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The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
The latest price moves in crypto markets in context for July 13, 2023.
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT.
- 19:05SOL fell below 260 dollarsBitget market data shows that SOL has fallen below 260 dollars, currently reported at 259.96 dollars, with a 24-hour increase of 1.55%.
- 19:01UNI breaks through 11 US dollarsBitget market data shows that UNI has broken through $11, currently reported at $11.01, with a 24-hour increase of 16.51%.
- 19:01BTC falls below $98,000, down 0.50% on the dayThe Bitget ticker shows that BTC has just fallen below $98,000 and is now at $97,888.00, down 0.50% on the day.