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CoinDesk 20 Performance Update: XRP and SOL Outperform as Index Climbs 1.3%

Ripple's XRP gained 3.5%, while Solana's SOL rose 2.6%

By CoinDesk Indices, Tracy Stephens|Edited by Stephen Alpher
Updated Jul 31, 2024, 1:42 p.m. Published Jul 31, 2024, 1:42 p.m.
CoinDesk 20 leaders (CoinDesk Indices)
CoinDesk 20 leaders (CoinDesk Indices)

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 2274.74, up 1.3% (+29.15) since yesterday's close.

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Thirteen of 20 assets are trading higher.

Leaders: XRP (+3.5%) and SOL (+2.6%).

9am CoinDesk 20 Update for 2024-07-31: Leaders

Laggards: BCH (-2.5%) and RNDR (-1.8%).

9am CoinDesk 20 Update for 2024-07-31: laggards

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

CoinDesk 20CoinDesk IndicesIndicesIndexPricecharts

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UK Bitcoin Company Satsuma Sells 579 of Its 1,199 Bitcoin for $53.2 Million

By James Van Straten|Edited by Jamie Crawley
2 minutes ago
UK Parliament Building and Big Ben, London, England (Ugur Akdemir/Unsplash, modified by CoinDesk)

The company sells BTC to secure cash for upcoming loan note obligations ahead of its planned uplisting.

What to know:

  • Satsuma Technology, a U.K.-based bitcoin-focused technology company sold 579 BTC out of its holdings of 1,199 BTC,
  • The sale generated approximately 40 million pounds ($53.2 million) in net proceeds.
  • Following the sale, the company holds 620 BTC and around 90 million pounds in cash.
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