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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.
- 14:22Eric Trump: Stablecoins Will Save the Dollar, USD1 Has Attracted Close Attention from WashingtonAccording to Jinse Finance, in an interview with the New York Post published on Friday, Eric Trump, son of U.S. President Donald Trump, stated that he believes stablecoins will "save the dollar." He specifically mentioned the stablecoin USD1 associated with World Liberty Financial, a project that has attracted close attention in Washington.
- 14:18Data: A whale lost over $1.2 million by shorting BTC and XRPChainCatcher news, according to monitoring by Lookonchain, whale @qwatio created a new wallet (0x9018) and deposited 4.22 million USDC into Hyperliquid. This gambler shorted 1,366.67 BTC (worth 150 million USD) with 40x leverage, and shorted 2.78 million XRP (worth 7.7 million USD) with 20x leverage, resulting in a loss of over 1.2 million USD. BTC liquidation price: 110,280 USD; XRP liquidation price: 3.0665 USD.
- 14:07150 million USDT transferred from Aave to an unknown walletAccording to Jinse Finance, Whale Alert has monitored that 150 million USDT (worth 150.184875 million USD) were transferred from Aave to an unknown wallet.