💻Australian regulator tests automatic removal of crypto scam sites
🇦🇺The Australian Competition and Consumer Commission (ACCC) has tested a new system that automatically removes scam websites, including those related to cryptocurrency. The ACCC uses the technology of the UK company Netcraft, which has been providing similar services to the UK government for four years. According to Cointelegraph, more than 300 scam sites have already been blocked by an Australian court order using Netcraft.
https://getblock.net/en/news/australian-regulator-tests-automatic-removal-of-crypto-scam-sites
🇦🇺The Australian Competition and Consumer Commission (ACCC) has tested a new system that automatically removes scam websites, including those related to cryptocurrency. The ACCC uses the technology of the UK company Netcraft, which has been providing similar services to the UK government for four years. According to Cointelegraph, more than 300 scam sites have already been blocked by an Australian court order using Netcraft.
https://getblock.net/en/news/australian-regulator-tests-automatic-removal-of-crypto-scam-sites
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💸Finland makes $47,5 million from the sale of confiscated bitcoins
🇫🇮The Finnish government has sold 1889,1 seized bitcoins worth 46,5 million EUR ($47,5 million). According to Bloomberg, these assets were obtained when drug dealers and other criminals were apprehended and then confiscated by the state by court order. The bulk of these funds was seized back in 2018, but until then, the government had not decided what to do with them. At the time of the market’s rise in 2021, Finland’s assets were valued at almost $130 million.
https://getblock.net/en/news/finland-makes-475-million-from-the-sale-of-confiscated-bitcoins
🇫🇮The Finnish government has sold 1889,1 seized bitcoins worth 46,5 million EUR ($47,5 million). According to Bloomberg, these assets were obtained when drug dealers and other criminals were apprehended and then confiscated by the state by court order. The bulk of these funds was seized back in 2018, but until then, the government had not decided what to do with them. At the time of the market’s rise in 2021, Finland’s assets were valued at almost $130 million.
https://getblock.net/en/news/finland-makes-475-million-from-the-sale-of-confiscated-bitcoins
💡Dubai Prince unveils Web 3.0 development plan
☝️The Prince of Dubai, Sheikh Hamdan bin Mohammed, has unveiled a strategy for the development of blockchain technologies and metaverses. According to the Prince’s plan, the Emirates government will create 40 000 virtual jobs and increase the number of cryptocurrency companies by 500% by 2027. According to the Sheikh, there are currently more than 1000 blockchain-related companies in Dubai, generating $500 million a year for the city.
https://getblock.net/en/news/dubai-prince-unveils-web-30-development-plan
☝️The Prince of Dubai, Sheikh Hamdan bin Mohammed, has unveiled a strategy for the development of blockchain technologies and metaverses. According to the Prince’s plan, the Emirates government will create 40 000 virtual jobs and increase the number of cryptocurrency companies by 500% by 2027. According to the Sheikh, there are currently more than 1000 blockchain-related companies in Dubai, generating $500 million a year for the city.
https://getblock.net/en/news/dubai-prince-unveils-web-30-development-plan
👍Whale buys $1,7 billion worth of Ethereum futures
💻On July 20, a major Ethereum investor bought $1,7 billion worth of ETH futures contracts. This information was posted on Twitter by Web 3.0 researcher Kate Young Ju, based on data from cryptocurrency monitoring platform Crypto Quant. According to market orders, the purchase was the largest hourly volume for Ethereum futures contracts in the past seven months.
https://getblock.net/en/news/whale-buys-17-billion-worth-of-ethereum-futures
💻On July 20, a major Ethereum investor bought $1,7 billion worth of ETH futures contracts. This information was posted on Twitter by Web 3.0 researcher Kate Young Ju, based on data from cryptocurrency monitoring platform Crypto Quant. According to market orders, the purchase was the largest hourly volume for Ethereum futures contracts in the past seven months.
https://getblock.net/en/news/whale-buys-17-billion-worth-of-ethereum-futures
🚀Dogecoin developers release upgrade to improve network security
🌐The developers of the Dogecoin meme cryptocurrency released an upgrade to Dogecoin Core 1.14.6, aimed at improving the security and efficiency of the network. The minimum transaction size was changed from 1 DOGE to 0,01 DOGE.
