🤑 Coinbase Derivatives has filed with the CFTC to list regulated futures contracts on Chainlink (LINK)
The document filed states: “Coinbase has spoken with market participants who support the decision to launch Chainlink contracts.”
Coinbase Derivatives currently trades futures on five cryptocurrencies recognized as commodities by the CFTC: BTC, ETH, BCH, LTC and DOGE
📉 Kaiko: BTC trading volume reached historic lows over the weekend
This decline began after the launch of spot BTC ETFs, which led to reduced volatility and interest in the market during non-business days
This market situation stands in stark contrast to the high volatility and trading volumes that have traditionally accompanied BTC in the past, regardless of day of the week.
🗓 Worldcoin is waiting for a colossal unlocking this month
Starting July 24, 6.62 million tokens ($15 million) will be released daily for 730 days. At current prices, that's $11 billion, exceeding WLD's market capitalization of $590 million.
These tokens were reserved for community members, the development team and initial investors
Will the price of WLD hold, given all the regulatory problems of the project, with such sales pressure? If Sam Altman implements a new use of the WLD token in these 2 years, quite 👍
📰 Weekly report on capital flows into crypto investment funds showed an outflow of $30 million last week
ETH experienced the most significant outflows since August 2022, reaching $119 million in the last 2 weeks, making it the worst performing asset in terms of inflows
Trading volumes rose 43% to $6.2 billion, but were still well below the annual average of $14.2 billion per week.
☯️ Fetch.ai will begin the first phase of its merger with AGIX and OCEAN today at 15:00 UTC. What will change for AGIX and OCEAN holders?
Starting today, exchange deposits, withdrawals and trading of AGIX and OCEAN are closed
At 15:00 UTC, all AGIX and OCEAN balances held by users on exchanges are automatically converted at the rate of 1 FET:0.433 AGIX/OCEAN
As part of the first phase, AGIX and OCEAN, issued on Ethereum, are merged into FET (token holders on Cardano, BNB Chain and Polygon can wait for the second phase)
The second phase, scheduled for mid-July, includes the mainnet upgrade, the deployment of the ASI token and the opening of AGIX/OCEAN (on other networks) and FET to ASI conversion
It is important to note that there is no need to rush as the migration window will be available for many years
💩 At the Bloomberg Invest conference, Gary Gensler described the cryptocurrency industry as follows: “This is an area where leading figures are either already in prison, preparing for prison, or awaiting extradition.”
As always, being too general and not reflecting the full picture, Gensler puts a stigma on the entire industry 🤷