Global

July is shaping up to be a pivotal month for Bitcoin, with historical trends and upcoming events creating a complex landscape for the leading cryptocurrency.

Avalanche (AVAX) has been gaining momentum, surging past the $28.65 resistance level. The question now is whether it can maintain this upward trajectory and break through the critical $30.00 resistance zone.

Sony Group, the Japanese multinational conglomerate corporation known for its diverse portfolio in electronics, gaming, entertainment, and financial services, has officially entered the cryptocurrency exchange market by acquiring Amber Japan.

Paraguay's booming Bitcoin mining industry is facing a potential roadblock: new energy tariffs proposed by the National Electricity Administration (ANDE). Miners argue these increased costs could cripple their operations and stifle further growth in the sector.

The cryptocurrency market witnessed a frenzy in the first half of 2024, with memecoins emerging as the top performers. These coins, often inspired by popular memes and characters, delivered massive gains to those who believed in their potential.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has seen a recent price bounce, rising above the $3,450 resistance zone. This upward movement comes after a period of consolidation and sideways trading, giving hope to investors who have been eagerly awaiting a breakout.