Category: Cryptocurrency News

Bitcoin (BTC) inched up 5% to reclaim the $20,000 territory as the 4th of July hype provided surprise gains. Tuesday saw a comeback on the cryptocurrency market, with the majority of tokens trading in the green. Bitcoin’s Tuesday rally was the first for the coin in five days, with the 4th of July daily candle about to close, and providing some dose of optimism in the dreary bear market. Bitcoin and other cryptocurrencies remained virtually unchanged on Monday, with crypto assets trading at downcast prices after a huge selloff in recent months. The worldwide cryptocurrency market capitalization was trading at $909 billion, an increase of more than 6 percent in the last 24 hours. However, the total trading volume of cryptocurrencies increased by nearly 37 percent to $55 billion. Suggested Reading | Bitcoin Slides Under $20K – Another Collapse In The Offing? Bitcoin Retakes $20,000 Territory TradingView data indicated that the BTC/USD pair rose to $20,085 on Tuesday, its strongest gain since June 30. The pair spent the majority of the weekend near $19,000 as the bulls attempted to push BTC’s price to $20K. After a turbulent second quarter, Bitcoin’s price has entered the third quarter with sluggish movement as it continues to consolidate around the $20,000 mark. Since the start of 2022, increased geopolitical concerns and a change in sentiment (induced by rate increases, the conflict in Ukraine, and a dismal economic prospects) have inflicted a blow to crypto assets, causing Bitcoin to return to levels last seen in December 2020. BTC continues to trade at less than a third of its all-time high of $69,000, attained in November last year, but has maintained its position above $18,000, the bottom it touched during mid-June liquidations. BTC total market cap at $376 billion on the daily chart | Source: TradingView.com BTC Needed To Break Past $19K Despite the negative trends, Bitcoin managed to recover and surpass the $19,000 threshold. According to popular analyst Matthew Hyland, Bitcoin has successfully “created Bullish divergence on the daily time frame for the first time since breaking below $20,000.” On-chain analytics resource Whalemap verified that whales purchasing tokens at the price of $19,200 had given a sigh of comfort and market support. Suggested Reading | Ethereum (ETH) Hammered Down To $950 As Crypto Selloff Deepens According to Santiment statistics, a large number of Bitcoin long positions were opened on cryptocurrency exchanges on July 4th, boosting trader optimism. US traders, one of the largest markets, are now placing substantial bets on Bitcoin’s continued ascent. Meanwhile, some crypto investors who are still long-term Bitcoin bulls expect that the leading cryptocurrency will require a one- or two-year buildup cycle until the next BTC halving before the leading crypto can truly rebound and register new highs. Featured image from 123RF, chart from TradingView.com

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H.E. Justin Sun, the founder of TRON, joined the Grenada Government as its WTO Ambassador last December. He talked about some serious issues at the Twelfth Ministerial Conference (MC12) of the World Trade Organization (WTO). Sun spoke during the conference on SIDS (Small Island Developing States), climate change, oceans, e-commerce, and other issues. The Conference has various topics such as post-COVID economic crisis, food safety, environment protection, food safety and security, IP protection on coronavirus vaccines, e-commerce moratorium on customs duties, and trade facilitation, according to the press release. At the conference, he also stated that “Grenada is heavily dependent on a very predictable, transparent and efficient MTS (multilateral trading system),” and he is “working closely with WTO’s program on e-commerce in support of digitizing the economy.” As per a video published by the Organization of Eastern Caribbean States (OECS) on YouTube, Sun says, “Grenada is facing an increase in commodities prices, climate crisis, and environmental emergencies.” These can be fixed, or at least can have a recovery initiation, by simply empowering e-commerce and a borderless digital economy. Sun is not a new player in the market. He founded TRON in 2017, which is now one of the top three public chains worldwide. So, as per the government of Grenada, Sun will use his experience in blockchain technology to digitize its trade, investment, and governance processes. In addition, Ministers made two critical decisions: the Work Programme on Small Economies and the TRIPS non-violation and situation complaints and; a Sanitary and Phytosanitary Declaration for the Twelfth WTO Ministerial Conference: Responding to Modern SPS Challenges. On the margins of MC12, the OECS also took the opportunity to have a series of engagements with essential partners, namely the International Trade Centre, the Commonwealth Secretariat, the Organisation of African Caribbean and Pacific States, and the United Nations Industrial Development Organization. (source) H.E. Justin Sun seems to be playing a pivotal role in the economic development of Grenada. During his term of office, Sun also said he would actively advocate for cooperation between Grenada and other countries in various fields and boost economic growth through digital technologies to collaborate on the new issues that emerge from digital transformation in the post-COVID era.

Title: Bitcoin P2P e-cash paper Date/Time: 2008-10-31 18:10:00 UTC Message: I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at: http://www.bitcoin.org/bitcoin.pdf The main properties: Double-spending is prevented with a peer-to-peer network. No mint or other trusted parties. Participants can be anonymous. New coins…
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The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation.

The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s Growing Balance of Payments Deficit After initially refusing to seek […]

Am I the only one whos ens registering isnt working? It is always on "read only, loading" and when it isnt for example in chrome inkognito mode, it never actually connects my wallet. When I click on "metamask" in the variety of connect options, nothing happens. submitted by /u/tatarka228 [link] [comments]

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Hi guys. If you don't already know it, this is the no-official newsletter about Curve Finance. If you don't have time to be 24-7 on Twitter. This is a good way to follow what is happening https://cryptouf.substack.com/p/whatup-on-curve-87?sd=pf submitted by /u/cryptouf [link] [comments]