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Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.
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.
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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.
- 05:44The U.S. Department of Housing is considering using blockchain and stablecoin for payment and monitoring of subsidiesAccording to Cointelegraph, the U.S. Department of Housing is considering using blockchain and stablecoins for payment and monitoring of subsidies. The meeting also discussed the idea of experimenting with using stablecoins to pay recipients from the Department of Housing and Urban Development, which may first be tested in one office within the department before being widely applied in other offices.
- 05:43Linda Xie from Scalar Capital joins the Farcaster team to be in charge of developer ecologyOn March 10th, Linda Xie, co-founder of Scalar Capital, announced on social media that she has officially joined the Farcaster team, a decentralized social protocol, to oversee the development of its ecosystem. Xie expressed her optimism about several aspects of Farcaster including its unrestricted open build environment, friendly community atmosphere, efficient elite team, innovative experiences brought by Frames v2/mini apps, seamless interaction with Warpcast wallet, support for early user acquisition for founders and a friendly environment for AI agents. She also mentioned Warpcast Rewards' reward mechanism for high-quality content.
- 05:41Spanish banking giant BBVA will offer Bitcoin and Ethereum trading and custody services in its home countrySpanish banking giant BBVA will offer Bitcoin and Ethereum trading and custody services in Spain.