Watch out, Tether—you’ve got competition, including in some unlikely places. CoinEx yesterday announced trading for Honestcoin (USDH), a new fiat-backed cryptocurrency.

In the past twelve months, several crypto marketplaces have launched their own tokens to raise money. Exchange tokens like those from Binance, Huobi, and OKEX offer trading discounts and buy-back programs to encourage hodling.

If you’re looking to buy bitcoin, you don’t have a lot of choices. Fiat gateways are few and far between, and established businesses like Coinbase charge high fees to buy crypto.

But that bottleneck is now getting a bit wider. Mobile wallet provider BRD – formerly ‘Bread’ – announced today that it will be introducing a new exchange service, in partnership with payments network Wyre, to allow users to purchase cryptocurrencies with a bank transfer.

• Cardano has a bullish short-term trading outlook, with the cryptocurrency trading close to major resistance on the four-hour time frame
• The four-hour time frame is showing that a bearish head and shoulders pattern has been invalidated
• The daily time frame is showing the ADA / USD pair has cleared all forms of Ichimoku resistance

Fundamental Analysis

• Ethereum has a bullish short-term trading bias, with the ETH / USD pair testing towards key upside resistance
• The four-hour time frame continues to show a valid bearish head and shoulders pattern
• The daily time frame shows a large bullish pattern with an upside target close to the $500.00 level

Ethereum has a bullish short-term trading bias, with the cryptocurrency recovering back towards critical resistance on the four-hour time frame.

• BitTorrent has a bullish short-term outlook, with the BTT / USD pair bouncing from key support on the four-hour time frame
• The four-hour time frame shows that a bearish head and shoulders pattern has formed
• The daily time frame highlights the scale of the recent bearish correction in the BTT / USD pair.

BitTorrent has a bullish short-term trading outlook, with the BTT / USD pair staging a strong recovery from major technical support on the four-hour time frame.

Accurate crypto data could help bring cryptocurrencies into the mainstream, according to the CEO of a prominent data provider.

Charles Hayter, CEO and co-founder of CryptoCompare, believes high-quality data may improve trust in the industry. “The price mechanism is the fundamental building block for any exchange,” he told Crypto Briefing.

It’s almost July, but some bitcoiners are still wearing their coats. Tone Vays, former Wall Street executive turned Bitcoin maximalist, reckons that winter may not yet be over.

Bitcoin has more than doubled this year, and the entire crypto market has seen more green than the streets of Vancouver. And while everyone has a right to make predictions, it helps to ground them in some evidence. So why is Vays so gray?

If you’re selling Bitcoin, the U.S. Treasury would like a word from you. New guidelines from the Financial Crimes Enforcement Network (FinCEN) have labelled all Bitcoin ATMs as money transmitters, meaning that if you want to buy crypto from a machine, you’ll need to show some ID.

In a few months, you might be able to create DAI tokens using multiple forms of cryptocurrency, or even fiat currency, according to Maker representatives.

Jennifer Senhaji, Maker’s Business Development lead, says that the crypto-backed stablecoin project expects to release Multi-collateral Dai (MCD), which will be backed by other assets, before the end of the year. “Multi-collateral Dai will be coming this fall,” she told an audience at the London tech festival CogX.