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Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.
The latest price moves in crypto markets in context for July 11, 2023.
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.
Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.
The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.
Buying for the trust has picked up on hopes the SEC might soon approve a spot bitcoin ETF.
The bank previously said it expected the cryptocurrency to reach $100,000 by then.
The latest price moves in crypto markets in context for July 10, 2023.
- 02:10Bitwise CIO: The number of Bitcoins MSTR has purchased in the past 12 months exceeds the BTC production of the Bitcoin network for the next 12 monthsBitwise Chief Investment Officer Matt Hougan said on the X platform: "Microstrategy has purchased 212,000 bitcoins in the past 12 months, exceeding the number of bitcoins that will be produced by the Bitcoin network in the next 12 months (estimated to be 164,000). People underestimate the importance of corporate bitcoin purchases because they forget how few bitcoins there are. Corporations already own 900,000 bitcoins and their purchasing speed is accelerating."
- 02:05A certain whale withdrew 5000 SOL from CEX and bought 1.53 million GOATAccording to Onchain Lens monitoring, in the past 8 hours, a certain whale withdrew 5,000 SOL worth $1.25 million from CEX and bought 1.53 million GOAT at an average price of $0.817 each. Seven months ago, this whale also bought 13,248 SOL at an average price of $159 each, worth $2.1 million.
- 01:011confirmation founder: Ethereum is the world's first "triple attribute asset"Nick Tomaino, the founder of 1confirmation, posted in X stating that "Ethereum is the world's first 'triple attribute asset': · Capital Asset: Represents ownership shares in the developer ecosystem driving crypto innovation (such as DeFi, NFTs, prediction markets, decentralized social media etc). · Store of Value: Has a lower inflation rate than BTC and serves as a fundamental asset for decentralized finance. · Yielding Asset: The annual yield rate is approximately 3%."
