📈Market Overview
Bitcoin was rejected once again near the $9,300 resistance.
After yet another failure near $9,300, BTC started a sharp decline. It broke the $9,200 support and the 100 hourly SMA. The price even broke the $9,000 level and traded as low as $8,933.
Bitcoin is currently correcting higher above the $9,000 pivot level.
Market capitalization: $271.64B (-0.54%)
The BTC dominance: 61.74% (-0.44%)
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Fantom (FTM) +44.00%
Content Value (CVNT) +22.79%
Just (JST) +20.77%
👉 Top Losers
Ampleforth (AMPL) -30.88%
IoT Chain (ITC) -21.57%
PlayFuel (PLF) -21.40%
BTC Futures
Aggregated Volume — $9.89B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
Bitcoin was rejected once again near the $9,300 resistance.
After yet another failure near $9,300, BTC started a sharp decline. It broke the $9,200 support and the 100 hourly SMA. The price even broke the $9,000 level and traded as low as $8,933.
Bitcoin is currently correcting higher above the $9,000 pivot level.
Market capitalization: $271.64B (-0.54%)
The BTC dominance: 61.74% (-0.44%)
Fear & Gread Index: 41 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Fantom (FTM) +44.00%
Content Value (CVNT) +22.79%
Just (JST) +20.77%
👉 Top Losers
Ampleforth (AMPL) -30.88%
IoT Chain (ITC) -21.57%
PlayFuel (PLF) -21.40%
BTC Futures
Aggregated Volume — $9.89B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 The U.S. Internal Revenue Service Wants to Know More About Privacy-Enhancing Crypto Coins, Tools — link
#2 Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade — link
#3 Bank of Japan Will Begin Experimenting With a Digital Yen — link
#4 Bitcoin Data Not Protected by 4th Amendment, Appeals Court Rules — link
#5 Huobi Becomes First Major Exchange to Run a Chainlink Node — link
#6 Alibaba Leads Blockchain Patent Race — link
#7 MetaMask Unveils New Ethereum Wallet, Updates Privacy Features — link
👉https://cryptorank.io/news
#1 The U.S. Internal Revenue Service Wants to Know More About Privacy-Enhancing Crypto Coins, Tools — link
#2 Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade — link
#3 Bank of Japan Will Begin Experimenting With a Digital Yen — link
#4 Bitcoin Data Not Protected by 4th Amendment, Appeals Court Rules — link
#5 Huobi Becomes First Major Exchange to Run a Chainlink Node — link
#6 Alibaba Leads Blockchain Patent Race — link
#7 MetaMask Unveils New Ethereum Wallet, Updates Privacy Features — link
👉https://cryptorank.io/news
Monthly Derivatives Volume Dropped by 43% in June
According to the latest data from CryptoRank.io, in June, derivatives exchanges saw the lowest monthly trading volume in 2020 worth of $367B.
This result represents a drop of 43% compared to the May's all-time high $641B.
Top exchanges by monthly volume are Huobi, OKEx, Binance, and BitMEX:
Huobi, $237B —> $108B or -54%;
OKEx, $150B —> $106B or -29%;
Binance, $139B —> $89B or -36%;
BitMEX , $82B —> $46B or -44%.
👉 https://cryptorank.io/derivatives-analytics/bitcoin
According to the latest data from CryptoRank.io, in June, derivatives exchanges saw the lowest monthly trading volume in 2020 worth of $367B.
This result represents a drop of 43% compared to the May's all-time high $641B.
Top exchanges by monthly volume are Huobi, OKEx, Binance, and BitMEX:
Huobi, $237B —> $108B or -54%;
OKEx, $150B —> $106B or -29%;
Binance, $139B —> $89B or -36%;
BitMEX , $82B —> $46B or -44%.
👉 https://cryptorank.io/derivatives-analytics/bitcoin
Dapp Volume Hit $12 Billion in Q2 2020
According to DappRadar, transaction volumes for decentralized applications reached ≈ $12.44B in Q2 of 2020 with most of it passing through Ethereum.
This development represents an increase of 36% compared to the $7.94M in Q1.
Ethereum dapps accounted for 82% of the total volume. The most valuable Dapp by volume was Compound with its $1.2B.
According to DappRadar, transaction volumes for decentralized applications reached ≈ $12.44B in Q2 of 2020 with most of it passing through Ethereum.
This development represents an increase of 36% compared to the $7.94M in Q1.
