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$9.1B in shorts will be wiped out if
$BTC
reclaims $100K.
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🇦🇪 Abu Dhabi Global Market has formally recognized Tether's #USDT as an accepted fiat-referenced token, allowing licensed firms in the financial center to offer regulated custody and trading services for the #stablecoin . $USDT
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#Bitcoin supply on exchanges dropped by 403.2K $BTC over the past year, signaling reduced selling pressure and lower risk of major sell-offs, per Santiment.
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#Binance has secured licenses from the financial authority of Abu Dhabi's international financial center, enabling it to operate Binance.com under a comprehensive regulatory framework $BNB #bnb #BinanceBlockchainWeek #BSC
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ICYMI: Weekend Recap 🗞️ Here's a quick look at the key headlines from this weekend: Markets & Macro 🇰🇷 South Korea may require exchanges to cover user losses from hacks 🇵🇱 Poland is now the only EU state that didn’t adopt MiCA 🇫🇷 BPCE will allow clients to buy and sell crypto $LUNC #BinanceBlockchainWeek #CPIWatch
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💳 Western Union will introduce a stable card designed to protect users in high-inflation economies and issue its own stablecoin, CFO Matthew Cagwin announced at the UBS Global Technology and AI Conference. $USDT $USDC #CPIWatch #USJobsData
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