The government of Queensland, Australia's second largest and third most populous state, will begin supporting local cryptocurrency startups that it believes will boost tourism in the state.
The founder of the crypto exchange, Changpeng Zhao, expressed his opinion on Tether (USDT) as part of the Korea Blockchain Week conference, noting that the situation may be cause for concern.
Over the past two weeks, trading volumes for bitcoin and other cryptocurrencies have increased. This is partly due to the excitement surrounding the Securities and Exchange Commission's (SEC) ruling on cryptocurrency ETFs. However, Ethereum co-founder Vitalik Buterin considers such hype to be exaggerated and draws the attention of the cryptocurrency community to the fact that it is necessary to make it easier for people to use digital currencies, and not pay too much attention to cryptocurrency ETFs.
Canadian crypto exchange and brokerage platform Coinsquare has added XRP to its listings, moving even closer to its goal of becoming the premier trading destination for retail cryptocurrency investors.
Today the amplitude of the sideways trend will gradually increase, but a breakout below the main support levels is not expected
According to TABB Group, an international research company, the over-the-counter (OTC) BTC market is significantly larger than the global Bitcoin market. OTS is a place of trade for real Whales.
As part of the newly announced Atlas project, Justin Sun plans to integrate the TRON and BitTorrent protocols, promises to encourage seeders and surpass the Ethereum network.
On July 31, 2018, Japanese financial services company SBI Group announced that it plans to create a trading platform for cryptocurrency credit default swaps (CDS), also known as derivatives. The purpose of the platform is to hedge the risk that large crypto investors are interested in, and therefore SBI has made a significant investment in US-based digital marketplace developer Clear Markets.
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