SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17
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Teresa Bach
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July 17, 2021
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Altcoin News
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0 Comments
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week New data hints why Bitcoin price action has spent two months at $30KBitcoin (BTC) posted another week …
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“Twitter On Ethereum” Hinted By Aave Founder
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Teresa Bach
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July 17, 2021
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Blockchain
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0 Comments
Kulechov made the idea in light of Twitter organizer Jack Dorsey’s arrangements to assemble another stage for DeFi on Bitcoin.Aave Founder indicates at Social Media PlansStani Kulechov has his eyes set on decentralized web-based media. The Aave author shared his vision of a “Twitter on Ethereum” Saturday, referring to Jack Dorsey’s new declaration that he would assemble a Bitcoin-centered stage …
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Retail Traders Pile On Shorts, Is This The Bitcoin Bottom?
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Teresa Bach
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July 16, 2021
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Bitcoin
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0 Comments
Bitcoin has recently fallen below a $32,000 critical hold point and in response, retail investors have taken this as an opportunity to make money from the falling bitcoin price. So far, retail investors have started loading up on shorts, an incredibly bearish metric for the market. Retail investors load up on shorts | Source: Twitter So many shorts placed in …
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How China’s CBDC Will Integrate Smart Contracts, Progress Revealed
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Teresa Bach
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July 16, 2021
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Defi
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China’s central bank digital currency (CBDC) is moving fast towards its deployment. For the first time since the project was launched over 7 years ago, the People’s Bank of China (PBoC) has released a Whitepaper with the digital Yuan or e-CNY’s most important progress. The project started as a response to cryptocurrencies, such as Bitcoin, in a new world context …
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Ethereum Consolidates, What Could Trigger Strong Recovery in ETH
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Teresa Bach
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July 16, 2021
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Ethereum
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0 Comments
Ethereum restarted its decline after it failed to stay above $2,000 against the US Dollar. ETH price is holding the $1,880 support, but it must clear $2,000 for a decent increase. Ethereum started a fresh decline and it once again tested the $1,880 support zone. The price is still trading well below the $2,000 resistance and the 100 hourly simple …
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Why Ethereum (ETH) Could Nosedive Below $2K, Bears In Control
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Teresa Bach
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July 13, 2021
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Ethereum
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0 Comments
Ethereum is down 5% and it is struggling to stay above $2,000 against the US Dollar. ETH price could decline sharply if there is a break and close below $2,000. Ethereum is showing bearish signs below the $2,050 and $2,100 levels. The price is now trading well below the $2,100 resistance and the 100 hourly simple moving average. There was …
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Bitcoin Prints Bullish Pattern, Why Close above $35K Is Crucial
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Teresa Bach
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July 12, 2021
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Bitcoin
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0 Comments
Bitcoin price started a fresh increase from the $32,250 support zone against the US Dollar. BTC must settle above the $35,000 resistance to move further into a bullish zone. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading above the $34,000 support and the 100 hourly simple moving average. There is a …
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More Than $40 Million of Digital Yuan Has Been Scattered By China in Red Envelopes, As Per Reports
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Teresa Bach
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July 11, 2021
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Blockchain
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0 Comments
China, which has seemingly the most developed computerized money project among driving countries, has so far distributed more than $40 million in red envelopes with advanced Yuan. The special mission for the CBDC is at present centered around five significant urban areas, considering their provincial advancement needs.Beijing parts with 269 Million Yuan in Digital CurrencyChinese Authorities are quickly pushing ahead …
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Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10
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Teresa Bach
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July 10, 2021
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Altcoin News
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0 Comments
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week US financial regulator FinCEN hires its first-ever chief digital currency adviserThe United States Financial Crimes Enforcement Network, …
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Is this the most annoying — or valuable — man in DeFi? Chris Blec – Cointelegraph Magazine
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Teresa Bach
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July 8, 2021
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Altcoin News
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0 Comments
Even Chris Blec’s biggest supporters acknowledge he can be as subtle as a sledgehammer when he’s pushing for transparency from DeFi projects on Twitter.The founder of DeFi Watch puts noses out of joint across the industry — whether he’s hammering Polygon for putting billions in the hands of two developers with admin keys or criticizing Rari Capital for being run …
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