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Stride's native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol's security by several thousand percent.
PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
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.
- 16:18Cathie Wood: The Ethereum Foundation Is Advancing Scalability and Privacy in the Right DirectionOdaily Planet Daily reported that Ark Invest founder Cathie Wood stated on X that although she does not understand all the technical details, the initiatives proposed by the Ethereum Foundation regarding scalability and privacy appear to be the right direction to ensure its continued leadership in the institutional sector.Previously, on July 10, the Ethereum Foundation published a blog post announcing plans to fully integrate zero-knowledge proof (zk) technology at the Ethereum L1 layer. This upgrade is expected to bring significant changes in scalability and privacy, which could profoundly impact Ethereum’s future development path.
- 16:06Today's On-Chain Fund Flows: Arbitrum Sees Net Inflow of $10.4 Million, Polygon PoS Records Net Outflow of $18.3 MillionAccording to a report by Jinse Finance, data from Artemis shows that today Arbitrum saw a net inflow of $10.4 million, and Solana had a net inflow of $10.2 million; PolygonPoS experienced a net outflow of $18.3 million, while Ethereum had a net outflow of $5.1 million.
- 16:03Data: 1inch team investment address sells 904,000 1INCH tokens at an average price of $0.33According to ChainCatcher, on-chain analyst Yu Jin has reported that 20 minutes ago, the 1inch team’s investment fund sold 904,000 1INCH tokens on-chain at a price of $0.33 each, exchanging them for 298,000 USDC. Three hours earlier, they had also transferred 2 million USDC to a certain exchange. It is worth monitoring whether they will continue to sell 1INCH tokens withdrawn from the exchange in the near future.