July 20, 2021

Cryptocurrency Digest Jul 20, 2021: News, Analysis & Opinions

Crypto digest 20 jul 2021

📉 Bitcoin fell below $30,000 today.

🆘 The European Commission drafted a bill that would require companies conducting cryptocurrency transactions to collect the personal data of recipients and senders.

🏦 Rothschild Investment Corp has quadrupled its position in BTC since April. It owns 141,405 shares of GBTC (132.2 BTC).

❌ BlockFi has been banned from bringing in new customers from New Jersey.

⚡️ Circle released USDC collateral data. It has 61% of its assets in cash and cash equivalents.

⚠️ In the coming months, U.S. authorities will release recommendations on the regulation of Stablecoin.

❌ U.S. lawmakers called on the country's Olympic Committee to ban the use of digital yuan in the Chinese Olympics.

💳 Mastercard will make it easier to convert cryptocurrencies into fiat currency.


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Jack Evans

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About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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