NEWS //Bitcoin, Ethereum and Altcoins Consolidate Above Major Support //
Bitcoin, Ethereum and Altcoins Consolidate Above Major Support
Bitcoin price is trading in a short-term bearish zone below USD 33,500. The current (12:20 UTC) price action is negative and suggests more downsides below USD 32,500. If BTC fails to stay above USD 32,200, there could be a sharp decline in the coming sessions. Similarly, most major altcoins are struggling to recover losses. ETH is stuck near USD 2,000 and it remains at a risk of more losses. XRP is trading above the USD 0.620 support and it might find bids near USD 0.600.
Bitcoin price
After a bearish reaction, bitcoin price traded below the USD 33,500 support. BTC is now holding the USD 32,500 support. The main support is still near the USD 32,200 level. If there is a close below USD 32,200 and USD 32,000, there might be a stronger decline. In this case, the price could revisit USD 30,000.
On the upside, the price is facing resistance near USD 33,500. To start a decent recovery, the price must settle above the USD 34,000 resistance zone.
Ethereum price
Ethereum price also traded below the USD 2,050 support, but the bulls managed to defend the USD 2,000 support. If there is a clear break and close below USD 2,000, there could be another sharp drop.
If there is a decent recovery, the price could face resistance near the USD 2,080 level. The main resistance is near USD 2,120, above which the price might test USD 2,200.
ADA, LTC, DOGE, and XRP price
Cardano (ADA) started a fresh decline below the USD 1.35 support. It even traded below USD 1.30. If the bulls fail to protect USD 1.28, the price could decline towards the USD 1.25 level. Conversely, the price could recover and test the USD 1.35 resistance.
Litecoin (LTC) is consolidating above the USD 130 support level. If there is a downside break, LTC could test USD 125. The next major support is at USD 112. On the upside, the bulls need to gain strength above USD 140 for a strong move.
Dogecoin (DOGE) is struggling to stay above the USD 0.200 support zone. The next key support is near the USD 0.180 level. Any more losses might lead the price towards the USD 0.165 level. On the upside, the bears might remain active near USD 0.220 and USD 0.232.
XRP price is consolidating above the USD 0.620 level. The main support near USD 0.600 is still intact. If the price fails to stay above USD 0.600, there could be a sharp decline. If not, the price may possibly recover towards the USD 0.650 barrier fuente.
Hop Protocol ahora está disponible en Polygon, xDai y Ethereum Mainnet
Hop Protocol announced it has launched the USDC bridge between Ethereum, Polygon, and xDai.
According to Hop Protocol, it has launched its Hop bridge for the first time. Hop is a protocol for sharing tokens across rollups and their shared layer-1 network in a fast and trustless way.
Yesterday, the team announced in a series of tweets that they are proud to officially launch the Hop bridge. What is more, it starts with instant USDC transfers between Ethereum, Polygon, and xDai Chain fuente.
NFT e-Commerce platform NFTify to launch on July 14
NFTify, a blockchain-based marketplace solution that allows small businesses to seamlessly deploy NFT stores, has announced that its platform would be going live on July 14. Along with the launch of its e-commerce platform, the project’s team has revealed that it would be offering a plethora of free services, special promotions, and mouth-watering discounts to early adopter NFT stores on launch day.
As earlier mentioned, NFTify allows businesses to create their own NFT stores without having to bother about coding. Its solution also extends to NFT authors and collectors, who can easily detect fake content for copyright protection and transact at a significantly lower cost.
That being said, early adopters (those who pre-registered before June 30) will be able to create their stores and explore the full benefits of the platform from launch day at zero cost.
NFTify has dubbed itself the “Shopify (NYSE:SHOP) of NFTs” on Web 3. The platform features highly customizable NFT stores, one-click shop creation, low transaction fees, fast block times, and the freedom to list and sell NFTs at fixed or variable prices. It also features a low entry barrier into the NFT marketplace, copyright protection, multi-chain support, and customizable branding and extensibility.
According to the project’s team, within two weeks from its launch date, NFTify will be collecting feedback from early adopters and adding more features. After this, access to the platform will be granted to more users fuente.
Dogecoin Creator Launches 5th Crappy Dogecoin Doodles NFT
• Billy Markus has just launched another NFT in his “Crappy Dogecoin Doodles” series.
• As for now, the NFT’s price is 0.069 ETH.
• Rarible, an NFT token marketplace, sells the doodles.
The latest in “Crappy Dogecoin Doodles” is a hastily drawn Shiba Inu dog that lying in a field. It is the fifth Non-Fungible Tokens from a series of doodles Dogecoin creator Billy Markus has been working on since June fuente.
UK Detectives Break Crypto Seizure Record, Brace For More
The London Metropolitan Police said it has seized almost GBP 180m (USD 249m) in an unspecified cryptocurrency during an ongoing investigation into international money laundering that "will continue for months to come."
"This is believed to be one of the largest seizures globally and tops the GBP 114m confiscation made by the Met on Thursday, 24 June," the Met Police said today.
According to the announcement, a 39-year-old woman was arrested on 24 June on suspicion of money laundering offenses. She was released on bail before she was interviewed under caution in relation to the discovery of the near GBP 180m worth of cryptocurrency on July 10 again. She has been bailed to a date in late July.
"Today’s seizure is another significant landmark in this investigation which will continue for months to come as we hone in on those at the center of this suspected money laundering operation," Detective Constable Joe Ryan was quoted as saying in the announcement fuente.
'Almost Feeless' IOTA NFT Marketplace Goes For Public Testing
The IOTA (MIOTA) non-fungible token (NFT) marketplace has launched on the IOTA 2.0 DevNet in test mode - it's "almost feeless" and set to be fully decentralized.
The IOTA NFT marketplace allows the general public to use the decentralized IOTA 2.0 DevNet for the first time in a broader use case, the IOTA Foundation said. It enables users to test the platform in the current test version, in which the wallet is managed directly on the marketplace website, similar to the custody of wallets on major exchanges like Binance, they added.
Users can create a free account, claim IOTA 2.0 DevNet tokens via the integrated faucet, and start minting NFTs. MIOTA 1 is granted after sign-up for bidding and creating NFTs, added the nftiota.org.
Per the marketplace website, the goal was to create a very first workable version of an IOTA-based NFT Platform, adding that since many core features like smart contracts, identity, or a browser wallet are still work in progress, "we decided to compromise all these features with a central server to get started as soon as we can and decentralize features incrementally fuente.
