ππ One bright spot for crypto in Q1 was the growth of stablecoins, which hit new record highs.
β Total #stablecoin supply crossed $220B, the highest ever;
β #USDT leads with over $140B in market cap, nearly doubling since early 2022;
β #USDC gained share, rising from 20% to 27% as Circle moves toward its IPO.
β Total #stablecoin supply crossed $220B, the highest ever;
β #USDT leads with over $140B in market cap, nearly doubling since early 2022;
β #USDC gained share, rising from 20% to 27% as Circle moves toward its IPO.
π° Codex completed an initial $15.8 million funding round led by Dragonfly
ππ€ #BTC Large market maker quotes on Binance Futures suggest a planned downward shift in the trading range.
Key resistance sits at $83,500-$85,500, while support lies between $78,666-$78,944. This setup hints at a potential drop in BTCβs price.
Key resistance sits at $83,500-$85,500, while support lies between $78,666-$78,944. This setup hints at a potential drop in BTCβs price.
πΊπΈπ£ #macro Trump said now is the perfect time for the Fed to cut interest rates.
π¨πΊπΈ #macro Fed Chair Powell:
- The Fed will take a pause to better understand the situation.
- Trade tariffs are likely to lead to higher inflation.
- It is too early to say what the correct DCP rate should be.
- The economic impact of tariffs seems to have been stronger than expected.
- Most indicators of long-term inflation remain stable.
- The Fed is closely monitoring the tension between hard and soft data.
- Surveys show lower expectations, increased uncertainty over new Fed policy, especially trade policy.
- Progress toward the 2% inflation target has slowed.
- The Fed will take a pause to better understand the situation.
- Trade tariffs are likely to lead to higher inflation.
- It is too early to say what the correct DCP rate should be.
- The economic impact of tariffs seems to have been stronger than expected.
- Most indicators of long-term inflation remain stable.
- The Fed is closely monitoring the tension between hard and soft data.
- Surveys show lower expectations, increased uncertainty over new Fed policy, especially trade policy.
- Progress toward the 2% inflation target has slowed.
π΅οΈ #WLFI DWF Labs ΠΏΠ΅ΡΠ΅Π²Π΅Π»ΠΈ 25 ΠΌΠ»Π½ USDC Π² World Liberty Financial
π° Cryptocurrency-to-fiat exchange app P2P .me has raised $2 million from Multicoin and Coinbase Ventures. coindesk
ππ #BTC is seeing a slowdown in exchange-related activity, which often signals reduced investor interest and declining network utilization.
π Companies #BTC Purchases in Q1 2025
Despite Bitcoinβs weakest Q1 in 7 years, companies were busy buying the dip. While Bitcoin is down 11.7% YTD, firms like Strategy, Tether, and others scooped up 94,646 BTC in Q1 2025, taking full advantage of lower market prices.
Despite Bitcoinβs weakest Q1 in 7 years, companies were busy buying the dip. While Bitcoin is down 11.7% YTD, firms like Strategy, Tether, and others scooped up 94,646 BTC in Q1 2025, taking full advantage of lower market prices.
βπ A group of investors who own Bakkt Holdings filed a class action lawsuit against the company, alleging that they suffered losses due to the company's dissemination of false or misleading statements regarding the termination of its partnership with Bank of America and Webull, which could result in Bakkt losing 75% of its revenue.
πΊπΈπΉ The SEC has issued guidance on Stablecoins where it states that collateralized stablecoins are not securities. But that doesn't apply to revenue-generating steblecoins.
ππ #BTC Support at $80,450 remains critical for Bitcoin. To resume its uptrend, BTC must break through resistance at $85,470 and $92,950, according to data from IntoTheBlock.
π΅οΈ 500,000 #ETH were sold by whales over the last 48 hours, shows data from Santiment.