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XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.
Several Layer 1 tokens are soaring as SEC cases are called into question after a favorable XRP ruling.
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
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.
- 21:15Pacific Droplet Digital Asset Quantitative Fund: Recommends that all encrypted assets be entrusted to third-party licensed institutionsThe Pacific Droplet Digital Asset Quantitative Fund suggests that the industry adopt a more compliant and secure solution to avoid serious threats to asset security from similar hacking incidents. The specific plan is for its transactions to be conducted on leading trading platforms, but all encrypted assets are held by third-party licensed institutions, achieving institutional-level secure custody. The fund's trading platform account and the custodial institution use an asset mapping mechanism, ensuring the safety of fund assets even in the worst-case scenario on the trading platform. This crisis has had no impact on the operation of the fund.
- 21:07Report: 95% of Latin American Cryptocurrency Users Plan to Increase Holdings by 2025A survey conducted by the research department of a cryptocurrency exchange on over 10,000 investors in Argentina, Brazil, Colombia and Mexico shows that the vast majority of Latin American cryptocurrency users - 95% plan to increase their holdings by 2025. The survey results show that 40.1% of respondents expect to buy more cryptocurrencies within the next three months, 15.3% expect to buy within the next six months, and 39.7% expect to buy within twelve months. Only 4.9% do not have plans to continue investing this year. The report cites a study from payment company Triple-A stating that by 2024, Latin America's adoption rate for cryptocurrencies will lead globally with an increase of 116%. This region currently has about fifty-five million cryptocurrency users which is nearly ten percent of total global crypto users.
- 19:23U.S. Senator Rand Paul calls for a comprehensive audit of the gold reserves at the U.S. MintU.S. Senator Rand Paul calls for a comprehensive audit of the gold reserves at the U.S. Mint, including physical inspections. He also requests that he and his staff personally inspect Fort Knox and other vaults.