions.
Follow Uncle Qian, every major market drama is not to be missed!
#ETH #美国CPI数据即将公布 #本周微策略是否继续增持BTC？ #DAI #非农数据大幅超出预期 $ETH $SOL $XRP
9 hours ago, the market experienced a wave of massive whale sell-offs! Three wallets (likely belonging to the same whale) sold 10,070 ETH at a price of $3,280, exchanging it for 33 million DAI, **resulting in a direct loss of $1 million!**
This whale did not act on a whim; three weeks ago, the whale withdrew 24,029 ETH from Binance using 10 new wallets, equivalent to about $81.3 million, and now has 13,959 ETH left (worth about $45.48 million).
This significant move is worth paying attention to! Why choose to cash out when the ETH price is relatively high? Is it to avoid market volatility in advance, or for fund allocation?
This is not only a major fluctuation in the market but also reflects the cautious attitude of whales towards future market conditions.
Follow Uncle Qian, every major market drama is not to be missed!
#ETH #美国CPI数据即将公布 #本周微策略是否继续增持BTC？ #DAI #非农数据大幅超出预期 $ETH $SOL $XRP
Feed-Creator-2fe439036:
這是哪個平台可以觀察？
The total market capitalization for the #stablecoins #USDT , USDC, #DAI , and FDUSD is approximately $206.149 billion. This figure is based on the latest data available.
$UPDATE
💰 The Ethereum Foundation made its first $ETH sale in 2025, exchanging 100 $ETH for 329,463 $DAI.
#ETHETFsApproved #Ethereum #DAI #Write2Earn #CryptoNewss $dai
💰 The Ethereum Foundation made its first $ETH sale in 2025, exchanging 100 $ETH for 329,463 $DAI.
#ETHETFsApproved #Ethereum #DAI #Write2Earn #CryptoNewss $dai
🚨 Ethereum Foundation Sells 100 ETH for 336,000 DAI! 🚨
In a significant move, the Ethereum Foundation has sold 100 ETH for a total of 336,000 DAI. This sale could indicate the foundation's strategy to increase its liquidity or fund ongoing development and initiatives in the Ethereum ecosystem.
🧐 What Does This Mean?
ETH Market Impact: The sale of such a large amount could influence Ethereum’s price in the short term.
Foundation Strategy: The Ethereum Foundation might be consolidating its reserves or ensuring financial flexibility for upcoming projects.
DAI’s Role: Using DAI, a stablecoin, shows the foundation’s preference for stability amidst volatile market conditions.
💡 Keep an eye on Ethereum’s price and market movements as this transaction could spark further developments!
#Ethereum #ETH #DAI #CryptoNews #Blockchain
$ETH
In a significant move, the Ethereum Foundation has sold 100 ETH for a total of 336,000 DAI. This sale could indicate the foundation's strategy to increase its liquidity or fund ongoing development and initiatives in the Ethereum ecosystem.
🧐 What Does This Mean?
ETH Market Impact: The sale of such a large amount could influence Ethereum’s price in the short term.
Foundation Strategy: The Ethereum Foundation might be consolidating its reserves or ensuring financial flexibility for upcoming projects.
DAI’s Role: Using DAI, a stablecoin, shows the foundation’s preference for stability amidst volatile market conditions.
💡 Keep an eye on Ethereum’s price and market movements as this transaction could spark further developments!
#Ethereum #ETH #DAI #CryptoNews #Blockchain
$ETH
Ethereum Foundation Sells 100 ETH for 336,000 DAI: What Does This Mean for ETH?
In a surprising move, the Ethereum Foundation has sold 100 ETH (worth approximately $160,000 at the time of writing) for 336,000 DAI, a popular stablecoin. This transaction has sparked discussions in the crypto community regarding the potential implications for Ethereum's price and the foundation’s future strategy.
Here’s a closer look at what this could mean for the ETH market:
🧐 Key Implications of the Sale
1️⃣ ETH Market Impact
The Ethereum Foundation’s decision to sell a significant amount of ETH could lead to short-term volatility in the market. Large sales by prominent organizations often send ripples through the market, influencing both retail and institutional investors. Depending on market conditions, this sale could create downward pressure on Ethereum's price in the short term as investors react to the news.
However, it's important to note that the Ethereum Foundation has a history of holding significant reserves. This sale doesn’t necessarily reflect a lack of confidence in ETH but may be part of a broader strategy to adjust its financial structure.
2️⃣ Foundation’s Strategy
The Ethereum Foundation has made clear that its goal is to support the ongoing development and expansion of the Ethereum ecosystem. This sale of ETH for DAI could indicate that the foundation is strategically increasing its liquidity to fund future projects. By swapping ETH for a stablecoin, the foundation may be positioning itself to fund upcoming initiatives without being exposed to the inherent volatility of Ethereum's price.
Additionally, it may be part of the foundation’s broader strategy to consolidate reserves in DAI, a stablecoin, which could provide more stability during times of market uncertainty. This move could ensure that the foundation has a more predictable financial outlook in the midst of potential market fluctuations.
3️⃣ DAI as a Stability Measure
Using DAI, a stablecoin pegged to the US dollar, demonstrates the foundation's preference for stability amid volatile market conditions. The move shows that the Ethereum Foundation may be positioning itself to withstand market swings and safeguard its operations from the price volatility often seen in the crypto space.
💡 What Does This Mean for Ethereum's Future?
This sale is unlikely to cause significant long-term damage to Ethereum’s fundamentals. Instead, it reflects the Ethereum Foundation’s ongoing efforts to manage its reserves strategically, ensuring that it has the necessary liquidity to support the continued growth and development of the Ethereum network. The use of DAI indicates that the foundation values stability, especially as Ethereum continues to evolve and mature as a decentralized platform.
While the immediate impact on ETH’s price might cause some short-term fluctuation, this move is likely a tactical decision aimed at maintaining long-term growth.
🔮 Looking Ahead
As Ethereum continues its journey to expand its ecosystem and scale the network, the Ethereum Foundation’s strategic decisions will remain important to watch. Whether it’s funding research, supporting infrastructure, or providing grants for Ethereum-based projects, the foundation’s financial moves will continue to shape the future of the network.
ETH holders and the broader crypto community should keep a close eye on these developments, as the Ethereum Foundation’s actions could be a precursor to more strategic decisions in the coming months.
Stay updated on the latest Ethereum news, and remember: this is just one of many steps that the Ethereum Foundation is taking to drive forward the evolution of the network!
#Ethereum #ETH #DAI #CryptoNews #Blockchain
$ETH
Here’s a closer look at what this could mean for the ETH market:
🧐 Key Implications of the Sale
1️⃣ ETH Market Impact
The Ethereum Foundation’s decision to sell a significant amount of ETH could lead to short-term volatility in the market. Large sales by prominent organizations often send ripples through the market, influencing both retail and institutional investors. Depending on market conditions, this sale could create downward pressure on Ethereum's price in the short term as investors react to the news.
However, it's important to note that the Ethereum Foundation has a history of holding significant reserves. This sale doesn’t necessarily reflect a lack of confidence in ETH but may be part of a broader strategy to adjust its financial structure.
2️⃣ Foundation’s Strategy
The Ethereum Foundation has made clear that its goal is to support the ongoing development and expansion of the Ethereum ecosystem. This sale of ETH for DAI could indicate that the foundation is strategically increasing its liquidity to fund future projects. By swapping ETH for a stablecoin, the foundation may be positioning itself to fund upcoming initiatives without being exposed to the inherent volatility of Ethereum's price.
Additionally, it may be part of the foundation’s broader strategy to consolidate reserves in DAI, a stablecoin, which could provide more stability during times of market uncertainty. This move could ensure that the foundation has a more predictable financial outlook in the midst of potential market fluctuations.
3️⃣ DAI as a Stability Measure
Using DAI, a stablecoin pegged to the US dollar, demonstrates the foundation's preference for stability amid volatile market conditions. The move shows that the Ethereum Foundation may be positioning itself to withstand market swings and safeguard its operations from the price volatility often seen in the crypto space.
💡 What Does This Mean for Ethereum's Future?
This sale is unlikely to cause significant long-term damage to Ethereum’s fundamentals. Instead, it reflects the Ethereum Foundation’s ongoing efforts to manage its reserves strategically, ensuring that it has the necessary liquidity to support the continued growth and development of the Ethereum network. The use of DAI indicates that the foundation values stability, especially as Ethereum continues to evolve and mature as a decentralized platform.
While the immediate impact on ETH’s price might cause some short-term fluctuation, this move is likely a tactical decision aimed at maintaining long-term growth.
