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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

With the crypto bulls back in swing, gains can be seen across the crypto spectrum, including those native to NFT-focused networks. FLOW happens to be in this category and a look at its price action has so far bounced back 65% from the bottom of its latest bearish cycle.

Bitcoin price started a downside correction from the USD 24,200 zone and spiked below USD 23,000. It is currently (11:20 UTC) trading near USD 22,600 and is down almost 5% in a day and up 12% in a week.

The Italian government is set to collapse, after three key coalition partners decided to pull their support from Prime Minister Mario Draghi. 

The UK government published its long-awaited Financial Services and Markets Bill, ushering in a new era of scrutiny for the Financial Conduct Authority and the Prudential Regulation Authority.

Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief rally in at least a month. 

cryptocurrency — an explicit prohibition — the Indian government wants a global collaboration if such a ban or prohibition has to be put into effect. Addressing queries pertaining to cryptocurrencies in the Lok Sabha today, finance minister Nirmala Sitharaman said, “Cryptocurrencies are by definition borderless and require international collaboration to prevent regulatory arbitrage. Therefore, any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards.” The RBI has time and again pointed out the problems with digital assets questioning their underlying fundamentals and use cases. The RBI governor Shaktikanta Das has gone on the record to even call it a “real danger” in the annual report of the central bank.

The Reserve Bank of India (RBI) has recommended to the government that it should frame regulations for cryptocurrencies and prohibit them.

Cryptocurrency exchange Bitfinex has donated 36 Bitcoin (BTC) and $600,000 worth of Tether (USDT) to small businesses in El Salvador as part of a broader pledge to support economic development in neighborhoods that have struggled with gang-related violence. 

Polkadot’s native cryptocurrency DOT established a support line near the $6.40 price level after bottoming out in June. It also retested this support level multiple times in the last few weeks. Another retest occurred this week but this time the same support line showed signs of weakness.

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows.

Bitcoin price remained below the USD 20,000 pivot level and even spiked below the USD 19,500 support zone, but the downsides were limited. It is currently (11:45 UTC) consolidating near USD 19,800 and is unchanged in a day and down 2% in a week.

TOKYO—Treasury Secretary Janet Yellen has embarked on an international lobbying blitz for a proposal she says will stave off a global recession, working to address technical and diplomatic challenges to her plan to cap the price of Russian oil.

Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng “CZ” Zhao, the founder and CEO of Binance, asked investors about their interest in trading on the crypto exchange with no fees, the response was a resounding yes despite the inherent risks pointed out by the entrepreneur.

With the bears capping the buying rallies at the $21.6K-mark for over two weeks now, Bitcoin [BTC] steeply slumped in the last five days. The near-term trajectory revealed a bearish edge. Thus, the king coin has been slogging to close above the basis line (green) of its Bollinger Bands(BB).  

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.

Facebook parent company Meta has enabled a group of US creators to show non-fungible tokens (NFTs) on their profiles.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Ethereum's native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.