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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.
- 12:18ECB responds to running digital euro on public blockchains like Ethereum: No final decision has been made yetAccording to a report by Jinse Finance, European officials are now considering running the digital euro on public blockchains such as Ethereum or Solana, rather than the previously anticipated private blockchains that were favored due to privacy concerns. Previously, the European Central Bank had conducted several years of research into the potential launch of a digital euro. EU officials are now concerned that U.S. legislation will further drive the adoption of dollar-denominated tokens, making it necessary to introduce a digital euro to safeguard the euro’s dominance across the European continent.
- 10:48WLFI Now Available on Hyperliquid Pre-Launch ContractsChainCatcher reports that WLFI has now been listed on the Hyperliquid pre-launch contract section, currently trading at $0.37.
- 10:37Analysis: At $0.36, WLFI public sale participants at $0.015 would see a 4.8x gain at launchAccording to ChainCatcher, crypto KOL AB Kuai.Dong analyzed that WLFI's pre-market contracts are currently consolidating around $0.36, corresponding to a total market capitalization of $36.4 billion. If, according to the official rule, only 20% of the public sale investors' shares are unlocked at the opening, and based on a token price of $0.36, the projections are as follows: Participants at $0.015 can realize a 4.8x profit at the opening, with a total floating profit of 24x for their shares. Participants at $0.05 can realize a 1.44x profit at the opening, with a total floating profit of 7.2x for their shares.