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The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.
Launch of the token comes alongside protocol launch and prior release of the wallet.
Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.
The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
The latest price moves in crypto markets in context for July 21, 2023.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the "digital asset" category, which some say bodes ill for DeFi.
- 17:52USDe supply surpasses 13 billion, reaching a new all-time highJinse Finance reported that, according to data from the DeFilama platform, as of September 13, the supply of USDe has surpassed 13 billion, reaching 13.3 billion, setting a new all-time high. The increase over the past 7 days was 4.87%.
- 17:24Vitalik: Ethereum's mission is to connect Eastern and Western communities, plans to achieve 10x scalability next yearBlockBeats News, September 13, according to Bitcoin.com, Ethereum co-founder Vitalik Buterin took the stage at EthTokyo 2025 and stated that he firmly believes Layer 2 solutions are the future direction of Ethereum. He further put forward an ambitious goal: Ethereum plans to achieve a 10x scalability increase next year, enhancing the network's throughput and accessibility while maintaining decentralization and security. Vitalik specifically emphasized the role of Asia. Chinese developers created the early PyEthereum client, volunteers translated the whitepaper and documentation into multiple languages, and the power of the community propelled Ethereum to a global stage. He compared the styles of Chinese and Japanese developers: Chinese projects advance rapidly and on a large scale, while Japanese developers are more adept at experimenting with new technologies. Looking to the future, Vitalik called for more researchers and application developers to join, stating that reliance should not be placed solely on the core team. He encouraged Asian developers to focus on efficiency and security, and believes that AI will become an important learning tool. New technologies often "reset" the ecosystem, such as the breakthroughs brought by zero-knowledge proofs. Vitalik predicts that the 2030s will usher in a new technological paradigm. Vitalik reiterated that Ethereum's mission is to connect Eastern and Western communities. In terms of funding models, he believes that the global advantage of ICOs surpasses that of traditional VCs, and proposed that in the future, ICOs should be combined with DAO governance to create a more open and transparent funding mechanism.
- 17:24Next Week's Macro Outlook: Fed Rate Cut Cycle Set to Restart, Dot Plot Becomes New Market FocusBlockBeats News, September 13 — Over the past week, moderate CPI and PPI inflation reports, along with a surge in initial jobless claims, have paved the way for the Federal Reserve to cut rates by at least 25 basis points at its September meeting. Concerns over the labor market and prices have led the US Consumer Confidence Index to hit its lowest level since May, with long-term inflation expectations rising for two consecutive months. The Federal Reserve will hold its policy meeting next week. A 25 basis point rate cut itself is unlikely to trigger market volatility. If that is indeed the case, market participants may quickly shift their focus to Fed Chair Powell’s press conference and the latest Summary of Economic Projections (SEP), especially the new “dot plot.” Here are the key points the market will focus on in the coming week (all times in GMT+8): Wednesday 21:45, Bank of Canada announces its rate decision; Thursday 2:00, Federal Reserve FOMC announces its rate decision and Summary of Economic Projections; Thursday 2:30, Federal Reserve Chair Powell holds a monetary policy press conference; Thursday 19:00, Bank of England announces its rate decision and meeting minutes; Friday (time to be determined), Bank of Japan announces its rate decision; Friday 14:30, Bank of Japan Governor Kazuo Ueda holds a monetary policy press conference.