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Today’s Cryptocurrency Headline

The decentralized transaction protocol 1inch Network officially issued a document stating that it will launch a hardware wallet, which is currently in the final stage of development and is expected to be available for sale later this year. The wallet is being developed by an independent team working within the 1inch Network with funding from the 1inch Foundation. 1inch’s hardware wallet will include a 2.7-inch touch display that allows users to sign transactions using QR codes or NFC.


BingX’s Bitcoin Chart

Source: TradingView & BingX


Bitcoin is up 1.58% over the last 24 hours and rose to an intraday high of $21,219.52. The largest cryptocurrency has been trading in a tight range between $20,600 – $21,600 for the past few days, and the relative strength index is starting to trend down, suggesting the market is cooling down. The daily chart shows the BTC/USDT pair is struggling to break above the crucial resistance level of $21,500. Bulls will likely make one more attempt to drive the price above $21,500. If they succeed, the BTC/USDT pair could rise to $22,500.


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