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Markets
Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.

MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
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.

First Mover Americas: ProShares Dismisses Concerns Over Cost of Tracking Futures
The latest price moves in crypto markets in context for July 21, 2023.

SOL, XRP Lead Slide in Crypto Majors as Bitcoin Lingers Below $30K
Some of the selling pressure may have also arisen as U.S. House Republicans introduced a new digital assets oversight bill on Thursday that aims to establish a regulatory framework to protect investors in the crypto sector.

ProShares Says Bitcoin ETF Has Matched BTC Price Closely, 'Roll Cost' Concerns Are Unwarranted
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.

Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.

Initial Jobless Claims Suggest Continued Fed Tightening, but Investors Appear Unfazed
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred

First Mover Americas: XRP Momentum Could Set Precedent for Bitcoin
The latest price moves in crypto markets in context for July 20, 2023.

Chainlink’s LINK Climbs as Whales Add to Holdings Following Protocol Release
The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.

XRP Moving Above 'Cloud' Resistance Is Bullish Precedent for Bitcoin: Analyst
We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.
