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Bitcoin’s stall despite a recent wave of positive crypto news is a cause for concern, one observer said.
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role, according to analysts.
While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story
The Tesla CEO and Twitter owner has been known on occasion to playfully talk about his fondness for the memecoin.
The latest price moves in crypto markets in context for July 19, 2023.
The burned tokens are now permanently destroyed, which makes circulating tokens more valuable if demand increases.
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data.
Ether posted nominal gains in the past 24 hours alongside the broader market.
ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC.
- 10:32Market News: Dutch lawmaker Thierry Baudet proposes establishing a Bitcoin strategic reserveAccording to ChainCatcher, citing Solid Intel, Dutch lawmaker Thierry Baudet has proposed the establishment of a BTC strategic reserve. The motion has not yet been put to a vote.
- 10:21Curve DAO supports providing a $60 million crvUSD credit line for new protocolsJinse Finance reported that Curve DAO has approved a proposal to provide a $60 million crvUSD stablecoin credit line for the new protocol Yield Basis, developed by Curve founder Michael Egorov, before its mainnet launch. According to the plan, three liquidity pools—WBTC, cbBTC, and tBTC—will go live on Ethereum based on Yield Basis's automated market maker (AMM) architecture. Curve Finance stated that the initial cap for these pools will be $10 million. The plan aims to expand the Curve ecosystem by embedding its native stablecoin more deeply into DeFi infrastructure. Additionally, it seeks to increase the potential fee flow for veCRV token holders. The veCRV token is the vote-escrowed version of Curve Finance's governance token, CRV.
- 10:21Ohio, USA to officially begin accepting Bitcoin for tax payments and service feesAccording to Jinse Finance, market sources report that the state of Ohio in the United States will officially begin accepting Bitcoin for tax payments and service fees.