Cryptocurrency Digest Jul 26, 2021: News, Analysis & Opinions
🚀 Bitcoin rose to $40,000 today, after which it rolled back a bit. On Binance Futures the price of BTC reached $48,000.
✅ Amazon may start accepting bitcoin by the end of this year.
🆘 Tether executives are suspected of bank fraud, Bloomberg reported.
💡 Tether said Bloomberg manipulated outdated information by presenting it as new.
💸 Liquidation of margin positions totaled over $1 billion in 24 hours.
〽️ FTX and Binance decided to reduce leverage to 20x.
❌ Binance will limit leveraged trading in pound sterling, euro and Australian dollar pairs.
📈 The number of cryptocurrencies worldwide increased by 71.73% to 24,030 units in 2021.
🚧 Bobby Li estimates a total ban on cryptocurrency ownership in China at 50%.
📉 CoinShares recorded its third consecutive week of crypto fund outflows.