Bitcoin Stays Afloat Over The $20k Level; Shiba Inu Plans To Release New Stablecoin

07 Jul 2022

📈BTC | $20,401.13 (+$564.71, +2.85%)
📈ETH | $1,171.06 (+$53.71, +4.81%)
📈XRP | $0.327446 ($0.005608, +1.79%)
📈LTC | $49.96 (+$0.581522, +1.18%)

📈Total Crypto Market Cap: The global crypto market cap is $917.79B (+2.63%)

🤔For a third day in a row, Bitcoin was above $20,000. Recently, the price of BTC was around $20,400, up by 2%. Before a late weekend rebound, BTC fell below its $20k support level the previous week. Analysts have adopted a cautious stance on the current crypto environment after being severely wounded by both protocol failures and macroeconomic uncertainties. Ether changed hands at around $1,170, up 4% from the previous day.

🐶A principal developer of the widely used meme cryptocurrency SHIB hinted plans to expand the Shiba Inu ecosystem with a decentralized stablecoin known as the TREAT reward token, and a collectible card game for its metaverse. The Shiba Collectible Card Game will be associated with TREAT, a forthcoming reward token for the SHIB metaverse.

🏦Officials from the United States are no longer allowed to work on crypto-related legislation that might have an impact on the value of their personal holdings. All members of the White House staff as well as those working for all federal departments and agencies, such as the Treasury Department and Federal Reserve, are subject to the legal advisory notice issued by the U.S. Office of Government Ethics (OGE).


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