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Share link:In this post: Paxos has submitted a proposal to support Hyperliquid’s launch of the USDH stablecoin on its platform. The company plans to use 95% of the interest generated by its reserves backing USDH to repurchase HYPE and redistribute it back to ecosystem initiatives. Paxos Labs has also acquired Molecular Labs in a bid to accelerate stablecoin adoption in the Hyperliquid ecosystem.
Share link:In this post: Crypto sentiment has moved into the fear region as investors are now holding off from taking more risks. Santiment has highlighted the focus on larger-cap tokens, noting that traders are presently not open to risks. Analysts and traders question the near-term direction of some of these major assets.
The crypto market is in a stagnant state, but bitcoin's stability and the altcoin season index indicate opportunities. Here are the top three altcoins worth buying right now.
- 16:02Boyaa Interactive surpasses Germany's Bitcoin Group SE to become the 22nd largest bitcoin holding companyAccording to Jinse Finance, BitcoinTreasuries.NET has released the latest news: Hong Kong-listed company Boyaa Interactive has surpassed a certain exchange to become the 22nd largest bitcoin holding company.
- 16:02ETH falls below $4,300Jinse Finance reported that according to market data, ETH has fallen below $4,300, currently quoted at $4,299.74, with a 24-hour increase of 0.45%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 15:32Tether CEO reveals the company's main Bitcoin holding addressChainCatcher news, Tether CEO Paolo Ardoino posted that, "The vast majority of our bitcoin holdings are held directly: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4." This address currently holds 77,447 BTC, valued at 8.61 billions USD.