This Week in Crypto: Grayscale Unlock, XRP, Tether & More!!

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Crypto: Coin Bureau
July 19, 2021

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Essential Videos

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0:00 Intro
2:17 Bogdanoffs And Bitcoin
3:56 Grayscale GBTC Unlock
5:35 Apple Bitcoin Rumor
7:31 Uniswap On Optimism
9:05 Polygon Coinbase Wallet Integration
10:35 Regulators To Discuss Stablecoins Today
13:39 Binance’s Battles Continue
14:53 SEC Gets Rekt By Ripple
16:41 Weekly Crypto Market Forecast
20:34 Conclusion


️ Useful Links ️

► Bogdanoffs And Bitcoin:
► Grayscale GBTC Unlock:
► Apple Bitcoin Buy Rumors:
► Uniswap On Optimism:
► Polygon Coinbase Wallet Integration:
► Uniswap On Optimism:
► Regulators Meet Today To Discuss Stablecoins:
► Binance Cut Off By Payments Provider:


Bogdanoffs And Bitcoin

The infamous Bogdanoff brothers said they were in contact with Satoshi Nakamoto through a Japanese scientist and played a role in Bitcoin’s development in its early days

Grayscale GBTC Unlock

The recent downturn in the crypto market has GBTC investors selling their shares like mad, and this means that over 40 000 BTC will be unlocked from Grayscale’s trust and put back on the market. Over 16 000 of these BTC were unlocked yesterday, and so far it’s had no effect on price

Apple Bitcoin Rumors

There is a rumor that Apple had purchased more than 2.5 billion in Bitcoin. Obviously, this has not been confirmed, but there is some evidence to suggest that a Bitcoin buy could be on the table

Uniswap On Optimism

Uniswap is the first major Ethereum dApp to deploy on Optimism, though there is a limit on the number of trades the DEX can handle per day, as well as the assets it can currently support

Polygon Coinbase Wallet Integration

Last week, the Coinbase Wallet announced that it had enabled native support for Polygon, Ethereum’s side chain of choice. This foreshadows native integration with the Coinbase exchange

Regulators To Discuss Stablecoins Today

It’s likely US regulators will ask all stablecoin issuers to obtain a banking charter or similar by a certain date, else they will not be legally allowed to serve US citizens in any way

This should be pretty easy for companies like Circle and Paxos to do, meaning USDC and PAX will not be affected, possibly not even Binance’s BUSD which is provided by Paxos as well

Binance’s Battles Continue

Binance has been cut off from its European payments provider named Clear Junction. This means that it is no longer possible to deposit or withdraw fiat on Binance using a bank account if you live in Europe

SEC Gets Rekt By Ripple

Ripple’s win last week involves the deposition of the former SEC chairman Bill Hinam, who said that Ethereum was not a security because its QUOTE ‘sufficiently decentralized’ back in 2018

Weekly Crypto Market Forecast

For the market to reverse, I believe we need to see Bitcoin dominance go higher, possibly to the mid 50 percent range. This week’s winners are NEM, Ravencoin, the OkEx token, Hedera Hashgraph, and Axie Infinity



The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #News #Ripple #stablecoins #grayscale #XRP

The views or opinions expressed in the broadcasts are solely those of the individuals involved and do not necessarily represent those of INK Research and Canadian Insider.