🔮 Looking Ahead
As Ethereum continues its journey to expand its ecosystem and scale the network, the Ethereum Foundation’s strategic decisions will remain important to watch. Whether it’s funding research, supporting infrastructure, or providing grants for Ethereum-based projects, the foundation’s financial moves will continue to shape the future of the network.
ETH holders and the broader crypto community should keep a close eye on these developments, as the Ethereum Foundation’s actions could be a precursor to more strategic decisions in the coming months.
Stay updated on the latest Ethereum news, and remember: this is just one of many steps that the Ethereum Foundation is taking to drive forward the evolution of the network!
#Ethereum #ETH #DAI #CryptoNews #Blockchain
$ETH
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$BTC $SCRT $FET Italians in case of correction of #Bitcoin can convert their assets into #BTC and then into #DAI , thus obtaining a transaction with an unbacked payment stablecoin that does not generate taxable income under Italian law. I know, it's a joke but in Italy there are many funny comedians in power... I was at work and unfortunately I didn't see the correction 🙏🙏🙏
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THE POWER of $USUAL
the usd0 which is the currency backed by #usual has a capitalization of 1.78B
the $FDUSD the stablecoin used on binance has a capitalization of 2.08B .
in a few months the usd0 will surpass #DAI .
and the governance token of this stablecoin is $USUAL , those who are in a hurry to sell now will bite their fingers when they realize their stupidity.
yes the supply increases every day because it is the reward of those who stake the #usd0++
example I blocked $28 on the protocol it brings me $1.8 usual so I can claim them and send them to binance which will increase the supply so imagine the one who has $2800 blocked on it.
there is nothing extraordinary it is like blocking BNB in the earn section and earning some.
so yes the supply will increase and its max value is 4 B.
it is better to invest now that it is barely worth $1 than to wait and buy $10
the usd0 which is the currency backed by #usual has a capitalization of 1.78B
the $FDUSD the stablecoin used on binance has a capitalization of 2.08B .
in a few months the usd0 will surpass #DAI .
and the governance token of this stablecoin is $USUAL , those who are in a hurry to sell now will bite their fingers when they realize their stupidity.
yes the supply increases every day because it is the reward of those who stake the #usd0++
example I blocked $28 on the protocol it brings me $1.8 usual so I can claim them and send them to binance which will increase the supply so imagine the one who has $2800 blocked on it.
there is nothing extraordinary it is like blocking BNB in the earn section and earning some.
so yes the supply will increase and its max value is 4 B.
it is better to invest now that it is barely worth $1 than to wait and buy $10
Makelo:
si utilizo usualx... igual me dan token usual??
o necesariamentetengo que usar usd0??
Stablecoin Market Surpassed $200 Billion in Value
The stablecoin market has surpassed $200 billion in total value, marking a development in the cryptocurrency space that reflects the growing role of stablecoins in enabling crypto trading, decentralized finance (DeFi), and payments. Stablecoins like Tether (USDT) and USD Coin (USDC) continue to play a central role in facilitating liquidity and bridging traditional and digital finance.
What Are Stablecoins?
Stablecoins are digital assets designed to maintain a consistent value, typically pegged to fiat currencies such as the U.S. dollar or other reserve assets like gold. Unlike other cryptocurrencies, stablecoins aim to reduce volatility, making them useful for transactions, DeFi applications, and as a stable store of value during market fluctuations.
USDT and USDC are among the most utilized stablecoins in the market, providing liquidity and supporting a wide range of blockchain-based applications.
Tether (USDT):
Tether’s USDT continues to dominate the stablecoin ecosystem with a circulating supply exceeding $139 billion. Its adoption spans centralized and decentralized platforms, making it a key player in the cryptocurrency ecosystem.
Key Features of USDT:
Liquidity: Widely used across major exchanges for trading pairs.Global Availability: Integrated across multiple blockchains for seamless usage.DeFi Use Cases: Supports lending, borrowing, and yield farming protocols.
USD Coin (USDC):
USDC, issued by Circle, ranks as the second-largest stablecoin with a market capitalization of $41 billion. Institutions often use it due to its regulatory compliance and transparent reserves.
Key Features of USDC:
Regulatory Alignment: Close collaboration with U.S. regulators to ensure compliance.Programmability: Supports applications in DeFi and smart contracts.Fintech Adoption: Partnerships with financial technology companies enhance its utility in mainstream finance.
