Cryptocurrency Market News Digest 12.07.2021 – 18.07.2021

We’re continuing our tradition: every week UCoin will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 12 through 18 of July.

Over the past seven days Bitcoin got cheaper by 6.5%. Analysts see its price going as low as $23 000 in the short-term.

Bitcoin mining difficulty dropped by another 4.8%.

The leading decentralized exchange Uniswap has launched an alpha of its platform on the Optimistic Ethereum (OΞ) network that allows fast and cheap transactions.

Binance continues taking pressure from regulators — the number of countries restricting the platform from operating in their territory has increased.

Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

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Media Attention:

Ninibeth Banchón

Ninibeth.banchon@ucoincorp.com