Monday, June 13, 2022

Your Weekly Update On All Things Crypto

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TL;DR

Pressure On Regulators To Come Up With A Viable Framework For Cryptocurrencies As 21 Advocates Write Joint Letter To Lawmakers...
Mastercard Continues Forming Key Strategic Partnerships Moving Towards Web3...
Tezos Blockchain To Become New Home For USDT Tokens As Tether Launches New Asset...
PayPal Confirmed Its Customers Can Now Transfer Crypto To And From Paypal Wallets...
Bitcoin Closes Below 200 Week Moving Average For Second Straight Week
ETH/BTC Continues to Slide Towards 200 Week Moving Average

MACRO NEWS

Pressure On Regulators To Come Up With A Viable Framework For Cryptocurrencies As 21 Advocates Write Joint Letter To Lawmakers...

Although the crypto and blockchain sector is expanding at an extraordinary rate and decentralized finance is being adopted just about everywhere as a viable substitute for traditional finance, several authorities have nevertheless adopted quite the critical stance toward the industry...

Mastercard Continues Forming Key Strategic Partnerships Moving Towards Web3...

As part of the countrys continuous efforts to become the blockchain and crypto hub of the world, Access Abu Dhabi and the Abu Dhabi Investment Office (Adio) have now teamed up with Unstoppable Domains, a Web3 identity platform and NFT domain name provider, to offer free crypto domains to all women residing in the UAE (United Arab Emirates) capital....

Tezos Blockchain To Become New Home For USDT Tokens As Tether Launches New Asset...

Tether, the company being the worlds leading cryptocurrency stablecoin, recently announced the launch of new USDT tokens which shall be constructed via the Tezos blockchain. The goal is to expand the companys digital footprint across both the DeFi as well as digital payments sectors...

PayPal Confirmed Its Customers Can Now Transfer Crypto To And From Paypal Wallets...

PayPal has confirmed that its customers can now transfer crypto to and from their personal wallets, with the company stating that it will actively support native cryptocurrency transfers between PayPal and various other wallets and exchanges going forward....

INDUSTRY EVENTS

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TECHNICAL ANALYSIS

Bitcoin Closes Below 200 Week Moving Average For Second Straight Week

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ETH/BTC Continues to Slide Towards 200 Week Moving Average

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.