News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
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.
The fight for regulatory clarity isn’t over yet, however, as the SEC will likely appeal the decision and continue to pursue similar cases in the future, analysts wrote.
The spike in trading activity came after a partial win in a lawsuit against the SEC.
The trading volume of XRP against the Korean won was the highest among all other counterparts .
Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak.
The latest price moves in crypto markets in context for July 14, 2023.
- 21:41WTO Director-General: US tariff hikes will have huge impact on global trade and economic growth prospectsWorld Trade Organisation (WTO) Director-General Iweala said on 3 March that the US tariff increase will have a huge impact on global trade and economic growth prospects. Iweala said in a statement on the same day that the WTO is closely monitoring and analysing the tariff measures announced by the United States on the 2nd, and is actively responding to members' questions about the potential impact on their economies and the global trading system.
- 21:01The dollar index fell sharply by 1.67 per cent on 3 daysThe dollar index, which measures the greenback against major currencies, fell 1.67 per cent on the day to close at 102.073 at the end of the currency market, Gold Finance reported.
- 20:56Strategists keep an eye on whether the S&P 500 can hold key pointsFollowing Trump's tariff actions, the S&P 500 is at a key technical point and could face a longer-term decline if it fails to hold it.During the April 3 session, the S&P 500 came to a corrective level near 5,500 points. Technical analysts who look at averages and other indicators to determine market momentum note that there are few points below this key psychological position that could attract buying on the downside. ‘There's a hint of panic in the air,’ said Jay Woods, chief global strategist at Freedom Capital Markets. ‘Trump and Treasury Secretary Besant are trying to sell Americans on this trade war, but the stock market isn't buying it. People are tired of the rhetoric, they don't see what the tariffs are going to do other than potentially plunge the U.S. into a recession, and are now rushing to get their money out of the market.’