XRP Ledger has fewer active accounts than last year, but bigger trades and more value
Daily order-book traders fell about 40% from a year ago while volume rose 79%, as the value held on XRPL climbed above $4 billion.
Trades
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The U.S. Commodity Futures Trading Commission threw itself in between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order to disallow the company from meeting a local court demand that it cancel previous customer transactions. The CFTC move amplifies its legal fight… Read More
Bitcoin Cash (BCH) gains 1.5% as index trades flat
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1911.41, up 0.1% (+2.45) since 4 p.m. ET on Monday. Thirteen of 20 assets is trading higher. Leaders: NEAR… Read More
Polkadot (DOT) drops 2.3% as index trades lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2044.07, down 0.2% (-3.83) since 4 p.m. ET on Monday. Ten of 20 assets are trading higher. Leaders: APT… Read More
Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades
The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps. The White House was expected to… Read More
Bitcoin is still a great way to diversify portfolio even if it trades like a tech stock, analyst says
Bitcoin’s BTC$66,834.80 recent tendency to move in step with U.S. equities does not erase its value as a portfolio diversifier. That’s according to financial services and infrastructure firm NYDIG. In a weekly market note, Greg Cipolaro, the company’s global head of research, said correlations between… Read More