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Weekly Crypto News Digest: DeFi Summer 2.0 is Coming?
Author: changehero
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As usual, the ChangeHero team rounds up the most important news from the crypto world. Bears hold the market while DeFi projects attract more investments from venture capitalists than ever. Jump right in for a quick recap to learn what else happened this week!

Key Takeaways

ChangeHero Updates

New coins are available for exchange on ChangeHero: Cosmos (ATOM), Elrond (EGLD) and PancakeSwap (CAKE) (purchase only). Now you can get them hassle-free on ChangeHero without having to create an account on an exchange or linking a wallet.

Latest Crypto News Digest

Bitcoin Digest

BTCUSD chart: July 16, 2021
Source: TradingView

Latest Bitcoin News

Altcoin News

Business Crypto News

Crypto News on Adoption

Regulation & Politics Crypto News

Crypto News Digest from Social Media

Video of the Week

YouTuber Tyler S is here to give an overview of the crypto market this week. His short-term Bitcoin prediction is bearish but he still sticks to the double-peak rally scenario.

Cryptocurrency News Digest from Twitter

Paraguay congressman Carlos Rejala submitted the Bitcoin bill for review. Now it is up to his fellow congressmen to follow in the footsteps of El Salvador.

Wall Street veteran Caitlin Long compiled a thread of the regulatory prospects of crypto in the US. Spoilers: it is not very bright, and she suspects that heavy crackdowns on crypto services could be coming.

Dogecoin creator Jackson Palmer is back with some heavy words to say about crypto. Unlike his co-creator Billy Markus, he stepped away from Dogecoin pretty early on, and now is completely disillusioned with it.

Influencer of the Week

Crypto trader and influencer known as Squeeze is a reliable place to get some crypto market news and insights into Bitcoin. They don’t tweet much but make sure each post counts.

This Week on the Market

How is the market this week? At the moment of writing the digest, the general market stats are:

7d Change in Top Coins

7D crypto digest: July 16, 2021
Source: CryptoRank

What is the cheapest cryptocurrency to buy right now? In the top-20, UNI suffered the most losses in the weekly time frame.  At the moment of writing, the weekly change of the top currencies is:

Gainers of the Week

What is the best cryptocurrency to invest in right now? DeFi could get really hot soon, given the news. Here are a couple other gainers you can get with ChangeHero:


There is no doubt that the bears were in profit this week but the sentiment is not negative. Bitcoin could recover soon, altcoins keep developing and venture capital is at an all time high in crypto. For weekly crypto news, keep an eye on our blog! Follow ChangHero on Twitter, Facebook, Reddit and Telegram for daily updates.