unfolded.
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Latest crypto market insights

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Bitcoin difficulty hits a new all-time-high. New difficulty: 17,345,948,872,516 (+9.89%) — link
Ethereum heavily correlated with Bitcoin — 95%
• The transaction volume of DeFi dapps has reached its ATH at $608,230,230.58 on 21 June 2020

• Ethereum doubled (97%) its amount of active dapp user in Q2, with a sharp increase to 1,258,527 this quarter, reached its ATH

• Prior to 15 June, there is an average of 7,682 daily active DeFi dapp users on Ethereum. The number has increased by 48% to 11,230 active users after the release of the COMP token — Q2 Dapp Market Report
Compound tops $1 billion in crypto loans — link
The Bank of England is reviewing whether it should create a central bank-backed digital currency — link
Global $BTC open interest
A total of 28 companies provide custody services for digital assets to institutional clients — link
Hodlers can donate crypto to charity to minimize tax payment — link
Crypto taxation in South Korea could increase to 20% for capital gains — link
PayPal reveals that it is developing crypto capabilities — link
Ether futures total open interest moving closer to all-time-high
Cryptocurrency exchanges have seen 147,000 $BTC from high-risk addresses flow into their platforms in the past six months.

Huobi, Binance and OKEx were top three recipients of these high-risk assets, taking in about 90k $BTC combined and accounting for over 60% of the total amount. — link
Binance rolling out crypto card for EU, UK markets — link
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BitGo releases crypto wallet compliance tool for FATF's travel rule — link
After it took 5 years for stablecoin supply to reach 6 billion, it only took another 4 months for it to grow from 6 billion to 12 billion following the March 12th crypto crash — coinmetrics
In June 2020, the amount of value transferred using stablecoins eclipsed the amount transferred using $BTC for the first time — link
China to test digital Yuan on Tencent-backed food delivery platform — link
Japanese banking giant to issue its own stablecoin in late 2020 — link
Revolut partners with Paxos to bring cryptocurrency trading to the US — link