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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.
The spike in trading activity came after a partial win in a lawsuit against the SEC.
The trading volume of XRP against the Korean won was the highest among all other counterparts .
- 22:04Wintermute currently holds 17.8 million TAIs and remains active in market-makingOn 25 November, $TAI rose 35% today, according to Spot On Chain, with a cumulative gain of 120% since the citation was issued. On Chain data shows that market maker Wintermute is still active in the $TAI market and holds 17.8 million pieces of $TAI. Additionally, approximately 600 million pieces of $TAI (approximately $95 million) have been transferred between early holders in the last 24 hours. the AI-related trend continues to heat up, with other AI tokens such as $FET and $TAO also up 10 percent each.
- 22:03Justin Sun invests $30 million in Trump crypto project WLFIOn 26 November, Justin Sun, founder of Wavefield, announced in a post that he had ‘invested $30 million in World Liberty Financial (WLFI), making him its largest investor.
- 22:02BTC falls below $94,500The market shows that BTC fell below $94,500 and is now at $94,436.01, down 1.79% in 24 hours, the market fluctuates, please do a good job of risk control.
