Cryptocurrency news for today July 22

CONTENT

  • Russia is one step closer to adopting a law on digital assets

  • Bitcoin is trying to gain a foothold in a new range

  • The test version of the ethereum 2.0 network will be launched in August

International consortium of news organizations developing transparency standards.

Bitcoin stalled again and now we are talking about at least gaining a foothold in new positions. To all appearances, further growth will have to be forgotten for some time. This stability of the first cryptocurrency worries some analysts, who consider it a precursor to a massive fall. In Russia, the Duma passed the law on digital assets in the third reading. Now he went to the Federation Council for further approval. Meanwhile, in Britain, projects are canceled for various reasons: Robinhood has postponed plans on the back burner due to problems with regulators in the United States. Another crypto fund simply could not find investors, despite the fact that the regulator approved the launch a year ago.

Bitcoin is too stable and some are worried

Bitcoin (BTC) is now experiencing a period of calm, which is very unusual for the world’s main cryptocurrency, famous for its volatility. Traders look at charts longingly. On June 1, the BTC rate was, according to CoinMarketCap, $ 9519. At the time of this writing, the pair is trading at around $ 9320. It is also noteworthy that the peak highs and lows that the market forms are also insignificant ( $ 9680 and $ 8975, respectively). According to new data released today by the analytical company Coin Metrics, over the past month, the change in the bitcoin rate was only 1%. More details

YouTube denies responsibility for fraudulent videos

In a public statement, YouTube officials say they have not violated Section 230 of the federal distribution law. According to the stated information, YouTube was not supposed to control the content of videos posted by scammers regarding the launch of the Ripple Labs.Inc blockchain. It is reported by the Law360 edition. The plaintiff in the person of Ripple wants to prosecute the video hosting for the fact that they do not “aggressively and carefully control the dissemination of information by third parties. Note that this is not the first time that scammers have used YouTube to distribute fake videos. More details

Bitcoin is trying to form support after a bullish breakout

The bitcoin (BTC) rate has been trading below the $ 9250 area and the 50-day moving average (MA) since July 8, which formed strong resistance for the bulls. However, despite this, it was more about consolidation than about a downtrend. Yesterday, the price formed a bullish engulfing candlestick on the chart, and this was accompanied by significant trading volumes. As a result, the market finally broke through both this resistance area and MA. These are important bullish signals, however, on the daily chart, the RSI is starting to give hidden bearish divergence signals. These signs are alarming, but so far they have not been able to neutralize the bullish breakout. More details

The State Duma approved the law “On digital financial assets”

The State Duma of the Russian Federation approved in the third reading the draft law “On digital financial assets”. The State Duma adopted in the third reading the draft law “On digital financial assets” (DFA). Thus, from January 1, 2021, all transactions with cryptocurrency assets in the territory of the Russian Federation are legalized, but the use of cryptocurrencies as a means of payment is prohibited. Recall that the law on digital assets describes the requirements for the information system that carries out the circulation of digital assets, as well as for the operator of such a service. More details

Final test version of Ethereum 2.0 will be launched in August

Representatives of the developer company have named the launch date for the final version of the updated Ethereum 2.0 platform. The network will start working on August 4 this year. Just two weeks will separate the crypto community from the launch of an updated version of the Ethereum blockchain, which has been postponed several times for various reasons. This was announced by Platform Launch Coordinator Danny Ryan (@djrtwo) and shared the news on the Testnet Discord board. More details

 

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Cryptocurrency news for today July 22

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Bitcoin stalled again and now we are talking about at least gaining a foothold in new positions. To all appearances, further growth will have to be forgotten for some time. This stability of the first cryptocurrency worries some analysts, who consider it a precursor to a massive fall. In Russia, the Duma passed the law on digital assets in the third reading. Now he went to the Federation Council for further approval. Meanwhile, in Britain, projects are canceled for various reasons: Robinhood has postponed plans on the back burner due to problems with regulators in the United States. Another crypto fund simply could not find investors, despite the fact that the regulator approved the launch a year ago.

Bitcoin is too stable and some are worried

Bitcoin (BTC) is now experiencing a period of calm, which is very unusual for the world’s main cryptocurrency, famous for its volatility. Traders look at charts longingly. On June 1, the BTC rate was, according to CoinMarketCap, $ 9519. At the time of this writing, the pair is trading at around $ 9320. It is also noteworthy that the peak highs and lows that the market forms are also insignificant ( $ 9680 and $ 8975, respectively). According to new data released today by the analytical company Coin Metrics, over the past month, the change in the bitcoin rate was only 1%. More details

CRYPTO NEWS Update & Cryptocurrency Report Today [Jan 23]

YouTube denies responsibility for fraudulent videos

In a public statement, YouTube officials say they have not violated Section 230 of the federal distribution law. According to the stated information, YouTube was not supposed to control the content of videos posted by scammers regarding the launch of the Ripple Labs.Inc blockchain. It is reported by the Law360 edition. The plaintiff in the person of Ripple wants to prosecute the video hosting for the fact that they do not “aggressively and carefully enough control the dissemination of information by third parties. Note that this is not the first time that scammers have used YouTube to distribute fake videos. More details

Cryptocurrency news for today July 22
Cryptocurrency news for today July 22
Cryptocurrency news for today July 22

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