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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.
China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.
- 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%.
