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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.
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
- 16:54South Korean listed company Bitmax increases holdings by 51.06 BTC, total Bitcoin holdings surpass 400Odaily Planet Daily reported that South Korean listed company Bitmax announced on the X platform that it has purchased an additional 51.06 bitcoins, bringing its total holdings to 400.25 BTC. Bitmax continues to be the largest bitcoin holder among South Korean listed companies. The company previously stated that it is raising an additional 5 billion KRW to support further bitcoin acquisitions.
- 16:53Meme Coin Ani Inspired by Grok Humanoid Companion Surpasses $25 Million Market Cap in a Short TimeAccording to ChainCatcher, citing GMGN market data, the market capitalization of the meme coin Ani, inspired by the Grok humanoid companion, briefly surpassed $25 million and is currently reported at $22.98 million, with a 1-hour increase of 44.96%. ChainCatcher reminds users that meme coins have no intrinsic value and are highly volatile; investors should exercise caution.
- 16:24Bitwise Launches Third-Party Proof of Reserves Service for Its Bitcoin and Ethereum Spot ETFsAccording to ChainCatcher, Bitwise has announced the launch of a third-party asset reserve proof transparency service for its spot Bitcoin ETF (BITB) and spot Ethereum ETF (ETHW). This service is provided by The Network Firm, a U.S.-registered accounting firm.