Decline in GDP not Indicative of Recession, says White House | Curated CoinCodeCap #25 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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Taiwan Announces ban on Crypto Purchases using Credit Cards
Taiwan’s Security watchdog-Financial Supervisory Commission (FSC), to ban banned cryptocurrency transactions with credit cards in the country. FSC revealed that it had issued a letter to the regional banking association earlier this month, demanding credit card companies not to grant “merchant status” to virtual asset providers. Keep Reading »
Decline in GDP not Indicative of Recession, says White House
The United States is in a recession- a fact known and acknowledged by economists worldwide. However, the Biden Administration and its White House Council of Economic Advisers believe the GDP decline is not indicative of a recession. Keep Reading »
Voyager Declines Alameda-FTX Proposal to buy its Assets, Calls it a Low-ball bid
Battered crypto lender Voyager Digital has rejected the buyout offer of Sam Bankman Fried’s FTX and its investment firm Alameda Ventures. The crypto lender has described the offer as “not value-maximizing” and called it a low-ball bid. 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
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 »
NEO Price Analysis July 2022
NEO is a coin of the platform Neo. Its current price is around $9.95 by the time of writing, with a low of $7.83, and has a market cap of 700 million dollars. Keep Reading »
GMT Price Analysis July 2022
GMT is a token of the platform Stepn. Its current price is around $1.00 by the time of writing, with a low of $0.1003, and has a market cap of 600 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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