Cryptos Today: Bitcoin Loses $23,000, Ethereum Falls 7% After All-Time High Amid Reduced Risk Appetite

Oh Bitcoin (BTC) rises on Tuesday below US$23,000 after a fourth consecutive day of decline, a sign of a movement of profit taking after a month with a cumulative increase of almost 20%. As of 7 a.m., the cryptocurrency is trading at $22,715, down 2.8% in the past 24 hours. Ethereum (ETH), which jumped around 60% in July, is down 7% today at $1,570.

The worst news also seems to be behind us. Meanwhile, positive news continues to emerge, with July becoming the strongest month for digital asset funds this year in terms of fundraising. Coinbase has released Ethereum staking for US institutional clients.

Between aces altcoins the most efficient today are the Celsius network (THE), a crypto platform of the same name which fell in June after the liquidity crisis. Today, it is up 12.5%. Chiliz (ZCH) rises 9.5% after Socios.com, which owns the coin, buys part of the digital studio of the FC Barcelona for 100 million dollars.

On the negative side, Filecoin stands out (THREAD), a cryptocurrency from a decentralized cloud storage platform. After rising nearly 100% in three days, the digital asset that functions as an incentive currency for those who keep user files is down 20.5% today.

Check out the performance of major cryptocurrencies as of 7am:

cryptocurrency Price Change in the last 24 hours
bitcoin (BTC) $22,715.42 -2.8%
Ethereum (ETH) $1,570.26 -seven%
Binance Coin (BNB) $276.85 -3.6%
XRP (XRP) $0.368230 -3.1%
Cardoon (ADA) $0.492104 -5.1%

Cryptocurrencies with the biggest gains in the last 24 hours:

cryptocurrency Price Change in the last 24 hours
Celsius network (THE) $1.27 +12.5%
Chili (ZCH) $0.138091 +9.5%
Chrono (CRO) $0.148183 +6.8%
Kava (KAVA) $2.06 +4.8%
gala (GALA) $0.059448 +3.1%

Cryptocurrencies with the biggest drops in the last 24 hours:

cryptocurrency Price Change in the last 24 hours
Filecoin (THREAD) $7.94 -20.5%
EOS (EOS) US$1.17 -12.7%
Lido DAO (LIDO) US$1.92 -12.2%
The graphic (GRT) US$0.115359 -11.7%
Craft (AR) $13.42 -11.7%

See how cryptocurrency ETFs closed in the last trading session:

ETFs Price Variation
NCI Hashdex (HASH11) R$21.12 -4.21%
BTCN Hashdex (BITH11) R$28.05 -5.87%
Ethereum hashdex (ETHE11) R$25.39 -2.34%
DeFi Hashdex (CHALLENGE11) R$26.93 -2.6%
Hashdex FI Smart Contract Platform (WEB311) R$21.80 -0.04%
Bitcoin QR (QBTC11) R$7.42 -3.63%
QR Ether (POLAR11) R$6.10 -5.71%
QR-DeFi (QDFI11) R$5.01 -4.2%
Crypto20 EMPCI (CRPT11) R$6.09 -3.17%
NFTSCI Investment (NFTS11) R$30.08 -11.52%

See the top crypto market news for this Tuesday (2):

Coinbase makes Ethereum staking available to institutional clients

Coinbase has added Ethereum to its list of staking options for US institutional clients, the company said. swap in a statement yesterday.

Staking is the deposit of crypto – in this case ETH – into a smart contract to aid in the network validation process. In exchange, the investor receives a remuneration on the program broadcast in the protocol and the royalties paid by the users.

The product offers a solution for institutions that are watching the explosive growth of the industry with interest but are not always sure how to enter it.

In addition to ETH, the American crypto exchange offers staking for Solana, Polkadot (POINT), Cosmos (ATOM), Tezos (XTZ) and Cell (FOREHEAD).

Crypto funds have a fifth straight week of gains

Cryptocurrency funds closed the fifth straight week of positive net inflows — the last of them with a balance of $81 million — according to a report from CoinShares.

In July alone, crypto funds saw net inflows of $474 million, recouping some of the $481 million in June redemptions.

Bitcoin investment products raised $85 million last week, while Bitcoin short positions, i.e. bets on the asset’s decline, saw redemptions of 2.6 million of dollars.

Altcoin funds, on the other hand, saw mixed movement, with $1.5 million in funding coming from Solana funds (FLOOR) and 700,000 USD redemptions in Cardano funds (ADA). Ethereum, on the other hand, had a positive balance of US$1.1 million.

Binance removes AMP after SEC accuses Crypto of being a security

Binance.US, the North American branch of swap Binance, announced yesterday that it will be deleting the Amp token (GPA) of your trading platform. The withdrawal must take place from August 15.

The cryptocurrency exchange said it made the decision because last week the U.S. Securities and Exchange Commission (SEC) said in a lawsuit against a former Coinbase employee that the crypto asset it is a security.

Binance.US said AMP trading may resume in the future on its platform, but noted that it is “taking this step now until there is more clarity around the ranking” of the asset. digital.

The price of AMP has fallen 7.4% in the past 24 hours, according to data from Coingecko.

Binance announces a token that certifies identity verification

The Binance exchange yesterday announced the Binance Account Bound (BAB), a new non-transferable crypto that proves that the owner of a certain wallet has had the identity verified by the company.

According to the broker, the token BAB could, in the future, also be used as a means of avoiding bots in airdrops or in the emission of NFT.

New is an application of the SoulBound Token (SBT), a new type of non-transferable crypto asset proposed by Vitalik Buterin, creator of Ethereum, along with E. Glen Weyl and Puja Ohlhaver, earlier this year.

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