Crypto Sell-off To End Soon! 🥹

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRoc5crP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXkwYW8xZTZrYTBkeVcDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Is crypto finally catching a break? After a rough patch, the crypto market might be seeing some positive signs. It's not all sunshine and rainbows yet, but there's reason for cautious optimism. Germany's been selling off Bitcoin like there's no tomorrow, and even the cool inflation data couldn't give BTC its usual boost. But here's a thing - a new report suggests Germany's Bitcoin reserves are nearly tapped out. So, why does it matter? Both the German selloff and the Mt. Gox repayment process have been pushing crypto prices down lately. A lot. A pause on one of these factors may give Bitcoin just enough room to get some stability. Let’s discuss this event in detail and all the other big stories that happened in crypto in the past 24 hours. Here is a quick rundown of the top headlines: - Germany's Bitcoin selloff is winding down. They're down to their last 4,925 BTC. So Bitcoin will [finally have](~/AAQRxQA~/RgRoc5crP0RxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZ2VybWFueS1uZWFycy1lbmQtb2YtbWFzc2l2ZS1kb2xsYXIyOGItYml0Y29pbi1zZWxsb2ZmP2xpZD1vaXJqMTlvemlqMXpXA3NwY0IKZo4rEpFmU9FSQlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) enough room to go up? 💰 - Inflation's cooling off, but Bitcoin isn't going up. [What’s](~/AAQRxQA~/RgRoc5crP0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaW5mbGF0aW9uLXNsb3dzLWZvci1mb3VydGgtY29uc2VjdXRpdmUtbW9udGgtYml0Y29pbi1yZXZlcnNlcy1nYWlucz9saWQ9Z20wdGR0ajlpZmcwVwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) going on? 🤔 - DeFi platforms are dealing with some domain registry attacks. [Which DeFi platforms](~/AAQRxQA~/RgRoc5crP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZGVmaS1hcHBzLWZyb250ZW5kLXRhcmdldGVkLWluLWRvbWFpbi1yZWdpc3RyeS1hdHRhY2stb24tc3F1YXJlc3BhY2U_bGlkPW9razlqanhweHBhc1cDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) lost funds due to this hack? 🚨 - SEC decides to leave Paxos alone. So, we can [trade BUSD](~/AAQRxQA~/RgRoc5crP0RnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc2VjLWRlY2lkZXMtdG8tZHJvcC1pbnZlc3RpZ2F0aW9uLWludG8tcGF4b3M_bGlkPXQzaDAwN29xNHhkblcDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) on exchanges freely? 😮‍💨 - Coinbase rolls out a new web app for their wallet. Has this app been [launched](~/AAQRxQA~/RgRoc5crP0RyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UtbGF1bmNoZXMtd2FsbGV0LXdlYi1hcHAtZm9yLWV2ZXJ5dGhpbmctb25jaGFpbj9saWQ9bW5rbDBuYXk2cWI2VwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) already? 🛠️ Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.11T ▼2.25% (24h) 24H MARKET VOLUME $68.62B ▲16.46% (24h) BITCOIN’S DOMINANCE 53.48% ▼0.04% (24h) FEAR & GREED INDEX 40 Fear [Bitcoin] Bitcoin $57,103.89 ▼2.36% (24h) [Ethereum] Ethereum $3,066.32 ▼2.47% (24h) [BNB] BNB $520.2 ▼2.67% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoc5crP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTVpaWtyaXd6dDVpNVcDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoc5crP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9am11YmZocThiZTV0VwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoc5crP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD01ZGhldTV2M3c0YmNXA3NwY0IKZo4rEpFmU9FSQlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoc5crP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPTgxZnF2OTZoYjl1ZFcDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 12 Jul 2024 11:20 UTC TOP GAINERS 24H% [DOGO] [DOGO](~/AAQRxQA~/RgRoc5crP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲1384.98% [Xover] [Xover](~/AAQRxQA~/RgRoc5crP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3hvdmVyL1cDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲985.09% [ALL BEST ICO] [ALL BEST ICO](~/AAQRxQA~/RgRoc5crP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FsbC1iZXN0LWljby9XA3NwY0IKZo4rEpFmU9FSQlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲535.77% TOP LOSERS 24H% [Wegie] [Wegie](~/AAQRxQA~/RgRoc5crP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3dlZ2llL1cDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼91.91% [Barron Trump] [Barron Trump](~/AAQRxQA~/RgRoc5crP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JhcnJvbi10cnVtcC9XA3NwY0IKZo4rEpFmU9FSQlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼90.26% [LOAF CAT] [LOAF