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CandleAfterTheRain

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Active for: 0.5y
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Working during the day and checking the blockchain at night, focusing on recording real profits and losses as well as emotional fluctuations; trusting data, not slogans.
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USDC wobbled again, and people in the group chat started saying that something was about to happen. I instead checked the reserve address on-chain, and nothing had moved. In fact, every depeg panic is the same: the first to run are those who never pay attention to reserve transparency; the latecomers are those who looked but didn’t believe it. I belong to a third category—I looked, believed it, but didn’t fully trust it either.
Put simply, stablecoins are a trust game. No matter how transparent the reserves are, when a bank run comes, the blockchain can still become congested. If surging gas f
USDC0.00%
Who could have imagined in 2018 that stablecoins would become the biggest bridge between TradFi and Crypto
HECTOR
USD Coin ($USDC ) — 2018
USDC: A Digital Dollar for the Blockchain Era
USD Coin was launched in 2018 as a dollar-backed stablecoin.
The basic idea was to create a digital asset that could maintain a value close to the U.S. dollar while benefiting from the speed and flexibility of blockchain technology.
USDC became widely used across crypto trading, DeFi, payments and digital-asset applications.
Stablecoins such as USDC have become increasingly important because they provide a connection between traditional fiat currencies and blockchain-based financial systems.
#Gate60MUsers
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This remake really delivers—In the Name of the People is GOATed.
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Regarding putting RWAs on-chain, I’ve looked at several projects lately, and the more I see, the more I feel the word “liquidity” is being overused. Everyone talks about putting U.S. Treasuries and private equity on-chain, as if the assets become instantly liquid, but when you look closely at the redemption terms, there are all kinds of restrictions: lock-up periods, redemption fees, approval processes, and so on… Put bluntly, what the chain shows you is a number, but when it’s time to cash out, you still have to go through the same old off-chain process. So where exactly is the liquidity?
May
Geopolitical conflict is keeping gold prices from turning back, but if the Strait of Hormuz is shut, inflation will rise again, and any Fed rate cuts will have to be discounted. This showdown is truly something.
CoinNetwork
Gold prices today remain above $4,000, despite ongoing violence in the Middle East
Gold prices stayed above $4,000. On Monday’s open, they were at $4,005.60, rising to $4,016.10 per ounce in the afternoon. Violence in the Middle East continued: the U.S. military was attacked again on Sunday, killing three people, while another person died in an incident involving a drone in northern Iran. The United States carried out airstrikes on targets in Iran for nine consecutive nights. Rubio said he is willing to resolve the issue through diplomacy, but Iran needs to reopen the Strait of Hormuz. The closure of the Strait of Hormuz has pushed up oil prices, which could trigger inflation risks and thereby weigh on support for gold prices from further Federal Reserve rate hikes.
Honestly, the “de-pegging” stablecoin rumors that have been flooding the group chat these past couple of days, along with the talk about reserve audits, have honestly got me a bit overwhelmed. No matter how wildly the RWA on-chain hype is spun, and no matter how pretty the liquidity looks, once you get faced with the redemption terms, it quickly shows its flaws. Put simply, the on-chain balances and the liquidity in traditional finance are two different worlds—how many restrictions are hidden in the redemption terms only becomes clear once you genuinely need the money. I trust the settlement s
RWA+0.51%
Starting from Q3 2026, quarterly buyback and burn will begin. The BTT deflation narrative is about to accelerate. After Infergrid goes live, revenue can be boosted further. Wait until October to see the first burn data.
CoinNetwork
BitTorrent: Launching Long-term BTT Buyback and Burn Plan
BitTorrent announced that starting from 2026 Q3, it will initiate a long-term buyback and burn of BTT. All revenue from decentralized services will be used for quarterly market buybacks and permanently removed from circulation. The first buyback and burn plan will be published in mid-October, including the total amount to be burned, the affected supply proportion, and the on-chain hash. The burn report will be disclosed to the public in mid-month of the first month of the following quarter. Funds come solely from revenue generated by decentralized services. In the future, as BTTInfergrid goes live, buyback revenue is expected to increase. The repurchased BTT will be transferred to a designated burn address.
BTT-1.79%
A 36.5% daily gain looks nice, but waiting for a pullback to buy might be more stable.
Tm_Crypto
$PIVX is showing serious momentum with a 36.5% jump in 24 hours!
Strong volume, AI infrastructure growth, and new wallet partnerships are driving bullish sentiment. 📈
⚠️ But with RSI above 81, a short term pullback is possible as traders take profits.
Are you watching for the next breakout or waiting for a dip?
$PIVX ‌#gStocksTokenizedStocksLive #WeakNFPShakesRateHikeOdds #PredictWorldCup🇧🇷vs🇳🇴
Last night, I came across that saying again: before the rate cut lands, the dollar and risk assets rise together, fall together—basically going crazy together. Looking at my borrowing position, with the liquidation price just three steps away, I suddenly felt like just exiting, uninstalling, and turning a blind eye to it all.
