July 2020 | Last Cryptocurrency News Feed

Bitcoin Ends July at Highest Monthly Close Since 2017 Peak

Aug 1, 2020 at 00:01 UTCUpdated Aug 1, 2020 at 00:03 UTCBitcoin monthly close prices since January 2017Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago. Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in…

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Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later

Coinfirm details what happened to the first mined Ethereum after the asset's launch in 2015. 1801 Total views 20 Total shares Ethereum, a household name in the crypto industry, fired up its network on July 30, 2015, but what happened to the first ETH coin ever mined all those years ago? Blockchain analytics and Anti-Money…

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Bitcoin Price Soars to $11,400 as Traders Say a ‘Bull Phase’ Is Igniting

The price of Bitcoin surpassed $11,400 for the third time in three days, breaching a critical resistance level. Earlier today BTC price reached $11,444 but it quickly rejected back to the $11,250 range.Surprisingly, within the last hour the price has risen above the $11,400 mark again and some traders believe that repeated retests of the…

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Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll. In seven short days, Bitcoin went from around $9,600 to $11,400,…

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Bloomberg: Americans Trade Depreciating Dollars For Bitcoin

Low-yielding dollar savings accounts aren’t cutting it for Americans anymore. 2562 Total views 22 Total shares A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC).High saving rates, low yieldsBecause of the COVID-19 lockdown, the personal savings rate in the U.S. is…

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Putin Outlaws Crypto as a Payment Means in Russia

President Vladimir Putin of Russia has signed a new law that will prohibit the use of cryptocurrency as a payment means in the country by 2021. Meanwhile, the Russian government recently deployed blockchain technology for its constitutional amendment. Crypto as Payment to Become Illegal in 2021 According to a report by local news outlet RIA…

CoinDesk Feed

Market Wrap: Bitcoin Pushes to $11,450, DeFi Value Locked Now at $4B

Jul 31, 2020 at 20:22 UTCSource: CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Pushes to $11,450, DeFi Value Locked Now at $4BBitcoin and ether continue to make gains Friday and stakeholders are increasingly investing their crypto into DeFi. Bitcoin (BTC) trading around $11,333 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous…

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Bitcoin’s Option Market Is Now Skewed Bullish

Jul 31, 2020 at 19:39 UTCUpdated Jul 31, 2020 at 19:41 UTCBitcoin’s price jumped to a fresh 11-month high on Friday, with the options market betting on a sustained bull move. The top cryptocurrency by market cap rose to a high of $11,467 during the U.S. trading hours, surpassing the previous multi-high month high of…

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Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV, LTC, ADA,CRO, BNB, EOS

Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should get out of paper money and invest in hard assets.Gold has been the traditional safe haven asset which is preferred…

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Vitalik Buterin: Future Lotteries Could Benefit From ETH 2.0’s Randomness

Vitalik Buterin discusses how ETH 2.0’s randomness function could benefit future lotteries. 1437 Total views 15 Total shares Discussing Ethereum’s (ETH) hackathon in partnership with the Colorado State Lottery, Vitalik Buterin opined that in the future, such lotteries could benefit from Ethereum 2.0’s Verifiable Delay Function.No immediate use for Ethereum in the projectThe Ethereum creator…