July 4, 2021

Fed Chairman Jerome Powell Met With Leaders of Coinbase, Digital Dollar Project

Coinbase executives continue to move among the big names in the financial landscape. This month, it was the turn of none other than U.S. Federal Reserve Chairman Jerome Powell. According to Powell’s working schedule for May, the head of the Fed had a face-to-face meeting with the head of the cryptocurrency exchange Coinbase Global Inc....
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NYU Professor Said Bitcoin Failed as a Good Currency

The financial specialist and professor at the New York University – Aswath Damodaran – criticized bitcoin in a recent speech. In his opinion, the primary digital asset “failed miserably” and did not prove itself as a good currency. Gold and BTC Are Not The Same The prominent Indian professor – Aswath Damodaran – shared his...
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DeFi Will Replace a Lot of Traditional Finance Services: Interview With Balancer

Balancer is one of the pioneers in the DeFi space and a core building block of its infrastructure. The protocol allows for efficient trading by pooling crowdsourced liquidity from investor portfolios while also identifying the best available price. Data from Token Terminal reveals the growth of the platform in terms of total value locked over...
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Ethereum Price Analysis: ETH Sets a 16-Day High, Is $2500 In Sight?

ETH/USD – New 16-Day High. Key Support Levels: $2300, $2250, $2130. Key Resistance Levels: $2350, $2440, $2540, $2640. Ethereum rebounded from support at $1700 (mid-March support) at the beginning of last week and surged into resistance at $2300 (bearish .5 Fib) on the first day of July. However, the second-largest crypto quickly got rejected and...
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Europe Needs to Regulate Crypto as Quickly as Possible, Says Banque de France Governor

François Villeroy de Galhau – the head of the French central bank – sounded a note of caution that Europe’s monetary sovereignty faces tough times if the EU does not regulate cryptocurrencies. Without hasty action, the international role of the euro would be endangered. ‘Europe Must Be Ready’ At the annual financial conference in Paris,...
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Institutional Demand Persists: The Purpose Bitcoin ETF Now Holds 22,500 BTC

The demand for the Purpose Bitcoin ETF has resumed after the mid-May decrease. Consequently, the company’s product has increased the bitcoins it holds by almost 30% in less than two months. Purpose BTC ETF Holds Almost 22.5K Coins CryptoPotato reported earlier this year when Canada’s Ontario Securities Commission (OSC) approved a filing by the financial...
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Bitcoin Price Analysis: BTC Now Facing Huge Resistance Dated Back to Mid-May

Bitcoin price is up a robust 8.5% from the July low of $32,700, recorded both on Thursday and Friday. The coin surged over $3K over the past two days, breaking above the 20-day moving average line at $34.9K, and is now facing a combination of significant resistance on the daily timeframe. The major resistance is...
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The Blocksize War – Chapter 16 – Litecoin

Chapter 16 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.* * Note:...
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AXIA Coin, the First Asset-Supported Global Currency, to Be Listed on BitMart Exchange

[PRESS RELEASE – Please Read Disclaimer] AXIA Coin (AXC) will be listed on BitMart Shooting Star at 10:00 PM on July 6, 2021 (EDT). Eligible BitMart users can purchase AXC with 20% off in a 24-hour flash sale. For all BitMart users, the AXC/USDT will be officially available for trading at 10:00 PM (EDT) on...
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VDollar: Cryptocurrency Trading and Innovative Exchange Token

[Featured Content] It goes without saying that the past year has been particularly exciting for the entire cryptocurrency market. Last March, during the coronavirus-induced global market crash, Bitcoin’s price dropped to a low of around $3,800, and a lot of people thought it would go even lower. The market, however, saw this as the absolute...
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Ethereum (ETH) Surges to a 2-Week High as Bitcoin Surpasses $35K (Market Watch)

Bitcoin’s weekend struggles seem to be nowhere near as the cryptocurrency initiated another leg up and reclaimed $35,000. Most of the altcoins have charted gains as well, with Ethereum jumping above $2,300 for the first time since mid-June. Bitcoin Reconquers $35K After the volatile week in which BTC reached a multi-day high of $36,600 and...
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Bitcoin (BTC) $ 95,832.68 1.46%
Ethereum (ETH) $ 3,333.66 1.62%
Tether (USDT) $ 0.998424 0.13%
XRP (XRP) $ 2.20 3.19%
BNB (BNB) $ 671.76 0.79%
Solana (SOL) $ 184.03 1.18%
Dogecoin (DOGE) $ 0.315612 1.80%
USDC (USDC) $ 0.999548 0.09%
Lido Staked Ether (STETH) $ 3,328.16 1.56%
Cardano (ADA) $ 0.894972 2.04%