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The latest price moves in crypto markets in context for July 17, 2023.

Funding rates in perpetual futures tied to BNB are most negative in nearly three months.

The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.
Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory

Ripple's XRP was down 25% from its highest levels on Thursday.
The fight for regulatory clarity isn’t over yet, however, as the SEC will likely appeal the decision and continue to pursue similar cases in the future, analysts wrote.
The spike in trading activity came after a partial win in a lawsuit against the SEC.
The trading volume of XRP against the Korean won was the highest among all other counterparts .

Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak.

The latest price moves in crypto markets in context for July 14, 2023.
- 2025/03/30 23:52WSJ: Trump's team is weighing a broader, higher tariff policyMarch 31 news, according to The Wall Street Journal, the Trump team is discussing implementing broader and higher tariffs before the deadline, including possibly imposing up to 20% comprehensive tariffs on all trade partners.
- 2025/03/30 23:52Goldman Sachs raises the probability of US economic recession and expectations for tariff ratesGoldman Sachs significantly raised its expectations for U.S. tariffs in 2025 in a research report released early today, warning that escalating trade tensions could severely impact economic growth, inflation and employment. The bank now expects the average U.S. tariff rate to rise by 15 percentage points in 2025, higher than the previous baseline of 10 percentage points. The main reason for the increase is that it is expected that Trump will announce on April 2nd a comprehensive "reciprocal tariff" which will impose an average tariff of 15% on all US trading partners; the average actual impact of tariffs is expected to increase by nine percentage points. Goldman Sachs has increased its forecast for core PCE inflation at the end of 2025 in the United States by half a percentage point to 3.5%, due to rising import costs affecting inflation. GDP growth rate for Q4 is expected to slow down to one percent, down half a percentage point from previous forecasts; unemployment rate is projected to climb up to four and a half percent by year-end. Goldman Sachs has raised the probability of an economic recession within twelve months in America up to thirty-five percent because consumer and business sentiment are weak and there are signs indicating policymakers may be more willing accept short-term economic pain while pursuing broader policy goals as real income growth has already slowed down; economy might be entering into a more vulnerable phase where sentiment and policy risks weigh heavier on economy than recent years.
- 2025/03/30 23:51Movement United Creation responds to token deposits in CEX: Transactions related to institutional products will not be sold or transferredIn response to the encrypted KOL Ice Frog's questioning of Movement Labs depositing 17.15 million MOVE into CEX, Rushi, the co-founder of Movement, stated in the comments section that this is a transaction for institutional products (such as ETP / ETF) and corresponding loans that are about to be launched by institutions. It will not be sold or transferred.