Drivers of Stablecoin Growth
Several factors contribute to the stablecoin market’s expansion:
Trading Utility: Stablecoins act as a stable intermediary in trading pairs, providing a buffer against volatility.DeFi Applications: Many decentralized platforms rely on stablecoins for lending, borrowing, and staking.Cross-Border Payments: Low transaction fees and fast processing make stablecoins a practical choice for remittances.Corporate Adoption: Increasingly, corporations are integrating stablecoins into their payment systems, reflecting their broader acceptance.
Emerging Stablecoins and Market Diversity
In addition to #USDT and #USDC , other stablecoins such as Dai (#DAI ) and TrueUSD (#TUSD ) are emerging. Decentralized stablecoins like DAI rely on algorithmic mechanisms to maintain stability. Stablecoins targeting specific regions or applications also contribute to market diversity and innovation.
The #stablecoin market’s $200 billion record highlights its critical role in the cryptocurrency ecosystem. Stablecoins are bridging traditional finance with the digital asset space by providing liquidity, reducing volatility, and enabling blockchain applications.
What Are Stablecoins?
Stablecoins are digital assets designed to maintain a consistent value, typically pegged to fiat currencies such as the U.S. dollar or other reserve assets like gold. Unlike other cryptocurrencies, stablecoins aim to reduce volatility, making them useful for transactions, DeFi applications, and as a stable store of value during market fluctuations.
USDT and USDC are among the most utilized stablecoins in the market, providing liquidity and supporting a wide range of blockchain-based applications.
Tether (USDT):
Tether’s USDT continues to dominate the stablecoin ecosystem with a circulating supply exceeding $139 billion. Its adoption spans centralized and decentralized platforms, making it a key player in the cryptocurrency ecosystem.
Key Features of USDT:
Liquidity: Widely used across major exchanges for trading pairs.Global Availability: Integrated across multiple blockchains for seamless usage.DeFi Use Cases: Supports lending, borrowing, and yield farming protocols.
USD Coin (USDC):
USDC, issued by Circle, ranks as the second-largest stablecoin with a market capitalization of $41 billion. Institutions often use it due to its regulatory compliance and transparent reserves.
Key Features of USDC:
Regulatory Alignment: Close collaboration with U.S. regulators to ensure compliance.Programmability: Supports applications in DeFi and smart contracts.Fintech Adoption: Partnerships with financial technology companies enhance its utility in mainstream finance.
Drivers of Stablecoin Growth
Several factors contribute to the stablecoin market’s expansion:
Trading Utility: Stablecoins act as a stable intermediary in trading pairs, providing a buffer against volatility.DeFi Applications: Many decentralized platforms rely on stablecoins for lending, borrowing, and staking.Cross-Border Payments: Low transaction fees and fast processing make stablecoins a practical choice for remittances.Corporate Adoption: Increasingly, corporations are integrating stablecoins into their payment systems, reflecting their broader acceptance.
Emerging Stablecoins and Market Diversity
In addition to #USDT and #USDC , other stablecoins such as Dai (#DAI ) and TrueUSD (#TUSD ) are emerging. Decentralized stablecoins like DAI rely on algorithmic mechanisms to maintain stability. Stablecoins targeting specific regions or applications also contribute to market diversity and innovation.
The #stablecoin market’s $200 billion record highlights its critical role in the cryptocurrency ecosystem. Stablecoins are bridging traditional finance with the digital asset space by providing liquidity, reducing volatility, and enabling blockchain applications.
Dai ( #DAI )
Signal 📊: ➡️ Hold
Entry Position 📥: $1.00
Take Profit (TP) 🎯: $1.01
Stop Loss (SL) 🚫: $0.99
Close Position 🔒: $1.00
#TrendingBinance #analysisreport #xpert
Signal 📊: ➡️ Hold
Entry Position 📥: $1.00
Take Profit (TP) 🎯: $1.01
Stop Loss (SL) 🚫: $0.99
Close Position 🔒: $1.00
#TrendingBinance #analysisreport #xpert
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Will it be the biggest thunder in the currency circle?
USDT is a stablecoin pegged to the US dollar and issued by Tether. Despite its important position in the crypto market, it has some worrying problems:
1️⃣ Reserve transparency issue: Tether has not disclosed the reserve of USDT publicly and transparently. We cannot be sure whether they really have enough US dollars to support the value of USDT. Once users lose trust, it may trigger panic selling. In 2018, the price of USDT once fell below $1, causing market volatility.
