Last Updated : July 08, 2021 / 08:26 IST
Top cryptocurrency news on July 8: Major stories on Bitcoin, exchanges and crypto-linked cards
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
Market Buzz
Bitcoin, Ether trade in red
Cryptocurrency prices continued to be a mix of red and green on July 8. The global cryptocurrency market cap is $1.42 trillion, a 1.83 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $76.92 billion, which makes a 0.71 increase. Read more here.
Top News
Crypto-linked card usage tops $1 billion in the first half of 2021, says report
More than $1 billion worth of cryptocurrency was spent by consumers globally on goods and services via crypto-linked cards in the first six months of 2021, says payments company Visa. Read more here.
Big Story
WazirX, CoinSwitch experience heavy bear markets
India's largest cryptocurrency exchange by volume, WazirX, reported a 60 percent slump in trading activities in June in comparison to May, a report in The Economic Times said. Similarly, CoinDCX and CoinSwitch Kuber also experienced a decline in addition to the reduction in user signups.
Rare diamond to be auctioned for $15 million in exchange for Bitcoin, Ether
New York-based auction house Sotheby has announced that it will accept payment in Bitcoin or Ether for its upcoming sale of 101.38-carat pear-shaped flawless diamond. The rare pear-shaped diamond that is expected to fetch up to $15 million (roughly Rs. 111.17 crores) can be bought at auction on July 9.