Ethereum dapps accounted for 82% of the total volume. The most valuable Dapp by volume was Compound with its $1.2B.
Elrond To Launch Mainnet on July 30th!
✔️Over the next 4 weeks Elrond will continue to announce new exciting collaborations, increasing Elrond’s exposure and momentum in preparation for the mainnet launch.
✔️Genesis Staking 2.0 is now live! Genesis Staking on-boarders are rewarded by the protocol for securing the network with 25% APR before launch, 29% for Delegators & 36% for Validators. Staking is now live and available on a first-come, first-served basis.
👉 https://elrond.com/blog/zero-to-one
✔️Over the next 4 weeks Elrond will continue to announce new exciting collaborations, increasing Elrond’s exposure and momentum in preparation for the mainnet launch.
✔️Genesis Staking 2.0 is now live! Genesis Staking on-boarders are rewarded by the protocol for securing the network with 25% APR before launch, 29% for Delegators & 36% for Validators. Staking is now live and available on a first-come, first-served basis.
👉 https://elrond.com/blog/zero-to-one
📈Market Overview
Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low. The price surged above the 100 hourly SMA at $9,100, plus broke a crucial bearish trend line at $9,120 on the hourly chart.
If Bitcoin fails to clear $9,200, it could start another decrease. A daily close below the $9,000 support zone will most likely open the doors for a downward move towards $8,800.
Market capitalization: $275.90B (+1.29%)
The BTC dominance: 61.32% (-0.19%)
Fear & Gread Index: 40 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bytom (BTM) +18.45%
Voyager Token (VGX) +16.04%
Reserve Rights (RSR) +15.86%
👉 Top Losers
Time New Bank (TNB) -17.17%
WeShow Token (WET) -12.60%
Celsius (CEL) -12.15%
BTC Futures
Aggregated Volume — $8.37B
Aggregated Open Interest — $3.07B
👉 Derivatives Market Analytics
Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low. The price surged above the 100 hourly SMA at $9,100, plus broke a crucial bearish trend line at $9,120 on the hourly chart.
If Bitcoin fails to clear $9,200, it could start another decrease. A daily close below the $9,000 support zone will most likely open the doors for a downward move towards $8,800.
Market capitalization: $275.90B (+1.29%)
The BTC dominance: 61.32% (-0.19%)
Fear & Gread Index: 40 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bytom (BTM) +18.45%
Voyager Token (VGX) +16.04%
Reserve Rights (RSR) +15.86%
👉 Top Losers
Time New Bank (TNB) -17.17%
WeShow Token (WET) -12.60%
Celsius (CEL) -12.15%
BTC Futures
Aggregated Volume — $8.37B
Aggregated Open Interest — $3.07B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Brock Pierce Jumps Into 2020 US Presidential Election Last Minute — link
#2 NYDIG’s $190m Bitcoin Fund Makes it One of The Biggest Crypto Players — link
#3 CBDC is the Most Important Trend in Payments Says Visa Crypto Chief — link
#4 Philippines' SEC Just Denounced the Top Ethereum Dapp as a Ponzi — link
#5 Crypto Social Media Platform Voice Finally Launches on EOS — link
#6 Tron is the Fourth Blockchain to Receive a Coveted Twitter Emoji — link
👉https://cryptorank.io/news
#1 Brock Pierce Jumps Into 2020 US Presidential Election Last Minute — link
#2 NYDIG’s $190m Bitcoin Fund Makes it One of The Biggest Crypto Players — link
#3 CBDC is the Most Important Trend in Payments Says Visa Crypto Chief — link
#4 Philippines' SEC Just Denounced the Top Ethereum Dapp as a Ponzi — link
#5 Crypto Social Media Platform Voice Finally Launches on EOS — link
#6 Tron is the Fourth Blockchain to Receive a Coveted Twitter Emoji — link
👉https://cryptorank.io/news
The RiveX [RVX] price continues to rise. RVX is now trading at $0.28, peaking at $0.324.
The market capitalization is $2.28M. The RiveX token is now trading at ~ 8x in USD from the listing on BitMax price.
The market capitalization is $2.28M. The RiveX token is now trading at ~ 8x in USD from the listing on BitMax price.
USD Coin Market Cap Crossed $1 Billion for the First Time
The market cap of USD Coin (USDC), the stablecoin issued by the Centre consortium backed by Coinbase and Circle, has passed $1 billion and it's now $1.038B.
This development represents a growth of 211% compared to the $334M in July 2019 and a 100% increase from the beginning of 2020.
