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Coinbase will implement a one-for-one exchange between EUR and EURC on August 28th. According to an email from Coinbase, EURC is compliant with the new European Union Crypto Asset Markets Regulation (commonly referred to as MiCA). Coinbase Advanced offers exchanges without any associated fees. Additionally, Coinbase will go live with a new EURC-USDC order book on August 29th, while deactivating the existing EURC-EUR and EURC-USD order books.
Deribit Asia Pacific head of commerce Lin wrote that on Monday, Bitcoin ETF in high trading volume, not only did not have a net inflow, but there was a net outflow of 168 million dollars (a total of 2896.22 BTC), BlackRock ETF inflow even 0. Fortunately, when the US stock opened last night, the market price was relatively stable. It shows that the current bad news has been digested, the market may be experiencing a short-term adjustment shock stage.
