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The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
A federal judge on Thursday ruled he sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
The latest price moves in crypto markets in context for July 13, 2023.
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
- 21:36Over the past 48 hours, whales have accumulated over 20,000 BTCOver the past 48 hours, according to on-chain analyst @ali_charts, whales have accumulated over 20,000 BTC.
- 21:35Analyst: Estimated Overall Leverage Ratio on Trading Platforms Hits a Two-Year HighCrypto analyst @ali_charts released a chart analysis stating that the estimated overall leverage ratio on all cryptocurrency trading platforms has reached a two-year high, indicating that more investors are taking on high leverage risks in derivative trading.
- 21:35The probability of a 25 basis point rate cut by the Federal Reserve in May is 10.4%According to CME FedWatch data, the probability of a 25 basis point rate cut by the Federal Reserve in May is 10.4%, while the probability of remaining unchanged is 89.6%.