But for now, I'll take it as it is. Withdraw what I can withdraw, repay what I can repay, and leave some buffer. Keep the data panel open, set reminders, then just go to sleep.
Simply put, emotions are emotions, operations are operations.
With $30 million and a $5,000 minimum entry threshold, they’ve really figured out how to do traditional political donations properly—pretty much.
CoinNetwork
According to a report by Cointelegraph, a message from Coin World News says that Ripple co-founder and Executive Chairman Chris Larsen invested in the derivatives exchange American Perpetuals Exchange Corp. (APEC), which was founded by Theodore Gillibrand, the son of U.S. Senator Kirsten Gillibrand. The platform raised $30 million, with most investors contributing between $5,000 and $10,000. The investment took place while Kirsten Gillibrand was participating in negotiations over the ethics provisions of the Clarity Act.
MGBX's recent launch is kind of interesting — the RWA strategy for traditional tech stocks is getting wilder. I'll add METAB and MSFTB to my watchlist first and see how the liquidity is.
CoinNetwork
CoinJie News: MGBX announced that it will officially launch the following spot trading pairs: METAB (Meta)/USDT, LITEB (Lumentum)/USDT, and MSFTB (Microsoft)/USDT. Deposits will open at 16:00 on July 1, 2026 (SGT). Trading will open at 18:00 on July 1, 2026 (SGT). Withdrawals will open at 19:00 on July 2, 2026 (SGT).
RWA+0.51%
Can the AI infrastructure wave last until 2026? The Philadelphia Semiconductor Index doubled in six months, but the money will eventually run out. Those who believe first get the meat, those who believe later foot the bill.
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LTH cost basis line is 48.4万, now at 59万—only 24% floating profit left, yet the open position size is actually at an all-time high. This indicates that the old “green hands” simply haven’t sold at all. This downturn is just a normal pullback—don’t panic.
WuSaidBlockchainW
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin long-term holders (LTH) MVRV has dropped to 1.24, near a three-year low, indicating that BTC is approaching the cost basis of long-term holders. The current cost basis for long-term holders is approximately $48.4k, while BTC is trading around $59k, meaning the average unrealized profit for long-term holders has narrowed to about 24%, roughly 19% above the cost basis. Adler believes that long-term holders have not shown significant selling, with LTH holdings rising to a historic high of approximately 16.1 million BTC, and the spending indicator remains low, suggesting that the price decline is primarily due to market corrections rather than a capitulation sell-off by long-term holders.
LTH+0.30%
Whales are starting to accumulate U again. Are they preparing to buy the dip or planning something big? 👀
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Cathie Wood's recent moves are quite interesting; she swept up Coin, CRCL, and BLSH all at once. Institutions never hesitate when placing real money bets.
CoinNetwork
CryptoWorld News: Cathie Wood’s ARK Invest added more crypto-related assets on June 26, specifically 68,366 shares of Coin, 78,756 shares of CRCL, and 57,511 shares of BLSH.
COIN-2.03%
CRCL-4.23%
BLSH-5.32%
SpaceX’s market value—FTX creditors have unexpectedly gotten some money back.
WuSaidBlockchainW
FTX creditors may receive higher-than-expected payouts due to SpaceX going public
According to Decrypt, after going public, SpaceX's market value surpassed $2.52 trillion, and FTX creditors' hopes for higher payouts have increased. FTX previously invested $190 million in SpaceX through K5 Global, and the liquidation team reached a settlement with K5 Global last January to recover assets jointly. A representative of FTX creditors stated that, based on SpaceX's current market value, FTX's historical exposure to SpaceX could be worth billions of dollars.
SPCX+0.42%
Over 500 million dollars liquidated in the past 24 hours, with both longs and shorts wiped out; the derivatives market has once again shown its true colors.
Crypto_WolfOG
$500M+ liquidated in the past 24h !!!
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The zk privacy track has added another black mark, as Aztec Connect's $2.19 million was lost silently, and the rollup verification process will probably need to be re-audited.
CoinNetwork
CryptoWorld News reports that the early abandoned protocol Aztec Connect of the well-known zk privacy project Aztec has been stolen for $2.19 million. The zk rollup proofs constructed by the attacker were verified for rollup IDs 13277 - 13290; among them, the last 7 rollups initiated withdrawals, involving assets including DAI, wstETH, yvdai, yvweth, LUSD, yvlusd, and ETH. The specific reasons still require further analysis.
AZTEC+4.95%
The White House isn’t giving a consistent message—one side takes credit for pushing down oil prices, only for their own people to slap it down on the spot. It’s classic “two sides fighting each other” within the same administration.
CoinNetwork
CoinWorld News, U.S. President Trump stated during a speech at the White House: "We have been (shipping out) millions of barrels of oil from Iran. Every night, we are taking away that oil." He added, "Millions of barrels of oil have already been shipped out, which is why oil prices are now $85 to $90 per barrel, not $250." Trump also said that once the war ends, fuel prices will immediately fall back. When asked about Trump's statement, U.S. Energy Secretary Rick Perry said he was not aware of the situation of the U.S. shipping oil out of Iran.