According to the latest report from the Kraken cryptocurrency exchange, a 31% drop in Bitcoin trading in June led to BTC's annual volatility reaching a six-month low.

According to the latest report from the Kraken cryptocurrency exchange, a 31% drop in Bitcoin trading in June led to BTC's annual volatility reaching a six-month low.

According to Kraken in its report, June was the most unremarkable month on the Bitcoin trading market since February. The lack of activity on the market led to a decrease in trading volume on the exchange to a four-month low of $ 36.6 billion.

PayPal and its Venmo mobile payment service plan to provide their 325 million users with the opportunity to directly purchase cryptocurrencies.

This was reported by CoinDesk, citing sources familiar with the situation. The publication notes that at the moment PayPal can be used to withdraw funds from some cryptocurrency sites, but the service has never been used to purchase cryptocurrencies before.

American economist and trader Nassim Taleb wrote that Bitcoin is a good idea, but most cryptocurrency users do not understand the nuances of its work.

Outrageous businessman John McAfee announced the launch of the decentralized exchange Ghost, which is associated with the eponymous anonymous cryptocurrency and will replace the McAfeeDEX platform.

The main network of the anonymous cryptocurrency Ghost should be launched today - until that moment, Ghost tokens were placed on the Ethereum blockchain. The coin will be based on the Proof-of-Stake (PoS) consensus method, and the decentralized exchange Ghost of the same name will become the main platform for trading this cryptocurrency. The site also supports BTC, ETH, DAI, USDT and ESH.

The share of inactive Bitcoins exceeded 60%. The largest increase in the number of inactive BTC since the beginning of the year is observed among coins purchased 10 years and 2-3 years ago.

According to Glassnode, 60.63% of all BTCs did not move for more than a year. These data indicate the consolidation of BTC ownership and that investors who bought cryptocurrency at the lowest prices in 2018 have not yet begun to profit from their investments. More than four years have passed since such a large percentage of outstanding BTC did not move for more than a year.

Bloomberg analyst Mike McGlone believes that Bitcoin has every chance of reaching $ 20,000 this year and updating its all-time high.

In his article, McGlone writes that technical and fundamental factors increasingly indicate a positive development for Bitcoin. So, Bitcoin is becoming an increasingly popular investment tool, the number of open positions in futures continues to grow. The attitude towards cryptocurrencies among institutional investors is changing.