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The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data.
Ether posted nominal gains in the past 24 hours alongside the broader market.
ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC.
Stride's native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol's security by several thousand percent.
PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
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.
- 14:47Data: $700 million in TVL on Sonic chainAccording to the data, the TVL on the Sonic chain has reached $700 million, with a 24-hour trading volume of $495 million, a rise of 53.3 per cent.
- 14:45Memhash (MEMHASH) Goes Live on Bitget Pre-Hours MarketplaceBitget launched Memhash (MEMHASH) on the Bitget Pre-Market at 22:00 (UTC+8) today.
- 14:39OPINION: Trump's Plan to Audit Gold Reserves May Drive Money Flows to BTCTrump's move to plan an audit of the US gold reserves at Fort Knox could trigger a sweeping review of gold holdings or drive investors to Bitcoin, according to Fadi Aboualfa, head of research at Copper, The Block reports. If gold ETFs fail to validate their full backing, they could trade at a discount, triggering a global liquidity drain. Aboualfa points to a potential price disconnect between the spot market and unallocated gold ETFs as delivery delays increase as US banks move gold from London to New York. Given that the paper gold market is 133 times larger than the physical supply, this scenario may trigger a global liquidity disturbance with implications for the bitcoin market.