BlackRock’s recent application to start a Bitcoin ETF has raised hopes that the SEC would soon approve an instrument seen as key to crypto’s growth. But a range of …

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. Source: https://www.coindesk.com/markets/2023/07/17/crypto-catalysts-investors-to-weigh-jobs-retail-sales-production-data-for-latest-inflation-signals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler said Monday he was disappointed with the court’s decision in a part of the Ripple case. Source: https://www.coindesk.com/policy/2023/07/17/secs-gensler-disappointed-by-part-of-ripples-xrp-judgement-still-assessing-opinion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange. Source: https://www.coindesk.com/markets/2023/07/17/barclays-joins-wall-street-analysts-calling-xrp-ruling-positive-for-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Artificial intelligence “may heighten financial fragility as it could promote herding,” the regulator said in a speech Source: https://www.coindesk.com/policy/2023/07/17/secs-gensler-says-ai-could-play-big-role-in-future-financial-crises/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients’ money in Sam Bankman-Fried’s companies, a scathing new report claims. Source: https://www.coindesk.com/policy/2023/07/17/blockfi-bet-big-on-ftx-and-alameda-even-after-seeing-infamous-balance-sheet-creditors-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July. Source: https://www.coindesk.com/markets/2023/07/17/bankrupt-celsius-sends-59m-in-matic-link-aave-and-other-altcoins-to-falconx-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The effort will accelerate the deployment of zero-knowledge proofs, one of the hottest trends in blockchain technology, they said. Source: https://www.coindesk.com/tech/2023/07/17/nil-foundation-and-semiconductor-startup-partner-to-collaborate-on-zk-proofs-software-hardware/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk …