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The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
The latest price moves in crypto markets in context for July 21, 2023.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the "digital asset" category, which some say bodes ill for DeFi.
Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.
The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot.
- 03:32Analyst: SOL Price Could Reach $300 Before August Thanks to PumpFun ICOAccording to ChainCatcher, as reported by Cryptonews, analysts expect the price of Solana (SOL) to reach $300 before August, mainly driven by recent bullish chart patterns and $500 million in on-chain liquidity raised through the PumpFun ICO. Currently, SOL is trading at $163.43, up 12.87% over the past 30 days, with a market capitalization of $87.65 billion, solidifying its position as the sixth-largest cryptocurrency in the market. Technical analysis shows that the SOL/USDT weekly chart indicates a potential bullish reversal, with the price rebounding and trading above the 89-week EMA. Analysts note that if SOL can hold above the support range of $145 to $155, it could rise to the $200 to $250 range in the future. (Source link) Related Tags Solana SOL Price Prediction Analyst PumpFun ICO ChainCatcher reminds readers to approach blockchain rationally, enhance risk awareness, and be cautious of all types of virtual token issuance and speculation. All content on this site is for market information or related party opinions only and does not constitute any form of investment advice. If you find any sensitive information on the site, you can click "Report" and we will handle it promptly.
- 03:32USDC Treasury burns 51 million USDC on EthereumAccording to Jinse Finance, on-chain data tracking service Whale Alert has monitored that at around 11:23 AM (GMT+8), the USDC Treasury burned 51 million USDC on the Ethereum blockchain.
- 03:23The US Congress to Vote on Multiple Cryptocurrency BillsAccording to ChainCatcher, citing a report from Cointelegraph, the U.S. Congress is expected to vote this week on several pieces of cryptocurrency legislation, including the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. The passage of these bills could have a significant impact on the cryptocurrency industry. In terms of legislative content, the GENIUS Act aims to promote cryptocurrency innovation, the CLARITY Act seeks to provide a regulatory framework, and the Anti-CBDC Surveillance State Act focuses on the regulation of central bank digital currencies. The specific provisions and implementation details of these bills have not yet been fully disclosed. It is worth noting that although the legislative vote is imminent, there may be a time gap between the passage and actual implementation of the bills. In addition, market participants remain cautiously optimistic about the potential impact of these bills, believing they could bring a clearer regulatory environment to the cryptocurrency industry.