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Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
A federal judge on Thursday ruled he sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
The latest price moves in crypto markets in context for July 13, 2023.
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
- 11:16Executive Director of Trump's Digital Asset Advisory Committee: Need to accumulate quickly before BTC becomes more expensiveOdaily Planet Daily reported that Bo Hines, Executive Director of the Trump Digital Asset Advisory Committee, stated in an interview: "We need to quickly accumulate before Bitcoin becomes more expensive."
- 10:28Analyst: If Bitcoin falls to $82,700, over $500 million in long positions may face liquidation riskAccording to ChainCatcher, crypto analyst Ali Martinez posted on the X platform that if Bitcoin falls to $82,700, approximately $543.84 million in long positions may face liquidation risk.
- 10:27Data: A certain whale has purchased over 4,220 ETH in the past 5 hours, amounting to approximately $6.84 millionAccording to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that in the past 5 hours, a certain whale bought 4,224.5 ETH at an average price of $1,619 during a downtrend, worth $6.84 million. Subsequently, the tokens were transferred to address 0x3F6...B4aF9, which currently holds a total of 14,001 ETH valued at $22.6 million.