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The S&P 500 rose 1.23% to a record high ahead of Big Tech earnings and the Fed’s rate decision, boosted by optimism over a potential US-China trade deal. Gold (XAU/USD) dropped to a two-week low near $4,000 as optimism over a US-China trade deal reduced safe-haven demand, though expectations of a Fed rate cut may provide some support. The Coindesk Indices, which tracks the broader crypto market, fell 1.04% with Bitcoin and Ether up 1.16% and 1.67%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is HBAR, up 3.4%, after USDC launched on Bybit, expanding access to the Hedera-native stablecoin for over 70 million users.
Hedera Hashgraph (HBAR), launched in 2018, is a decentralized network using hashgraph technology instead of blockchain, offering faster, more efficient, and eco-friendly transactions without mining. Its native token, HBAR, is used for transaction fees and staking in a Proof of Stake system that secures and validates the network. USDC has officially launched on Bybit, the world’s second-largest crypto exchange by trading volume. This integration gives more than 70 million users access to the Hedera-native stablecoin, expanding its reach and liquidity across centralized exchanges.
Falcon Finance has integrated Tether Gold (XAUt) as collateral for minting its synthetic dollar, USDf. XAUt holders can now mint USDf and stake it for sUSDf, which offers some of the highest yields among major synthetic dollars and stablecoins. With gold’s global market capitalization around $27 trillion and over $3 billion already tokenized onchain, this integration brings a proven store of value into Falcon’s DeFi ecosystem. It enables investors to convert gold into productive collateral while earning sustainable onchain yield, advancing Falcon’s goal of building a universal collateralization infrastructure for global liquidity.
Category | Flow (millions) |
GBTC | 0.0 |
Non-GBTC | 84.0 |
Total | 84.0 |
Yesterday, Bitcoin spot ETFs saw $84 million in net inflows, all from non-GBTC funds, while GBTC recorded no change.
OpenMind, a new mobile app that collects spatial and signal data to train AI for robot navigation, has launched its first points season. Users can earn points that may be linked to a future airdrop by keeping the app open while moving under 30 to 40 km/h. Despite growing attention, earning points is difficult, with the top user having only about 540 points so far.