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The latest price moves in crypto markets in context for July 19, 2023.
The burned tokens are now permanently destroyed, which makes circulating tokens more valuable if demand increases.
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data.
Ether posted nominal gains in the past 24 hours alongside the broader market.
ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC.
Stride's native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol's security by several thousand percent.
PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.
- 17:53White House Press Secretary Levitt: Reciprocal Tariffs Will Take Effect Immediately After AnnouncementWhite House Press Secretary Levitt: Reciprocal Tariffs Will Take Effect Immediately After Announcement
- 17:52PIMCO: Fed expected to cut rates by 50 bps at a time during the yearPacific Investment Management Company (PIMCO) expects the Federal Reserve will cut interest rates by another 50 basis points later this year, and they believe that the Federal Reserve is facing a tricky environment, with the risks of rising inflation and economic slowdown having conflicting effects on the bank's ability to achieve its goal of ‘price stability and full employment’.
- 17:51PumpBTC is open for airdrop collectionOn April 1, PumpBTC officially posted that airdrop enquiries will be open from 6:45 p.m. UTC (2:45 a.m. BST) on April 1, supporting airdrop amount enquiries and on-chain pickups. The airdrop collection period will last until 30 April.