Today’s Top Crypto News – Tuesday, 7/5/22

•ARK Invest ‘neutral to positive’ on Bitcoin price as analysts await capitulation – CoinTelegraph

“ARK argues that bearish continuation has limited room left to run, as on-chain indicators bottom out.”

•Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report – CoinDesk

“Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.”

•Bitcoin’s First African Adopter Plans Its Own Digital Currency – Bloomberg

“The Central African Republic, which adopted Bitcoin as legal tender in April, is poised to roll out its own digital currency as part of a plan to develop its financial industry, according to the nation’s leader.”

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