Despite the growth, USDC is still far behind Tether, which market cap has surpassed $10B last week.
The market cap of USD Coin (USDC), the stablecoin issued by the Centre consortium backed by Coinbase and Circle, has passed $1 billion and it's now $1.038B.
This development represents a growth of 211% compared to the $334M in July 2019 and a 100% increase from the beginning of 2020.
Despite the growth, USDC is still far behind Tether, which market cap has surpassed $10B last week.
Arca Labs Launches Ethereum-Based SEC-Registered Fund — link
The launch marks the first time the crypto-skeptical SEC has allowed a fund represented by cryptographics tokens to enter the investment markets under the Investment Company Act of 1940
The launch marks the first time the crypto-skeptical SEC has allowed a fund represented by cryptographics tokens to enter the investment markets under the Investment Company Act of 1940
Third Round of “Trading Regatta” Competition is Live on BitMax
🔹 CryptoRank kindly reminds traders that Round 3 "Last 49 Challengers" has started today.
‼️ 49 traders will be selected for the final showdown.
🔹 All qualified traders from Round 1 and Round 2 will be ranked based on the weighted factors:
✔️ Influence (by votes on social media platforms & communities) -10%;
✔️ Total number of subscribers - 40%;
✔️ Trading volume of trader - 20%;
✔️ Total trading volume of followers/subscribers - 30%.
Read the instructions 👉 link
🔹 CryptoRank kindly reminds traders that Round 3 "Last 49 Challengers" has started today.
‼️ 49 traders will be selected for the final showdown.
🔹 All qualified traders from Round 1 and Round 2 will be ranked based on the weighted factors:
✔️ Influence (by votes on social media platforms & communities) -10%;
✔️ Total number of subscribers - 40%;
✔️ Trading volume of trader - 20%;
✔️ Total trading volume of followers/subscribers - 30%.
Read the instructions 👉 link
📈Market Overview
Yesterday, Bitcoin started a steady rise and surpassed the main $9,250 and $9,300 resistance levels. A new weekly high is formed near $9,372 and the price is currently correcting lower.
The major support is near the $9,275 level. It is close to the 50% Fib retracement level of the recent rise from the $9,178 to $9,372. On the upside, the $9,350 and $9,375 levels are short-term hurdles.
Market capitalization: $280.27B (+1.69%)
The BTC dominance: 60.94% (-0.72%)
Fear & Gread Index: 43 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Aave (LEND) +25.40%
Dogecoin (DOGE) +22.56%
XMax (XMX) +21.25%
👉 Top Losers
Xensor (XSR) -9.23%
Apix (APIX) -8.56%
Bytom (BTM) -8.54%
BTC Futures
Aggregated Volume — $9.68B
Aggregated Open Interest — $3.23B
👉 Derivatives Market Analytics
Yesterday, Bitcoin started a steady rise and surpassed the main $9,250 and $9,300 resistance levels. A new weekly high is formed near $9,372 and the price is currently correcting lower.
The major support is near the $9,275 level. It is close to the 50% Fib retracement level of the recent rise from the $9,178 to $9,372. On the upside, the $9,350 and $9,375 levels are short-term hurdles.
Market capitalization: $280.27B (+1.69%)
The BTC dominance: 60.94% (-0.72%)
Fear & Gread Index: 43 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Aave (LEND) +25.40%
Dogecoin (DOGE) +22.56%
XMax (XMX) +21.25%
👉 Top Losers
Xensor (XSR) -9.23%
Apix (APIX) -8.56%
Bytom (BTM) -8.54%
BTC Futures
Aggregated Volume — $9.68B
Aggregated Open Interest — $3.23B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US ‘PPP’ Bailout Loans — link
#2 Brazil Regulators Block Binance from Offering Derivatives in the Country — link
#3 Telegram Will Shut Down the TON Testnet by August 2020 — link
#4 Travala.com Lets Travelers Once Again Book Expedia Hotels in Crypto — link
#5 Three Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income — link
#6 Iran Gives Crypto Miners One Month to Register With the State — link
#7 Chinese Courts Use Blockchain-Based Electronic Seals to Secure Properties — link
#8 Bitcoin’s Lightning Network Is Vulnerable to ‘Looting’: New Research Explains — link
👉https://cryptorank.io/news
#1 ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US ‘PPP’ Bailout Loans — link
#2 Brazil Regulators Block Binance from Offering Derivatives in the Country — link
#3 Telegram Will Shut Down the TON Testnet by August 2020 — link
#4 Travala.com Lets Travelers Once Again Book Expedia Hotels in Crypto — link
#5 Three Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income — link
#6 Iran Gives Crypto Miners One Month to Register With the State — link
#7 Chinese Courts Use Blockchain-Based Electronic Seals to Secure Properties — link
#8 Bitcoin’s Lightning Network Is Vulnerable to ‘Looting’: New Research Explains — link
👉https://cryptorank.io/news
Futures vs Perpetual Swaps BTC Volume By Top Crypto Exchanges
According to CryptoRank data, exchanges which offer both, futures and perpetual swaps BTC market, demonstrate significant dominance of perpetual swap volume for 24H: $3.34B vs $4.88B.
