#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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dYdX founder: reimagining the potential of Decentralized Finance+leverage
According to Jinse Finance, dYdX founder Antonio Juliano stated in a post on X that all Perpetual Futures (perps) products are basically the same, and I am tired of this. The market seems to be stagnant, a zero-sum game. We can compete and try to move users from CeFi perps to Decentralized Finance perps, but I now realize that this is not the focus. I believe it is time to get back to the basics and reimagine what creativity Decentralized Finance + leverage can bring. What is the purpose of Margin Trading? To increase the bet; what is the purpose of Decentralization? Power in your hands, not mine. So what is the purpose of Decentralized Margin Trading? It is to give users the power to make large bets. What does this product look like? The vision is taking shape, but I look forward to figuring it out with the users. My biggest bet is no longer to copy what has been done before, but to reimagine giving users the power to increase their bets.