POKKET: Crypto Market Update (July 29)
Bitcoin is +1.8% to trade just at $40k, ETH is flat at $2300. Movers are LINA +15%, RSR +11%, POWR +10%, otherwise quiet.
Senator Warren makes more comments in a segment on CNBC, reiterating much of the same but also let slip up she feels digital currency “may be an answer to help the unbanked into the financial system”.
New Jersey is giving BlockFi another month before they ban new account openings.
PayPal’s Q2 crypto related transaction revenues rose 17%, topping earnings estimates.
Bitcoin is finally set to see a mining difficulty adjustment of +4.5% around July 31 after having four consecutive negative difficulty adjustments amounting to -45% since the China crackdown in May.
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