Huobi - $1.53B vs $1.03B;
OKEx - $1.38B vs $0.73B;
Binance - $0.32B vs $1.73B;
BitMEX - $0.06B vs $1.15B;
FTX - $30M vs $140M;
Deribit - $20M vs $100M.
👉 CryptoRank’s Derivative Analytics allows you to separate Futures Volume from Perpetual Swaps, as well as Open Interest and market share for each exchange
According to CryptoRank data, exchanges which offer both, futures and perpetual swaps BTC market, demonstrate significant dominance of perpetual swap volume for 24H: $3.34B vs $4.88B.
Huobi - $1.53B vs $1.03B;
OKEx - $1.38B vs $0.73B;
Binance - $0.32B vs $1.73B;
BitMEX - $0.06B vs $1.15B;
FTX - $30M vs $140M;
Deribit - $20M vs $100M.
👉 CryptoRank’s Derivative Analytics allows you to separate Futures Volume from Perpetual Swaps, as well as Open Interest and market share for each exchange
Orion Protocol to Deploy Liquidity Aggregation & DeFi Products on Elrond Mainnet
Orion Protocol is one of the emerging players in the DeFi space will leverage Elrond comprehensive toolset and scalable architecture to deploy their liquidity aggregation capabilities.
‼️ The important milestones Orion will focus on are as follows:
▪️ Orion Terminal deployed on Elrond;
▪️ ETH Bridge & Metamask integration;
▪️ Orion Broker network integration;
▪️ DeFi Wallets & Assets.
👉 https://bit.ly/3iE6mCN
Orion Protocol is one of the emerging players in the DeFi space will leverage Elrond comprehensive toolset and scalable architecture to deploy their liquidity aggregation capabilities.
‼️ The important milestones Orion will focus on are as follows:
▪️ Orion Terminal deployed on Elrond;
▪️ ETH Bridge & Metamask integration;
▪️ Orion Broker network integration;
▪️ DeFi Wallets & Assets.
👉 https://bit.ly/3iE6mCN
BitMax Holds an Event with Total Insolar Token Rewards ~ $12k
🔹To celebrate the launch of Insolar (XNS) Pre-Staking, Bitmax holds the event with total token rewards worth of ~ 12k USDT (or ~ 14,000 XNS).
🔹To receive a share of the reward pool, users need to complete tasks:
✔️XNS Net Deposit ≥ 400 XNS;
✔️Average Staking Quantity ≥ 400 XNS;
✔️Create a new XNS mainnet wallet and transfer ≥ 1 XNS;
✔️Follow BitMax or Insolar on Twitter and retweet this event;
✔️Join BitMax Telegram & Insolar Telegram.
🔹Rewards:
✔️Users who complete 3 tasks will share 2000 XNS.
✔️Users who complete 4 tasks will share 4000 XNS.
✔️Users who complete 5 tasks will share 8000 XNS.
‼️The event will run from July 7th to July 14th.
Details 👉 https://bit.ly/3f8VURs
🔹To celebrate the launch of Insolar (XNS) Pre-Staking, Bitmax holds the event with total token rewards worth of ~ 12k USDT (or ~ 14,000 XNS).
🔹To receive a share of the reward pool, users need to complete tasks:
✔️XNS Net Deposit ≥ 400 XNS;
✔️Average Staking Quantity ≥ 400 XNS;
✔️Create a new XNS mainnet wallet and transfer ≥ 1 XNS;
✔️Follow BitMax or Insolar on Twitter and retweet this event;
✔️Join BitMax Telegram & Insolar Telegram.
🔹Rewards:
✔️Users who complete 3 tasks will share 2000 XNS.
