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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.
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Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.
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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.
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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.
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The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
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Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred
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The latest price moves in crypto markets in context for July 20, 2023.
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The share of bitcoin trade volume on Japanese exchanges rose from 69% to 80% in the first six months of the year, data tracked by Kaiko show.
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The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.
- 10:55Cross-chain Bridge Chainflip: Plans to strengthen ETH proxy level filtering to reject suspicious depositsPANews reported on February 22 that Chainflip, a cross-chain bridge, posted on platform X stating its intention to strengthen the screening of ETH proxy levels to reject suspicious deposits. The related screening mechanism has been deployed in BTC and will be applied to ETH subsequently.
- 10:14Orderly Network: Deposits on the Mantle chain have been reopenedGolden Finance reports that Orderly Network has announced the reopening of deposits on the Mantle chain. Previously, due to a hacker attack on the exchange, a large amount of funds were transferred and Orderly temporarily suspended deposit services on the Mantle chain.
- 09:54Whales have accumulated a purchase of 930,000 LTC in the past two weeksOdaily Planet Daily reports that according to on-chain analyst Ali, whales have accumulated a purchase of 930,000 LTC in the past two weeks.