Proceeds from the private placing and public sale will be used to pay down debt. Source: https://www.coindesk.com/business/2023/07/19/crypto-miner-argo-blockchain-raises-75m-in-share-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Meanwhile ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC. Source: https://www.coindesk.com/markets/2023/07/19/bitcoin-etps-have-record-breaking-monthly-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stride’s native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol’s security by several thousand percent. Source: https://www.coindesk.com/markets/2023/07/19/stride-blockchain-will-move-to-atom-powered-security-model/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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 …

Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, a FalconX analyst said. Source: https://www.coindesk.com/markets/2023/07/18/xrps-60-weekly-gain-defies-broader-crypto-slump-as-bitcoin-stalls-below-30k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state …

To scale, DeFi platforms need to attract institutions keen to trade tokenized bonds, equities, and debt, and physical assets such as gold, real estate and art, says Enrico Rubboli …

Source: https://www.coindesk.com/consensus-magazine/2023/07/18/ben-mckenzie-the-hollywood-hypocrite-crypto-critic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

he crypto-focused firm has also cut three members of its research and development staff. Source: https://www.coindesk.com/business/2023/07/18/crypto-vc-firm-polychain-capital-raises-200m-for-fourth-fund-fortune/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said. Source: https://www.coindesk.com/policy/2023/07/18/ripple-court-ruling-unlikely-to-impact-celsius-wind-up-crypto-lenders-counsel-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines