BitDigest July 14 · Issue #699

Jul 14, 2020
  • Crypto pricing remaining range set as market looks for new catalyst
  • Bank of England expects to have digital currency in “a few years”
  • South Korea may raise crypto tax to 20% rate
BitDigest July 14 · Issue #699

Crypto Fear and Greed Index

Driven by “boring bitcoin,” the crypto sentiment index is unchanged this week suggesting investors continue to foresee the possibility of weakness in digital currency markets as the majority of cryptocurrencies continue to be range-set.

BitDigest July 14 · Issue #699

The Headlines

Market Data

Exchange, Custody and Product News

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 0.96% falling to $60k and ETH 1.36% approaching the low $2,300s. Aptos (APT -1.11% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 4.41% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 0.96% climbing back above $61,000 and SOL 5.29% moving above $145, while ETH 1.36% is lagging, trading around $2,400. Among today's outperformers is SUI 3.44% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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