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The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred
The latest price moves in crypto markets in context for July 20, 2023.
The share of bitcoin trade volume on Japanese exchanges rose from 69% to 80% in the first six months of the year, data tracked by Kaiko show.
The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
A lot can be learned from the listing of the first Gold ETF, but looking to the past also comes with some caveats.
We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.
PLUS: Ripple's partial victory last week in its ongoing legal feud with the Securities and Exchange Commission left important questions unsettled for token issuers, a crypto lawyer told CoinDesk TV.
- 01:0610x Research: Institutional FOMO, DeFi Craze, and Regulatory Benefits Drive Altcoin SurgeAccording to ChainCatcher, as analyzed by the crypto research firm 10x Research, Bitcoin surpassed $95,000, driven by institutional FOMO, the DeFi craze, and regulatory benefits, leading to a surge in altcoins. The cryptocurrency market soared broadly this week amid easing macro risks, record ETF inflows, and a weakening dollar, with Bitcoin crossing $95,000. Altcoins followed strongly, spurred by rising institutional interest, ecosystem growth, DeFi momentum, and positive regulatory signals.
- 01:03Russia Ready to Negotiate with Ukraine Without PreconditionsAccording to the Interfax news agency, Russian President Putin confirmed during a meeting with U.S. envoy Viterkov that Russia is ready to negotiate with Ukraine without preconditions. Russian Presidential Assistant Ushakov revealed that the meeting between Russian President Putin and U.S. Middle East Envoy Wittekov lasted three hours and was constructive. He stated that the meeting discussed the possibility of resuming direct negotiations between Russia and Ukraine.
- 01:03Trump: Russia Has No Reason to Attack Civilians; May Require Financial Sanctions Against PutinApril 27 news, U.S. President Trump stated on social media that Russian President Putin has no reason to launch missiles into civilian areas, cities, and towns, and it may be necessary to deal with him through financial sanctions or secondary sanction measures. In addition, Trump also "blasted" The New York Times, saying: "No matter what kind of agreement I reach on the Russia-Ukraine issue, no matter how good the agreement is, even if it's the best deal ever, the declining New York Times will criticize it. And this stupid war has nothing to do with me; I am just trying to clean up the mess left by Obama and Biden."