The Ledger: stuff that matters.

Increased media exposure for Divi, plus the world of financial regulations, consumer fears, and market sentiment. Catch up on the world of crypto ๐Ÿš€

Kyle Turnbull

July 15, 2021 ยท 2 min read

The Ledger: Bringing you the stuff that matters

The Ledger: Bringing you the stuff that matters

Catch up on all our recent media below ๐Ÿ‘‡

The Divi Project had a great month in the media, with publications and interviews with several notable outlets. From interviews on Cheddar and Great Day San Antonio to articles in the BBC and TechRound.ย 

Closing Bell Interview [Cheddar]ย 

Binance UK ruling [BBC]

Binance UK ruling [Express]

Interview [Great Day San Antonio]

Why Regulation is Good for Crypto [TechRound]

๐Ÿ‘‰ Cryptocurrency prices fall in the wake of decade-high inflation levels and record debt, compounded by fears of drastic CPI increases in the US.ย 

๐Ÿ”— Cointelegraph

๐Ÿ”— CoinDesk

๐Ÿ”— Wall Street Journal

ย 

What this means for cryptocurrency is unclear. Traditionally, decentralized currencies have been seen as a haven for those hoping to avoid the ramifications of centralized inflation. But with stock prices touching all-time highs and crypto trading volumes falling, the future of this relationship is uncertain.ย 

๐Ÿ‘‰ Access points into crypto from the USD are set to become the target of increased scrutiny as regulators circle.ย 

๐Ÿ”— CNBCย 

Some people see regulations as a coming of age for the crypto industry, a reckoning to usher in a new era of digital currencies. Others worry that the overbearing nature of regulation will hamper adoption and leave us with watered-down financial freedom.

๐Ÿ‘‰ Nearly $250 million in cryptocurrency was seized by London's Metropolitan Police. Thought to be the biggest confiscation globally, authorities continue their crackdown on global money laundering via digital currencies.ย 

๐Ÿ”— CNNย 

๐Ÿ”— Forbes

๐Ÿ”— The Guardianย 

This comes less than a month after UK authorities' successful seizure of ยฃ114 million in cryptocurrency.ย 

๐Ÿ‘‰ Institutional money continues to flirt with digital currencies. Apple Cofounder Steve Wozniak expressed his admiration for Bitcoin, calling it โ€œa miracle of technology.โ€

๐Ÿ”— Financial Expressย 

๐Ÿ”— Bitcoinist

Bitcoin is on everyoneโ€™s radar, from hedge funds to household names. Apple co-founder Steve Wozniak expressed his admiration for Bitcoin, despite not being an investor. Rumors began to circulate that Apple may be the next global corporation to add Bitcoin to its portfolio.ย We've seen the levels of hype and FOMO that the likes of Elon Musk can create as investors look for any signs of mainstream acceptance.

๐Ÿ‘‰ย Market Sentiment: Trends during this bear trend have shown the Bitcoin is being sold by short-term players, while whales, larger investment firms, and long-term holders continue to stack sats.ย 

๐Ÿ”— The Daily Californian

ย ๐Ÿ”— CoinGape

With bitcoin down 46% from its high, many are eager to call it the beginning of another bear cycle. However, when digging deeper, the data shows a different story. Whilst Bitcoin's price stumbles around the $30,000 mark, short-term holders selling most of the BTC, whilst bigger players (and long-term holders) are relishing the opportunity to stack more Bitcoin.ย 

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Kyle Turnbull

July 15, 2021 ยท 2 min read

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