Azuki NFT Prices Slide 44% After Creator Releases 'Basically Identical' Elementals
[ad_1] Elementals became the most-hyped and largest NFT offering in recent months, but community reaction has been critical. [ad_2]
Continue Reading
Category: Markets
Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
[ad_1] Meanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CoinDesk Co-Managing Editor of Markets Omkar Godbole […]
Continue Reading
Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
[ad_1] The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month. [ad_2]
Continue Reading
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
[ad_1] Traders are scrambling for bitcoin calls or bullish bets after the cryptocurrency’s sudden rally to nearly $31,000. [ad_2]
Continue Reading
BTC Is Becoming Illiquid at 147K a Month in Signal Long-Term Investors Are Accumulating
[ad_1] Glassnode’s illiquid supply change metric, which measures the number of coins held by illiquid wallets on a specific date compared with the same day the previous month, rose to 147,351.58 BTC ($3.9 billion) on Monday, the most since Dec. 19. The total held by illiquid entities has jumped to a record high 15,207,843 BTC, […]
Continue Reading
XRP Price Tumbles 8%, Erasing Gains from ‘Hinman Emails’ in Ripple vs SEC Lawsuit
[ad_1] XRP’s sharp downturn happened as bitcoin (BTC) and ether (ETH), the two leading cryptocurrencies by market capitalization, lost key price levels Wednesday afternoon after the Federal Reserve’s latest interest rate decision. Despite the Fed pausing its rate hike campaign after 14 months, an event most traders thought would be bullish for prices, BTC and […]
Continue Reading
Trader Makes Just $3 in Profit From $200 Million Flash Loan
[ad_1] A flash loan is a type of loan that is received and paid back within a single block without any upfront collateral. In this instance, the bot borrowed 200 million DAI tokens and supplied them to the Aave DAI market, borrowing $2,300 worth of wrapped ether (WETH) against it. [ad_2]
Continue Reading
Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows
[ad_1] “Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned. [ad_2]
Continue Reading
Solana, polygon and cardano tokens dunked hard amid SEC troubles
[ad_1] Earlier this week, the SEC identified tokens issued by foundations and companies or tied to protocols Polygon (MATIC), Sandbox (SAND), Filecoin (FIL), Axie Infinity (AXS), Chiliz (CHZ), Flow (FLOW), Internet Computer (ICP), Near (NEAR), Voyager (VGX), Dash (DASH) and Nexo (NEXO) as securities. [ad_2]
Continue ReadingSEC Lawsuits Spur $4B Deposit Flight From Crypto Exchanges Binance, Binance.US, Coinbase
[ad_1] The U.S.-based exchange said on Friday that users should withdraw USD as soon as possible following the SEC’s “extremely aggressive and intimidating tactics” against the company. The platform has suspended U.S. dollar deposits and will delist USD trading pairs shortly, while it temporarily transitions to a crypto-only exchange. [ad_2]
Continue Reading