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Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
The latest price moves in crypto markets in context for July 18, 2023.
Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit's tokenized Community Points, one observer said while explaining the price rally.
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The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.
PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.
Ripple's XRP, Solana's SOL and Lido Finance's LDO lost more than 4% in the last 24 hours.
- 13:10CNAD, Former Goldman Partner, and Others Submit Cross-Border Regulatory Sandbox Proposal to U.S. SEC to Promote Regulatory Innovation in the Digital Asset FieldAccording to a memorandum released by the U.S. Securities and Exchange Commission (SEC) Crypto Assets Special Task Force on April 22, 2025, Perkin Law Firm, the National Digital Asset Commission of El Salvador (CNAD), and former Goldman Sachs partner Heather Shemilt submitted a cross-border regulatory sandbox cooperation proposal to the SEC. The aim is to promote regulatory innovation in the digital asset field. The proposal provides the SEC with an opportunity to collaborate with international regulatory bodies, supported by practical data, to formulate and enhance the U.S. digital asset regulatory framework.
- 13:09Bernstein: Investors May Now View Bitcoin More as a Non-Sovereign Store of ValueAccording to a report by DL News, the price of Bitcoin surged above $94,000 on Wednesday, and some analysts believe this indicates a change in how investors value the asset. Gautam Chhugani, an analyst at brokerage firm Bernstein, stated in a report to clients: "In all my time studying cryptocurrencies, this is the best Bitcoin price performance I have witnessed. At times like this, it's hard not to invest in cryptocurrencies. Bitcoin has shown relative resilience during the Nasdaq index decline, and it has rebounded more after the Nasdaq rallied. Investors may now see Bitcoin more as a non-sovereign store of value and as a tool to hedge against geopolitical uncertainties, policy errors, and currency depreciation.
- 12:58Galaxy Collaborates with CoreWeave to Host More AI and High-Performance Computing InfrastructureDigital asset management company Galaxy Digital Holdings announced a partnership with CoreWeave to host more artificial intelligence and high-performance computing infrastructure at the Helios data center campus. As Galaxy shifts its focus to hosting AI and HPC data center infrastructure, it is evaluating several opportunities to monetize its remaining Bitcoin mining ASICs and infrastructure.