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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.
Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.
A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.
The latest price moves in crypto markets in context for July 17, 2023.
Funding rates in perpetual futures tied to BNB are most negative in nearly three months.
- 08:58Nvidia rises 3.7% pre-market, Meta Platforms rises 6.6% pre-marketAccording to Jinse Finance, Nvidia (NVDA.O) rose 3.7% pre-market, Meta Platforms (META.O) rose 6.6% pre-market, with Q1 revenue exceeding expectations, and Robinhood (HOOD.O) rose 3% pre-market, with Q1 earnings surpassing expectations. (Jin10)
- 08:58Ethena partners with TON to integrate its USDe product into TelegramPANews reported on May 1 that Ethena Labs announced a partnership with the TON blockchain to integrate its USDe product into Telegram, reaching its billion users. The collaboration includes integration with non-custodial TON wallets, custodial wallets within Telegram, and TON DeFi applications. Users can obtain USDe through wallets like TON Space and stake to earn Ethena rewards. The Telegram wallet will offer a USDT Earn feature, allowing users to stake USDT and receive Ethena returns. Ethena will also support the DeFi ecosystem on TON, with plans to launch direct payment integration in the future, supporting cards and Apple Pay.
- 08:58Turbos Launches Limited-Time Event as Sui Basecamp Sponsor with Prize Pool Exceeding 1 Million TURBOS TokensOdaily Planet Daily News: Turbos announced its sponsorship of the Sui Basecamp Dubai event and launched a limited-time reward activity with a total prize pool of over 1 million TURBOS tokens. Users can participate in sharing the rewards through deposits and trading. This event is jointly launched by Turbos in collaboration with protocols such as Walrus, SuiNS, Lombard, and DeepBook, and features on-site sticker exchange points and exclusive merchandise giveaways, open to the Sui Network community users.