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ARK currently owns 11.03 million shares of Coinbase.
PLUS: Chinese Yuan-backed stablecoins are an impossibility.
Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz.
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.
The latest price moves in crypto markets in context for July 11, 2023.
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.
Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
- 11:14Kaito AI releases KAITO Token Economics: Total supply of 1 billion tokensPANews reported on February 20th that Kaito AI has released the KAITO token economics, with a total supply of 1 billion. The distribution is as follows: 25% - Core contributors; 32.2% - Ecosystem and network growth; 2% - CEX holders; 10% - Initial community and ecosystem claims; 7.5% - Long-term creator incentives; 5% - Liquidity incentives; 8.3% - Early supporters; 10%- Foundation.
- 11:13The cumulative revenue from the casting of Ordinals inscriptions has exceeded 7000 BTCNews on February 20th, Dune data shows that the current total amount of Bitcoin NFT protocol Ordinals inscriptions minted has exceeded 79 million, reaching 79,335,904. The cumulative fee income from the minting of Ordinals inscriptions has broken through 7,000 BTC, reaching 7,001.1448 BTC, worth approximately $671,388,934.
- 11:12Stacks Joint Creation: Over two-thirds of Bitcoin L2 projects will cease to exist within three yearsStacks co-founder Muneeb Ali stated that as the initial excitement gradually fades, over two-thirds of existing Bitcoin Layer 2 projects will cease to exist within three years. When talking about the Bitcoin L2 ecosystem, Ali said that most projects have already begun to realize that "the market is very tough."