📈Daily Market Review📉

🔸Overview:
On July 25, the crypto saw significant volatility
BTC fell below $65K as Mt.Gox began distributing assets
ETH ETFs saw mixed fund flows on their 2nd trading day
The US stock market had its worst close in 2 years, affecting crypto sentiment. Regulatory developments are also shaping the landscape

🔸Bitcoin Market:
BTC dropped to $64,350
Mt.Gox began distributing BTC

🔸 Ethereum ETF:
ETFs saw mixed flows on their 2nd day
Grayscale's ETHE had a $326M outflow, while Bitwise and Fidelity saw inflows

🔸 Macroeconomic Data:
The US stock market had its worst close in 2 years, losing $1100B in a day

🔸 Daily Focus:
Mt.Gox Asset Distribution:
Bitstamp and Kraken are distributing assets to creditors, increasing market pressure

Ethereum ETF Performance:
Grayscale's ETHE saw significant outflows
ETH fell to $3190

🔸 Next Focus:
Regulatory:
Senator Lummis's planned legislation and potential MiCA compliance by Sygnum indicate rising regulatory focus on crypto

Full review: 👉HERE👈

CoinEx Will List 55 Margin Trading Pairs Including NOT/USDT, ZK/USDT,DOG/USDT and More
https://announcement.coinex.com/hc/en-us/articles/28750639709460-CoinEx-Will-List-55-Margin-Trading-Pairs-Including-NOT-USDT-ZK-USDT-DOG-USDT-and-More

CoinEx Lists $LRDS

✅ Trading Pair: #LRDS/USDT
✅ Deposit & Withdrawal: Jul 25 at 03:30 UTC
✅ Trading: Jul 25 at 04:00 UTC
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More info: http://coinex.com/en/info/LRDS

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CoinEx Will List NET (LayerNet) on July 25, 2024

🚀 CoinEx Lists $NET

✅ Trading Pair: #NET/USDT
✅ Deposit & Withdrawal: Jul 25 at 10:00 UTC
✅ Trading: Jul 25 at 10:10 UTC
✅ Service support: AMM, Spot Grid, & Auto-Invest Plan.

More info: http://coinex.com/en/info/NET

Find CoinEx: Web | 𝕏 | Telegram | Announcement | Discord | Facebook | Instagram | Medium | Reddit | YouTube

CoinEx Will Support OPSEC Smart Contract Swap

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CoinEx Will Support SUI (Sui), XPLA (XPLA), and CFX (Conflux Network) Network Upgrade & Hard Fork
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CoinEx Has Completed RNDR Token Swap and Rename

【Register as P2P Merchant with 0 Margin and Share 20,000 USDT】Merchant Points Ranking Announcement
https://announcement.coinex.com/hc/en-us/articles/28787261230484--Register-as-P2P-Merchant-with-0-Margin-and-Share-20-000-USDT-Merchant-Points-Ranking-Announcement

CoinEx Will Discontinue and Retire API V1 Services on September 25, 2024 (UTC)
https://announcement.coinex.com/hc/en-us/articles/28718290448404-CoinEx-Will-Discontinue-and-Retire-API-V1-Services-on-September-25-2024-UTC

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📈Daily Market Review📉

🔸Overview:
On July 26, crypto market remained volatile. An independent miner earned a significant block reward. ETH ETFs saw substantial outflows. The rune market had mixed results, and technical advancements were made on the BTC chain

🔸Daily Macro:
BTC Market:
An independent miner using a Bitaxe device mined block 853742, earning 3.192 BTC

🔸ETH ETF:
Grayscale's ETHE saw a $346m outflow on the 3rd trading day.

🔸Macroeconomic Data:
The Fed is expected to keep interest rates unchanged in July
Stablecoin market cap surpassed $164B

🔸Other Macro Information:
Marathon Digital purchased $100m worth of BTC.
A Kraken survey showed US investors believe crypto have greater growth potential than traditional investments.

🔸Ethereum ETF Outflows:
Grayscale's ETHE saw large outflows, reflecting investor caution. ETH may face short-term pressure

🔸Next Focus:
Rune Market Development:
Xverse wallet integrates rune Swap, and frucksBTC collection announces $WTF airdrop

Full review: 👉HERE👈

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🚀 CoinEx Lists $LUMBER with $10,000 Listing Bonus

✅ Trading Pair: #LUMBER/USDT
✅ Deposit & Withdrawal: Jul 26 at 02:00 UTC
✅ Trading: Jul 26 at 08:30 UTC

Learn more👉: HERE

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Explanation Regarding the Abnormal Liquidation Issues Caused by RNDR Swap