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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.
- 15:19BTC Surpasses $104,000Market data shows that BTC has surpassed $104,000, currently reported at $104,003.52, with a 24-hour increase of 0.46%. The market is quite volatile, so please ensure proper risk management.
- 15:16Casa Co-Founder: The only way to slow down Strategy's accumulation of BTC is for other entities to adopt the same strategy and push it out of the marketJameson Lopp, co-founder of Bitcoin custody company Casa, stated on the X platform that the only way to slow down Strategy's accumulation of Bitcoin is to encourage other entities to adopt the same strategy and push it out of the market. Similarly, the only way to slow down "junk information" within Bitcoin blocks is to encourage more independent use of Bitcoin to increase the price of block space and exclude low-value use cases.
- 15:15Important Events and Data Preview for Next Week: US April CPI Data to be Released on TuesdayImportant Events and Data Preview for Next Week: Monday: Speeches by Federal Reserve Governor Kugler and others; Tuesday: U.S. April CPI data; Thursday: U.S. Initial Jobless Claims for the week; U.S. April PPI data; 2027 FOMC voting member, San Francisco Fed President Daly participates in a fireside chat, Federal Reserve Chairman Powell delivers opening remarks at an event, Federal Reserve holds the second Thomas Laubach Research Conference; Friday: U.S. May one-year inflation rate expectation preliminary value; Saturday: Speeches by Federal Reserve's Barkin and Daly. (Jin10)