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Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.
Bitcoin cash added the most, almost tripling over the course of the month.
The latest price moves in crypto markets in context for June 30, 2023.
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.
The latest price moves in crypto markets in context for June 29, 2023.
With today’s 17% gain, BCH has now more than doubled in the week since it was listed on EDX Markets, a new crypto exchange backed by financial heavyweights.
Technical improvements and a listing on EDX Markets have likely fueled trading interest in bitcoin cash tokens.
The latest price moves in crypto markets in context for June 28, 2023.
ALSO: Fast-paced, entrepreneurial Seoul ranked fourth globally in CoinDesk's crypto hub series. Korea's digital asset friendly, regulatory environment and a vibrant retail community have helped enabled the industry's rising prominence in the city.
- 10:54Data: Solana's average daily DEX transaction volume has remained above 6 billion US dollars over the past week, accounting for 45% of the market shareAccording to Cointelegraph, data shows that over the past week, Solana's daily average DEX transaction volume has remained above $6 billion, accounting for 45% of the entire market. The transaction volumes of all other blockchains in the top ten have significantly decreased except for Solana. In addition, the total value locked (TVL) in the Solana network reached $9.2 billion, a 73% advantage over BNB Chain which holds assets worth $5.3 billion. Another report by DappRadar states that in the past seven days there were 29.3 million unique active addresses interacting with DApps on Solana. In comparison, Near had 9.6 million addresses, opBNB had 7.8 million addresses and Base had 4.6 million addresses. SOL futures funding rate peaked at about 4.2% on November 22nd and this indicator has been stable at around 2.4% per month for long positions, slightly higher than neutral point.
- 10:52Baby Doge: Plans to launch BabyDoge Properties service to enter the Real World Asset (RWA) real estate sectorPANews reported on November 24th that Baby Doge announced on platform X that it will soon launch the BabyDoge Properties service to enter the real estate RWA field, supporting users to purchase real estate with cryptocurrency. However, Baby Doge added that if this plan changes or is cancelled, no further notice will be given.
- 10:50The total amount of U.S. national debt has broken through 36 trillion dollars, reaching a new highNews on November 24, according to the latest report released by the U.S. independent research institution Federal Budget Accountability Committee, the total amount of U.S. national debt has broken through 36 trillion dollars this week, reaching a record high. From the end of July this year, when the total US national debt reached 35 trillion dollars, it has now risen to 36 trillion in just over three months.
