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Daily Crypto News

Daily crypto news June 30 2021

 

Bitcoin price extended its recovery above the $36,000 zone against the US Dollar. BTC topped near $36,700 and it is now correcting gains. Bitcoin started a fresh increase above the $35,000 and $36,000 resistance levels. The price is now trading nicely above $35,000 and the 100 hourly simple moving average.

  • Senator Cynthia Lummis backs crypto for US retirement plans

 

Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans. U.S. Senator and Bitcoin proponent, Cynthia Lummis, would like to see U.S. residents turn to Bitcoin as part of a diversified strategy for their retirement plans.

  • For the first time, Ethereum surpassed Bitcoin in terms of this metric

 

Bitcoin and Ethereum markets witnessed buying pressures emerging over the past couple of days after both assets witnessed a drop over the past week. As the market embarked on the recovery path, Ethereum supporters re-ignited the argument that the altcoin can beat Bitcoin.

  • Elon Musk Tweets Support For Doge Upgrade

 

The tweet read, “Important to support.” The price of Dogecoin jumped after the tweet. The price of the coin went from $0.24 to its current price at $0.275. Following the increased popularity of the coin, there have been numerous developments going on in the project. Developers contributing to Dogecoin Core proposed a fee reduction change.

  • Revolut enables Polkadot (DOT) trading for its 15 million users

 

One of the most prominent UK challenger banks, Revolut, has added Polkadot (DOT) cryptocurrency trading to its app. The news was announced via its Twitter account on June 30. The London-based fintech company tweeted, “DOT has just dropped on Revolut,” indicating the DeFi crypto-asset would be accessible to purchase, trade, and keep via its app.

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