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Coinlive Weekly Newsletter (June 21 – June 27): Bitcoin continues to dump, Binance’s NFT can not save the market

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The fourth week of June of the cryptocurrency market continued to report lots of sad information, because the influence of the “suppression” of BTC mining in China continued to drive the worth of Bitcoin down. The group additionally acquired unhappy information when John McAfee, a kind of controversial determine within the interval 2017-2018, immediately disappeared.

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However, there are vibrant spots as effectively, usually MicroStrategy continues to take care of its religion in Bitcoin when it invests a further $ 489 million on this coin. Additionally, in mid-July, a Bitcoin convention might be held for main funding giants within the US, with the intention of a “debate” between Twitter CEO Jack Dorsey and Tesla CEO Elon Musk.

Binance’s NFT platform launch occasion kind of turned NFT right into a much-discussed key phrase final week, however in line with Coinlive, its influence shouldn’t be excessive, primarily as a result of it occurred proper after a significant market dump.

Let’s overview every part with Coinlive to be sure to do not miss any essential information! 😉

Price motion of main cryptocurrencies in comparison with 7 days in the past, statistics taken at 11:40 am on June 27, 2021

📌 Coinlive Originals – Articles to learn

– Relationship: Looking again on the cryptocurrency market in Vietnam within the first half of 2021 with Kyros Ventures

– Coinlive TV: Try 1inch.change – DEX Aggregator No. 1 of right now right now

– Analysis: Impact of China’s mining ban on Bitcoin Hashrate

1 / The point of interest 🔥

– FUD from China: The purpose why BTC was dumped at 32,000 USD is that this?

– MicroStrategy I simply purchased one other 489 million {dollars} price of Bitcoin – is that this determination actually proper?

– El Salvador 30 USD Bitcoin free for all

– John McAfee Suspected suicide in jail after being extradited to the United States by the court docket for tax evasion

2 / Uppercase

– Bitcoin worth Struggling to maintain at $ 32,000 as chain metrics counsel a further draw back

– PlanB predicts the worth of Bitcoin finish 2021 – The quantity will shock you!

– Over 200 million USD ETH deposited within the Ethereum 2.0 contract in simply in the future

– Cable (USDT) Twitter created its personal emoji, nevertheless it was referred to as a “financial risk” by Fed officers

– DOGE misplaced over $ 70 billion in market capitalization – save your canine Musk!

– “Flying” property 167,000 USD after only one evening, this man nonetheless refuses to promote Dogecoin

– Tesla, Facebook, Google shares… launch on blockchain Solana

– Mark the successful initiatives Solana Season Hackathon

3 / DeFi 🦄

– DeFi angle: What’s new within the Avalanche Roadmap 2021 (AVAX)?

– Karura Network It turned the primary mission to win an public sale on Kusama

– SushiSwap mixed with blockchain Harmony

– Project presentation: Notional Finance – The main fastened price lending platform within the cryptocurrency market

– Video Summary: A thriving yr for DeFi initiatives (2020 – 2021)

4 / NFT

– Central level: Communication Binance NFT What’s particular about it?

– Experience queued to purchase NFTFT thriller field on Binance

– The flip of social media Reddit “For sale” NFT

– Top 5 NFT Marketplace might be “NFT” that gamers have to know

5 / Investment by massive organizations 💰

– There might be a convention just for “big hands” organizations investing in Bitcoin: Where Twitter CEO and Elon Musk will or not it’s “war of words”?

– VanEck Proposed to arrange a Bitcoin funding fund with the SEC

– Andreessen Horowitz Launch of a $ 2.2 billion cryptocurrency funding fund

6 / Legal and Hospitality ⚖️

– Bank of England Ban on shopping for cryptocurrencies from Binance and Kraken exchanges

– 50,000 electrical car charging stations in Europe will settle for funds in cryptocurrencies

– University of Paraguay It will settle for BTC, ETH, XRP and Dash funds in August

– FTX Become the Official Cryptocurrency Partner of the American Baseball League (MLB)

7 / Notable occasions within the coming week (June 28 – July 4)

Cryptocurrency occasions to observe for subsequent week. Source: Kyros Ventures

To enter 20:00 on the night of June twenty seventh, Coinlive will maintain the assembly Crypto Lighthouse # 5 Livestream, the theme of “Comparison between emerging and potential crypto ecosystems today”, with the participation of very particular visitors. Interested readers, come to Coinlive Facebook fan page tonight!

Synthetic foreign money 68

Join the chat group Coinlive Chats Now let’s talk about the new matters of the DeFi market with the Coinlive directors !!!

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