CAT](~/AAQRxQA~/RgRoc5crP0QuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2xvYWYtY2F0L1cDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼84.34%   Germany's Great Bitcoin Selloff to End Soon! Germany's grand Bitcoin liquidation is winding down. After weeks of distributing the crypto market, the German government is finally running low on its crypto reserves. Most of the 50,000 BTC stash seized from the Movie2k piracy site has now been emptied. Since June 20, Germany's been spreading Bitcoins across exchanges like Kraken, Coinbase, and Bitstamp. They even directed some to Cumberland and a few mysterious "institutional trading desks." As of today, Germany's Bitcoin holdings are down to 4,925 BTC. That's about $284 million - practically pocket change in government terms. The selloff started slow but really picked up steam last week. On Monday alone, they offloaded $900 million worth of Bitcoin. So will Bitcoin finally have enough room to go up? [Read the full story](~/AAQRxQA~/RgRoc5crP0RxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZ2VybWFueS1uZWFycy1lbmQtb2YtbWFzc2l2ZS1kb2xsYXIyOGItYml0Y29pbi1zZWxsb2ZmP2xpZD16Mm9tYmg1bzhpcDdXA3NwY0IKZo4rEpFmU9FSQlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   Inflation Cools, Bitcoin Teases The latest inflation numbers are in, and it looks like the economic temperature is finally dropping. The Consumer Price Index rose by 3.0% over the past year, coming in just under the expected 3.1%. It's the fourth straight month of slowdown, giving the Federal Reserve something to smile about. On a month-to-month basis, we actually saw a 0.1% decrease in June - the first monthly dip since May 2020. But shouldn’t this cooldown give Bitcoin a break (aka a push in the upward direction)? What’s going on? [Read the full story](~/AAQRxQA~/RgRoc5crP0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaW5mbGF0aW9uLXNsb3dzLWZvci1mb3VydGgtY29uc2VjdXRpdmUtbW9udGgtYml0Y29pbi1yZXZlcnNlcy1nYWlucz9saWQ9cXIwMWoydWM1bnI0VwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   DeFi's Domain Dilemma The DeFi world just can't catch a break. On July 11, several DeFi apps found themselves in the middle of a domain registry attack. The culprit? Apparently, it's targeting domains hosted by Squarespace. Compound Finance took the first hit, with its interface redirecting users to a malicious site. This site was armed with a token-draining app, ready to lighten unsuspecting users' wallets. Celer Network dodged a bullet, thanks to its vigilant domain monitoring system. They caught the attempted takeover quickly. Blockaid sounded the alarm, warning that "multiple DeFi front ends are at risk of hijacking." Which other DeFi platforms lost funds due to this hack? [Read the full story](~/AAQRxQA~/RgRoc5crP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZGVmaS1hcHBzLWZyb250ZW5kLXRhcmdldGVkLWluLWRvbWFpbi1yZWdpc3RyeS1hdHRhY2stb24tc3F1YXJlc3BhY2U_bGlkPWltbjlvcWgxd25palcDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   [CoinMarketCap Application Tutorial - The Ultimate Guide 2024](~/AAQRxQA~/RgRoc5crP0Q8aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj0yWUd3NmktdGs5WSZsaWQ9bmN1OGh1enVtbXg4VwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) CoinMarketCap Application Tutorial The Ultimate Guide 2024 [Watch Now](~/AAQRxQA~/RgRoc5crP0Q8aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj0yWUd3NmktdGs5WSZsaWQ9bnI0cW42MnFwMGU4VwNzcGNCCmaOKxKRZlPRUkJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   SEC Calls Off Paxos Investigation SEC has finally decided to put away its regulatory hunting gear when it comes to Paxos. Jorge Tenreiro, the SEC's crypto and cyber unit chief, delivered the good news: no enforcement action against Paxos over the BUSD token. So we can now trade BUSD on exchanges freely? [Read the full story](~/AAQRxQA~/RgRoc5crP0RnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc2VjLWRlY2lkZXMtdG8tZHJvcC1pbnZlc3RpZ2F0aW9uLWludG8tcGF4b3M_bGlkPXE2MGVtcDM0cGE2OFcDc3BjQgpmjisSkWZT0VJCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Coinbase’s New Platform for All Things Crypto Coinbase is back with another feature - this time rolling out a new web application for their Coinbase Wallet. This new platform isn't just another pretty interface. It's designed to be the "ultimate hub for everything onchain." That means you can manage your tokens, NFTs, and DeFi positions all in one place. Has this app been launched already? 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