BitDigest July 17 · Issue #702

Jul 17, 2020
  • Crypto markets trade down on the week but do not show any real response to Twitter incident
  • South Africa looking to regulate digital currencies
  • Thailand introducing CBDC to businesses before looking to consumers
BitDigest July 17 · Issue #702
BitDigest July 17 · Issue #702

The Great Twitter Hack

Wednesday’s hack of multiple Twitter accounts has been the leading news story across the cryptoverse so I am breaking my regular format and starting with coverage of this event:

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 1.32% falling to $60k and ETH 1.55% approaching the low $2,300s. Aptos (APT -1.53% ) 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 4.75% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 1.32% climbing back above $61,000 and SOL 7.07% moving above $145, while ETH 1.55% is lagging, trading around $2,400. Among today's outperformers is SUI 4.87% , 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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