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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.
- 14:46Gavin Wood: Personally, I do not intend to issue new tokens based on the JAM protocolGavin Wood, the founder of Polkadot, responded on the Polkadot forum regarding the issuance of JAM Token, stating: Personally, I do not intend to issue new tokens based on the JAM protocol, nor do I think it would be wise for Parity and the Web3 Foundation to issue such tokens, although the leadership of these organizations can decide for themselves. I generally oppose actions that are unlikely to bring actual net benefits to Polkadot. However, I do continuously explore ideas that may bring long-term value to Polkadot, which sometimes involves new tokens, but these tokens are usually symbiotic with DOT rather than replacing it.
- 14:35US SEC Announces Agenda and Guest Details for June 9 Crypto RoundtableThe U.S. Securities and Exchange Commission (SEC) announced the agenda and guest details for the crypto roundtable on June 9, themed "DeFi and the American Spirit." The meeting will be attended by SEC Chairman Paul S. Atkins, Commissioners Caroline A. Crenshaw, Mark T. Uyeda, and Hester M. Peirce. Participants include Espresso Systems co-founder Jill Gunter, Columbia Business School adjunct professor Omid Malekan, Arktouros pllc co-founder Michael Mosier, and Jito Labs Chief Legal Officer Rebecca Rettig.
- 14:25Spot gold falls below $3,320 per ounce, down 1.00% intradaySpot gold fell below $3,320 per ounce, with a daily decline of 1.00%.