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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.