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Markets
Ether Breaks $1.6K on Merge Hype, Crypto Funds Price in July Rate Hike
QCP Capital expects the Fed will raise rates by 75 basis points next week.

Synthetix's SNX Rises 14% on Liquidity Deal Renewal With Jump Crypto
Synthetix has traded over $2.8 billion worth of on-chain assets following its launch of atomic swaps earlier this year.

Citi Says Crypto Contagion Appears to Have Ceased
Stablecoin outflows have been stemmed and outflows from ETFs have also stabilized, the report said.

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price
Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Zipmex Confirms Loans Worth $53M to Babel and Celsius
CoinDesk reported Wednesday that the exchange's financial difficulties link back to crypto lender Babel Finance.

JPMorgan Sees Crypto Retail Demand Improving, End of 'Intense' Deleveraging Phase
Improved investor sentiment and increased demand ahead of the Ethereum Merge has sparked a market recovery, according to the bank.

Bitcoin Slips Below $23K Ahead of ECB Rate Decision
The central bank is likely to signal an exit from its negative interest rate policy.

Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average
Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.

Zipmex a Victim of Crypto Contagion as Concerns Grow Over Babel Loan: Sources
The exchange suspended client withdrawals early Wednesday amid rumors of financial troubles.
