CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline

The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements.Source

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.Source

XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.Source

First Mover Americas: BTC Retreats From $60K

The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid

Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid.Source

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.Source

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund

The new fund will target early stage opportunities in AI, blockchain technology, chips and data.Source

Bitcoin Bulls Fail Again, But There Is Still Hope

Bitcoin could not topple a key resistance on Thursday despite positive U.S. inflation report.Source

Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President’s Press Conference (Update)

The president said he plans to stay in the race but “it’s important that I allay fears.”Source