✔️Users who complete 4 tasks will share 4000 XNS.
✔️Users who complete 5 tasks will share 8000 XNS.
‼️The event will run from July 7th to July 14th.
Details 👉 https://bit.ly/3f8VURs
Ethereum Closed Second Quarter With +68.9% Price Gain 📣
Q2 of 2020, marked for $ETH with the boom of DeFi projects built on Ethereum blockchain, ended with + 68.9% return.
More importantly, that for 6 months, Ether has outperformed Bitcoin in terms of YTD performance: 84% vs 29%.
As we mentioned before, Q2 is historically the best three months for Ether: since 2016 no one Q2 has delivered a negative return.
However, from the same historical perspective, the third quarter of 2020 could be more challenging.
You can see a new report on CryptoRank - Ethereum Quarterly Returns
👉 https://cryptorank.io/currencies/ethereum/price-chart
Q2 of 2020, marked for $ETH with the boom of DeFi projects built on Ethereum blockchain, ended with + 68.9% return.
More importantly, that for 6 months, Ether has outperformed Bitcoin in terms of YTD performance: 84% vs 29%.
As we mentioned before, Q2 is historically the best three months for Ether: since 2016 no one Q2 has delivered a negative return.
However, from the same historical perspective, the third quarter of 2020 could be more challenging.
You can see a new report on CryptoRank - Ethereum Quarterly Returns
👉 https://cryptorank.io/currencies/ethereum/price-chart
📈Market Overview
Yesterday, Bitcoin traded as high as $9,377 before starting a downside correction. A low is formed near $9,205 and BTC is currently trading at $9,285.
The $9,300 zone is once again acting as a resistance for the bulls. If BTC continues higher above $9,300, it is likely to break the $9,377 high.
Market capitalization: $284.25B (+1.41%)
The BTC dominance: 60.23% (-1.17%)
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Dogecoin (DOGE) +44.71%
Cardano (ADA) +24.18%
Unibright (UBT) +23.87%
👉 Top Losers
DMM: Governance (DMM) -15.27%
WeShow Token (WET) -13.98%
Nimiq (NIM) -7.69%
BTC Futures
Aggregated Volume — $5.83B
Aggregated Open Interest — $3.25B
👉 Derivatives Market Analytics
Yesterday, Bitcoin traded as high as $9,377 before starting a downside correction. A low is formed near $9,205 and BTC is currently trading at $9,285.
The $9,300 zone is once again acting as a resistance for the bulls. If BTC continues higher above $9,300, it is likely to break the $9,377 high.
Market capitalization: $284.25B (+1.41%)
The BTC dominance: 60.23% (-1.17%)
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Dogecoin (DOGE) +44.71%
Cardano (ADA) +24.18%
Unibright (UBT) +23.87%
👉 Top Losers
DMM: Governance (DMM) -15.27%
WeShow Token (WET) -13.98%
Nimiq (NIM) -7.69%
BTC Futures
Aggregated Volume — $5.83B
Aggregated Open Interest — $3.25B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges — link
#2 Argentina Sets New Bitcoin Trading Record as Economy Worsens — link
#3 CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets — link
#4 South Korea Considers Blockchain-Run Free Trade Zone — link
#5 New Kyber Upgrade Deployed to the Ethereum Mainnet — link
👉https://cryptorank.io/news
#1 FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges — link
#2 Argentina Sets New Bitcoin Trading Record as Economy Worsens — link
#3 CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets — link
#4 South Korea Considers Blockchain-Run Free Trade Zone — link
#5 New Kyber Upgrade Deployed to the Ethereum Mainnet — link
👉https://cryptorank.io/news
Cardano is Now the 6th Biggest Crypto After Big Price Jump
Since the beginning of July, Cardano (ADA) has been on a significant uptrend, adding ~ 60% to its value.
ADA is currently up 24.68% in the last day alone, pushing its market capitalization up to $3.45 billion.
Moreover, ADA is showing +300% YTD performance, and is by far the best performing large-cap crypto in 2020.
👉 https://cryptorank.io/currencies/cardano/price-chart
Since the beginning of July, Cardano (ADA) has been on a significant uptrend, adding ~ 60% to its value.
ADA is currently up 24.68% in the last day alone, pushing its market capitalization up to $3.45 billion.
Moreover, ADA is showing +300% YTD performance, and is by far the best performing large-cap crypto in 2020.
👉 https://cryptorank.io/currencies/cardano/price-chart
