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| Mt. Gox Payouts Trigger Market Movement | Bitcoin surged to $65,200 as the market brushed off concerns about recent BTC transfers by Mt. Gox . This unexpected leap left short traders scrambling, triggering high liquidations. Coinglass data reveals over $240 million liquidated in the past 24 hours, with $126.84 million occurring in just the last 12 hours and $147.77 million coming from short crypto derivative traders alone. | | | | Among the top 100, the Solana-based tokens – WIF, HNT, and JUP – saw significant gains, while TIA experienced considerable losses. | | | dogwifhat WIF | $2.40 ▴ 53.24% | | | | | | Helium HNT | $4.26 ▴ 40.34% | | | | | | Jupiter JUP | $0.97 ▴ 31.61% | | | | Wondering what are the best & worst performing crypto on a daily basis? Subscribe to our price alerts here. | | | In an unexpected move, Solana's SOL token jumped 13% between July 14 and 16, finally crossing the $160 mark after five weeks. Yet, it's still 24% below its March high of $209, leaving traders skeptical about its chances of reaching $180 soon. | | Crypto traders are buzzing over XRP, which surged 35% this past week , igniting speculation about a possible breakout. Currently priced at $0.60 — up from $0.43 on July 10 — XRP's rise aligns with the broader market rally. | | Amid intense speculation over the U.S. presidential race, Polymarket's crypto prediction platform shattered its trading volume records, amassing $116.4 million in the first half of July, according to Dune Analytics. This surpasses its previous monthly high of $111.5 million, set in June. | | In a surprising twist, a phishing scammer returned $9.3 million to a victim after stealing $24 million in September 2023. First flagged by Scam Sniffer, the scammer used the Dai stablecoin for the refunds, returning $5.23 million on July 8 and another $4.04 million on July 13, according to Etherscan. | | | | | | Monero XMR | $158 ▴ 0.60% | | | | | | Toncoin TON | $7.30 ▴ 1.11% | | | | | | Solana SOL | $162 ▴ 20.13% | | | | | | Tron TRX | $0.13 ▾ -1.05% | | | | | | Tether Tron Chain USDTRX | $1.00 ▾ -0.01% | | | | | | | | Have you enjoyed this letter? | | | | | © Changelly 2015—2024
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