Shortly: Russia is building a system to monitor cryptotransactions etc.

Today we have another beautiful bullish day here. BTC is returning to $ 40,000 and altcoins also grew predominantly. Russia has invested $ 200,000 in the development of technology that can track cryptotransactions.

BTC is returning to $ 40,000

BTC has returned to the local bullish trend after rebounding from $ 37,000 and retesting its strong resistance at $ 40,000. Continue to prove to us that he is ready to resume the bullish trend. However, important resistance at around $ 41,000 has not yet been overcome in the last 3 months. That’s why some traders and analysts are worried that it’s not just a fake bullish move, and BTC will continue to bear market.

Russia is building a system to monitor cryptotransactions

Federal authorities in Russia plan to build a system that, if necessary, will be able to monitor transactions on blockchain. Russia’s federal service has selected a company to pay $ 200,000 (14.7 million rubles) for the delivery of such software. RCO became the winner of the tender. Company had close relations with the large Russian bank Sberbank in the past.

Mike Novogratz criticizes US officials

The billionaire, who promotes cryptocurrencies, said politicians had very little knowledge of blockchain and cryptocurrencies to be able to draft laws and improve the crypto-industry. Novogratz said in his recent tweet that cryptocurrencies have a great future. Politicians should have the homework to learn more about cryptocurrencies before proposing new laws and regulations.

Binance passive income with 23% appreciation

Binance officially launched another staking event with a reward until 23%. From 03.08.2021 you can stake cryptocurrency OAX with pa up to 23%. All you need is – have an account created on Binance, own an OAX coin and go to the staking section.

Clear evaluation table: