#Bitcoin #Amazon #cryptopayments

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Dave's Daily Crypto Take

In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.

My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.

ARTICLES used in today's video:

https://www.benzinga.com/markets/cryptocurrency/21/07/22140997/bitcoin-ethereum-dogecoin-bounce-back-but-these-minor-coins-are-striking-biggest-gainsBitcoin, 

Ethereum, Dogecoin Bounce Back But These Minor Coins Are Striking Biggest Gains

Major cryptocurrencies traded in the green on Sunday evening as the global cryptocurrency market cap rose 3.17% to $1.44 trillion.

What Happened: Bitcoin (CRYPTO: BTC) traded 4.74% higher at $35,785.55 over 24 hours. The apex cryptocurrency was up 13.03% over a seven-day trailing period.

Ethereum (CRYPTO: ETH) was up 2.78% at $2,229.87 over 24 hours. For the week, ETH traded 17.84% higher.

Dogecoin (CRYPTO: DOGE) was up 2.08% at $0.20. Over a seven-day period, DOGE traded 10.17% higher.

The Shiba Inu-themed cryptocurrency traded 2.53% lower against BTC and 0.34% lower against ETH over 24 hours.

https://ambcrypto.com/uniswap-we-have-taken-the-decision-to-restrict-access-to-certain-tokens/

Uniswap: We have taken the decision to restrict access to certain tokens

The prominent decentralized exchange, Uniswap has disclosed a list of tokens it will be discontinuing on its app interface. According to the official announcement, the tokens will only be removed from its app interface and the protocol will remain immutable.

It stated

“Today, consistent with actions taken by other DeFi interfaces, we have taken the decision to restrict access to certain tokens through app.uniswap.org.”

https://fortune.com/2021/07/26/china-bitcoin-crypto-ban-trading-peak-price/

One of China’s first Bitcoin moguls thinks Chinese crypto trading will soon be ‘a thing of the past’

China’s crackdown on cryptocurrencies will probably intensify and may even lead to an outright ban on holding the tokens, according to Bobby Lee, one of the country’s first Bitcoin moguls.

Lee knows what it’s like to be on the wrong side of Beijing: He sold BTC China, the nation’s first Bitcoin exchange and at one point the second biggest worldwide, in the aftermath of a crackdown in 2017.

China has launched a new campaign against cryptocurrencies this year, taking action against miners and imposing curbs on crypto banking services and trading. The moves have fueled Bitcoin’s drop to about half its mid-April record near $65,000.

https://www.euronews.com/next/2021/07/26/bitcoin-and-ether-climb-to-recent-price-peaks-as-amazon-crypto-rumours-spread?utm_source=flipboard&utm_campaign=feeds_money&utm_medium=referral

Bitcoin and Ether climb to recent price peaks as Amazon crypto rumours spread

Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment.

Bitcoin rose as far as 12.5% to hit $39,850 (€33,828), its highest since mid-June during the Asia session, while Ether hit a three-week peak of $2,344 (€1989). On the heels of Bitcoin's best week in almost three months, the move put the squeeze on short sellers.

Last week, cryptocurrency enthusiast and Tesla boss Elon Musk said the carmarker would likely resume accepting Bitcoin once it conducts due diligence on its energy use. It had suspended such payments in May, contributing to a sharp crypto selloff.

https://www.pcmag.com/news/amazon-is-preparing-to-accept-cryptocurrency

Amazon Is Preparing to Accept Cryptocurrency

Amazon doesn't allow you to pay for orders using cryptocurrency. There are ways around that, but they won't be necessary for much longer as the company has confirmed it is gearing up to start accepting cryptocurrency as a valid form of payment.

As Tom's Hardware reports, the first sign this shift is happening was spotted via a new job listing. Amazon is looking to hire a Digital Currency and Blockchain Product Lead who will be tasked with using their "domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities."

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/

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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.

Thank you very much

Dave

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