#Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high, according to #CBNC #News.

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While early growth in both spaces has been eerily similar, don’t get too excited about #crypto’s future. By now, many of us have seen this graph comparing #internet adoption to crypto #adoption. #news

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#BinanceChain #BinanceCoin #BNB futures open interest surged from $355 million on July 5 to the current $476 million, approaching its highest level in 18 months, according to #CoinTelegraph #CoinGlass.

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#Gold was down $43.38 per ounce or 2.2% for the month, closing at $1,919.35 on June 30. Two- and ten-year treasury yields climbed higher in June, but the U.S. #dollar was not to be blamed for gold’s drop this time. The U.S. dollar index (#DXY) was also down in June (-1.4%).

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Labor Department’s #CPI Data Shows 3% Inflation Rate for June, according to #NewsBitcoin #News

#Inflation in the #UnitedStates continues to cool, according to the latest #ConsumerPriceIndex #report from the U.S. Bureau of Labor Statistics released Wednesday. Inflation has fallen consecutively each month since June 2022. The inflation rate in June 2022 was 9.1%, but the latest CPI statistics show it has dropped to 3%.

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Assessing the magnitude of supply acquired during the recent correction to $25k, the volume of supply which jumped from 'in-loss' to 'in-profit' status was around 2.47M #BTC, equivalent to 12.7% of the total supply. #News #GlassNode

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Today, 74% of all #cryptocurrency transactions on #CentralizedExchanges incorporate a #stablecoin, according to #Kaiko.

This is an increase of 10% since the start of 2020, but well below all time highs hit in March, when very briefly, 87% of all crypto trades incorporated a stablecoin.

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#Ripple #XRP victory bodes well for #ADA, #SOL, #MATIC

XRP partially winning against the commission has boded well for #altcoins recently labeled securities. Specifically, #Cardano (ADA), #Solana (SOL), and #Polygon (MATIC) prices have soared around 20%, each following the breaking #news.

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#Litecoin, one of the largest #altcoins in the #crypto #ecosystem, is closer to a #halving event.

According to data from crypto intelligence tracker #Santiment, there is a spike in social dominance of Litecoin.

Previous increases in this #metric coincided with a price correction in #LTC. Therefore, this on-chain indicator paints a bearish picture for Litecoin price trend in the short term.

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#Bitcoin’s price traded above $31,000 on July 4, fueling #bullish bets by #traders using options contracts, according to #CoinTelegraph #News.

Another failed attempt to break the resistance on July 6 explains why bulls have concentrated their bets on Bitcoin prices trading above $31,000.

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#Ripple #XRP Suprassed #BNB #BinanceCoin #BinanceChain and Now is the Forth Cryptocurrency by Market Cap 🔥 , according to #CryptoRank

Following a New York judge’s ruling, which stated that XRP token is not a security, XRP price surged by 67% in the last 24H while its market cap soared by 67.5%.

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#Ripple #XRP #token has a total supply of 100 billion, created at inception when the XRP #Ledger was launched in 2012, according to #Messari #Report #News.

Of the original 100 billion XRP, 80 billion was given to Ripple for the company to continue contributing code and services to the Ledger, and 20 billion was given to the three founders with various lockup agreements.

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30 days after #Blackrock's filing for a #spot #Bitcoin #ETF, sentiment has shifted dramatically in the crypto space, according to #IntoTheBlock.

Bitcoin and #Ethereum prices are up 22% and 15% respectively, while many altcoins are up significantly more following #Ripple's...

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#MATIC price surged due to favorable #regulation, increased #network use and anticipated #Polygon 2.0 upgrade that could see a rebrand to #POL, according to #CoinTelegrahp #CryptoNews #News.

Polygon has experienced a significant price increase on July 13, driven by several key factors. These include a recent positive court ruling for XRP, increased activity of decentralized applications (#Dapps) on the Polygon Network, and the highly anticipated launch of Polygon 2.0.

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The total trading volume of the top 10 exchanges in Q2 2023 was $8.3 trillion, a decrease of nearly a quarter compared to Q1, according to #tokeninsight #CryptoNews #News.

The top 4 exchanges by trading volume were #Binance, #OKX, #ByNewsbit, and #Bitget, whose combined market share exceeded 85% of the total market.

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Many wonder: when will we really have a massive #bullrun within the #cryptocurrency #market? #Report #News #CryptoNews

Under personal parameters, it will be after exceeding more than $1,455T in total #capitalization. In the last hours the market grew 5% in capitalization, from $1,154T to approximately $1,214T.

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#TotalValueLocked (#TVL) in #Solana exploded, hitting a 2023 peak of $1.099 billion. The #Ethereum alternative witnessed a massive price rally as market participants responded to the verdict of the #SEC vs #Ripple lawsuit. #News #CryptoNews

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According to #DefiLlama, #Cardano's #totalvaluelocked (#TVL) in #ADA terms increased by 10% month-on-month, reaching 550 million ADA on July 14. Additionally, #decentralizedexchange volumes saw a 6% increase over the past seven days.

Read More: https://social.wubits.io/share/64b293d78a5b8d29dfb79f2f?rid=63dffbc796acc11510f0903b&utm_source=link