Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Bitcoin (BTC)
  • Crypto Trading
  • Cryptocurrency
  • Ethereum (ETH)
  • News

Crypto Market Roundup for July 7

Alicia Maher July 7, 2021 3 min read

Heraldsheets.com presents a roundup of events that happened in the crypto market within the last 24 hours.

Bitcoin Changes

After creating a bearish-looking candlestick two days ago, it tried to surge upwards but failed, leaving a long upper wick instead (red symbol below). Also, the moving average convergence divergence (MACD) left a higher momentum bar instead of creating a bearish reversal signal. However, the stochastic oscillator indicated a bull trend. The $33K and the $41K levels remain the nearest support and resistance, respectively.


trade now

Bitcoin chart. Source: TradingView

Altcoins Lead the Way

There was a 1% increase in the entire crypto market cap today as the market seeks to become a $1.53 trillion market. There weren’t any significant changes in the prices of the top 100 cryptocurrencies. Over the last 24 hours, bitcoin declined by 0.6%, while Ethereum rose by 1.6%.

As it has been for most parts of the week, Axie Infinity (AXS) leads the rally amongst all altcoins. AXS rose by about 25% within the last 24 hours. Also, its value has risen by almost 205% growth rate in the last week. ECOMI (OMI) ‘s loss of 15% is the largest thus far. But it seems to be experiencing a little price correction. Even though it declined today, OMI’s last 7-day growth rate is about 86%.

Other crypto updates

– Binance Stops Payments from The SEPA Network

Crypto exchange giants, Binance, have revealed that it will no longer allow euro deposits in the European union’s single euro payments area (SEPA) network. Apart from being active in 28 countries, SEPA is arguably Europe’s major payment system.

However, Binance’s reasons for suspending payments across the SEPA network were simply due to “circumstances beyond their control,” as stated in an email sent to users yesterday night. The exchange giants reveal that withdrawals will still be allowed, but there will be a 7-day return for deposits.

With this suspension, Binance should expect some major retractions in addition to other regulatory actions facing it already. Binance’s dominance over the market might crumble if it doesn’t accede to the demands of regulators. However, the kind of compromises Binance might need to make would be fascinating to watch.

– Bybit Rolls Out an Updated Know-Your-Customer (Kyc) Policy

Part of the new KYC policy is that withdrawals over two BTC will necessitate a detailed KYC verification procedure. Any withdrawal below that won’t require any personal identification. Bybit’s bank and fiat transactions are similar to that of Binance. They are done via third-party payment solutions.

Hence, this updated KYC policy is strictly for crypto withdrawals. Also, the new mandatory requirements to make withdrawals of over 100 BTC are either a government-issued residence proof, bank statements, utility bills, or any valid proof of residential address.

– Bithumb Top Executives Allegedly Involved in Fraud 

Multiple reports from various South Korean media indicate that Bithumb top-level executives are accused of fraud involvement in Hong Kong. However, the accusation is leveled against two Bithumb subsidiaries – Bithumb GBEX and global. The plaintiff argued that Bithumb’s claim of launching a Thailand branch for its exchange was to create artificial demand for its BXA coins.

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: Binance Deactivates Deposits from Major European Payment Service
Next: U.S. SEC Scrutinizes Robinhood’s Main Revenue Source

Related Stories

Hackers Compromise Azuki’s Twitter Account, Promote Phishing Links
2 min read
  • Binance
  • Cryptocurrency
  • MetaMask
  • News
  • NFT (Non-fungible token)
  • Scam / Hack
  • Technology
  • Web3

Hackers Compromise Azuki’s Twitter Account, Promote Phishing Links

January 29, 2023
Prime Trust Cease Operating in Texas Offices Before February
2 min read
  • Crypto Trading
  • Cryptocurrency
  • News
  • Regulation
  • Technology

Prime Trust Cease Operating in Texas Offices Before February

January 29, 2023
El Salvador Innovative Bitcoin City Recognized at an International Architecture and Design Event
2 min read
  • Bitcoin (BTC)
  • Cryptocurrency
  • Events
  • News
  • Technology

El Salvador Innovative Bitcoin City Recognized at an International Architecture and Design Event

January 29, 2023

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,744.00
2.19%
ethereum
Ethereum (ETH)
$1,637.82
2.52%
tether
Tether (USDT)
$1.00
0.10%
usd-coin
USD Coin (USDC)
$1.00
0.07%
binancecoin
BNB (BNB)
$315.54
2.33%
ripple
XRP (XRP)
$0.414780
0.61%
binance-usd
Binance USD (BUSD)
$1.00
0.10%
cardano
Cardano (ADA)
$0.393177
1.52%
dogecoin
Dogecoin (DOGE)
$0.089409
0.44%
polkadot
Polkadot (DOT)
$6.56
0.81%

Recent Posts

  • Hackers Compromise Azuki’s Twitter Account, Promote Phishing Links
  • Prime Trust Cease Operating in Texas Offices Before February
  • El Salvador Innovative Bitcoin City Recognized at an International Architecture and Design Event
  • FTX’s Ex-Leadership Maxed Out Contributions to New York Congressman
  • Matrixport Downsizing 10% of Marketing Team, Cites Crypto Uncertainty and Stringent Regulations
  • Wylie Aronow Co-Founder Yuga Labs Seeks Medical Leave Citing Health Complication
  • Amazon Set to Launch New NFT Initiative on Its Platform
  • CFTC Wants More Jurisdiction Over the Crypto Space; Here’s What the Commission Has Been Up to
  • Aave Protocol Announces Launch of New Version, Aave V3
  • Korean Authorities Order The Arrest Of Bithumb Crypto Exchange Owner
  • New Collaboration Will Allow Content Platforms To Accept Micropayments In BTC
  • Azuki Twitter Account Targeted, Hacker Drains $700K Within Minutes
  • MetisDAO Foundation Believes Smart Contracts Will Power Web3 Firms’ Daily Operations
  • Genesis Drags Roger Ver To Court Over $20M Unsettled Crypto Options Trades
  • We Haven’t Issued Any Operational License To Any Crypto Service Provider – UAE’s VARA

Categories

You may have missed

Hackers Compromise Azuki’s Twitter Account, Promote Phishing Links
2 min read
  • Binance
  • Cryptocurrency
  • MetaMask
  • News
  • NFT (Non-fungible token)
  • Scam / Hack
  • Technology
  • Web3

Hackers Compromise Azuki’s Twitter Account, Promote Phishing Links

January 29, 2023
Prime Trust Cease Operating in Texas Offices Before February
2 min read
  • Crypto Trading
  • Cryptocurrency
  • News
  • Regulation
  • Technology

Prime Trust Cease Operating in Texas Offices Before February

January 29, 2023
El Salvador Innovative Bitcoin City Recognized at an International Architecture and Design Event
2 min read
  • Bitcoin (BTC)
  • Cryptocurrency
  • Events
  • News
  • Technology

El Salvador Innovative Bitcoin City Recognized at an International Architecture and Design Event

January 29, 2023
FTX’s Ex-Leadership Maxed Out Contributions to New York Congressman
2 min read
  • Cryptocurrency Exchanges
  • News
  • Regulation

FTX’s Ex-Leadership Maxed Out Contributions to New York Congressman

January 29, 2023
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%