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Most cryptocurrencies have been bullish in this year, and are expected to do even better in 2021.The year 2020 is ending on a good note on the side of the cryptocurrency industry. The year has seen governments begging citizens to use digital payment solutions instead of fiat money.

The US District Court in Seattle sentenced a Ukrainian man for stealing around $10 million in cryptocurrency while working as an engineer at Microsoft.

The anti-terrorist squad and state police of Riga, Latvia, have arrested a man who was planning to kidnap and kill two people to steal their cryptocurrencies worth half a million euros.

The Ministry of Finance of Russia has recently represented an update for the regulation of cryptocurrencies. Their new proposal includes an obligation for all Russian cryptocurrency holders to declare transactions on cryptocurrency and reporting on holding cryptocurrency wallets.

A financial services company dealing in processing digital payments between the banking institutions of merchants and the card-issuing banks, MasterCard, is capitalizing in an investment project aimed at financial inclusion of the underbanked.

Sportsbooks and gambling brands are a regular feature of European football in the modern sport, with betting names frequently and prominently a part of the footballing landscape there.

Eastern European countries are topping the list in cryptoasset adoption speed. Particularly, Ukraine and Russia have topped others because they have unduly intensive cryptocurrency usage. This shows that a bigger ration of nationals has moved away from traditional monetary activity to cryptoassets.

August has not been bullish for some of the major cryptocurrencies that are among the top 10 tokens by market cap (MC). Let’s review 5 biggest losers of August 2020 in the cryptocurrency market.

The month of August started on a high pitch with some top cryptocurrencies doing bullishly in the market. Most of the tokens increased in volume and prices.