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The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.
Launch of the token comes alongside protocol launch and prior release of the wallet.
Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.
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.
- 09:46Insider: Kanye West plans to issue YZY tokens, personally obtaining a 70% shareChainCatcher reports, according to CoinDesk, that renowned rapper Kanye West plans to launch a cryptocurrency token YZY. As revealed by three insiders of the project, in the token distribution scheme, Kanye himself will receive 70% share, liquidity supply accounts for 10%, and investors account for 20%. The project information was disclosed by Yeezy's Chief Financial Officer Hussein Lalani via email. The YZY token will serve as the official currency of the Yeezy brand and can be used for payments on its website. This move is seen as an evasion from platforms like Shopify that have severed cooperation due to his controversial remarks. The project was originally scheduled to go on sale at 6 pm on February 21st on the Yeezy website but has been postponed until February 22nd. Insiders say that the delay is related to an incident involving Argentine President Milei's associated tokens.
- 09:42In the past 1 hour, $105 million has been liquidated across the entire network, mainly short positionsPANews reported on February 21 that data from Coinglass shows that in the past hour, a total of $105 million has been liquidated across the network. Of this amount, short positions accounted for $101 million and long positions accounted for $4.2254 million.
- 09:14SOL tokens worth 130 million dollars have been transferred to a new addressGolden Finance reports, according to ARKHAM monitoring data, a batch of SOL tokens worth 130 million US dollars has just been transferred to a new address. These SOL tokens mainly come from the exchange's hot wallet and two other unmarked addresses.