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BTC dropped below the 9,200.00 USDT level, dipping to 9,157.24 USDT. Currently, the coin marks 9,188.25 USDT.
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🔹 General News:
Singapore's Blockchain payments platform ready for commercial launch
Fidelity holds over 10% stake in bitcoin mining firm Hut 8
Bank of England is reviewing whether it should create a central bank-backed digital currency
Telefónica, Deutsche Telekom and Vodafone use Blockchain for roaming settlement

🔹 Coin Specific News:
Bitcoin just confirmed a signal that preceded historical 5,000% rallies
Compound tops $1B in crypto loans as DeFi farmers keep digging for yield
Stafi Protocol (FIS) will launch its incentivized testnet as of July 21
Chainlink surges 39.5% to a new all-time high

🔹 Exchanges:
Binance lists ETHUP and ETHDOWN Binance leveraged Tokens as of July 13th
MXC lists BZRX (BZX) in assessment zone as of July 13
— Hacker stole 336 BTC from Crypto Exchange Cashaa
Binance will delist ARN, FUEL and LUN on July 20th
— Brazil’s top exchange Mercado Bitcoin lists sport Token Chiliz

🔹 Cool tech fact:
As of April 2019, the total market cap of Bitcoin is $95 billion ($95,171,475,804 USD to be exact) and the 24-hour volume is $14 billion

💬 Quote of the day:
“A dream doesn’t become reality through magic; it takes sweat, determination and hard work.” —Colin Powell

🔹 Brought to you by @bityard_news
Your Target on bityard.pw


🔹 General News:
— Payments giant PayPal is developing crypto services to its users
— Crypto taxation in South Korea could increase to 20% for capital gains
Bank of England considering a central bank digital currency, governor says
US citizen used $1.1M of COVID emergency loans to buy crypto

🔹 Coin Specific News:
Orion Protocol (ORN) will have a premiere listing on BitMax on July 16
Avalanche (AVAX) Token sale will be on July 15th

🔹 Exchanges:
Binance rolling out crypto card for EU, UK markets
BitGo releases crypto wallet compliance tool for FATF's travel rule
Kraken has noticed a DeFi trend and will list several DeFi coins on July 15
Paxful reaches the $4.6B milestone in P2P Bitcoin trading volume

🔹 Cool tech fact:
Blockchain is the biggest technology evolution the world has seen after the Internet

💬 Quote of the day:
“Be an Encourager: When you encourage others, you boost their self-esteem, enhance their self-confidence, make them work harder, lift their spirits and make them successful in their endeavors. Encouragement goes straight to the heart and is always available. Be an encourager. Always.” ― Roy T. Bennett

🔹 Brought to you by @tamilbtc
Forwarded from Er.VinothKumar TamilBTC
what you Think
PLZ Read, It's Important...📌

Why risk management is so important ?

If you enter a $100 trade and lose 15%, you’re down to $85.

If you make 15% profit on your next trade, now you have $97.75

It's harder to recover losses than to preserve funds. Don't think how much you can make on a trade. Think of how much you can lose on a trade. Risk-Reward ratio is key.

🎯 Also win % does not make a successful trader, but strategy and risk management do.

For example:

✖️ One trader has a 60% win rate but his portfolio is down 6% using a 2/1 risk-reward.

✔️ Another trader has a 30% win rate but his portfolio is up 12% using a 1/5 risk-reward.


📌 So, it’s necessary to have very strict rules on risk management that help you to always preserve the capital and not to take crazy risks.

Regards bityard.pw