2️⃣ Legal and regulatory pressure: Tether was sued by New York prosecutors, accusing them of covering up a $850 million funding gap in 2018 and misleading investors. Although a settlement of $185 million was finally reached, it has brought adverse effects to USDT.
3️⃣ Advantages of competitor USDC: USDC, which is also a stablecoin, is more transparent and decentralized. Their assets are placed in custodial banks and provide audit information, which has been favored by more and more institutional and individual investors.
Diversify risks and choose safer stablecoins: In order to avoid this super black swan event, do not exchange too many assets for USDT. You can diversify your investments into some decentralized stablecoins, such as USDC, DAI, LUSD, etc., and also pay attention to whether their liquidity is good.
Follow me, the homepage updates real-time strategies every day
#美联储何时降息？ #美国大选如何影响加密产业？ #USDT。 #USDC #dai $USDC $RIF $WIN
USDT is a stablecoin pegged to the US dollar and issued by Tether. Despite its important position in the crypto market, it has some worrying problems:
1️⃣ Reserve transparency issue: Tether has not disclosed the reserve of USDT publicly and transparently. We cannot be sure whether they really have enough US dollars to support the value of USDT. Once users lose trust, it may trigger panic selling. In 2018, the price of USDT once fell below $1, causing market volatility.
2️⃣ Legal and regulatory pressure: Tether was sued by New York prosecutors, accusing them of covering up a $850 million funding gap in 2018 and misleading investors. Although a settlement of $185 million was finally reached, it has brought adverse effects to USDT.
3️⃣ Advantages of competitor USDC: USDC, which is also a stablecoin, is more transparent and decentralized. Their assets are placed in custodial banks and provide audit information, which has been favored by more and more institutional and individual investors.
Diversify risks and choose safer stablecoins: In order to avoid this super black swan event, do not exchange too many assets for USDT. You can diversify your investments into some decentralized stablecoins, such as USDC, DAI, LUSD, etc., and also pay attention to whether their liquidity is good.
Follow me, the homepage updates real-time strategies every day
#美联储何时降息？ #美国大选如何影响加密产业？ #USDT。 #USDC #dai $USDC $RIF $WIN
$USDC
USDT/DAI Stability: A Crucial Pillar of the Crypto Market
The USDT/DAI trading pair remains a vital indicator of stability in the cryptocurrency market. Currently priced at $1.0002 (+0.01%), the pair showcases the reliability of stablecoins in maintaining their peg even during volatile market conditions.
Key Highlights:
🔹 24H Range: $1.0000 - $1.0004
🔹 Volume: A solid 7.27M, reflecting high liquidity and market trust.
🔹 Stability: Despite the minor fluctuations, both USDT and DAI maintain their promise of a stable $1 value, ensuring confidence among traders and investors.
Why This Matters:
Stablecoins like USDT and DAI act as a safe haven for crypto traders, enabling seamless transitions between volatile assets and secure holdings. The consistent peg to the dollar reinforces their role as the backbone of DeFi and trading ecosystems.
Pro-Tip for Traders:
Use the USDT/DAI pair as a reference for market stability. High liquidity and minimal deviation signify robust confidence in the market’s core infrastructure.
#Stablecoins #CryptoTrading #USDT #DAI #Binance
USDT/DAI Stability: A Crucial Pillar of the Crypto Market
The USDT/DAI trading pair remains a vital indicator of stability in the cryptocurrency market. Currently priced at $1.0002 (+0.01%), the pair showcases the reliability of stablecoins in maintaining their peg even during volatile market conditions.
Key Highlights:
🔹 24H Range: $1.0000 - $1.0004
🔹 Volume: A solid 7.27M, reflecting high liquidity and market trust.
🔹 Stability: Despite the minor fluctuations, both USDT and DAI maintain their promise of a stable $1 value, ensuring confidence among traders and investors.
Why This Matters:
Stablecoins like USDT and DAI act as a safe haven for crypto traders, enabling seamless transitions between volatile assets and secure holdings. The consistent peg to the dollar reinforces their role as the backbone of DeFi and trading ecosystems.
Pro-Tip for Traders:
Use the USDT/DAI pair as a reference for market stability. High liquidity and minimal deviation signify robust confidence in the market’s core infrastructure.
#Stablecoins #CryptoTrading #USDT #DAI #Binance
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The whale has made a move! 3.82 million DAI has been used to sweep multi-chain assets, details revealed!
