Crypto token unlock events in July are likely to flood the market with over $730 million in assets. DYDX, SUI, Arbitrum, Axie Infinity and ApeCoin rank among the top assets with scheduled unlocks in July. Large scale token unlocks … [Continue reading]
China NBS Non-Manufacturing PMI registered at 50.5, below expectations (51) in June
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China NBS Manufacturing PMI meets forecasts (49.5) in June
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
AAVE TVL climbs past $12 billion, DeFi token crosses $95
AAVE total value locked in the chain has crossed $12.34 billion, per DeFiLlama data. AAVE added nearly 17% to its value this week, surged to $95.63 on Saturday. The DeFi token dominates the crypto lending sector with 41% share. … [Continue reading]
Coinbase Chief Legal Officer says SEC and Chair Gary Gensler blocked the reveal of key documents
Coinbase Chief Legal Officer Paul Grewal said Chair Gensler and SEC seek to prevent key documents from coming to light. Grewal said the exchange has asked SEC Chair to produce documents concerning communication on regulation of crypto … [Continue reading]
Uniswap, Shiba Inu are undervalued while Bitcoin, Ethereum and Toncoin are overvalued, on-chain data shows
On-chain metrics identify crypto tokens as undervalued and overvalued based on trader returns. Santiment’s MVRV Z-Score reveals Bitcoin, Ethereum and Toncoin are overvalued, Uniswap and Shiba Inu are undervalued. UNI, SHIB prices dropped … [Continue reading]
Ethereum long-term holders could play major role in ETH’s price movement in coming weeks
Ethereum long-term holders now own 78% of ETH's total supply. Spot Ethereum ETF issuers have begun marketing their products with a potential "tech play" move in the cards. Ethereum options data shows reduced volatility as ETH looks set to reach a new … [Continue reading]
SEC sues Consensys over Metamask. What does this mean for users?
SEC filed a lawsuit against Consensys in a District Court in New York. SEC's lawsuit alleged that Consensys violated securities laws through its Metamask platform. The lawsuit could stir FUD among Metamask users, considering it is the largest ERC-20 … [Continue reading]
Australian Dollar benefits from hawkish RBA, soft PCE data from the US
AUD rose against USD due to US inflation reduction and a potential dovish stance from the Fed. Soft PCE data from the US may benefit the Aussie policy divergence between the RBA and Fed. RBA's delayed rate cuts could bolster the Aussie, contrasting … [Continue reading]
United States CFTC Oil NC Net Positions up to 271.2K from previous 246.8K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]