According to Justin Sun, the announcement of a 'World Currency Settlement Network' could potentially revolutionize how cryptocurrencies are exchanged on a global scale. This network aims to streamline cross-border transactions, reducing fees and increasing the speed of settlements. Traders should watch for potential impacts on liquidity and volatility in the crypto market. [Source: Twitter]

According to Glassnode, the growth of stablecoin supply remains positive but has softened in recent weeks. This trend signifies a contraction in digital asset liquidity, suggesting a shift towards a more risk-off environment in cryptocurrency markets. Traders should monitor stablecoin supply as it serves as a core quote asset, impacting overall market dynamics.

According to Farside Investors, VanEck's Bitcoin ETF has reported a daily flow of $2.4 million, with 5% of the profits allocated to Bitcoin developers. This substantial flow indicates growing investor interest, potentially impacting Bitcoin's market liquidity and price movement. Traders should note the unique feature of profit-sharing with developers, which could influence long-term market sentiment and sustainability. For further details and disclaimers, visit the provided link.