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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.
VIPLeading projects on Optimism
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.
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.
- 09:23A high-profit Meme player's address bought 6.71 million pippins 19 hours agoAccording to Lookonchian monitoring, a Meme player address with high profits spent $1.52 million to buy 6.71 million pippins 19 hours ago, and currently has a floating profit of $570,000. It is reported that the address had previously bought WIF at a market value of 58 million and eventually made $7.5 million; and bought PNUT at a market value of $460 million and eventually made $1.2 million.
- 09:22PIPPIN's market value briefly exceeded US$290 million, setting a new record high, with a 24-hour increase of 84.5%On January 11, according to GMGN market data, PIPPIN's market value briefly exceeded US$290 million, setting a record high. It is now reported at US$272 million, a 24-hour increase of 84.5%, and a 24-hour trading volume of US$106 million.
- 09:21Pippin's market value briefly exceeded $100 million, with a 24-hour increase of 140.3%According to Foresight News, according to GMGN market data, the market value of pippin briefly exceeded 100 million US dollars, and has now fallen back to 94.5 million US dollars. The price is currently reported at 0.094 USDT, with a 24-hour increase of 140.3%.