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Share link:In this post: Xpeng posts record quarterly revenue as deliveries surge despite price war. Net loss narrows to five-year low, helped by cost cuts and new models. The carmaker expects revenue to almost double in the third quarter on strong demand.
US indexes were muted Monday as investors wait to hear from Chair Powell and President Trump
South Korea’s government requested local exchanges to stop crypto lending services that have been in place since last month. The Financial Services Commission and Financial Supervisory Service issued a press release on Tuesday. They said they sent an official letter asking local crypto exchanges to suspend new lending services until regulators finalize guidelines. Although Crypto Lending … <a href="https://beincrypto.com/korea-stops-local-exchanges-from-crypto-lending-services/">Continued</a>
- 01:16The ETH whale who rolled over a $125,000 long position suffered another loss of $72,000, with only $58,000 remaining on the books.According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the ETH whale who rolled over a $125,000 long position on ETH has once again suffered a loss of $72,000, with only $58,000 remaining on the books. After ETH rose to $4,664 last night and then pulled back this morning, the whale was forced to reduce positions in batches to avoid liquidation, and is still holding a 25x leveraged ETH long position worth $1.79 million. Due to limited margin now, the only way to recover is to continue rolling over positions, which leaves very little room for liquidation.
- 00:53Circle partners with Mastercard and Finastra to promote stablecoin payment services in Europe and AfricaAccording to ChainCatcher, Circle announced a partnership with Mastercard and Finastra. This collaboration aims to integrate stablecoin settlement capabilities into mainstream finance, further promoting the adoption of USDC in the global payments sector. On Wednesday, Mastercard stated that it will allow acquirers and merchants in Eastern Europe, the Middle East, and Africa (EEMEA) to settle transactions using USDC and EURC. Arab Financial Services and Eazy Financial Services will be the first to access this service, marking Mastercard's first provision of stablecoin settlement services in the region. London-based financial software provider Finastra also announced on Wednesday that it will integrate USDC into its Global PAYplus platform. This platform processes over $5 trillion in cross-border transactions daily. Circle stated that this integration will enable banks in 50 countries to use USDC for international payment settlements, even if payment instructions are still denominated in fiat currencies.
- 00:31[After selling HYPE and going long on ETH] The whale's long position has risen to $392 million, with an unrealized loss of $8 million.According to ChainCatcher, on-chain data analyst Yujin has monitored that the whale address [sold HYPE and then went long on ETH] has been continuously increasing its position over the past two days. The current ETH long position is already worth $392 million (86,800 ETH), with an entry price of $4,608 and a liquidation price of $4,342. The current unrealized loss is $8 million.