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Falcon-backed Stablecoin USDf Pegs to $0.9944

BlockBeats News, January 29th, according to market data, Falcon Finance's stablecoin USDf slightly deviated from its peg today, reaching a low of $0.9871 before recovering to $0.9944.

According to the project's official website, USDf's current circulating market cap has reached $2.06 billion, with backed asset value of $2.43 billion.

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On-Chain Activity

6h ago

Smart money that pocketed $2 billion from perfectly timing the last market bottom and top started buying 3,009 bitcoins yesterday.

7h ago

A certain whale has cumulatively withdrawn 13,000 ETH, worth approximately $30 million, from Binance over 6 days.

7h ago

Wintermute shorted major cryptocurrencies on Hyperliquid, accumulating a profit of $222 million.

7h ago

Anthropic pre-market contract short position top whale rolled over and added to the position again in the early morning, now with a floating profit of $6.56 million.

24H Important News

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MEXC CEO Responds to US Regulatory Issues: Seeking Constructive Engagement and Initiating Relevant Reviews

Alliance DAO co-founder: AI trading has formed a massive bubble, not advisable to blindly buy the dip.

70% of altcoins on Binance have fallen below their 200-day moving average, nearing levels seen before the August rally.

Berkshire Hathaway: Q3 operating profit at $12.71 billion, 65% of equity investments concentrated in five companies.

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