BitDigest July 20 · Issue #703

Jul 20, 2020
  • ‘Boring bitcoin’ losing market dominance but bringing stability to top cryptocurrencies
  • Bank of Japan has announced a new team to look at CBDC
  • Paypal probably working with Paxos to release crypto payments platform
BitDigest July 20 · Issue #703

The Great Twitter Hack

Happy Monday. Starting with an update on the continuing investigation into Wednesday’s hack of 130 Twitter accounts :

The Headlines

Market Data

Thoughts on the Ecosystem

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 1.12% falling to $60k and ETH 1.48% 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 4.46% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 1.12% climbing back above $61,000 and SOL 6.81% moving above $145, while ETH 1.48% is lagging, trading around $2,400. Among today's outperformers is SUI 4.47% , 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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