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The total volume of stablecoins traded on Ethereum last month was significantly higher than any month previously, but the majority of volume was contributed by a single stablecoin: DAI. DAI has been increasingly involved in complex MEV transactions utilizing flash loans, seemingly accounting for the increase in volume.
Several crypto venture capital firms, including Pantera Capital, are raising new mega funds.Pantera Capital’s Franklin Bi told The Block that crypto has been ‘validated significantly’ with this year’s spot bitcoin ETF approval in the U.S., solidifying institutional investors’ conviction in the industry.
DOGE and RNDR are the top performers from the larger-cap alts now.
- 19:15The entire network blew up $127 million in the past four hours, with the main one blowing up multiple ordersData show that the past four hours, the whole network burst $ 127 million, of which $ 109 million of long orders burst, short orders burst $ 18,225,900.
- 18:51BTC breaks above $67,500The market shows that BTC broke through $67,500, now at $67,500.91, 24-hour decline narrowed to 0.61%, the market fluctuates, please do a good job of risk control.
- 18:50IMF chief: economy showing resilienceIMF Managing Director Georgieva said that the economy is showing resilience. Inflation is coming down, and this achievement has been achieved without the risk of recession.
