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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.

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.
- 00:55Hyperliquid will set a strict upper limit for the clearing treasury, and JELLY long users will settle refunds at $0.037555On March 28, Hyperliquid announced that users who hold long positions in JELLY at the time of settlement will be refunded by the foundation at a settlement price of 0.037555. This means that all JELLY traders will settle at a price favorable to them, unless it is a marked address. Hyperliquid is strengthening risk management in various ways, including: · HLP: The liquidation treasury will have a strict upper limit and only account for a small part of the total value of the HLP account. The frequency of rebalancing will decrease and more complex logic will be adopted around backup liquidation. If the loss from the liquidation treasury exceeds certain thresholds, ADL (Auto-Deleveraging) would be triggered instead of automatically transferring collateral from other parts of the treasury. Please note that ADL is not expected to trigger under normal market activities. · Open contract cap: The open contract cap will dynamically adjust according to market value. · Delisting assets: Validators will vote on-chain to delist assets below threshold values.
- 00:34The third fund under the encrypted venture capital Maven 11 has completed a fundraising of 107 million US dollarsAccording to The Block, the crypto venture capital firm Maven 11 has raised $107 million for its third fund, slightly exceeding the initial target of $100 million. The financing was completed about nine months later than originally planned, mainly due to the severe environment in the crypto market and more cautious attitudes from capital providers or limited partners (LPs). Balder Bomans, Chief Investment Officer and Managing Partner at Maven 11 stated that we have observed and experienced an increase in sensitivity from capital providers towards venture capital funds. This is partly due to widespread losses caused by a series of market crashes in 2022.
- 00:33The cross-chain stablecoin Tether USDT0 has been deployed to Optimism SuperchainThe cross-chain stablecoin Tether USDT0 has been deployed to the Optimism Superchain, with Optimism announcing that USDT0 is now live on the OP mainnet. The Superchain is a second-layer chain network designed to expand Ethereum through Optimism's OP Stack. The deployment of USDT0 is expected to attract more leading assets, applications and partners to join the Superchain. (Cointelegraph)