Markets were affected by Tesla’s BTC sale yesterday. Today, the news that marked the day was the topic of “insider trading” on Coinbase. However, apart from such news, developments regarding networks in the ecosystem continue. In addition, various exchanges continue to list altcoins. Below is the list of developments that will take place today. Here are the details…
Important day for 13 altcoin projects
- NexDAX lists Ricnatum (RCNT) with Tether (UDST) and Bitcoin (BTC) pair at TSI 13.
- Gitcoin (GTC) and Solana (SOL) will hold a summit on sustainable blockchain.
- Binance is holding a question and answer event with Reef (REEF). The event will start at 15:00 CET.
- BitMart lists Bitcoin (BITCI). BITCI will be listed with USDT pair.
- Mobox (MBOX) will hold a question and answer event at TSI 14 via Twitter Spaces.
- MEXC Global is holding a question and answer event with USDT pair at 11 pm.
- APENFT (NFT) will hold a question and answer event on Twitter Spaces.
- KuCoin lists Bonfida (FIDA) with USDT pair at 13:00 CET.
- Skale (SKL) is holding a question and answer event with the community.
- Gate.io lists Amazy (AZY) in USDT pair at 17 CET.
- Ethereum Push Notification Service – EPNS (PUSH) is holding a question and answer event on Twitter Spaces.
- MEXC Global lists Amazy (AZY) in USDT pair at 15:00 CET.
- BitMart lists Amazy (AZY) with USDT pair.
What is the latest situation in the market?
July 21, 2022 introduces a downward difficulty adjustment of approximately 5 percent, which will be the third and fourth consecutive decline over the last five difficulty periods. It marks the longest series of downward adjustments since this time in 2021, when miners were forced to leave and migrate from China as quickly as possible. Meanwhile, comments on Tesla’s BTC sale continue to come. Chinese entrepreneur Justin Sun, who founded the TRON Foundation (which is behind the TRX token), said that Tesla’s sale of 75% of its Bitcoin (BTC) holdings is actually “great news” for several reasons.
TRON’s founder said in a tweet that Sun shared with his more than 3 million followers on microblogging platform Twitter, that the market “don’t need to worry anymore about Tesla selling BTC”, which has long plagued the market. Additionally, Sun argued that Tesla’s sale of nearly $1 billion worth of Bitcoin demonstrates that the liquidity of the flagship cryptocurrency can handle investments from large corporations.
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