The SmartUpdate: Bitcoin Blasts Past 11,200 USD.

Email sent: Jul 31, 2020 4:11pm

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Another Week of Double Digit Crypto Gains Almost Across the Board
The SmartUpdate - July, 2020
Bitcoin price has just breached 11,200 USD up nearly 22% this month. This is the biggest July gain since 2012. The recent surge in volume suggests bulls may have plans to press it even higher according to CoinTelegraph. Exchanges are also seeing a boost in non-btc volumes as traders flock in large numbers into Altcoins.
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Crypto Headlines
Winklevoss Twin: Next Bitcoin Bull Run Will Be ‘Dramatically Different’
"The next Bitcoin bull run will be dramatically different. Today, there’s exponentially more capital, human capital, infrastructure, and high-quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!". Read this article
July Ends with a Bitcoin Rally and the U.S. Dollar’s Worst Month in 10 years
The dollar index — which measures the U.S. dollar's performance against six other government-issued currencies – fell by 4.3% in July, the largest monthly sell-off since 2010. Read this article
Last Time this Bitcoin Statistic Hit a New High, BTC surged 3.5x—and It’s Back
"Bitcoin's 1-year HODL wave—BTC unmoved on the blockchain over the last 365 days—has hit a new all-time high of 63%. Bitcoin's HODL wave is up 1% since the start of July." Read this article
ETH Rockets 50% in 5-yr Anniversary Month
The digital currency traded at $225.5 at the beginning of the month and is closing the month of July at $340 according to data from Coinmarketcap. Read this article
XRP Price Hits $0.25 for First Time Since February
It took XRP traders a while to embrace the bullish sentiment, but the time spent waiting has bubbled up into momentum so strong that XRP hasn’t been this high since...late February 2020. Read this article
From The CoinSmart Team
Ripple Helping Shape Crypto's Future in India

Ripple labs has offered a framework for regulating crypto in India. India could be a role model for the developing world.
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Romance scammers increasingly using crypto to steal hearts and victims’ hard earned Bitcoin. Here's how to protect yourself.

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