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06:46
Initia launches native stablecoin iUSD
Foresight News reports that the all-chain Rollup L1 network Initia has launched its native stablecoin, iUSD. iUSD is backed by Agora's AUSD and bridged to Initia via LayerZero. According to the official statement, unlike other stablecoins where the yield belongs to the issuer, iUSD's yield will flow back into the ecosystem. Users can provide liquidity for the iUSD-USDC and INIT-iUSD trading pools on Initia DEX; lend iUSD on Echelon (coming soon); and deposit iUSD into The Cabal treasury (coming soon).
06:37
Technical Analysis: Spot gold is neutral in the $5,158–$5,205 range, a breakout will indicate the direction
1. Spot gold is currently exhibiting a neutral stance within the range of $5,158 to $5,205 per ounce. If it falls below $5,158, it may further test the $5,121-$5,140 area; if it breaks above $5,205, it is likely to rise to the $5,220-$5,243 range.2. In the short term, the bias is slightly upward, as the fifth wave starting from $5,093 appears to be incomplete. The target for this wave is expected to be at $5,243 or higher. On the daily chart, the C wave that began at $4,841 has not yet reached its target of $5,286; this wave may end near this level or extend to $5,561.3. The key support is at $5,116. If this level is breached, it will not only trigger a decline to $5,011, but also signify the end of the rebound that started from $4,401. The market is currently at a decision point, so attention should be paid to any breakout at the boundaries of the range.
06:36
Continue Capital's long position gains have expanded to $1.33 million, and we have now scaled up our investment to over $20 million in the storage sector and Nvidia.
BlockBeats News, February 26th, according to Coinbob Popular Address Monitor, the address monitored on Hyperliquid linked to Continue Capital (0x3e3) is currently holding about $20.6 million worth of US stock storage block leaders and Nvidia long positions, indicating a possible layout in the AI industry chain. The floating profit of this address has now expanded to $1.33 million, with a return rate of 29%. The key holding information is as follows: 5x NVDA (Nvidia): Holding about $10.12 million, average price $190.177, floating profit about $340,000; 7x MU (Micron): Holding about $7.29 million, average price $383.421, floating profit about $770,000; 5x SNDK (SanDisk): Holding about $3.21 million, average price $600.956, floating profit about $200,000;
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