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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.
- 05:17Morgan Stanley: AI Could Add $16 Trillion to U.S. Stocks, with 90% of Jobs Potentially ImpactedAccording to ChainCatcher, a recent report from Morgan Stanley states that AI technology is expected to drive a market capitalization increase of 13 to 16 trillion USD for the S&P 500 Index, with a maximum growth rate of 29%. Autonomous decision-making AI and humanoid robots will boost productivity and could impact 90% of existing jobs, prompting workforce upskilling or transformation. The consumer goods, retail, real estate, and transportation sectors are expected to benefit the most.
- 04:21A trader's partial positions were liquidated with total losses of approximately $4.3 million on HyperliquidAccording to a report by Jinse Finance, Lookonchain monitoring shows that due to the market crash, part of trader General Gordon James's positions were liquidated. His total loss on Hyperliquid is approximately $4.3 million. Current holdings: 3,770 ETH (worth $15.8 million), 4,592 SOL (worth $816,000)
- 04:12Data: "Big Brother Ma Ji" Jeffrey Huang's Long Positions Show Unrealized Losses of Nearly $10 MillionChainCatcher reports that, according to monitoring by Lookonchain, due to the market downturn, "Machi Big Brother" Jeffrey Huang has incurred an unrealized loss of nearly $10 million across his long positions in ETH, BTC, HYPE, and PUMP.