Tag Archives: July

Bitcoin Crosses $11,400 Mark, Beats Main Indexes In July Good points

Bitcoin on Friday crossed the $11,460 mark, its highest July peak in eight years. The cryptocurrency gained about 23% in July.  What To Know: Analysts stated the spike may very well be an consequence from the directive of U.S. officers that allowed all nationally chartered banks to open and preserve crypto wallets for his or her prospects. “There’s positively… Read More »

Almost $100 Million in Bitcoin Moved to Ethereum in July, Led by Retail Merchants

Ethereum is still the most well-liked off-chain vacation spot for bitcoins as its provide of tokenized bitcoin (BTC) grew greater than 70% in July. Greater than 20,000 BTC — value roughly $225 million — are actually tokenized and utilized in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the whole tokenized bitcoin provide with… Read More »

Bitcoin Ends July at Highest Month-to-month Shut Since 2017 Peak

Bitcoin closed the month of July at $11,351, its highest month-to-month shut for the reason that bellwether cryptocurrency’s all-time excessive almost two-and-a-half years in the past.  Previous to this month, Bitcoin had closed under $11,000 each month since almost reaching $20,000 in December 2017. Bitcoin futures on CME closed July at $11,620. Bitcoin gained 24%… Read More »

July ends with a bitcoin rally and the U.S. greenback’s worst month in 10 years

The U.S. greenback suffered its worst month since 2010 as digital property like bitcoin and ether ended July sharply larger.  As reported by The Monetary Occasions, the greenback index — which measures the U.S. greenback’s efficiency towards six different government-issued currencies – fell by 4.3% in July, the biggest month-to-month sell-off since 2010. Towards the… Read More »

Bitcoin Information Roundup for July 30, 2020

With the worth of bitcoin hovering close to latest highs and a few questioning whether or not we’re poised for a pullback, CoinDesk’s Markets Every day is again in your newest information roundup. For early entry earlier than our common midday Japanese time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Bitstamp and Crypto.com. At… Read More »

Bitcoin short-term Value Evaluation: 30 July

Disclaimer: The findings of the next evaluation ought to materialize over the following 24-hours  Bitcoin has been brimming with bullish momentum these days, however the world’s largest digital asset could possibly be reaching the tip of its rope. Between 21 July 7:00 UTC and 27 July 22:00 UTC, Bitcoin’s worth actually spiked throughout the parabolic… Read More »

Bitcoin Information Roundup for July 29, 2020

With the battle for CBDC dominance within the East heating up and good contract use skyrocketing as Ethereum turns 5, CoinDesk’s Markets Each day is again with one other information roundup. For early entry earlier than our common midday Japanese time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Bitstamp and Crypto.com. As we speak’s… Read More »