News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
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.
Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.
A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.
The latest price moves in crypto markets in context for July 17, 2023.
Funding rates in perpetual futures tied to BNB are most negative in nearly three months.
The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.
Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory
Ripple's XRP was down 25% from its highest levels on Thursday.
- 10:02Glassnode Co-founder: Bitcoin faces potential trend of falling before rising in volatility driven by CPIGlassnode co-founders Yann Allemann and Jan Happel reported through their X account Negentropic, "Today's release of the U.S. Consumer Price Index (CPI) will bring volatility to the market. The value is expected to be higher, but any surprises could trigger market turbulence. Bitcoin is currently hovering around $95,000, but it may drop to the range of $94,000 to $92,000 to absorb liquidity. If this trend holds true, a bullish reversal could potentially bring Bitcoin back into the range of $97,000 to $98,500 - a key area that must be reclaimed before advancing towards the target of $100,000."
- 09:36The account of the founder of Semler Scientific, X, is suspected to have been stolen. A post was made announcing the launch of SMLR tokensThe founder of Semler Scientific, a U.S. listed company, Eric Semler announced on platform X that he has launched the SMLR token on the Solana chain, which shares the same name as its stock code SMLR. However, some netizens in the comments section of the related post suspect that his X account has been hacked. Recently, many well-known people's X accounts have been hacked and used to promote malicious Meme coins. Users are advised to be discerning.
- 09:34Since the TGE, public chains like Starknet have experienced a significant decline, while Hyperliquid has risen by 1100%According to statistics from Messari researcher MONK, since the Token Generation Event (TGE), the token prices of multiple public chain projects have shown significant differentiation: Starknet has fallen by 87%, Mode by 70%, Blast by 85%, zksync by 47%, Scroll by 50%, Dymension by 87% and Berachain by 59%. In contrast, Hyperliquid has risen against the trend with an increase of 1100%. Furthermore, between January and April this year, it is estimated that $17 billion worth of tokens will be unlocked in the market. The recent amount cleared for long positions is close to $10 billion.