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Smart Leverage
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GUSD Minting
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A trader opened 10x leveraged long positions on FARTCOIN and PUMP, with the total position value now exceeding $12 million.
5m ago
Long position of $310 million in mainstream coins by whale turns from profit to loss, with potential losses exceeding $11 million
7m ago
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The GENIUS Act banning yield-bearing stablecoins will stifle crypto innovation
Odaily Planet Daily reports that lawyer Jake Chervinsky posted on the X platform stating that Congress passing the GENIUS Act to ban yield-bearing stablecoins has handed significant benefits to banks. The policy has no valid reason from the start and stifles an entire category of innovative crypto products. Currently, banks are attempting to further disrupt the market structure, and they oppose this move.