BREAKING: AMAZON LAUNCHING OWN CRYPTOCURRENCY!
Cryptocurrency news for today 23rd of July
Ethereum and Chainlink became the growth leaders
States lag behind other central banks developing digital currency projects
The DeFi Industry Continues to Grow at a Rapid Pace
The DeFi industry continues to push the market up. Chainlink is one of the prime examples of the importance of being in the right place at the right time. The same applies to Ethereum, which has consolidated above $ 260 and above the 200-week moving average. Bitcoin is also growing, but it clearly lacks momentum compared to other coins. Central banks are actively promoting projects to create their own digital coins, but the United States has clearly lost its leadership in this matter..
Chainlink suddenly became a leader DeFi market according to CoinMarketCap
The cryptocurrency community has expressed doubts about the cleanliness of the listing process on CoinMarketCap. Chainlink (LINK) cryptocurrency project ranked first in the list of Decentralized Finance (DeFi) Decentralized Finance (DeFi) – this is financial services, technology-based blockchain, which offer users access to open, efficient and … More) by market capitalization according to the version of the resource CoinMarketCap (CMC). More details
Token As the use of cryptocurrencies grows, new types of tokens are emerging. They can represent value or something intangible like voices. Two … More ETH is already worth $ 263. Where to go
After the news of the launch of the final test version of the Ethereum 2.0 network, the price of the ETH token skyrocketed. The coin is already trading at $ 263, and experts are confident that this is not the limit. In the near future, the value of the ETH token may strengthen at around $ 280 – $ 285 apiece. Analysts adhere to this opinion. Over the last 5-6 days, Ethereum has formed a strong uptrend above the $ 220 level. The ETH price started to move up and broke several barriers near the $ 250 level. On average, Ether has grown by 8% over the past three sessions and even surpassed the $ 260 level. More details
DeFi added $ 300 million with YFI tokens
Decentralized finance project Curve has become a market leader by adding $ 266 million to its locked wallets. This makes the protocol the most popular in terms of the total value of blocked tokens. The influx of funds into the protocol was associated with the launch of the YFI corporate token. Almost immediately after the launch of the token into circulation, the company received millions of dollars through its sale. Many experts call this meteoric rise in DeFi insanity and believe it could be a “bubble” that is about to burst. More details
Bitcoin Forms Rising High and Confirms Bullish Trend
On July 22, Bitcoin continued to develop the previous day’s bullish breakout, forming another bullish candlestick of impressive size on the chart. It seems that the cryptocurrency has nevertheless launched a new uptrend, and as a result, this may lead to another attempt to break the key level of $ 10,000.On July 21, the bitcoin (BTC) rate formed a bullish engulfing candle on the chart, having made a breakdown of the $ 9,250 area and the 50-day moving average average (MA). Both of these levels have provided resistance to the bulls over the past two weeks. Importantly, this breakout was accompanied by above-average trading volumes. More details
USA is late in creating its own CBDC currency
During a webinar hosted by consulting firm Accenture, Bowen, who is currently a board member of the Intercontinental Exchange, noted that CBDCBills and coins could be a thing of the past due to a new financial instrument, central bank digital currencies (CBDCs). As … More will help the dollar maintain its leading position in the global economy. If the United States does not want other countries to “become a threat to monetary policy or the dollar money supply,” they need to seriously consider cross-border transactions using CBDCs. More details
All information, contained on our website, published on the principles of good faith and objectivity, and for informational purposes only. Reader bears full responsibility for any actions, committed by him on the basis of information, obtained from our website.