Crowdsense Crypto Weekly Review and Outlook | July 4 - July 10, 2021

News Highlights

• Crypto.com partnership deals with both the Formula 1 and the UFC

• People’s Bank of China ramps up digital currency crackdown

• Sotheby's sells diamond for $12.3 million in crypto, most expensive digital currency transaction ever

• Bank of America has launched a new crypto research team

• Barclays customers in the UK can no longer transfer funds to Binance

• TikTok bans crypto ads on its platform

Markets

• The entire market value of all crypto assets has been moving in a range between $1.3 trillion and $1.5 trillion over the last few weeks.