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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.
The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.
- 07:59BTC falls below $102,000Market data shows that BTC has fallen below $102,000, currently reported at $101,973.69, with a 24-hour decline of 1.44%. The market is highly volatile, so please ensure proper risk management.
- 07:58SOL falls below $170Market data shows that SOL has fallen below $170, currently reported at $169.98, with a 24-hour decline of 6.35%. The market is highly volatile, so please ensure proper risk management.
- 07:58NXPC opened at $3.29, now quoted at $3.0566The market shows that NXPC opened at $3.29 and is currently quoted at $3.0566. The market is highly volatile, so please ensure proper risk management.