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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.
Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory
Ripple's XRP was down 25% from its highest levels on Thursday.
The fight for regulatory clarity isn’t over yet, however, as the SEC will likely appeal the decision and continue to pursue similar cases in the future, analysts wrote.
- 00:02KPMG: Artificial Intelligence Has Become the Strategic High Ground in Global Tech CompetitionAccording to Jinse Finance, the 2025 World Artificial Intelligence Conference and High-level Meeting on Global AI Governance was held. Liu Jiangang, Partner-in-Charge of Consulting Services, Chief Technology Officer, and Head of Innovation at KPMG China, attended the event. He believes that artificial intelligence has become the strategic high ground in global technological competition and is a key driving force for China to promote industrial upgrading and high-quality economic development. For enterprises, AI not only disrupts traditional operating models and breaks down industry boundaries, but also gives rise to entirely new business logic and competitive paradigms. Artificial intelligence has become a crucial force for companies to stand out in fierce market competition. (Beijing News)
- 2025/07/26 22:03Bitget Onchain Launches Tokens Including STOOS, XTTA, and DSTOCKForesight News reports that Bitget Onchain has listed MEME tokens STOOS, XTTA, DSTOCK, and Bonkyo from the Solana, Base, and BNB Smart Chain ecosystems. Users can start trading these tokens directly in the Onchain trading section. Bitget Onchain aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can trade popular on-chain assets directly using their Bitget spot accounts (USDT/USDC). Currently, it supports major public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.
- 2025/07/26 22:03Vanuatu State-Owned Enterprise South Pacific Digital Technology Establishes Headquarters in Hong Kong, Intends to Apply for Stablecoin Issuer LicenseForesight News reports, citing Hong Kong Wen Wei Po, that the Republic of Vanuatu, a South Pacific nation, held a national resource promotion event in Hong Kong. At the same time, South Pacific Digital Technology Holdings, led by the Vanuatu government as the major shareholder, signed memorandums of understanding on site with JiaMi Technology, Yunzhisheng, Tridens Investment, and a certain exchange corporation. Zeng Xiangyun, Executive Director of South Pacific Digital Technology Holdings, stated that the cooperation with the four technology companies aims to develop the Web3 sector, including digital assets, cryptocurrency trading platforms, payment technology, and artificial intelligence. The company is also considering applying for a stablecoin issuer license after Hong Kong’s Stablecoin Regulation comes into effect on August 1, with application scenarios involving payments and trade.