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September 12, 2025CoinOtag logoCoinOtag

Bitcoin Whale 0x5D2F Faces $8.6M Floating Loss, Deposits $8M USDC to Protect 2,041 BTC Short Position

COINOTAG News, September 12 — citing LookIntoChain monitoring, the market rebound has left whale 0x5D2F with a reported floating loss of over $8.6 million across crypto short positions, according to

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Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

CoinDesk logoCoinDesk
1 min
China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability....

ZyCrypto logoZyCrypto
1 min
Billions on the Move: October’s Winners and Losers in the Stablecoin Market

Billions on the Move: October’s Winners and Losers in the Stablecoin Market

The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight...

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1 min