#25 Macro Markets (8th-14th July'23)

Institutional Money Flow, Top Movers, Narratives, Security, Regulations and everything macro about the crypto Economy.

Author

The Sixth Sense
July 14, 2023 

Welcome to the twenty-sixth issue of the Macro Markets. Let’s see overall market sentiment.

Price Action

Crypto Market Cap :

Crypto Today:

Top Gainers of the Day:

Fear and Greed(dominating) Index:

Volatility in crypto markets are near all time low:

Commodity Insights- Oil

Moving to major events in the centralized crypto world.

Crypto firm Gemini sues DCG after conflict over unit's restructuring deal:

Bitcoin Linked to Silk Road Moved On-Chain, Possible Sale by US Government:

Ripple's Victory: Coinbase, Kraken, Bitstamp, Crypto com, and Binance US announced listing of $XRP after court decision.

XRP Surges Over 90% After Ripple's Partial Win Against SEC, Boosts Tokens Deemed Securities by the SEC:

XRP Surges Over 90% After Ripple's Partial Win Against SEC, Boosts Tokens Deemed Securities by the SEC | CoinMarketCap

In a landmark decision on Thursday, XRP experienced a significant surge of over 90% at one point, following a somewhat favorable ruling for Ripple by a U.S. federal judge.

coinmarketcap.com/alexandria/article/xrp-surges-after-ripples-partial-win-against-sec

$XRP has just surpassed $BNB, and is now the 4th largest cryptocurrency in the world.

Coinbase Stock Up 60% Since SEC Charges:

Federal judge rules Ripple’s secondary market XRP sales were not securities

Q2 Bitcoin Mining Revenue Surges to $184M Due to BRC-20 Hype:

The country’s first “crypto” ETF now has more than $100M in assets:

In 2023 Q2, the total DEX volume reached $189 billion, representing 24% decrease compared to the total of $249 billion in Q1.

USDC supply fell as low as $28.6 billion, a 51% drop from its $55.96 billion June 2022 high:

The first Bitcoin futures contract in Latin America has begun trading:

Institutional Interest Spikes as BTC and ETH CME Futures Hit $46.8B in Trading Volume in June:

Crypto crime down by more than 65%, Chainalysis says:

Vanguard invests $600 million in bitcoin miners:

Google Play allows users to earn crypto assets in apps and games:

Celsius settles with FTC, agrees to pay $4.7 billion:

Arbitrum-based Rodeo Finance loses $1.5 million in latest DeFi exploit:

CEX Market Statistics:

Liquidation Heatmap:

Open Interest:

Cummulative Long:Short in the market:

Events to keep track off in the Cryptosphere:

Good reads

Which of these exchanges will go to zero first?

Top-10 Derivatives DEXs by TVL:

How can Celsius liquidate their $240mn worth of $CEL?

What’s Next for Ripple - A detailed thread

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