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As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
A federal judge on Thursday ruled he sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
The latest price moves in crypto markets in context for July 13, 2023.
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.
- 11:19According to Cointelegraph, the CEO of Pantera Capital predicts that Bitcoin will reach $745,000According to Cointelegraph, the CEO of Pantera Capital predicts that Bitcoin will reach $745,000.
- 11:15US legislators propose stablecoin bill to strengthen dollar's dominant positionU.S. Representatives French Hill and Bryan Steil have released a discussion draft of a bill that would establish a regulatory framework for stablecoins pegged to the U.S. dollar in the United States. The legislation would impose a two-year ban on issuing "endogenous collateral stablecoins", meaning issuers will be prohibited from creating stablecoins backed by their own digital assets. In addition, it also requires the U.S. Treasury Department to promote research on stablecoins. Before the release of this draft bill, the Trump administration had confirmed plans to regulate stablecoins and introduce them domestically. David Sacks, President Trump's cryptocurrency czar, stated that stablecoins could "expand the dominance of the dollar internationally."
- 11:11A certain whale withdrew 1.7 million UNI from CEX within four daysAccording to Lookonchain monitoring, a certain whale has withdrawn a total of 1.7 million UNI from the CEX exchange in the past 4 days, worth approximately 15.54 million US dollars.