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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.
- 19:19$410 Million in Liquidations Across the Network in the Past 24 Hours, Both Long and Short Positions AffectedMay 14 news, according to Coinglass data, in the past 24 hours, the cryptocurrency market saw a total liquidation of $410 million in contracts across the network, with long positions liquidated at $211 million and short positions at $199 million. The total liquidation amount for BTC was $50.973 million, and for ETH, it was $173 million.
- 19:18Bitcoin Achieves Nearly $3 Billion Market Cap Growth in a Month, with a Monthly Growth Rate of Approximately 3%According to glassnode data, Bitcoin's Realized Cap has increased by nearly $3 billion after a stagnation period in April, with a current monthly growth rate of approximately 3%. Although this growth confirms a reinflow of funds, the growth rate still lags behind the strong accumulation observed during November to December 2024.
- 19:17Curve: Two-Year Anniversary of crvUSD with a Record Supply of $181 MillionCurve announced that today (May 14, 2025) marks the second anniversary of crvUSD's establishment, as well as the six-month milestone since scrvUSD's launch. This week, the supply of crvUSD reached a record high of $181 million. In the future, a lending market will be created on LlamaLend, which will support using LP tokens as collateral to borrow (rather than mint) crvUSD.