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PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.
Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.
The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.
Buying for the trust has picked up on hopes the SEC might soon approve a spot bitcoin ETF.
The bank previously said it expected the cryptocurrency to reach $100,000 by then.
The latest price moves in crypto markets in context for July 10, 2023.
China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.
PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.
- 20:45BTC breaks through $82,600The market shows that BTC has broken through $82,600, currently reported at $82,603.77, with a 24-hour drop of 1.47%. The market fluctuation is significant, please manage your risk well.
- 20:43The current Bitcoin holdings in El Salvador are 6131.1 coinsMempool data shows that El Salvador currently holds 6131.1 BTC, equivalent to approximately 505 million US dollars.
- 19:45ETH fell below 1800 USDTMarket data shows that ETH has fallen below 1800 USDT, currently reported at 1798.12 USDT, with a 24H drop of 4.14%.