What happened last week ?
- Tether FUD intensified by DOJ pressure on Tether executives
- Amazon fake news have pushed the market up before correcting
- Kazakhstan allow bank Accounts for Cryptocurrency and extend their cryptomining friendly policy
- Goldman Sachs’ blockchain, DeFi ETF is not related to any DeFi services but to public companies stock using blockchain technologies.
- Elon Musk said that Tesla will likely start accepting bitcoin for vehicle purchases again
- Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges.
- After UniSwap, Ethereum Layer-2 solution Arbitrum attract reddit
- Shopify to Allow Merchants to Sell NFTs Directly Through Their Stores.
- FireBlocks infrastructure provider for digital assets, has raised $310 million in a Series D from Sequoia Capital, Stripe, Spark Capital, Coatue, DRW Venture capital and SCB 10X
Amazon denies report of accepting bitcoin as payment
Amazon.com Inc <a href=“https://www.reuters.com/companies/AMZN.O” target=“_blank”>(AMZN.O)</a> on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year.
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Kazakhstan to reportedly allow banks to process crypto purchases
Several banks in Kazakhstan will reportedly be officially approved to service companies allowing customers to invest in cryptocurrencies like Bitcoin.
Helen Partz
Goldman Sachs files to create an ETF dedicated to DeFi and blockchain stocks
Goldman Sachs is aiming to create an exchange-traded fund dedicated to decentralized finance and blockchain technology, a regulatory filing on Monday shows.
Camomile Shumba
Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens – Bitcoin News
On July 22, Reddit developers revealed that the team was scaling the community points program with the Ethereum Layer-2 solution Arbitrum.
Jamie Redman
Shopify allows merchants to sell NFTs directly through their storefronts – TechCrunch
The NBA’s Chicago Bulls launched its first-ever NFTs –– including digital artwork of NBA championship rings –– by launching an online store on Shopify.
Mary Ann Azevedo
BNY-Backed Crypto Platform Fireblocks Seals Unicorn Status
Fireblocks has raised $310 million in a series D round that values the digital-asset platform at $2 billion, sealing its status as a unicorn.
Joanna Ossinger
MARKETS
Crypto Charts 28
Bitcoin bearish long term chartLast time we mentioned > ‘A break of 28950 should see an acceleration to the downside . Failure to breakthere and a move back above 31895 would signal that a larger triangle correctionis playing out with a test of the 35750 / 36510 area.’ Since my last update we r…
Matthew Clark
REGULATIONS
U.S. Treasury Sec. Janet Yellen tells regulators to ‘act quickly’ on stablecoin rules: https://t.co/4rXAvbUCvm @KenzieSigalos pic.twitter.com/OYJWooFniG
— CNBC (@CNBC) July 20, 2021
BlockFi Is in Regulators’ Crosshairs. DeFi Is Next - CoinDesk
The DeFi industry should watch closely the regulatory actions taken against BlockFi and the securities questions being raised.
Sebastian Sinclair
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments – Regulation Bitcoin News
Bank of Russia has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges.
Lubomir Tassev
OPINIONS
Hedge Funds Seek the Amazon of Cryptocurrencies
Finance billionaires are betting increased regulation will broaden participation on digital currency exchanges.
Mark Gilbert
PODCASTS / READING
Track 2 Bitcoin As A Tool For Economic Empowerment
The ₿ Word is a Bitcoin focused initiative that aims to explain how institutions can embrace Bitcoin and how we all can support the network.
The Investment Implications of Ethereum Improvement Proposal 1559
