🦎🚀 It's stablecoin season again! 💸

Monday, July 17, 2023

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Turning the tides

JP Morgan views the recent ruling in favor of Ripple's XRP as a significant milestone and a win for the broader crypto industry. The decision provides clarity on the legal status of XRP and sets a precedent for other cryptocurrencies facing regulatory scrutiny.

However, JP Morgan acknowledges that the regulatory battle is not over for the industry. The SEC has the option to appeal the ruling, and it is expected that similar cases will be pursued in the future.

In today's news, we have another round of layoffs from Binance, the Multichain drama continues to unfold, and Aave stablecoin has arrived!

Read on!

Crypto Interest in the European Continent

UK's share of continental crypto interest is at 44.6%, which is on par with the combined 44.8% share of all European Union members combined.

Among the top 21 countries in Europe most interested in crypto, 16 are EU members.

Hello there,

Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #26, we'll be talking about our 2023 Q2 Crypto Industry Report and taking a look at what's in store for Solana in 2023 & Beyond!

Join us as we'll be presenting our 2023 Q2 Crypto Industry Report and talking about Solana in 2023 & Beyond!

Date: Thursday, 20 July 2022

Time: 08:30 AM EDT (UTC -4) [Check your local time]

Tune in for our Virtual Meetup #26, featuring an exciting panel of speakers:

Zhong Yang Chan, Head of Research, CoinGecko (Moderator)
Austin Federa, Head of Strategy, Solana Foundation
Armani Ferrante, Chief Executive Officer, Backpack
Meow, Co-Founder, Jupiter

SAVE YOUR SPOT HERE!

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Since we've just crossed the half-year mark, we thought to see which coins within the Top 50 by market cap have performed the best so far - check out the Top 12 in this video.

Let's find out here!

The Trend Persists

Binance, the world's largest cryptocurrency exchange, has laid off over 1,000 employees, as reported by The Wall Street Journal.

This news contradicts the optimistic outlook shared by Binance CEO Changpeng Zhao (CZ) just last week, where he expressed his readiness to handle the increased trading volume in the coming months.

The Block

What Now?

Cross-chain protocol Multichain has ceased its operations as the sister of its CEO has been apprehended by Chinese authorities.

This development follows the recent challenges faced by Multichain and raises concerns about the future of the protocol and its leadership.

Decrypt

Lets GHO!

The Aave protocol has announced the launch of its stablecoin called GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.

What sets GHO apart from other stablecoins is its emphasis on transparent reserves, allowing the assets backing GHO to be easily verified and confirmed through on-chain data.

Cointelegraph

The crypto market moves at light speed, and it can be overwhelming to stay on top of your investments 24/7. CoinGecko's free and powerful Portfolio Tracker can help, but if further customization is required, how about building your own version on Google Sheets?
Regardless of whether you're a beginner or an advanced trader, this detailed guide will walk through:

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How to import live crypto data via CoinGecko API (for both Public & Paid API users)
How to customize your spreadsheet to calculate crypto holdings, holdings value, and more
The benefits of creating a portfolio tracker on Google Sheets

Find out more here.