Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
50% in 24 hours after it was listed on the crypto exchange Binance as an emerging project under the"seed" tag.
"ORDI is a relatively new token that poses a higher-than-normal risk, and as such will likely be subject to high price volatility," Binance said in a Tuesday announcement."Please ensure that you exercise sufficient risk management, have done your own research in regard to ORDI’s fundamentals, and fully understand the project before opting to trade the token.
Investment vehicles holding cryptocurrencies saw $261 million of net inflows last week, recording six consecutive weeks of positive influx totaling $767 million, according to CoinShares data."This run of inflows now matches the July 2023 run of inflows and is the largest since the end of the bull market in December 2021," CoinShares head of research James Butterfill noted.Bitcoin has doubled in value this year amid weak liquidity conditions.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
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