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MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
Bitcoin price is down today as investors expect the Federal Reserve to raise rates and crypto whales send record amounts of BTC to exchanges.
The latest price moves in crypto markets in context for July 24, 2023.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
One token zoomed 1,200% even though its related project closed in May, data shows.
Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active.
The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday.
- 05:03Bitget Wallet now supports instant crypto purchases via Apple Pay and Google PayForesight News reported that Bitget Wallet has partnered with payment infrastructure platform Mercuryo to launch a quick cryptocurrency purchase feature within the wallet. Users can instantly purchase over 40 types of cryptocurrencies through various methods such as Apple Pay, Google Pay, credit cards, and debit cards. The service supports more than 40 fiat currencies and over 10 payment channels including Visa, Mastercard, Revolut Pay, SEPA, and PIX. Bitget Wallet has recently launched a fiat withdrawal feature, allowing users to convert crypto assets to their bank accounts. According to the official statement, this feature, together with the current partnership, will further improve the wallet's deposit and withdrawal channels, enhance user convenience, and make digital assets more accessible for everyday financial applications.
- 05:02A smart money address sold PUMP three days ago for a profit of $1.48 million, bought TRUMP eight hours ago, and has already made a profit.Foresight News reported, according to monitoring by Lookonchain, the smart money address starting with H56YMH sold 317.47 million PUMP at a price of $0.008 three days ago, worth approximately $2.53 million, making a profit of $1.48 million. Subsequently, eight hours ago, this address bought 320.63 million TRUMP at a price of $0.007835, currently with an unrealized profit of about $223,000.
- 05:01DeAgentAI releases new whitepaper, unveils AIA tokenomics and staking model detailsForesight News reported that the Sui ecosystem AI project DeAgentAI has updated its official whitepaper to version V2. The new version mainly adds details on tokenomics and the staking mechanism. The tokenomics section elaborates on the core functions of AIA, its value capture model, token allocation ratios, and detailed release rules. The staking mechanism chapter explains the value of AIA and the staking gameplay. In addition, the whitepaper also released security audit reports for core components such as the token contract and cross-chain bridge, issued by multiple institutions.