The stablecoin issuer's investment comes as BTC-backed lending scales rapidly, with Ledn surpassing $1 billion in originations this year and positioning for global expansion.
Bitcoin hovered near $91,000 as sentiment hit "extreme fear," volatility jumped and leveraged traders absorbed over $1 billion in liquidations while altcoins fell further.
A fast reset in downside odds mirrors QCP’s warning of flat-footed pro desks, with Glassnode highlighting oversold momentum and moderating ETF outflows.
A sharp volume-driven breakdown below XLM’s ascending trendline and critical support at $0.2527 has shifted the market structure bearish, setting sights on the $0.2500 zone
A high-stakes crypto trader was wiped out on HyperLiquid before immediately piling back into massive leveraged shorts on GMX — echoing past blow-ups from reckless market punters.