$USDC What did the CEO of Tether say regarding the MICA law? One of the problems mentioned by the CEO of Tether is that one of the MICA regulations imposes that 60% of all the company's reserves/assets must be in 6 different European banks, but there are 2 problems: the necessary liquidity in a run would no longer be possible, and the failure of banks is always present. As an example, he mentioned what happened in 2022, when USDC from Circle, due to these regulations, did not have all its reserves available, thus they did not have enough liquidity to disburse at the moment, resulting in the price of USDC dropping to 0.88 cents per dollar, something that did not happen with USDT, as they had all the liquidity in dollars and U.S. bonds, allowing them to disburse up to a third of all their total reserves in less than 24 hours without issues.
$BTC 🇯🇵 Kazuo Ueda indicated that he is looking for the precise moment to raise interest rates, and for that he requires more information, such as what Donald Trump will do.
they charge you a settlement fee that is almost or more than the negative PNL generated, and on top of that add the normal fee for both entry and exit whether maker or taker.
Pete Hadler CgsE
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I made a market order in futures with 75X leverage with 4.5 dollars for a small experiment and I got liquidated but in this image showing I got realized PNL -1.4 doll then where my remaining amount gone, can someone explain me.
LONG-TERM HOLDERS INCREASE BITCOIN SALES AND ETF INFLOWS MAY NOT
Long-term Bitcoin holders are accelerating the likely profit-taking, as data shows that their net BTC position is falling compared to a month ago. The on-chain analysis firm Glassnode's data shows that long-term holders (LTH) have begun to reduce their exposure to BTC. The price of BTC has risen to nearly USD 100,000, but some long-term holders are not waiting to take profits. Glassnode, which tracks the 30-day net position change among LTH entities, now reveals an accelerated selling trend.