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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.
- 19:04$2.7 Billion Added to the Stablecoin Market in the Past WeekStablecoins increased by $2.7 billion within a week, driving the market size to $257.7 billion. USDT remains the dominant leader, but USDC saw the largest growth. • USDC supply increased by $1.31 billion. • USDT reached $160.15 billion. • Tron’s USDD rose by 19.28%.
- 19:02Analyst: The EU Will Have to Accept a 10% TariffBlockBeats News, July 13 — BCA RESEARCH’s Chief European Strategist Mathieu Savary stated that Trump’s strategy is to make outrageous demands, then let those demands fall through, and subsequently make a renewed effort to secure some last-minute concessions before reaching a trade agreement. “We recall a framework from Trump’s first presidential term, and that’s exactly what is happening now. What is being said at this moment doesn’t matter; what matters is where we ultimately land. It is expected that the EU will eventually ‘have to accept a 10% tariff, but that is something the EU can actually handle.’” Previously, U.S. President Trump announced a 30% tariff on EU goods starting August 1. Three EU officials have stated that Trump’s threat to impose a 30% tariff on EU goods from August 1 is a negotiation tactic.
- 19:02The pump.fun team has transferred funds to the Squads Vault "Token Admin" addressBlockBeats News, July 12 — According to on-chain analyst Ai Yi (@ai_9684xtpa), monitoring shows that the pump.fun project team has transferred funds to the Squads Vault "Token Admin" address. In addition, there are 185 addresses that have contributed a full $1 million; There are 121 addresses that have contributed $500,000 or more; In terms of payment methods, USDC accounts for 97%, while USDT makes up only about 3%.