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πŸ”Ή General News:
β€” Government-owned Swiss bank is launching crypto trading and custody services
β€” SEC wants to buy a blockchain forensics tool for monitoring smart contracts
β€” Russia’s biggest bank to launch its own stablecoin

πŸ”Ή Coin Specific News:
β€” MiLk will get listed on KuCoin on August 6
β€” Serum initial exchange offering will take place on FTX and BitMax on August 7
β€” Avalanche partners with Whiteblock to optimize Blockchain security and performance
β€” Polkadot trading & staking to be enabled on BitMax after DOT transfers enabled
β€” Matic partner Bluzelle to enable decentralized storage for Matic DApps
β€” Verasity’s VeraWallet to offer DeFi services to its users

πŸ”Ή Exchanges:
β€” Coinbase Custody now supports deposits and withdrawals for Celo
β€” Bitfinex offers up to $400M reward for return of 2016 stolen BTC

πŸ”Ή Cool tech fact:
About 75% of people have no idea what an initial coin offering (ICO) is

πŸ’¬ Quote of the day:
β€œThe key to success is to start before you are ready.” – Marie Forleo
πŸ”Ή General News:
β€” Major South Korean bank, KB Kookmin Bank, joins the crypto custody business
β€” Chainalysis launches certified investigative partnership program to meet demand for cryptocurrency investigation services
β€” Facebook goes all-in on finTech with launch of new subsidiary
β€” Grayscale launches ad campaign, telling investors to move to digital currencies.

πŸ”ΉCoin Specific News:
β€” ViaBTC founder considering building a new Bitcoin fork inherited from $BCH called Bitcoin Cat
β€” Japanese Messaging Giant LINE’s LN Token begins trading on BitMax
β€” Bitcoin welcomes $12,000 as market cap gains $9 Billion today
β€” Dai supply hits record $400 million on DeFi momentum
β€” Yearn Finance (YFI) rallies 55% in one hour after Binance listing
β€” DeFi token MFT hits quarterly high following 84% rally

πŸ”ΉCool tech fact:
The average TikTok user spends more than 50 minutes per day on the app.

πŸ’¬ Quote of the day:
"When we are no longer able to change a situation – we are challenged to change ourselves." β€” Viktor E. Frankl
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Trend Line SimplifiedπŸ“’

πŸ”΅ There are 3 types if trend
Bullish, Bearish & Sideways

πŸ”΅A trendline should be drawn by connecting minimum 2 lows or highs to know the supports & resistance in the prevailing trend

πŸ”΅Trend changes If any coin breaks the trend line decisively

#BITCOIN #Technicals

Keep learning with us.✌️

Stay tuned for more upcoming updates.
$ADA/USDT Perpetual Contract goes live on #Bitget at 3pm on 25th Aug (UTC+8).

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