BTC/USD Supported after Erasing Nearly 60% in Q2
The popular cryptocurrency collapsed during the second quarter of the year, but tries to find a floor at the beginning of Q3
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The popular cryptocurrency collapsed during the second quarter of the year, but tries to find a floor at the beginning of Q3
The SEC has rejected the Grayscale Investments application to turn its $13bn Bitcoin trust into an ETF. Given the easy access to ETFs, this is considered a massive blow to the crypto industry. This repudiation comes despite Grayscale Investments retaining the services of Donald Verilli Jr., a top White House Lawyer from the Obama administration, to push for the approval
A prominent hedge fund defaulted on a loan, as the recent crypto plunge continue to reverberate across the industry, while SEC Chair once again called for more regulation
Cardano is one of several digital assets capable of performing a range of complex transactions without the need for a middle person like banks or brokers. Investing in this third-generation cryptocurrency entails exchanging U.S. dollars for digital coins, known as ADA. Cardano's native coin has several use cases for crypto holders. Some holders use ADA to pay for services and pay transaction fees on the Cardano network, which supports complex…
Ethereum is the most well-known altcoin in the cryptocurrency market. Financial analysts predict that the altcoin's value could reach a whopping 400 percent increase in 2022. Since its debut in 2015, Ethereum's native coin, Ether (ETH), has grown exponentially in value. When Ether was launched by computer programmer Vitalik Buterin in 2015, it was priced at $0.311. Late last year, the token reached its highest price of $4,800. As with…
Bitcoin trades back above 20,000 as the oversold position normalises. However, rallies remain compelling on the short side.
Bitcoin momentum puts the 20,000 level in danger of being breached.
Bitcoin is closing in on our amended first target. However, the dominant reversal pattern's target is even lower.
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