BitDigest June 26 · Issue #688

Jun 26, 2020
  • Bitcoin is flat this morning, but today’s $1 billion in BTC options expiry could lead to a sudden market move
  • Once a crypto cynic, the BIS’ Coeure now sees great learnings from China’s experience with digital currencies
  • Monaco passes digital currency bill
BitDigest June 26 · Issue #688
BitDigest June 26 · Issue #688

The Headlines

Exchange, Custody and Product News

Thoughs on the Ecosystem

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC -0.10% falling to $60k and ETH -0.77% approaching the low $2,300s. Aptos (APT -0.05% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE -3.26% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -0.10% climbing back above $61,000 and SOL -1.89% moving above $145, while ETH -0.77% is lagging, trading around $2,400. Among today's outperformers is SUI -4.31% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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