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11:45
James Wynn faces another full liquidation, with only $1200 left in the address
BlockBeats News, March 25th, according to lookonchain monitoring, during the market uptrend, James Wynn was liquidated again, who had shorted 1.3 BTC with 40x leverage just 6 hours ago, and now only has $1200 left in their address.
11:41
10x Research: Stablecoin economic competition heats up, divergence between Circle and Coinbase intensifies
Odaily reported that 10x Research posted an analysis on X platform, pointing out that the stablecoin economy competition has unfolded between Circle and a certain exchange. Circle's stock price recently dropped about 0% in a single day. Some investors attribute this decline to the uncertainty brought by the CLARITY Act, while others believe the act will provide structural benefits. Circle supports a federal-level regulatory framework for stablecoins in exchange for USDC’s institutional legitimacy and long-term expansion prospects, while the exchange places more emphasis on short-term profits through yield-bearing balances. This has resulted in fundamentally opposing business models. Under the regulatory framework, Circle may abandon some of its high-profit distribution models, but will gain more sustainable “regulatory certainty,” which could drive institutional adoption, global settlement scenarios, and deeper integration with the traditional financial system. 10x Research further noted that, given the current market environment, it will re-examine its previous strategy of “going long on Circle and shorting the exchange” to assess whether this approach remains effective.
11:41
Survey: UK Young People Generally Bullish on Cryptocurrency, Not Just Limited to Right-Wing Voters
BlockBeats News, March 25th, a survey commissioned by the an exchange Institute showed that cryptocurrency is popular among the younger generation in the UK, and supporters are not limited to right-wing political parties. The data shows that among left-leaning party supporters aged 16 to 25 in the UK, 64% have heard of cryptocurrency, 74% are familiar with Bitcoin, higher than some right-wing voters; 42% believe that cryptocurrency will have a positive impact on their future finances. Despite Nigel Farage's UK Reform Party's outspoken support for the crypto industry, the survey indicates that the appeal of cryptocurrency has crossed party lines. At the same time, the UK government is facing industry pressure to advance crypto regulation. The current policymaking involving institutions such as the Bank of England is still considered slow-moving by some in the industry.
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