Issue 364

Ethereum Rallies In July Up 29% For The Month, As Over 131 New Whales Appear

In a tweet on Sunday, Santiment Feed revealed that DeFi king Ethereum had rallied over 29% in July alone and 14% in the last 24 hours as about 131 new whales showed up with massive accumulation since May.

MATIC: Will a mixed bag of these metrics be enough to hit $1

Polygon’s community has been in a celebratory mode over the past few days. As expected, MATIC has grown leaps and bounds too and is now showing promise after Q2’s carnage. In fact, recent developments have added to the community’s hopes for the near future as the FOMC meeting looms.

Australian central bank governor favors private sector crypto technology

Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation.

Dogecoin Drops 62.96% YTD, Here’s How DOGE Holders Are Dealing With Crypto Winter

The first half of 2021 was an excellent year for the meme currency, Dogecoin, as it became immensely famous in no time. The currency even hit a record high of $0.73 in May 2021.

Otherside Metaverse demo kicks off with 4,500 participants: highlights

Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).

Paraguay’s crypto framework one step away from becoming law

The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors.

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator.

Issue 364 July 19th 2022

Crypto News