In the past 16 hours, a top whale has entered "shopping mode," spending 3.82 million DAI to aggressively acquire four major tokens:
2 million DAI to buy 576.36 stETH, strategically positioning for Ethereum staking; 1 million DAI to purchase 53.09 billion PEPE, betting on a rebound in meme coins; 673,000 DAI exchanged for 193.59 ETH, continuing to accumulate core assets; 150,000 DAI received 85,962 LDO, optimistic about the future potential of the staking sector.
Whales are often seen as the market's barometer; what signal does this operation convey? Is it a long-term bullish outlook on mainstream coins, or a short-term bet on hot assets? In-depth analysis is coming soon!
Haven't followed Mr. Lin yet? Missing out on this decoding operation could mean missing a wealth opportunity!
#dai #ETH #STETH #PEPE #USUAL $XRP $ENA $SOL
In the past 16 hours, a top whale has entered "shopping mode," spending 3.82 million DAI to aggressively acquire four major tokens:
2 million DAI to buy 576.36 stETH, strategically positioning for Ethereum staking; 1 million DAI to purchase 53.09 billion PEPE, betting on a rebound in meme coins; 673,000 DAI exchanged for 193.59 ETH, continuing to accumulate core assets; 150,000 DAI received 85,962 LDO, optimistic about the future potential of the staking sector.
Whales are often seen as the market's barometer; what signal does this operation convey? Is it a long-term bullish outlook on mainstream coins, or a short-term bet on hot assets? In-depth analysis is coming soon!
Haven't followed Mr. Lin yet? Missing out on this decoding operation could mean missing a wealth opportunity!
#dai #ETH #STETH #PEPE #USUAL $XRP $ENA $SOL
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$MKR
What will happen to MakerDAO after it upgrades to sky?
Not long ago, MakerDAO upgraded and rebranded its name to Sky, and introduced a new stablecoin USDS and governance token SKY. This change is part of MakerDAO's multi-year development plan to promote the popularization of DeFi and simplify the user experience by introducing new features and improving user interaction. After the launch of the new USDS stablecoin and SKY governance token, the existing DAI and MKR tokens will continue to circulate, and users can choose whether to upgrade their tokens to the new version.
This major upgrade of MakerDAO is called "Endgame" and aims to enhance the accessibility, governance and scalability of decentralized finance (DeFi). The new Sky brand will provide key functions through the Sky.money platform, which aims to simplify user interaction with the Sky ecosystem, lower the barrier to entry, and make DeFi more accessible and navigable.
Although this rebranding is intended to promote the next evolution of DeFi, the community has mixed reviews. Some believe that this name change hurts MakerDAO's mature brand recognition, and that the official did not properly handle the original social media accounts, posing security risks. In addition, it is controversial that DAI will introduce a freeze function after upgrading to USDS, which is contrary to the principle of anti-censorship of decentralized stablecoins and has aroused community concerns.
Overall, MakerDAO's upgrade and rebranding is a bold attempt to adapt to the changing regulatory environment while promoting innovation and growth in DeFi. However, this upgrade also brings some challenges and controversies that need to be faced and resolved by the community and developers. #mkr #MKR/USDT #MakerDao #dai #MKR.智能策略库🥇🥇
What will happen to MakerDAO after it upgrades to sky?
Not long ago, MakerDAO upgraded and rebranded its name to Sky, and introduced a new stablecoin USDS and governance token SKY. This change is part of MakerDAO's multi-year development plan to promote the popularization of DeFi and simplify the user experience by introducing new features and improving user interaction. After the launch of the new USDS stablecoin and SKY governance token, the existing DAI and MKR tokens will continue to circulate, and users can choose whether to upgrade their tokens to the new version.
This major upgrade of MakerDAO is called "Endgame" and aims to enhance the accessibility, governance and scalability of decentralized finance (DeFi). The new Sky brand will provide key functions through the Sky.money platform, which aims to simplify user interaction with the Sky ecosystem, lower the barrier to entry, and make DeFi more accessible and navigable.
Although this rebranding is intended to promote the next evolution of DeFi, the community has mixed reviews. Some believe that this name change hurts MakerDAO's mature brand recognition, and that the official did not properly handle the original social media accounts, posing security risks. In addition, it is controversial that DAI will introduce a freeze function after upgrading to USDS, which is contrary to the principle of anti-censorship of decentralized stablecoins and has aroused community concerns.
