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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.

Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.

The latest price moves in crypto markets in context for July 18, 2023.

Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit's tokenized Community Points, one observer said while explaining the price rally.


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.
- 12:131confirmation Founder: Fully Committed to Supporting ETH, Corporate ETH Treasury Adoption Is a Positive DevelopmentAccording to Jinse Finance, Nick Tomaino, founder of 1confirmation, stated on the X platform that 1confirmation fully supports ETH, as without Ethereum, the crypto industry cannot continue to develop. The values of credible neutrality, open source, and permissionless innovation must be spread. Currently, the crypto industry is focused on VC chains and corporate crypto treasuries. Although this trend is not closely aligned with Ethereum’s values, it does not mean it is negative; it could be a good thing for companies to establish ETH treasuries. As crypto pioneer Hal Finney said 33 years ago, “Computers should be used as tools to liberate and protect people, not to control them.”
- 12:01Bank of America: Emerging Market Bond Funds See 11 Consecutive Weeks of InflowsAccording to a report by Jinse Finance, Bank of America cited EPFR Global data showing that in the week of July 2, emerging market debt funds saw an inflow of $3.1 billion, marking the 11th consecutive week of inflows. During the same period, emerging market equity funds experienced an outflow of $500 million, with a cumulative inflow of $7.8 billion so far in 2025, and Brazil received an inflow of $915 million.
- 11:22Cambodia Announces Agreement with the United States on Tariff NegotiationsAccording to Jinse Finance, on July 4, the Cambodian government announced that it had discussed and reached a consensus with the United States on a joint statement within the framework of a trade agreement concerning reciprocal tariffs. Details such as tariff rates have not yet been disclosed. The Cambodian side revealed that on the morning of the 4th, Cambodian Deputy Prime Minister Sun Chanthol and Sarah Ellerman, Assistant U.S. Trade Representative for Southeast Asia and the Pacific, held online consultations. The joint statement will be released soon. In April, U.S. President Trump proposed a 49% reciprocal tariff rate to Cambodia, the highest in Southeast Asia. Cambodia has a high proportion of exports to the U.S. in sectors such as apparel. If the planned tariffs are imposed, it will have a serious impact on the employment environment and other areas. (Nikkei News)