https://getblock.net/en/news/dogecoin-developers-release-upgrade-to-improve-network-security
🌐The developers of the Dogecoin meme cryptocurrency released an upgrade to Dogecoin Core 1.14.6, aimed at improving the security and efficiency of the network. The minimum transaction size was changed from 1 DOGE to 0,01 DOGE.
https://getblock.net/en/news/dogecoin-developers-release-upgrade-to-improve-network-security
✅TRON head positively assesses Tesla's bitcoin sales
👌Justin Sun, CEO of blockchain platform TRON, positively assessed Tesla's sale of about 75% of its bitcoin holdings for a total of $936 million. According to him, this is a positive signal for the cryptocurrency market, which demonstrates the liquidity of BTC for all major corporations. Sun believes that more large companies will invest in the asset in the future. As of July 21, 14:30 UTC, BTC is trading at $22 483, having lost 6,28% overnight, according to Binance.
https://getblock.net/en/news/tron-head-positively-assesses-teslas-bitcoin-sales
👌Justin Sun, CEO of blockchain platform TRON, positively assessed Tesla's sale of about 75% of its bitcoin holdings for a total of $936 million. According to him, this is a positive signal for the cryptocurrency market, which demonstrates the liquidity of BTC for all major corporations. Sun believes that more large companies will invest in the asset in the future. As of July 21, 14:30 UTC, BTC is trading at $22 483, having lost 6,28% overnight, according to Binance.
https://getblock.net/en/news/tron-head-positively-assesses-teslas-bitcoin-sales
📢Crypto exchange Zipmex announces the resumption of withdrawals
💻Thai cryptocurrency exchange Zipmex will resume deposit and withdrawal functions starting from July 21 at 18:00 GMT +7. According to the company, trading on the platform will not be available until further notice. The exchange suspended operations and withdrawals on July 20, citing “volatile market conditions, and the resulting financial difficulties of our key business partners.”
https://getblock.net/en/news/crypto-exchange-zipmex-announces-the-resumption-of-withdrawals
💻Thai cryptocurrency exchange Zipmex will resume deposit and withdrawal functions starting from July 21 at 18:00 GMT +7. According to the company, trading on the platform will not be available until further notice. The exchange suspended operations and withdrawals on July 20, citing “volatile market conditions, and the resulting financial difficulties of our key business partners.”
https://getblock.net/en/news/crypto-exchange-zipmex-announces-the-resumption-of-withdrawals
💥 Cryptocurrency price dynamics 22.07.2022💥
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Polygon showed the highest growth over the day: +7.7%.
🟢 BTC - $ 23,134.49 (+0.8%)
🟢 ETH - $ 1,589.06 (+6.5%)
🟢 BNB - $ 267.02 (+4.8%)
🟢 XRP - $ 0,365094 (+1.8%)
🟢 ADA - $ 0,499104 (+2.2%)
🟢 SOL - $ 42.99 (+4.8%)
🟢 DOGE - $ 0,070114(+1.8%)
🟢 DOT - $ 7.56 (+3.2%)
🟢 MATIC - $ 0,904051 (+7.7%)
🟢 SHIB - $ 0,00001219 (+3.4%)
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Polygon showed the highest growth over the day: +7.7%.
🟢 BTC - $ 23,134.49 (+0.8%)
🟢 ETH - $ 1,589.06 (+6.5%)
🟢 BNB - $ 267.02 (+4.8%)
🟢 XRP - $ 0,365094 (+1.8%)
🟢 ADA - $ 0,499104 (+2.2%)
🟢 SOL - $ 42.99 (+4.8%)
🟢 DOGE - $ 0,070114(+1.8%)
🟢 DOT - $ 7.56 (+3.2%)
🟢 MATIC - $ 0,904051 (+7.7%)
🟢 SHIB - $ 0,00001219 (+3.4%)
🇷🇺Russia issues its first NFT-diplomas
📖Graduates of the Moscow Institute of Physics and Technology (MIPT) master's program received diplomas in the form of NFTs. This is the first such event in Russia. Documents in the form of non-fungible tokens were signed by all members of the certification committee. NFT diplomas were issued based on the Ethereum blockchain on the OpenSea platform. This was reported by the university's press service.
