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The latest price moves in crypto markets in context for June 30, 2023.
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.
The latest price moves in crypto markets in context for June 29, 2023.
With today’s 17% gain, BCH has now more than doubled in the week since it was listed on EDX Markets, a new crypto exchange backed by financial heavyweights.
Technical improvements and a listing on EDX Markets have likely fueled trading interest in bitcoin cash tokens.
The latest price moves in crypto markets in context for June 28, 2023.
ALSO: Fast-paced, entrepreneurial Seoul ranked fourth globally in CoinDesk's crypto hub series. Korea's digital asset friendly, regulatory environment and a vibrant retail community have helped enabled the industry's rising prominence in the city.
Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.
Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.
- 22:21The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 61.9 percentAccording to the CME “Fed Watch”: the probability that the Fed will keep current rates unchanged until December is 38.1%, the probability of a cumulative 25 basis points of interest rate cuts is 61.9%. The probability of keeping current rates unchanged by January next year is 25.9%, the probability of a cumulative rate cut of 25 basis points is 54.3%, and the probability of a cumulative rate cut of 50 basis points is 19.8%.
- 22:10cbBTC circulating supply reaches 15,070 pieces, market cap exceeds $1.3 billioncbBTC reaches 15,070 pieces in circulating supply, market cap exceeds $1.3 billion Dune data shows that Coinbase WrappedBTC (cbBTC), the encapsulated bitcoin, has a circulating supply of 15,070 coins, with a 16.3% share on the ethereum chain.
- 22:05150 million USDT transferred from Tether Treasury to CEXAccording to the on-chain data tracking service WhaleAlert monitoring, 150,000,000 USDT ($150,030,000) were transferred from Tether Treasury to CEX at around 02:43 Singapore time.
