Crypto Market Rallies Following Fed Rate Hike | Curated CoinCodeCap #28 July 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Crypto Market Rallies Following Fed Rate Hike
In its continuing effort to tackle the surging US inflation, the Federal Reserve on Wednesday decided to raise the interest rate by another 75 basis points. This was the second straight 75 basis point increase and marked the fourth rate hike in 2022. How much has this decision affected the crypto market and the prices of the tokens? Keep Reading »
FTC Sues Meta For Buying Up Competition
Antitrust investigators are becoming increasingly interested in Meta’s strategy of purchasing rivals in emerging areas. The Federal Trade Commission filed a lawsuit to prevent Facebook owner Meta from acquiring Within Unlimited, the firm that creates the virtual reality exercise program Supernatural. Keep Reading »
UK Law Commission Proposes to Extend Britain’s Property Rules to Cover Crypto, NFT
On July 28, U.K. Law Commission launched a proposal announcing its interest in extending property rules in Britain to cover crypto and non-fungible tokens (NFT). The Commission states the new proposal aims to deliver wider recognition and legal protections for digital assets, allowing a more diverse range of people and companies to interact online and benefit from them. Keep Reading »
CoinCodeCap's Weekly Issue 13
Cryptocurrency exchange CoinFLEX is facing a huge crisis as one of its users, Roger Ver owes them $47 million. However, further investigation reveals that the investor holds the Flex coin of the exchange in collateral. Therefore, the total amount that Roger owes to CoinFLEX is $84 million. Keep Reading »
Market Updates
ENJ Price Analysis July 2022
ENJ is a token of the platform Enjin. Its current price is around $0.5441 by the time of writing, with a low of $0.3824, and its market cap is 487 million dollars. Keep Reading »
ZIL Price Analysis July 2022
ZIL is a token of the platform Zilliqa. Its current price is around $0.03678 by the time of writing, with a low of $0.029, and its market cap is 481 million dollars. Keep Reading »
KLAY Price Analysis July 2022
KLAY is a token of the platform Klaytn. Its current price is around $0.2448 by the time of writing, with a low of $0.2144, and has a market cap of 719 million dollars. Keep Reading »
LRC Price Analysis July 2022
LRC is a token of platform Loopring. Its current price is around $0.4316 by the time of writing, with a low of $0.2013, and has a market cap of 570 million dollars. Keep Reading »
Crypto to Look Out for this Week: BTC, ETH, BSV, ICX, NEO
The price of cryptocurrencies has dropped by 60% in the last few months. This has made it hard to deny that we are in a bear market. The prices for smaller assets such as ZCash also decreased by over 80%, and other significant drops were noted across the board. Keep Reading »
Top 3 Metaverse Crypto to Look Out for in June 2022: ONT, APE, MANA
ONT is the cryptocurrency of Ontology, a distributed ledger technology that uses consensus protocols and verifiable rules to ensure security & integrity. The price of Ontology will most likely increase in the future and is expected to be a good investment. ONT is built on the Ontology Blockchain. It is a high-speed, low-cost public chain that provides decentralized identity and data solutions to other chains in Web3. Keep Reading »
Crypto Gambling Coins to Look Out for This Week
Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »
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