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Why has utility become such a losing bet?
President Trump on Saturday signed an executive order imposing 25% tariffs on imports from Canada and Mexico, with a 10% tariff on Canadian energy and oil, and an additional 10% tariff on China.The implementation of the tariffs was delayed to Tuesday at 12:01 am.Mexico’s President Sheinbaum announced the country would implement both tariff and non-tariff retaliatory measures, while Canadian PM Trudeau said Saturday night Canada would implement 25% tariffs on a swath of American goods in response.
Stablecoin liquidity has increased, surpassing $200B in total market cap. USDT and USDC lead the expansion, signaling potential market shifts. Analysts say this trend could impact Bitcoin and crypto prices.
MicroStrategy expanded its preferred stock offering from $250M to $584M to support corporate initiatives and enhance its Bitcoin portfolio ahead of final sale conditions.
- 10:59An address was liquidated of 12.61 cbBTC, worth approximately 1.11 million USDAccording to on-chain analyst PeckShieldAlert, about 16 minutes ago, an address holding 12.61 cbBTC was liquidated, worth approximately $1.11 million.
- 10:58A certain whale sold 1,783.48 BTC at an average price of $89,138 for stop lossAccording to on-chain analyst @ai_9684xtpa, BTC has fallen to around $89,000 and the whale Jasonleo has started to cut losses. In the past 5 minutes, he sold off 1,783.48 BTC at an average price of $89,138 for a total value of $159 million. His opening average price was $100320.8 per BTC which means all his previous floating profits have been lost.
- 10:55The total supply of RedStone (RED) is 1 billion, with an initial circulation of 28%The project details for RedStone (RED) show that the total/max supply of tokens is 1,000,000,000 RED. The initial circulation is 280,000,000 RED (28.00% of the total token supply), and the total amount in Launchpool is 40,000,000 RED (4% of the maximum token supply).