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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.
Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.
Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.
- 08:39The ETH band address completed the 19th round of transactions, making a profit of one million US dollars in a single dayAccording to on-chain analyst Yu Jing's monitoring, ETH swing traders have been selling off the 11,257.7 ETH they bought yesterday at an average price of $3560 today and converted it all into $41.07 million USDT 20 minutes ago. This round of trading was sold at an average price of $3649, making a single-day profit of $1 million. This address has completed a total of 19 rounds of swing trades, with profits in 15 rounds and losses in 4 rounds.
- 08:38The South Korean ruling party will hold a meeting tonight to discuss the response plan for the presidential impeachment caseOn December 4, the ruling party in South Korea, the People Power Party, will hold an emergency general meeting at 22:00 local time today (December 4) to discuss a response plan for the impeachment case against President Yoon Seok-youl proposed by the opposition party. This morning, the People Power Party held a three-hour general meeting to discuss three proposals put forward by Han Dong-hun, representative of the ruling party at the Supreme Committee: demanding collective resignation of cabinet members; investigating responsibilities of Defense Minister Kim Long-hyun and others; and requesting President Yoon Seok-youl to leave his party. However, no consensus was reached on Yoon's departure from his party. It is expected that discussions on related issues will continue within The People Power Party. It is reported that Prime Minister Han Deuk-soo of South Korea, Representative Han Dong-hun of the ruling party and Chief Whip Choo Kyung-Hwan jointly went to Presidential Office where they will have talks with President Yoon Seok-youl.(CCTV International News)
- 08:36Analyst: Ethereum's technical and fundamental aspects are in the best condition, predicting a rise to 5000 US dollarsOn December 4th, crypto analyst Ansem posted on social media: From a technical and fundamental analysis perspective, Ethereum is currently in the best state of this cycle: ETH/BTC has stabilized at the key support level of 0.03; The regulatory environment is improving, which may welcome ETF collateral products; The new generation Layer2 is about to go online, with Base and Virtuals performing strongly. It is expected that the price of Ethereum could break through $5000.