It’s been a boring week so far

Aelf

Qualified
Jul 9, 2023
165
39
0
It’s been a boring week so far

CoinMarketCap Daily Newsletter
“It is nice to have valid competition; it pushes you to do better.” -
Gianni Versace In today's newsletter, we will be covering: Singaporean
government blockchain platform facilitating $15.7
million in fundraising Huobi China joining a Chinese government-
led blockchain alliance SoftBank releasing debit cards with
built-in blockchain wallet Total Market Cap: ~$199.1
billion (~0.9%) BTC Price: ~$7,320 (~1.1%) 24-Hour Volume: ~$57.3 billion
(~3.05%) BTC Dominance: ~66.5% (~0.3%) Notable movers: Maker (MKR) (~9.2%) BTC
is currently trading at ~$7,320, up ~1.1% over yesterday. On the daily
chart, BTC is still trading below its 21-, 50- and 100-day EMA
support lines, and RSI is still at ~36.4, indicative of significant
bearish momentum. On the weekly chart, BTC managed to hold its 100-EMA support
line after testing it the week before. BTC also recently bounced off the lower
bound of its lower highs and lower lows trading pattern/ channel/ zone it
has been trading within since late June this year. How much do you agree with
this statement: "I would like to see more tools and features on the
CoinMarketCap website." Why or why not? What other tools do you wish to
see on our site? Share with me in the polls! Singaporean government-backed
blockchain platform Tribe has facilitated the raising of another $15.7
million in fundraising for participating companies via its ecosystem. Tribe
Accelerator revealed in a press release that a combined $28 million had been
amassed to date. The money goes to backing startups worldwide trying to solve
real-world issues with blockchain technology. 🌍 Managing Partner of
Tribe Accelerator Ng Yi Ming said that another successful fundraising round
"underscores the relevance of blockchain technology in solving real-world
problems." At its launch on 1 Dec in Southern China's Hangzhou, Huobi China
revealed that it has joined a state-supported blockchain alliance, the
Blockchain-Based Services Network (BSN) Development Alliance. 🇨🇳 The
network is led by the State Information Center (SIC), a think-tank associated
with China's highest central planning agency, the National Development
and Research Commission. It intends to offer infrastructure services for any
Chinese or international entity that uses blockchain, and will be tested
in 54 cities across China, including Singapore and Hong Kong for projects like
smart city management. Japanese holding firm SoftBank has introduced a new
debit card with a built-in cryptocurrency wallet in collaboration with
U.S.-based wallet card creator Dynamics. Called SBC Wallet Cards, the
new item can be used as a traditional debit card or blockchain wallet. Customers
can also use it as both hot and cold digital currency storage and check balance-
related data in real-time. 🤔 The card is now exclusively available in
Japan, but SoftBank intends to introduce it in Southeast Asia, Dubai, the U.S.
and South Korea in the future. Former Commodity Futures Trading Commission
(CFTC) Chairman J. Christopher Giancarlo, also known as "Crypto Dad" to the
cryptocurrency world, is joining the Willkie Farr & Gallagher law company as
senior counsel. 👨‍⚖️ The Central Bank of Sri Lanka plans to create a blockchain-
based know-your-customer (KYC) platform, and is calling for such proposals. 📝
South Africa's central bank, the South African Reserve Bank (SARB), is
reportedly about to impose new regulations for using digital currencies to
discourage users from avoiding currency controls. 🤚 An activist who advocates
for the mass adoption and use of strong cryptographic solutions and privacy-
enhancing technologies to enact social and political progress. TBA - Justin
Sun's lunch with Warren Buffett "How much do you agree with this statement: "I
would be interested in a separate weekly CoinMarketCap newsletter that deep
dives into the various tools available on our site."" The average vote was 8.4.
56% of y'all voted a '10'! The more you learn the better you can play –
True! 🤓 I think it would help provide a broader, more in-depth understanding
of the market for beginners. – Yass, it’ll equip beginners with tools to
better navigate this crazy space. 😄 It would be great to get the most
out of the site – Yup! I didn’t know you had tools! – We are well equipped, my
friend. Very well equipped. The idea here is to provide you guys with a bunch of
tools, so you can go forth and formulate your own educated conclusions on which
coins are a buy! 🛠 a great idea and makes complete sense to separate from a
daily update – Hell yaas! 👍 Can your tools eliminate the fake volume
reports so we actually get a real market price? – We have a new liquidity metric
that can give you a better sensing of whether a particular market is indeed as
liquid as the volume/ fake volume makes it out to be. 🧐 More tools equals more
capacity to trade successfully – Can’t disagree there! 👍 bring it on.. thanks
for the work u guys are doing. – Well thank you for your continued support! It’s
the least we could do. 🙏🏻 Coinmarketcap is the dictionary of all crypto
currencies and it would be great to understand all the intricacies better. –
Yep! Definitely no harm in learning more! 🤓 That actually sounds like a cool
idea. (And now I feel a little bad because been a while since i used my fav
features on app). will also serve as a cool reminder of what available on site.
– Do continue using our features! 😄 A little competition won't hurt 😁
Unsubscribe - Unsubscribe Preferences
 
Similar Topics Category History
S CoinMarket 0 103
A CoinMarket 0 103
Polygon CoinMarket 0 100

Similar Topics