It looks like the storm of the past few weeks has passed, and Bitcoin is seeing the light again, gradually recovering to the $58,000 level and approaching $60,000 once more.
That’s the good thing about summer storms, they tend to be short (though intense) ⛈️
And since they are also unpredictable, it’s best to stay informed so you don’t get caught in the downpour without an umbrella. So, don’t miss our top news of the week.
Bitcoin rises almost 7% in the last week
Bitcoin has recovered nearly 7% over the past 7 days, briefly surpassing $59,000 before experiencing a slight correction, bringing it back to $58K.
This recovery marks a notable advance from last week’s $53K and demonstrates that BTC can withstand massive sell-offs 🫴💎
One of the factors driving Bitcoin’s price is the ETFs. Despite market volatility, Bitcoin ETFs continue to record massive inflows, for example, on July 8th, daily inflows were nearly $300 million.
Cardano arrives on the Epic Game Store
Chronoshot, a sci-fi game developed on the Cardano blockchain, has been added to the Epic Game Store’s wishlist, one of the largest digital video game stores 👾
The game will be free to access and will feature compatibility with Cardano wallets and NFT and tokenization dynamics for the purchase and sale of cosmetic items.
This is a very important milestone for Cardano but also for all blockchain game developers, as Epic Games Store is one of the leading digital platforms, with nearly 40 million active users, opening the door to mass adoption of Web3 games.
Coin of the Week: Celestia
Celestia has risen 37% in the last 7 days, reaching nearly $7 and surpassing $1 billion in market capitalization 💪
One of the reasons for TIA’s growth is the interest shown by investors and developers in modular blockchains, as they facilitate the development of applications and new use cases.
TIA’s recent growth began when DeFiSquared’s technical analysts highlighted that Celestia offers “real and useful activity,” unlike many similar blockchains.
