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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 .
Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak.
The latest price moves in crypto markets in context for July 14, 2023.
The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.
Several Layer 1 tokens are soaring as SEC cases are called into question after a favorable XRP ruling.
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
- 05:18Data: The Shanghai Composite Index Surpasses 3,800 Points, Reaching a New 10-Year HighAccording to ChainCatcher, citing Jintou Data, the Shanghai Composite Index rose 0.77% in the afternoon, surpassing 3,800 points and reaching a new high in nearly 10 years. The index has gained nearly 450 points this year, an increase of over 13%. Sectors such as AI chips, minor metals, education, computing power, rare earth permanent magnets, and PCB led the gains, while fertilizers, textiles and apparel, mining, banking, and agriculture saw pullbacks. Approximately 2,100 stocks rose across the market, while 3,100 stocks declined, with a net inflow of about 1.2 billion yuan in main funds.
- 05:07Data: Over 32% of Bitcoin Is Mined by Publicly Listed Mining CompaniesAccording to a report by Jinse Finance, the latest Q2 production data shows that listed and soon-to-be-listed mining companies are consolidating their share of Bitcoin output. The combined market share of these 18 companies increased from 21.1% in the same period last year to 32.5% in the second quarter. However, this growth is not evenly distributed. The overall rise in market share is not universal, but is mainly driven by MARA, Cango, IRE, and CleanSpark, which have significantly increased their computing power, offsetting the losses from miners who have shifted to HPC or whose growth has stagnated.
- 04:48Nvidia has instructed companies including South Korea's Samsung Electronics and US-based Amkor Technology to halt production related to the H20 chipTechnology media outlet The Information, citing sources familiar with the matter, has reported that Nvidia has instructed key component suppliers, including South Korea’s Samsung Electronics and US-based Amkor Technology, to halt production related to the H20 chip. It is understood that Amkor Technology is responsible for packaging the chip, while Samsung Electronics supplies the high-bandwidth memory chips. This news has already been picked up by major outlets such as Reuters and Bloomberg, but Nvidia, Samsung Electronics, and Amkor Technology have all declined to comment on the matter.