๐ค Sentora: Even though the GENIUS Act is expected to create a more supportive regulatory environment for asset-backed stablecoins such as #USDC, the tokenโs share of the stablecoin market has remained nearly unchanged in recent weeks and still hovers around 25%. #stablecoin
๐ Lookonchain Weekly Recap (June 23โ29):
โ On-Chain Highlights
Market volatility stayed low, with spot and perpetual trading volumes down sharply. #SEI rallied over +50%, and Sei Network TVL jumped +44.6% to over $610M.
โ Stablecoin Flows
Stablecoin market cap grew by $1.95B last week.
โข Tron: +$1.56B (#USDT & #USDC)
โข Ethereum: +$727M (USDT & USDC)
โ DEX Volumes
Spot: $85.91B, down -12.2% WoW
โข PancakeSwap: $38.32B (-2.43%)
โข Uniswap: $15.93B (-27.23%)
โข Raydium: $4.05B (+1.81%)
โ Perps: $73.58B, down -28.8% WoW
โข Hyperliquid: $45.62B (-26.22%)
โข Jupiter: $3.33B (-27.58%)
โข ApeX: $2.78B (-13.57%)
โ Corporate BTC Buying
20 listed firms added 14,183 BTC ($1.53B). Top buyers:
โข Strategy: 4,980 BTC ($532M)
โข ProCap BTC: 4,932 BTC (~$515M)
โ On-Chain Highlights
Market volatility stayed low, with spot and perpetual trading volumes down sharply. #SEI rallied over +50%, and Sei Network TVL jumped +44.6% to over $610M.
โ Stablecoin Flows
Stablecoin market cap grew by $1.95B last week.
โข Tron: +$1.56B (#USDT & #USDC)
โข Ethereum: +$727M (USDT & USDC)
โ DEX Volumes
Spot: $85.91B, down -12.2% WoW
โข PancakeSwap: $38.32B (-2.43%)
โข Uniswap: $15.93B (-27.23%)
โข Raydium: $4.05B (+1.81%)
โ Perps: $73.58B, down -28.8% WoW
โข Hyperliquid: $45.62B (-26.22%)
โข Jupiter: $3.33B (-27.58%)
โข ApeX: $2.78B (-13.57%)
โ Corporate BTC Buying
20 listed firms added 14,183 BTC ($1.53B). Top buyers:
โข Strategy: 4,980 BTC ($532M)
โข ProCap BTC: 4,932 BTC (~$515M)
๐ข #BTC Ecoinometrics: Last week was good for Bitcoin, but equities crushed it.
A ceasefire in the Iran-Israel conflict lit a fire under risk assets. Equities surged, while gold and crude oil slumped.
A ceasefire in the Iran-Israel conflict lit a fire under risk assets. Equities surged, while gold and crude oil slumped.
๐๐ #ETH The most critical support for Ethereum sits at $2,200. If this level fails to hold, the next key area to watch is $1,160.
๐ฟ๐ฆ #USDC Circle has applied for a national trust bank license in the United States
๐ต๏ธโโ๏ธ 7,999 #BTC (~$857M) transferred from Coinbase to unknown new wallet
๐ Total value locked in crypto is at an all-time high of ~$375B
Top 5 market sectors: stablecoin issuers, lending, liquid staking, DEXs, and #RWA issuers.
Top 5 market sectors: stablecoin issuers, lending, liquid staking, DEXs, and #RWA issuers.
๐ค River: Just 1% #BTC makes all the difference
New data from River shows how Microsoft, Google, and Apple could have flipped their negative treasury returns since 2020 if theyโd simply allocated 1% to BTC.
New data from River shows how Microsoft, Google, and Apple could have flipped their negative treasury returns since 2020 if theyโd simply allocated 1% to BTC.
๐บ๐ธ #BTC Connecticut prohibits the state from creating a BTC reserve or investing in any digital assets.