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Markets
First Mover Americas: Bitcoin Starts Week in the Red
The latest price moves in crypto markets in context for July 24, 2023.

Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.

Elon Musk Rebrands Twitter to X, Spurring Scores of Wannabe Tokens
One token zoomed 1,200% even though its related project closed in May, data shows.

Bitcoin Traders Cautious Despite Spot ETF Optimism, Leverage Indicators Suggest
The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry
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.

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.
