​Bitcoin Closed Second Quarter With +42% Price Gain 📣

Quarter two of 2020, marked with the landmark event for Bitcoin - third halving, ended with + 42% return.

As we mentioned before, Q2 is historically the best three months for BTC: since 2013, just one Q2 has delivered a negative return.

You can see a new report on CryptoRank - Bitcoin Quarterly Returns
👉 https://cryptorank.io/currencies/bitcoin/price-chart

​YTD Returns on 1000$ Invested in BTC vs. Major Indexes 🚀

Despite the Bitcoin was not found as a safe haven in 2020, it still outperforms the major indexes.

This infographic lets you see how rich you’d be now if you’d invested in Bitcoin or Major Indexes at the beginning of the year.

​The Latest Breaking News 📣

#1 Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending — link

#2 U.S. Senators Explore What a Digital Dollar Would Look Like in Practice — link

#3 Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi — link

#4 Brazil Eases WhatsApp Ban — But It’s Still Suspended — link

#5 Bitcoin Investments are Now Doubling Among Boomers, Gen X — link

#6 Report: Japanese Blockchain Sector Grows Over 30% Since 2019 — link

#7 Bitcoin Exchange LocalBitcoins Revenues up, Despite Losing Ground to Paxful — link

#8 Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close — link

👉https://cryptorank.io/news

​​Tether Market Cap Crossed $10B for The First Time

The market cap of leading stablecoin Tether (USDT) has surpassed $10 billion and it's now $10.26B.

Tether’s $10 billion market cap comes after year-to-date growth of 116% — with Tether representing $4.74 billion at the start of 2020.

​The Latest Breaking News 📣

#1 The U.S. Internal Revenue Service Wants to Know More About Privacy-Enhancing Crypto Coins, Tools — link

#2 Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade — link

#3 Bank of Japan Will Begin Experimenting With a Digital Yen — link

#4 Bitcoin Data Not Protected by 4th Amendment, Appeals Court Rules — link

#5 Huobi Becomes First Major Exchange to Run a Chainlink Node — link

#6 Alibaba Leads Blockchain Patent Race — link

#7 MetaMask Unveils New Ethereum Wallet, Updates Privacy Features — link

👉https://cryptorank.io/news

​Dapp Volume Hit $12 Billion in Q2 2020

According to DappRadar, transaction volumes for decentralized applications reached ≈ $12.44B in Q2 of 2020 with most of it passing through Ethereum.

This development represents an increase of 36% compared to the $7.94M in Q1.

Ethereum dapps accounted for 82% of the total volume. The most valuable Dapp by volume was Compound with its $1.2B.

​📈Market Overview

Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low.

The price surged above the 100 hourly SMA at $9,100, plus broke a crucial bearish trend line at $9,120 on the hourly chart.

If Bitcoin fails to clear $9,200, it could start another decrease. A daily close below the $9,000 support zone will most likely open the doors for a downward move towards $8,800.

Market capitalization: $275.90B (+1.29%)
The BTC dominance: 61.32% (-0.19%)
Fear & Gread Index: 40 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Bytom (BTM) +18.45%
Voyager Token (VGX) +16.04%
Reserve Rights (RSR) +15.86%

👉 Top Losers

Time New Bank (TNB) -17.17%
WeShow Token (WET) -12.60%
Celsius (CEL) -12.15%

BTC Futures

Aggregated Volume — $8.37B
Aggregated Open Interest — $3.07B

👉 Derivatives Market Analytics

👉 https://cryptorank.io/news

​USD Coin Market Cap Crossed $1 Billion for the First Time

The market cap of USD Coin (USDC), the stablecoin issued by the Centre consortium backed by Coinbase and Circle, has passed $1 billion and it's now $1.038B.

This development represents a growth of 211% compared to the $334M in July 2019 and a 100% increase from the beginning of 2020.

Despite the growth, USDC is still far behind Tether, which market cap has surpassed $10B last week.

​Situation remains the same for Bitcoin despite seeing a bounce from yesterdays low around 8900$ ; We are currently testing resistance around 9300$ again . As shown in the chart , there is a few coinciding resistances here that bitcoin would need to shatter to see a continued uptrend .
https://www.tradingview.com/x/o0NWh4Kv/
1: https://www.tradingview.com/x/o0NWh4Kv/
ߋ premiumsignalsforward

[BTCUSDT] Near Horizontal Resistance (1h)

​ETH is in full send mode. Prepare for some more fireworks
https://www.tradingview.com/x/fFJ68N6D/
ߋ alphatradezone

​📈Market Overview

Yesterday, Bitcoin started a steady rise and surpassed the main $9,250 and $9,300 resistance levels. A new weekly high is formed near $9,372 and the price is currently correcting lower.

The major support is near the $9,275 level. It is close to the 50% Fib retracement level of the recent rise from the $9,178 to $9,372. On the upside, the $9,350 and $9,375 levels are short-term hurdles.

Market capitalization: $280.27B (+1.69%)
The BTC dominance: 60.94% (-0.72%)
Fear & Gread Index: 43 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Aave (LEND) +25.40%
Dogecoin (DOGE) +22.56%
XMax (XMX) +21.25%

👉 Top Losers

Xensor (XSR) -9.23%
Apix (APIX) -8.56%
Bytom (BTM) -8.54%

BTC Futures

Aggregated Volume — $9.68B
Aggregated Open Interest — $3.23B

👉 Derivatives Market Analytics

​The Latest Breaking News 📣

#1 ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US ‘PPP’ Bailout Loans — link

#2 Brazil Regulators Block Binance from Offering Derivatives in the Country — link

#3 Telegram Will Shut Down the TON Testnet by August 2020 — link

#4 Travala.com Lets Travelers Once Again Book Expedia Hotels in Crypto — link

#5 Three Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income — link

#6 Iran Gives Crypto Miners One Month to Register With the State — link

#7 Chinese Courts Use Blockchain-Based Electronic Seals to Secure Properties — link

#8 Bitcoin’s Lightning Network Is Vulnerable to ‘Looting’: New Research Explains — link

👉https://cryptorank.io/news