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PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3.
The largest cryptocurrency by market cap tends to rally in the month of July, the report said.
The latest price moves in crypto markets in context for July 5, 2023.
Copies of several meme coins have popped across the board in a trend that’s likely to die out within weeks.
The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes.
Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.
A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times
It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.
Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.
- 16:55BTC falls below 94,000 US dollarsBitget market data shows that BTC has fallen below $94,000, currently reported at $93,939.13, with a 24-hour decline of 0.58%.
- 16:38Gavin Wood: 2024 is a crucial year of transformation for Polkadot, and 2025 is worth looking forward toIn the 2024 annual summary, Gavin Wood stated that Polkadot has entered a watershed period, with core objectives shifting from achieving product goals outlined in the white paper to optimization and stability enhancement to better meet market demands. Technologically, Polkadot made several significant advancements in 2024, pushing projects like Mythical Game to their performance limits within its ecosystem. Meanwhile, Gavin proposed the Proof-of-Personhood mechanism aimed at countering threats posed by generative AI to the free world. By integrating ZK technology, it provides a reliable identity solution and is planned for launch in 2025.
- 16:38Next week, a large amount of tokens such as SUI, OP, ZETA and others will be unlockedAccording to Token Unlocks data, SUI, OP, ZETA and other tokens will see large unlockings next week (Dec. 30-Jan. 5), with:Beldex (BDX) will unlock about 330 million tokens, or 4.78% of the current circulating volume, valued at about $26.1 million at 8 a.m. Singapore time on Dec. 30th;Optimism (OP) will unlock approximately 31.34 million tokens, or 2.32% of the current float, valued at approximately $58.6 million on December 31 at 8 a.m. Singapore time;ZetaChain (ZETA) will unlock approximately 53.89 million tokens, or 9.35% of the current float, valued at approximately $32 million on January 1 at 8 a.m. Singapore time;Sui (SUI) will unlock approximately 64.19 million tokens, or 2.19% of current liquidity, valued at approximately $270 million at 8 a.m. Singapore time on January 1st;Sleepless AI (AI) will unlock approximately 23.21 million tokens, or 17.85% of the current float, valued at approximately $14.6 million on Jan. 1 at 8 a.m. Singapore time;dydx (DYDX) will unlock approximately 8.33 million tokens, or 1.17% of the current float, valued at approximately $12.8 million on January 1 at 8 a.m. Singapore time;Ethena (ENA) will unlock approximately 12.86 million tokens, or 0.44% of the current circulating volume, valued at approximately $12.1 million at 3 p.m. Singapore time on January 1st.