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First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally
First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally

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.

Coindesk·2023/07/19 01:30
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K

Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.

Coindesk·2023/07/18 21:48
Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?
Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?

Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.

Coindesk·2023/07/18 18:19
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers

Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.

Coindesk·2023/07/18 14:52
First Mover Americas: Reddit Community’s MOON Tokens Soar
First Mover Americas: Reddit Community’s MOON Tokens Soar

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

Coindesk·2023/07/18 12:58
Reddit Community Tokens Rocket as Rule Change Speculation Boosts MOON, BRICK
Reddit Community Tokens Rocket as Rule Change Speculation Boosts MOON, BRICK

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.

Coindesk·2023/07/18 07:46
Leading projects on Optimism
VIPLeading projects on Optimism

Bitget·2023/07/18 06:00
Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN
Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.

Coindesk·2023/07/18 01:58
First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low
First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low

PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.

Coindesk·2023/07/18 00:34
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals

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.

Coindesk·2023/07/17 20:09
Flash
  • 12:13
    1confirmation Founder: Fully Committed to Supporting ETH, Corporate ETH Treasury Adoption Is a Positive Development
    According 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.”
  • 12:01
    Bank of America: Emerging Market Bond Funds See 11 Consecutive Weeks of Inflows
    According 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.
  • 11:22
    Cambodia Announces Agreement with the United States on Tariff Negotiations
    According 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)
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