Kraken Receives Gox Distribution, ETH ETFs Set to Launch Next Tuesday

Jul 16, 2024

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 5.71% falling to $60k and ETH 4.95% approaching the low $2,300s. Aptos (APT 5.11% ) 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 5.94% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 5.71% climbing back above $61,000 and SOL 5.69% moving above $145, while ETH 4.95% is lagging, trading around $2,400. Among today's outperformers is SUI 8.36% , 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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