https://getblock.net/en/news/russia-issues-its-first-nft-diplomas
📖Graduates of the Moscow Institute of Physics and Technology (MIPT) master's program received diplomas in the form of NFTs. This is the first such event in Russia. Documents in the form of non-fungible tokens were signed by all members of the certification committee. NFT diplomas were issued based on the Ethereum blockchain on the OpenSea platform. This was reported by the university's press service.
https://getblock.net/en/news/russia-issues-its-first-nft-diplomas
Bitcoin
Yesterday, the upper edge of the wedge that was implemented still restrained the bitcoin rate and prevented it from falling below $22 000. The asset is now locked in a channel between this support level and resistance around $24 00.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-22072022
#BTC #Analytics
Yesterday, the upper edge of the wedge that was implemented still restrained the bitcoin rate and prevented it from falling below $22 000. The asset is now locked in a channel between this support level and resistance around $24 00.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-22072022
#BTC #Analytics
✅Crypto.com integrates Google Pay to buy cryptocurrencies
📲The Crypto.com exchange will add Google Pay as a payment method for cryptocurrency purchases. The integration will take place next week and will be available to Android smartphones, watch and tablet users, Cryptopotato reports, citing the exchange’s press release. According to Statista, the payment extension has more than 100 million users.
https://getblock.net/en/news/cryptocom-integrates-google-pay-to-buy-cryptocurrencies
📲The Crypto.com exchange will add Google Pay as a payment method for cryptocurrency purchases. The integration will take place next week and will be available to Android smartphones, watch and tablet users, Cryptopotato reports, citing the exchange’s press release. According to Statista, the payment extension has more than 100 million users.
https://getblock.net/en/news/cryptocom-integrates-google-pay-to-buy-cryptocurrencies
🇺🇸First cryptocurrency insider trading case launched in the US
⚖️On July 21, a New York court filed insider trading charges against a former Coinbase cryptocurrency exchange manager Ishan Wahi, as well as his brother Nikhil Wahi and their mutual friend Sameer Ramani. According to the case file, all three used the exchange’s internal information about which cryptocurrencies would be listed on the platform in the near future to buy them in advance of a price hike after listing. Through this scheme, the scammers earned a total of $1,5 million from the listings of 25 cryptocurrencies.
https://getblock.net/en/news/first-cryptocurrency-insider-trading-case-launched-in-the-us
⚖️On July 21, a New York court filed insider trading charges against a former Coinbase cryptocurrency exchange manager Ishan Wahi, as well as his brother Nikhil Wahi and their mutual friend Sameer Ramani. According to the case file, all three used the exchange’s internal information about which cryptocurrencies would be listed on the platform in the near future to buy them in advance of a price hike after listing. Through this scheme, the scammers earned a total of $1,5 million from the listings of 25 cryptocurrencies.
https://getblock.net/en/news/first-cryptocurrency-insider-trading-case-launched-in-the-us
📢Vitalik Buterin: Ethereum’s scalability will increase thousands of times after the switch to PoS
💻During the EthCC conference in Paris, Ethereum co-founder Vitalik Buterin said that by the end of the roadmap for the network’s transition to the Proof-of-Stake (PoS) consensus algorithm will see its scalability increase from 25 to 100 000 transactions per second (TPS). Buterin also noted that the upgrades will involve sharding and the Rollups scaling solution. He added that ETH issuance will be steadily decreasing going forward.
https://getblock.net/en/news/vitalik-buterin-ethereums-scalability-will-increase-thousands-of-times-after-the-switch-to-pos
💻During the EthCC conference in Paris, Ethereum co-founder Vitalik Buterin said that by the end of the roadmap for the network’s transition to the Proof-of-Stake (PoS) consensus algorithm will see its scalability increase from 25 to 100 000 transactions per second (TPS). Buterin also noted that the upgrades will involve sharding and the Rollups scaling solution. He added that ETH issuance will be steadily decreasing going forward.
https://getblock.net/en/news/vitalik-buterin-ethereums-scalability-will-increase-thousands-of-times-after-the-switch-to-pos
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📉Bitcoin mining difficulty drops by 5%
⛏After the last recalculation, bitcoin’s mining difficulty dropped by 5%, to 28,82 T. Also, according to Blockchain.com, the average hashrate of the network fell to 193 EH/s. The last time there was such a sharp decline was in July 2021. As of July 22, 09:40 UTC, BTC is trading at $23 438, having gained 2,1% in 24 hours, according to Binance.
