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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.
Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.
The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot.
The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
- 17:19USDC Treasury Destroys 50 Million USDC on Ether ChainUSDC Treasury destroyed 50 million USDC on the Ether chain about 11 minutes ago.
- 16:56If Bitcoin Falls Below $93,000, Mainstream CEX's Cumulative Long Liquidation Strength Will Reach $341 MillionAccording to the data, if Bitcoin falls below $93,000, the cumulative long liquidation strength of mainstream CEX will reach 341 million. Conversely, if Bitcoin breaks above $97,000, the cumulative short liquidation strength of mainstream CEX would be 308 million.
- 16:55A trader bought STNK for just $3 last month and has now sold it for a profit of $50,000A trader who bought STNK for just $3 last month has just sold it for a profit of $50,000, according to an Arkham post on the X platform.
