🌸Crypto Judy🐰🌸

🌸Crypto Judy🐰🌸

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🌸Crypto Judy🐰🌸

[Tether Makes Strategic Investment in Layer Zero] Tether, the issuer of the world's largest stablecoin, USDT, announced on the 10th (local time) that it has made a strategic investment in Layer Zero Labs, an interoperability protocol developer.

🌸Crypto Judy🐰🌸

[Bank of England Selects Chainlink as Settlement Partner for Central Bank Currency-Tokenized Assets] The Bank of England (BoE), the UK's central bank, has selected Chainlink (LINK) as its partner for a pilot project to establish a settlement platform between central bank-issued currency and tokenized assets, SolidIntel reported.

🌸Crypto Judy🐰🌸

[Strategy Founder: "No Need to Sell BTC"] Michael Saylor, founder of Strategy, stated that he will "buy BTC every quarter and will not sell any of his holdings." According to Walter Bloomberg, he added that "Strategy's BTC sales are unfounded concerns." Strategy currently holds 714,644 BTC, with a total purchase price of approximately $54.35 billion and an average price of $76,056. #NotSelling

🌸Crypto Judy🐰🌸

[Anonymous Whale Opens $200 Million ETH Long Position on Hyperliquid] EmberCN reported that an anonymous whale or institution opened a total of $200 million in ETH long positions on Hyperliquid using two addresses. The first address (starting with 0xa5B0) held $120 million, with an entry price of $2,060 and a liquidation price of $1,329. The second address (starting with 0x6C85) held $80 million, with an entry price of $2,039 and a liquidation price of $1,299.

🌸Crypto Judy🐰🌸

Binance Supports PAXG/USD1 Trading Pair Gold Also Supports USD1 Trading

🌸Crypto Judy🐰🌸

[Analysis: "BTC Still in a Sell-Off Phase... Further Downside Potential"] BTC has not yet entered a copying phase (capital selling) and is expected to decline further. Greg Magadini, Director of Derivatives at Amber Data, stated, "BTC has often bottomed when the basis (the difference between futures and spot prices) increases significantly. During the 2022 bear market, 90-day futures traded at a 9% discount to spot. However, there has been no significant change in the basis currently. The 90-day basis currently stands at 4%, similar to the risk-free Treasury yield. If futures traders dump their holdings in the future, BTC could decline further."

🌸Crypto Judy🐰🌸

[Ripple and UAE's Zand Bank to Partner on Stablecoins] Ripple announced a partnership with Zand, a digital bank in the United Arab Emirates (UAE), to expand digital financial infrastructure leveraging its dollar-pegged stablecoin, RLUSD, and its dirham (AED)-pegged stablecoin, AEDZ. The two companies, which signed a partnership last year, will explore supporting RLUSD within Zand's regulated digital asset custody environment, explore liquidity bridges between AEDZ and RLUSD, and explore the possibility of issuing AEDZ on the XRP Ledger (XRPL).

🌸Crypto Judy🐰🌸

Will XRP surpass Ethereum and become the number two cryptocurrency? "Possible to reach number two in market cap this cycle" www.blockmedia.co.kr/archives/... #WillYouDoIt?

🌸Crypto Judy🐰🌸

Jim Cramer: "Bitcoin is not a store of value" Jim Cramer said on CNBC that Bitcoin "has lost its luster" and "is not a true store of value." 👉Original text #BTC

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