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The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred
The latest price moves in crypto markets in context for July 20, 2023.
The share of bitcoin trade volume on Japanese exchanges rose from 69% to 80% in the first six months of the year, data tracked by Kaiko show.
The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
A lot can be learned from the listing of the first Gold ETF, but looking to the past also comes with some caveats.
We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.
PLUS: Ripple's partial victory last week in its ongoing legal feud with the Securities and Exchange Commission left important questions unsettled for token issuers, a crypto lawyer told CoinDesk TV.
- 00:08The market value of cryptocurrency has fallen to 3.651 trillion US dollars, shrinking by 7.2% in 24 hoursCoinGecko data shows that the overall market value of cryptocurrencies has fallen to 3.651 trillion US dollars, with a 24-hour drop of 7.2%; BTC's market share is 54.5%, and ETH's market share is 12%.
- 00:0792.49 million wallets have claimed 18 billion PENGU airdrops, accounting for 44.4%According to data from flipsidecrypto, 924,900 wallets have claimed 18 billion PENGU airdrops, accounting for 44.4%, with another 22.6 billion yet to be claimed; on average, each wallet receives an allocation of 19,500 PENGU.
- 2024/12/18 23:44Overview of Important Overnight Developments on December 1921:00-7:00 Keywords: Fed rate cut, Powell, Ethena Labs, Avara 1. The Fed cuts rates by 25 basis points; 2. BTC falls below $101,000; 3. Powell: The Fed has no intention of holding Bitcoin; 4. Michael Saylor refuses to comment on whether he met with Trump; 5. Trump family crypto project WLFI partners with Ethena Labs; 6. Powell: It may take another year or two to reach the 2% inflation target; 7. Avara completes a new round of financing of $31 million, led by Lightspeed Faction.