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While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story
The Tesla CEO and Twitter owner has been known on occasion to playfully talk about his fondness for the memecoin.
The latest price moves in crypto markets in context for July 19, 2023.
The burned tokens are now permanently destroyed, which makes circulating tokens more valuable if demand increases.
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data.
Ether posted nominal gains in the past 24 hours alongside the broader market.
ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC.
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.
- 00:41The USDC Treasury minted 250 million USDC on Solana in the early morningAccording to the on-chain data tracking service Whale Alert, at 2:33 (UTC+8), USDC Treasury minted 250 million USDC on the Solana blockchain.
- 00:39Tether CEO: Tether is helping to ensure the security of U.S. debtTether CEO Paolo Ardoino stated on social media that Tether is "helping to secure US debt". Currently, most of the reserves issued by Tether (USDT) are backed by US Treasury bonds. The market generally believes that the scale of its treasury holdings has reached tens of billions of dollars, making it one of the important buyers of short-term US Treasury bonds.
- 00:36The Republican-controlled House of Representatives blocks Congress from challenging Trump's tariff policyThe Republican-controlled House of Representatives in the United States voted on Tuesday to prevent Congress from quickly challenging tariffs imposed by President Trump that have shaken financial markets. The vote on Tuesday effectively thwarted efforts led by Democratic Representative Suzan DelBene of Washington State to challenge Trump's tariffs on Canada and Mexico. This provision was inserted into a procedural vote for the Republicans' six-month temporary appropriations bill. DelBene had sought a forced vote under the National Emergencies Act, which gives the president special powers in emergencies, and which Trump cited in his tariff actions. The law also allows the House to force a vote within 15 days to revoke the president's emergency powers. The Senate must also pass a resolution for it to take effect. However, Tuesday's voting adjusted how the House calculates remaining calendar days until 2025, effectively blocking such votes this year.