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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.
- 16:56A whale spent $91,000 to buy 20.31 million LAUNCHCOIN a month ago, currently with a floating profit of over $3.4 millionAccording to a report by Jinse Finance, monitored by Onchain Lens, a month ago, a whale spent 74.5 SOL, worth approximately $91,000, to purchase 20.31 million LAUNCHCOIN. Currently, these LAUNCHCOIN are valued at over $3.51 million.
- 16:56ETH Surpasses $2600Market data shows that ETH has surpassed $2600, currently reported at $2600.13, with a 24-hour increase of 4.11%. The market is quite volatile, so please ensure proper risk management.
- 16:29Trump: Will Impose Additional Tariffs on Countries Levying Tariffs on the USU.S. President Trump: Will impose additional tariffs on countries that levy tariffs on the United States.