Greetings Everyone
This is LeaderIcarus and today is July 12th 2020 08.00 UTC and welcome to another episode Of Brief Crypto News!
Market overview
With the Volume of Bitcoin at very low levels, the side way movement of its price continues, inside a $9400 - $9100 channel. Right know trades at$9256, while Ethereum trades at $240. On the ETH/USD 4h chart a double down pattern has created at $238 and many traders think that Ethereum will break the $250 resistance level. Ethereum considered the most undervalue asset with the explosive activity on DeFi, currently total value locked $2.38 billion according defipulse.com
XRP trades at $0.20 and BCH at $237 to complet the first five - with Usdt - by market cap cryptocurrencies.
Tether Blacklists Addresses
Tether Blacklists 39 Ethereum Addresses
They are holding $46 million in USDT
"Tether works with international law enforcement and blacklists addresses when required"
Blacklisted loses the ability to transact with Tether and freezes any existing coin held.
Ethereum High Fees
Ethereum fees are very high since march
The constantly rising DeFi activity has sent Fees in level higher than Bitcoin's for the last month.
US Stock Market Coinbase Inc. listing
Coinbase Inc. prepairs a listing in traditional stock market.
The company will need Security and Exchange Commission to give permition.
This will be the firs Cryptocurrency Echange that will be listed in a stock market.
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