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The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
A federal judge on Thursday ruled he sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
The latest price moves in crypto markets in context for July 13, 2023.
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
- 22:16Anthropic launches the more powerful AI model Opus 4.1 ahead of competitorsAccording to Jinse Finance, as OpenAI prepares to launch its highly anticipated GPT-5, Anthropic is set to release its most powerful AI model, Opus 4.1, on Tuesday. The company states that Opus 4.1 offers enhanced capabilities in programming, research, and data analysis, and performs better when handling complex multi-step problems, making it more adept at intelligent agent tasks. This update marks a strategic shift for the company, as it now places greater emphasis on incremental improvements to coding models alongside major model releases. Anthropic’s Chief Product Officer, Mike Krieger, said, “In the past, we focused too much on releasing major upgrades. Now, we are more committed to continuously improving the model in all aspects—whether it’s programming, reasoning, or autonomous task execution.”
- 22:16Bank of America CEO: The Federal Reserve Will Cut Interest Rates in 2026According to a report by Jinse Finance, Bank of America CEO Brian Moynihan stated: Our economists do not expect a recession. The U.S. economy is projected to grow by about 1% to 1.5% this year. He believes the Federal Reserve will not cut interest rates this year, as it will take longer for inflation to subside. He expects the Fed to lower rates in 2026.
- 22:15There is a 92.4% probability that the Federal Reserve will cut interest rates in SeptemberAccording to CME "FedWatch" reported by Jinse Finance, there is a 7.6% probability that the Federal Reserve will keep interest rates unchanged in September, and a 92.4% probability of a 25 basis point rate cut. For October, there is a 2.7% probability that rates will remain unchanged, a 38% probability of a cumulative 25 basis point rate cut, and a 59.2% probability of a cumulative 50 basis point rate cut.