Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted. Source
Read MoreSome signs suggest potential market weakness despite Tuesday’s rally, market observers noted. Source
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The decentralized finance (defi) landscape remains volatile as top defi projects vie for dominance gauged by total value locked (TVL) and investors scout for projects to get exposure in. Lido Finance’s declining TVL continues to
Read More"Whether that's one of the largest financial services companies in the world launching a stablecoin using public blockchain infrastructure or renewed excitement for futures-based ETH ETFs on the back of a flurry of new applications, both volatility and volume metrics continue to drop to multi-year lows," David Lawant, head of
Read MoreLeading the CryptoX Market Index's (CMI) 1.3% decline were altcoins such as Ripple's (XRP), Dogecoin (DOGE), Polkadot's (DOT), Polygon's (MATIC), and Uniswap's (UNI), each sporting losses of more than 4% over the past 24 hours. Outperforming were the crypto majors bitcoin (BTC) and ether (ETH), both of which managed declines
Read MoreThe unemployment rate TKTK to 3.X% versus estimates for 3.6%. Original Source
Read MoreOn-chain data shows that the Bitcoin exchange supply has only continued to slip further recently despite the price drop to the $29,200 that BTC has observed. Bitcoin Exchange Supply Has Declined To Just 1.17 Million BTC Now According to data from the on-chain analytics firm Santiment, the latest decline in the price
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the Federal Reserve’s decision to pause interest rates, bitcoin experienced a decline, with prices slipping to $25,000. The cryptocurrency market is grappling with intricate security law matters, and ethereum (ETH) has also witnessed notable volatility,
Read MoreThe largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country. Source
Read MoreAs the summer season arrives, an unexpected heatwave is gripping financial marketsThis heat is coming in the form of the US Dollar (DXY) which has been on a remarkable uptrend since late April, reaching levels unseen since early March’s banking crisis when the dollar wrecking ball wreaked havoc on asset
Read MoreWhile the stablecoin exchange balance has dropped 44% this year, bitcoin's price has rallied by 70%. Original Source
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