Cryptocurrency News for Today July 13th – BeInCrypto



Cryptocurrency News for Today July 13th - BeInCrypto

Cryptocurrency News for Today July 13th – BeInCrypto

  • Altcoins continue to run ahead of BTC

  • Waves Founder Willing To Pay Developers For Interesting DeFi Solutions

  • G20 Leaders Advocate for Digital Payments

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Altcoins are again on everyone’s lips Cardano, Chainlink, Tezos, growing at an impressive pace. Bitcoin is also making attempts to grow, but without enthusiasm. Analysts are glad that the first cryptocurrency has consolidated above the support level, it is only a small matter – to overcome the resistance. Meanwhile, the G20 is creating conditions for the development of digital payments, and the founder of the Waves blockchain project is offering money for successful DeFi ideas..

Cryptocurrency News for Today July 13th - BeInCrypto

G20 creates conditions for accepting digital payments

At the last summit of the G20 leaders, much attention was paid to the issue of control over the circulation of cryptocurrency, which is becoming more and more popular in the world. It is no longer possible to deny the fact of its effectiveness and distribution, so the finance ministers of the G-20 countries decided to develop legislative acts that would allow centralized control of the circulation of digital currencies. Ready-made solutions should be presented already for the next G20 summit, which will be held in the capital of Saudi Arabia, Riyadh in November this year. More details

Bitcoin seized on key support zone 

On the weekly chart, it can be seen that the bitcoin rate is following the downward resistance line formed in 2017, when it reached a record high. Last week, BTC formed a small candlestick, refraining from breaking through the resistance line and the $ 10,400 barrier. It should be noted that this was the first bullish candlestick after four weeks of decline. Until the price breaks the downward resistance line and the $ 10,400 resistance zone, the dynamics of the main digital currency will be considered bearish. More details

Cardano Denies Free YouTube Token Giveaway

The founder of the Cardano project has denied the free giveaway of ADA tokens on YouTube and warns users of possible fraud. Cardano founder Charles Hoskinson wrote about this on his Twitter page. According to him, the scammers compromised Hoskinson’s speech at a conference where he asks users to subscribe to the project’s new YouTube channel. Cybercriminals reworked the recording and circulated it online. On it, Hoskinson allegedly says that the company is ready to issue free ADA tokens for subscribing to the channel. More details

Waves founder is willing to pay for a worthwhile DeFi app idea

There are still many unrealized ideas in the decentralized finance segment, and the creator of the Waves platform, Alexander Ivanov, is ready to pay for the most successful ones. The DeFi IndustryDecentralized Finance (DeFi) is a financial services built on blockchain technology that offer users access to an open, efficient and … More experience that is experiencing unprecedented growth in popularity. However, according to the founder of the Waves blockchain platform Alexander Ivanov, the industry has not yet fully revealed its potential. There are countless unique ideas for DeFi applications floating around that no one has thought of yet. More details

Cryptocurrency News for Today July 13th - BeInCrypto

BTCD Index May Cheer Up But Then Fall Again

The Bitcoin Dominance Index (BTCD) has made a bearish breakout of the upward support line that has been on the chart since February 15. After this breakout, the market tested this line as resistance and then accelerated the rate of decline. The nearest support area is now at 62.5% (the level from which the aforementioned upward support line was built. Technical indicators give bearish signals, but do not completely discount the possibility of a reversal. The RSI is deep in the oversold zone, but has not yet begun give no signals of bearish divergence The last time the RSI was oversold, the index started to rise, moving along the line of upward support.



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