Earn Up To 45% APY on Your FUN Tokens If you cannot see the email below, please click here to see the web version. Dear FreeBitco.in User, You are receiving this email because you are an active user at FreeBitco.in. Your User ID 4327909 was last active on 2021-07-02. LAST WEEK IN CRYPTO Hello FreeBitco.in Users! Bitcoin ranged near key levels for both bulls and bears as FUN Token got listed on Binance Savings. Meanwhile, we saw further integration of crypto with sports. Let's take a look at what happened Last Week in Crypto: ➤ Make or Break Time for Bitcoin Bulls Bitcoin at Key Level As Traders Await Decisive Movement BTC | BITCOIN $34001.40 +5.24% The BTC/USD pair finds itself at a key juncture after closing off the month of June at $35,000. According to traders and analysts, this resembles a price pattern similar to the bull run of 2013 when the price corrected mid-cycle before going on to form a new all-time high later in the year. This could see BTC form new highs by the end of this year, provided it stays faithful to the pattern. Furthermore, on the daily chart (as shown above), a bullish divergence has formed with respect to the RSI indicator. This chart pattern indicates bearish exhaustion and could be an indication for bulls to take hold. Last week, Bitcoin held the $33,000 well and that could be the jumping off point if the bulls take over. FUN Token Becomes One of Six Coins to Be Listed on Binance Locked Savings FUN | FUN Token $0.016655 -2.04% In another milestone for FUN, the token got listed on Binance's savings program where users can earn interest on their FUN Token holdings. FUN Token became one of only six coins in the Locked Savings program, joining the likes of BTC, USDT, and LINK. Binance Savings allows users to avail two savings options: 1. Locked Savings where users can lock in FUN Tokens for a specified period of time, accrue interest for that period of time, and then redeem the total amount. Locked Savings afford higher rates of interest. 2. Flexible Savings where users can commit their FUN Tokens and redeem them anytime they want. Users accrue interest for the period of time they subscribe. Flexible Savings provide a lower rate of interest but higher flexibility. FUN Token holders can now earn up to 45% APY on their holdings. Click here to learn more. 6 Million ETH Staked in Ethereum 2.0 ETH | Ethereum $2,228.74 +9.23% ADA | Cardano $1.42 +9.96% SOL | Solana $35.11 +10.45% ETH 2.0 reached an important milestone last week as it surpassed a total of 6 million staked Ether. The Ethereum Launchpad, a portal where validators can stake their coins on ETH 2.0, shows over 6 million staked by over 180,000 validators. This development is made even more significant considering the fact that when ETH 2.0 went live last December, the Ethereum foundation required only a minimum of 524,288 ETH to be staked before launching. In the short span of 6 months, the number of validators has grown by almost 10X the minimum requirements. $30 Billion Staked in ADA As First Smart Contract Testnet Goes Live On 27th May, Cardano launched its first Alonzo smart contract testnet and in June it was confirmed to have the capacity to run smart contracts. This summer, we could see full smart contract implementation on the network and in anticipation of that, Cardano surpassed $30 billion worth of ADA staked last week. That is approximately 72% of ADA's total circulating supply staked. This makes ADA the biggest cryptocurrency in terms of staked value with ETH coming in at a distant second ($12 billion staked). Investors remain bullish on Cardano as the implementation of smart contracts would represent a significant milestone in its development. Crypto News Weekly Roundup AZ Alkmaar Becomes First Major Soccer Team to Pay Its Players in Bitcoin Last week, AZ Alkmaar announced crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner until mid-2024. AZ Alkmaar finished third in the Dutch league Eredivisie last season and became the first major soccer team to adopt Bitcoin publicly. According to the announcement, the sponsorship deal will be completed fully in BTC, with AZ Alkmaar planning to keep the amount on its balance sheet. AZ's commercial director Michael Koster attributed this decision to the burgeoning popularity and growth of crypto in recent years. World Wide Web Source Code NFT Goes for $5.4 Million In a historic auction, Sir Tim Berners-Lee, the creator of the World Wide Web, sold an NFT of the technology's source code for $5.4 million at one of the most prestigious auction houses in the world, Sotheby's. The piece is titled ''This Changed Everything'' and contains a time-stamped file of the source code, an image, an animation of the code being written, and a letter written by Berners-Lee himself. He and his wife will donate the proceeds from this auction to different causes supported by them. Crypto.com and Formula 1 Announce Global Partnership In another marriage between sports and crypto, Formula 1 announced that Crypto.com would be the new global and inaugural partner for its 2021 Sprint series. Starting 17th July, the Sprint series is a new qualifying round being trialed by F1 where drivers will participate in a 100km race to determine the grid position for the corresponding Grand Prix. The deal is supposed to be worth $100 million and will see Crypto.com become the Sprint series' official cryptocurrency sponsor and NFT partner. Furthermore, drivers may get the opportunity to win a crypto-themed award set to be announced before the Belgian Grand Prix on 29th August. STAY TUNED FOR THE LATEST NEWS EVERY WEEK Keep an eye on your inbox for your weekly dose of cryptocurrency news, updates, trends, analysis, and more. This email was sent to unilesstari.blog01@blogger.com because you have registered an account at FreeBitco.in. To unsubscribe from future promotional notification emails, please opt-out here. |
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Can the Bitcoin Bulls Finally Take Control?
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