Here is what you need to know on Saturday 1, August BTC/USD had a small breakout above $11,394, hitting $11,444 for the first time since 2019 and remains trading at around $11,305. ETH/USD is doing better with a 3% price increment and hitting a new 2020-high. The next barrier for ETH is located at $366. XRP/USD is the winner with a 5% move towards $0.256 but remains weaker overall as it is one of the few major coins that hasn’t broken its 2020-high. Ocean Protocol, one of the best performing altcoins in 2020 has surged again with a 25% price appreciation hitting a new all-time high at $0.211. Ampleforth also bounced getting close to $1, both coins have been rumored to be on Coinbase’s possible next listing options. Chart of the day: XRP/USD daily chart Market According to Russian media Putin just signed a law on the regulation of cryptocurrencies. From 2021, digital assets can be used as collateral, and exchange of one type of digital asset for another. The legislator is the one that defines cryptocurrencies as a means of payment, savings, or investment but is still prohibited to pay for goods and services in Russia, stated Anatoly Aksakov, head of the State Duma Committee on the Financial Market. At the same time, the Indian Government just confirmed that a crypto bill is currently awaiting approval. India has been fighting against cryptocurrencies for a long time, the bill was created in 2019 but there has been no real progress until now. Industry Celsius Network, a crypto platform providing financial services like staking and savings has announced the offer of 26 different cryptos as loan collaterals. The platform offers amazing returns like the 11.9% APY on Binance’s BUSD. Quote of the day Those who believe in Bitcoin also believe in cleverness. ― Arif Naseem FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Wall Street closes higher and above a key support level at the end of a tough week FX Street 3 years Here is what you need to know on Saturday 1, August BTC/USD had a small breakout above $11,394, hitting $11,444 for the first time since 2019 and remains trading at around $11,305. ETH/USD is doing better with a 3% price increment and hitting a new 2020-high. The next barrier for ETH is located at $366. XRP/USD is the winner with a 5% move towards $0.256 but remains weaker overall as it is one of the few major coins that hasn’t broken its 2020-high. Ocean Protocol, one of the best performing altcoins in 2020 has surged again with a 25% price… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