Overall, MakerDAO's upgrade and rebranding is a bold attempt to adapt to the changing regulatory environment while promoting innovation and growth in DeFi. However, this upgrade also brings some challenges and controversies that need to be faced and resolved by the community and developers. #mkr #MKR/USDT #MakerDao #dai #MKR.智能策略库🥇🥇
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A whale spent 30.76 million DAI to buy 501 WBTC in the past 30 minutes
According to Spot On Chain's monitoring data, a large account starting with 0x1e2 bought 501 WBTC at a price of $61,436 with 30.76 million DAI in the past 30 minutes. It is worth noting that the large account has previously made 3 WBTC transactions, all of which were profitable. Currently, the large account holds 1,153 WBTC (worth $70.9 million), with a total profit of $39.4 million, and also holds 2.88 million DAI, which can be used to buy more tokens. #dai #WBTC #BTC🔥🔥🔥🔥🔥🔥
According to Spot On Chain's monitoring data, a large account starting with 0x1e2 bought 501 WBTC at a price of $61,436 with 30.76 million DAI in the past 30 minutes. It is worth noting that the large account has previously made 3 WBTC transactions, all of which were profitable. Currently, the large account holds 1,153 WBTC (worth $70.9 million), with a total profit of $39.4 million, and also holds 2.88 million DAI, which can be used to buy more tokens. #dai #WBTC #BTC🔥🔥🔥🔥🔥🔥
Warning ⚠️ Tether's (USDT) misleading claims about its reserves and lack of transparency raises concerns about the true stability and reliability of $USDT
Possibility of Depegging ⚠️ (Losing the $1 Peg)
Although USDT usually maintains a value close to $1, its price can deviate in certain situations. Such deviations often occur during periods of extreme market volatility or when there is a lack of confidence in Tether's stability.
Examples of USDT Dropping Below $1:
April 2017: During cryptocurrency market volatility, USDT dropped to around $0.91 as doubts arose about Tether's ability to maintain backing. 🚩
October 2018: USDT experienced a sharp drop to $0.85 after rumors of Tether's insolvency and insufficient reserves to back all issued tokens.
Centralization ⚠️
USDT is a centralized stablecoin, meaning its issuance and control are managed by Tether Limited. Centralized stablecoins are exposed to risks such as regulatory interventions or liquidity issues if the company faces legal or financial challenges.
⚠️ Credit Risk and Growing Competition
If Tether's reserves are not sufficiently diversified or secure, credit risk may arise. Additionally, stablecoins like #USDD , #DAI (#USDS ) or usual's #USD0 offer more decentralized alternatives, threatening USDT 's long-term dominance in the market.
These factors, combined, can lead to volatility or a weakening of investor confidence in USDT. ❗
Last but not least #USDT cannot be subscribed for earning interest citing binance "due to your current local restrictions these assets cannot be subscribed". WFT?
Possibility of Depegging ⚠️ (Losing the $1 Peg)
Although USDT usually maintains a value close to $1, its price can deviate in certain situations. Such deviations often occur during periods of extreme market volatility or when there is a lack of confidence in Tether's stability.
Examples of USDT Dropping Below $1:
April 2017: During cryptocurrency market volatility, USDT dropped to around $0.91 as doubts arose about Tether's ability to maintain backing. 🚩
October 2018: USDT experienced a sharp drop to $0.85 after rumors of Tether's insolvency and insufficient reserves to back all issued tokens.
Centralization ⚠️
USDT is a centralized stablecoin, meaning its issuance and control are managed by Tether Limited. Centralized stablecoins are exposed to risks such as regulatory interventions or liquidity issues if the company faces legal or financial challenges.
⚠️ Credit Risk and Growing Competition
If Tether's reserves are not sufficiently diversified or secure, credit risk may arise. Additionally, stablecoins like #USDD , #DAI (#USDS ) or usual's #USD0 offer more decentralized alternatives, threatening USDT 's long-term dominance in the market.
These factors, combined, can lead to volatility or a weakening of investor confidence in USDT. ❗
Last but not least #USDT cannot be subscribed for earning interest citing binance "due to your current local restrictions these assets cannot be subscribed". WFT?
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From 3.6 trillion to 1.2 trillion: The shocking decline in stablecoin transfer volume reveals the truth about the market!
