via lookonchain on X #Grayscale deposited 15,308 $BTC($623 | kaymyg on Binance Square

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via lookonchain on X

#Grayscale  deposited 15,308 $BTC($623.8M) to #CoinbasePrime  again 50 mins ago.

Since the ETF was passed, #Grayscale has deposited 63,991 $BTC($2.68B) to #CoinbasePrime during the opening hours of U.S. stocks (14:30 UTC).

According to Arkham, #Grayscale #Grayscale olds 549,116 $BTC

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Coinbase has rolled out trading support for the brand-new native token of an Ethereum (ETH) layer-2 restaking protocol. Customers at the top US crypto exchange can now buy and sell SWELL, which launched on Thursday. $SWELL is the governance token for the Swell Decentralized Autonomous Organization (DAO), which manages the development and growth of the restaking protocol. SWELL also secures the project’s layer-2 infrastructure. Explains the project’s whitepaper, “Swell’s mission is to create a more secure, decentralized and transparent financial future for the world that does not discriminate or censor economic freedom. The beginning of that journey for Swell starts with continuing to advance liquid staking as one of the fundamental building blocks of modern-day decentralized finance (DeFi) that is composable and fully integrated with the Ethereum ecosystem.” Coinbase added the “experimental label” to SWELL, which the platform assigns to tokens that pose certain risks such as price swings and canceled orders because of lower trading volume and availability. SWELL is trading at $0.0372 at time of writing. The 706th-ranked crypto asset is up more than 9% on its first full day of trading. Kraken, Bybit, KuCoin, Bitrue, MEXC, Bitget and a flurry of other digital asset exchanges also listed SWELL on Thursday.

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#Tether , the issuer of the $USDT #stablecoin has financed a $45 million Middle Eastern crude oil deal involving 670,000 barrels, signaling its move into the $10 trillion trade finance industry. This expansion marks Tether's efforts to diversify beyond cryptocurrency by supporting global trade transactions, which traditionally rely on slower, costly payment methods. In addition to trade finance, Tether is also investing in bitcoin mining, artificial intelligence, and venture capital. Despite these developments, Tether faces scrutiny from U.S. authorities over potential sanctions and money-laundering violations, which the company denies.

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