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The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
The latest price moves in crypto markets in context for July 13, 2023.
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT.
- 18:01GMGN Joint Creation: Issues have arisen with Solana's MEV facility, it is recommended that users control slippage and transaction amountsGMGN United Creation @haze0x posted on X platform saying: There are problems with the mev facility on the sol chain, and the clamps have started to go wild. Everyone pay attention to controlling slippage. Control each transaction amount.
- 17:07Analyst: In the past 48 hours, whales have bought approximately 330,000 ETHCrypto analyst Ali Martinez revealed data on the X platform, stating that in the past 48 hours, whales have bought approximately 330,000 ETH.
- 17:05The US Bitcoin spot ETF market has seen capital outflows for four consecutive weeksNews on March 9, the US Bitcoin spot ETF market has seen capital outflows for four consecutive weeks. According to data from Farside Investors, as of the week ending March 7, the largest single-week fund outflows included: Fidelity Wisdom Origin Bitcoin Fund (FBTC) with a net outflow of $201 million, continuing its outflow for six weeks. ARK 21Shares Bitcoin ETF (ARKB) had a net outflow of $163.5 million. iShares Bitcoin Trust (IBIT) had a net outflow of $129.6 million. With institutional investors pulling back, weak demand disrupted the balance between supply and demand for bitcoin, causing it to fall by 8.76% over the past week.