The stablecoin market has experienced modest growth since October, but the overall growth rate appears to be quite weak. Currently, the industry is valued at $172.7 billion, with 48.9% of stablecoins running on Ethereum and 34.92% circulating on Tron. Despite the significant expansion of the stablecoin space earlier this year, transfer volumes have continued to decline since May.
The crypto market is growing, but stablecoin transfer volume is declining – why? According to data from defillama.com, the market value of fiat-anchored stablecoins this weekend was US$172.7 billion, an increase of 27.93% from the beginning of the year. However, since a peak of $3.6 trillion in May, transfer volumes have fallen to $1.2 trillion, a huge disparity that is clearly concerning.
Data shows that **83.82%** of circulating stablecoins are issued on Ethereum or Tron, and the top five stablecoins are USDT, USDC, DAI, USDE and FDUSD. Changes in these data reflect market dynamics, but the sharp decline in transfer volumes tells a different story.
As market sentiment changes and regulatory pressure increases, traders gradually restrict fund transfers. Against this background, the rise of interest-bearing fiat-anchored currencies such as USDE shows that investors tend to view stablecoins as investment assets rather than just trading or payment instruments.
This shift may mean that the functions of stablecoins are quietly evolving. In the future, if market volatility intensifies or investor confidence recovers, transfer volume may rebound again.
How do you see the growth of the stablecoin economy versus the decrease in transfer volume? In this complicated situation, please share your thoughts and insights in the comment area! Follow Boshi to get more cutting-edge analysis and market trends!
#BTC要挑战7W大关了吗？ #USDC #dai #USDC #tusd $FDUSD $USDC $AEUR
The stablecoin market has experienced modest growth since October, but the overall growth rate appears to be quite weak. Currently, the industry is valued at $172.7 billion, with 48.9% of stablecoins running on Ethereum and 34.92% circulating on Tron. Despite the significant expansion of the stablecoin space earlier this year, transfer volumes have continued to decline since May.
The crypto market is growing, but stablecoin transfer volume is declining – why? According to data from defillama.com, the market value of fiat-anchored stablecoins this weekend was US$172.7 billion, an increase of 27.93% from the beginning of the year. However, since a peak of $3.6 trillion in May, transfer volumes have fallen to $1.2 trillion, a huge disparity that is clearly concerning.
Data shows that **83.82%** of circulating stablecoins are issued on Ethereum or Tron, and the top five stablecoins are USDT, USDC, DAI, USDE and FDUSD. Changes in these data reflect market dynamics, but the sharp decline in transfer volumes tells a different story.
As market sentiment changes and regulatory pressure increases, traders gradually restrict fund transfers. Against this background, the rise of interest-bearing fiat-anchored currencies such as USDE shows that investors tend to view stablecoins as investment assets rather than just trading or payment instruments.
This shift may mean that the functions of stablecoins are quietly evolving. In the future, if market volatility intensifies or investor confidence recovers, transfer volume may rebound again.
How do you see the growth of the stablecoin economy versus the decrease in transfer volume? In this complicated situation, please share your thoughts and insights in the comment area! Follow Boshi to get more cutting-edge analysis and market trends!
#BTC要挑战7W大关了吗？ #USDC #dai #USDC #tusd $FDUSD $USDC $AEUR
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$ETH
Big move by Ethereum Foundation!
Sold another 100 ETH in 1 hour, earning 7.64 million DAI this year!
Ethereum Foundation continues to sell ETH!
🕒 1 hour ago
🏛️ Ethereum Foundation
💰 Sold at 241K DAI
🔢 100 ETH
📅 Since January 1st
📈 Average price of $2,922 on DEX
🔢 Total sold 2,616 ETH
💰 Total 7.64 million DAI
#dai
#ETH🔥🔥🔥🔥
#ETH🔥🔥🔥🔥🔥🔥
#美联储何时降息？
#BTC走势分析
Big move by Ethereum Foundation!
Sold another 100 ETH in 1 hour, earning 7.64 million DAI this year!
Ethereum Foundation continues to sell ETH!
🕒 1 hour ago
🏛️ Ethereum Foundation
💰 Sold at 241K DAI
🔢 100 ETH
📅 Since January 1st
📈 Average price of $2,922 on DEX
🔢 Total sold 2,616 ETH
💰 Total 7.64 million DAI
#dai
#ETH🔥🔥🔥🔥
#ETH🔥🔥🔥🔥🔥🔥
#美联储何时降息？
#BTC走势分析