https://getblock.net/en/news/bitcoin-mining-difficulty-drops-by-5
⛏After the last recalculation, bitcoin’s mining difficulty dropped by 5%, to 28,82 T. Also, according to Blockchain.com, the average hashrate of the network fell to 193 EH/s. The last time there was such a sharp decline was in July 2021. As of July 22, 09:40 UTC, BTC is trading at $23 438, having gained 2,1% in 24 hours, according to Binance.
https://getblock.net/en/news/bitcoin-mining-difficulty-drops-by-5
😱User loses $150 000 over domain name joke
💸An NFT collector under the nickname franklinisbored lost 100 wrapped ETH (wETH) worth about $150 000 due to a joke bid for a domain name on the Ethereum Name Service (ENS). On June 19, Franklin registered the domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” using a different wallet, and placed a bid of 100 WETH from his primary address. After that, he received an offer to buy the domain for 1,9 wETH (about $2 800) from another user. He accepted the offer, but then forgot to cancel his previous bid. 30 minutes later, the new owner of the domain name accepted Franklin’s previous bid, effectively selling him his own address for $150 000.
https://getblock.net/en/news/user-loses-150-000-over-domain-name-joke
💸An NFT collector under the nickname franklinisbored lost 100 wrapped ETH (wETH) worth about $150 000 due to a joke bid for a domain name on the Ethereum Name Service (ENS). On June 19, Franklin registered the domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” using a different wallet, and placed a bid of 100 WETH from his primary address. After that, he received an offer to buy the domain for 1,9 wETH (about $2 800) from another user. He accepted the offer, but then forgot to cancel his previous bid. 30 minutes later, the new owner of the domain name accepted Franklin’s previous bid, effectively selling him his own address for $150 000.
https://getblock.net/en/news/user-loses-150-000-over-domain-name-joke
🔌Compass Mining to install 25 000 ASIC miners in Texas
🤝Compass Mining, a cryptocurrency mining company, has announced a partnership with Compute North, a blockchain hosting provider. As part of it, the company will be provided with a 75 MW of capacity at a data center in Granbury, Texas. The expansion involves hosting 25 000 ASIC miners. The equipment includes the latest generation devices such as the Antminer S19 XP, Antminer S19j Pro, and Whatsminer M30S++.
https://getblock.net/en/news/compass-mining-to-install-25-000-asic-miners-in-texas
🤝Compass Mining, a cryptocurrency mining company, has announced a partnership with Compute North, a blockchain hosting provider. As part of it, the company will be provided with a 75 MW of capacity at a data center in Granbury, Texas. The expansion involves hosting 25 000 ASIC miners. The equipment includes the latest generation devices such as the Antminer S19 XP, Antminer S19j Pro, and Whatsminer M30S++.
https://getblock.net/en/news/compass-mining-to-install-25-000-asic-miners-in-texas
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📉Analyst Michaël van de Poppe warns of decline in the rates of five altcoins
🤔Cryptocurrency analyst Michaël van de Poppe has shared his prediction on the movement of the rates of five altcoins. He found that the tokens Cardano (ADA), Avalanche (AVAX), Polygon (MATIC), Fantom (FTM), and Zilliqa (ZIL) faced resistance and warned of a possible decline in their rates.
https://getblock.net/en/news/analyst-michael-van-de-poppe-warns-of-decline-in-the-rates-of-five-altcoins
🤔Cryptocurrency analyst Michaël van de Poppe has shared his prediction on the movement of the rates of five altcoins. He found that the tokens Cardano (ADA), Avalanche (AVAX), Polygon (MATIC), Fantom (FTM), and Zilliqa (ZIL) faced resistance and warned of a possible decline in their rates.
https://getblock.net/en/news/analyst-michael-van-de-poppe-warns-of-decline-in-the-rates-of-five-altcoins
✅Unknown investor transferred $1,5 billion worth of bitcoins to Coinbase
💰On July 21, an unknown large bitcoin holder transferred 67 125 coins worth $1,54 billion (at the time of the transaction) to cryptocurrency exchange Coinbase in a series of eight transactions averaging 8390,6 BTC. This is reported by the Whale Alert service. As of July 22, 13:10 UTC, BTC is trading at $23 591, having gained 3,72% per day, according to Binance.
