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The latest price moves in crypto markets in context for July 12, 2023.
The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.
The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.
Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.
ARK currently owns 11.03 million shares of Coinbase.
PLUS: Chinese Yuan-backed stablecoins are an impossibility.
Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz.
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.
- 14:42Owlto Finance: When BTC breaks through $100,000, a Bitcoin will be given to a lucky userOn November 23, cross-chain protocol Owlto Finance announced that when Bitcoin breaks through $100,000, it will draw one user who has performed a cross-chain operation within that hour and give them a free Bitcoin. Owlto Finance is a protocol that proposes an intent-centered full-chain liquidity solution and now supports cross-chaining of over 60 networks within the BTC, ETH, SOL, AVAX, Ton ecosystems. It has more than two million users from over 200 countries and regions worldwide.
- 14:09Overview of important events on the evening of November 23rd12:00-21:00 Keywords: VanEck, Tornado Cash1. Tether's market value surpasses Citigroup; 2. VanEck: Reaffirms maintaining the Bitcoin target price of 180,000 USD unchanged; 3. The court extends pre-trial detention for Tornado Cash developer Pertsev; 4. Valour signs a memorandum of understanding with Singapore digital asset exchange AsiaNext to list ETPs; 5. Web3 venture capital firm Theory Venture launches its second fund with a scale of 450 million USD.
- 14:08MOVR breaks through $15Bitget market data shows that MOVR has broken through $15, currently reported at $15.02, with a 24-hour increase of 27.83%.
