Cryptocurrency Digest Jul 21, 2021: News, Analysis & Opinions

📉 The price of GPUs dropped by $200-$500 in July. However, the prices are still much higher than those recommended by the manufacturers.

💵 ARK Invest bought another 210,681 shares of Coinbase for $47.39 million and 450,224 shares of GBTC for $10.8 million.

💰 FTX raised $900 million in a Series B investment round at a valuation of $18 billion.

✅ Bitstamp added support for EURT, which is Tether's Euro-backed steblecoin.

❌ In Europe they propose to ban the anonymous use of cryptocurrencies and anonymous wallets.

🏦 BNY Mellon has joined State Street in developing the Pure Digital crypto platform.

⛏ Bitcoin mining has become more environmentally friendly.


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Jack Evans

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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