https://getblock.net/en/news/unknown-investor-transferred-15-billion-worth-of-bitcoins-to-coinbase
💰On July 21, an unknown large bitcoin holder transferred 67 125 coins worth $1,54 billion (at the time of the transaction) to cryptocurrency exchange Coinbase in a series of eight transactions averaging 8390,6 BTC. This is reported by the Whale Alert service. As of July 22, 13:10 UTC, BTC is trading at $23 591, having gained 3,72% per day, according to Binance.
https://getblock.net/en/news/unknown-investor-transferred-15-billion-worth-of-bitcoins-to-coinbase
😡Analyst Peter Brandt criticizes Michael Saylor’s statement on bitcoin
💭Cryptocurrency analyst and trader Peter Brandt criticized the CEO of analytics software provider MicroStrategy, Michael Saylor, for saying that bitcoin is secured by energy. Brandt commented on Saylor’s opinion on his Twitter account, writing that the asset is secured with energy only in the sense that it is useless without consuming it exorbitant — “then without providing economic function. It is a huge myth that somehow $BTC is anything but energy consumption,” the analyst added.
https://getblock.net/en/news/analyst-peter-brandt-criticizes-michael-saylors-statement-on-bitcoin
💭Cryptocurrency analyst and trader Peter Brandt criticized the CEO of analytics software provider MicroStrategy, Michael Saylor, for saying that bitcoin is secured by energy. Brandt commented on Saylor’s opinion on his Twitter account, writing that the asset is secured with energy only in the sense that it is useless without consuming it exorbitant — “then without providing economic function. It is a huge myth that somehow $BTC is anything but energy consumption,” the analyst added.
https://getblock.net/en/news/analyst-peter-brandt-criticizes-michael-saylors-statement-on-bitcoin
❌Russia’s ban on paying for goods and services with DFAs and the worst bitcoin sell-off in history. Key events of the week
📈Bitcoin exchange rate has risen by 12,91% over the past seven days. The highest values were reached by the asset on July 20, when 1 BTC was trading at $24 276, the lowest values were registered on July 15 — $20 382 per one coin. The bitcoin exchange rate is $23 549 as of July 22, 10:40 UTC.
📊The total capitalization of the crypto market increased from $0,959 to $1,1 trillion during the week, with bitcoin dominating 40,8%. Ethereum's share is 16,75%.
📃The most important industry news and detailed analysis of the cryptocurrency market read in GetBlock Magazine's weekly review.
https://getblock.net/en/articles/russias-ban-on-paying-for-goods-and-services-with-dfas-and-the-worst-bitcoin-sell-off-in-history-key-events-of-the-week
📈Bitcoin exchange rate has risen by 12,91% over the past seven days. The highest values were reached by the asset on July 20, when 1 BTC was trading at $24 276, the lowest values were registered on July 15 — $20 382 per one coin. The bitcoin exchange rate is $23 549 as of July 22, 10:40 UTC.
📊The total capitalization of the crypto market increased from $0,959 to $1,1 trillion during the week, with bitcoin dominating 40,8%. Ethereum's share is 16,75%.
📃The most important industry news and detailed analysis of the cryptocurrency market read in GetBlock Magazine's weekly review.
https://getblock.net/en/articles/russias-ban-on-paying-for-goods-and-services-with-dfas-and-the-worst-bitcoin-sell-off-in-history-key-events-of-the-week
❌Crypto exchange Coinbase denies rumors of bankruptcy
☝️Representatives of cryptocurrency exchange Coinbase have denied rumors of its possible bankruptcy. According to a blog post, crypto companies facing a liquidity crisis have been overly burdened with short-term liabilities that do not match long-term illiquid assets. Coinbase stressed that the platform had not engaged in these types of risky lending practices.
https://getblock.net/en/news/crypto-exchange-coinbase-denies-rumors-of-bankruptcy
☝️Representatives of cryptocurrency exchange Coinbase have denied rumors of its possible bankruptcy. According to a blog post, crypto companies facing a liquidity crisis have been overly burdened with short-term liabilities that do not match long-term illiquid assets. Coinbase stressed that the platform had not engaged in these types of risky lending practices.
https://getblock.net/en/news/crypto-exchange-coinbase-denies-rumors-of-bankruptcy