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The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday.
The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.
Launch of the token comes alongside protocol launch and prior release of the wallet.
Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.
The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
The latest price moves in crypto markets in context for July 21, 2023.
- 21:46Offshore Yuan Falls 91 Points Against US Dollar Compared to Wednesday's New York CloseOffshore RMB (CNH) against the US dollar was reported at 7.2789 yuan at 04:59 Beijing time, down 91 points from the New York close on Wednesday, with overall intraday trading in the range of 7.2664-7.2871 yuan.
- 20:47Macquarie: The Dollar Is Unlikely to Fully Reverse Its Recent DeclineAccording to a report by Jinse Finance, Macquarie strategist Thierry Wizman stated that even if the Trump administration removes all tariffs, the dollar is unlikely to fully reverse its recent declines. He said, "After all, aside from capital flight, considering the decline in the integrity of some U.S. institutions and systems, it is also necessary to reduce reliance on the dollar. The dollar will no longer be an indispensable currency, but more of an alternative to a few comparable currencies like the euro."
- 20:46Data: Three Whale Addresses Spent $7.2 Million to Buy 5,362 ETH in the Last 2 HoursAccording to Lookonchain monitoring, in the past two hours, three whale addresses spent a total of $7.2 million to purchase 5,362 ETH. Address 0xDdb4 borrowed 3.44 million USDC from Aave and then used these 3.44 million USDC to purchase 1,856 ETH. Address 0xf84d borrowed 1.64 million USDC from Aave and then spent 2.34 million USDC to purchase 1,259 ETH. A newly created wallet (0x69D0) withdrew 2,250 ETH (worth $4.12 million) from a CEX.