The trust company targets institutional investors in the United States as asset managers line up for a spot Bitcoin ETF.
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Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
The recovery in Bitcoin and altcoins is facing selling at higher levels, indicating that the overall sentiment remains negative.
Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sep. 11. However, Bitcoin is not out of the woods yet.
Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence, while speaking to Cointelegraph said that if the tightening cycle extends, followed by “an uptick in unemployment and more stress in the banking sector, then there could be a bit more pain for risk assets like Bitcoin.”
Daily cryptocurrency market performance. Source: Coin360Cryptocurrency traders have also remained cautious. A Bitfinex report shows that the cryptocurrency industry witnessed capital outflows of $55 billion in August. The drop in liquidity has caused isolated events to “have a bigger impact on market movements,” the report added.
Will Bitcoin turn down and retest its pivotal support? Could Bitcoin’s weakness trigger further selling in altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin broke and closed above the 20-day exponential moving average ($26,228) on Sep. 14, indicating that the downside momentum is weakening.
Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
The recovery in Bitcoin and altcoins is facing selling at higher levels, indicating that the overall sentiment remains negative.
Bitcoin price all-time high will precede 2024 halving — New prediction
BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger.
Celsius and Core Scientific propose $14M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS).
JPEX hikes withdrawal fee to almost $1k after Hong Kong watchdog warning
Community members posted reports that the crypto exchange's staff has abandoned their booth at the Token 2049 event in Singapore after the warning.
Miner returns over $500k in BTC transaction fee overpayment to Paxos
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15.
Miner returns over $500k in BTC transaction fee overpayment to Paxos
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15.
Hong Kong politician responds to Vitalik's comments about crypto-friendliness
Johnny Ng of Hong Kong’s Legislative Council said he “sincerely invites” Vitalik Buterin to Hong Kong to better understand the situation regarding its crypto-friendliness.
Germany's blockchain funding increases 3% amid market downturn: Report
Germany's blockchain sector saw a total of $355 million in venture capital funding across 34 deals, which is a 3% year-on-year increase.
BTC price shows 'textbook' Wyckoff moves as Bitcoin bulls defend $25K
Bitcoin analysis increasingly believes that this cycle's BTC price lows are done and dusted.
XRP lawyer John Deaton joins LBRY case as amicus curiae
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
XRP lawyer John Deaton joins LBRY case as amicus curiae
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
Binance.US not cooperating with investigation, US SEC says in filing
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”
Binance.US not cooperating with investigation, US SEC says in filing
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”
Hong Kong retains top crypto-ready position for two consecutive years
While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25.
Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction
One of ANZ’s banking executives, Nigel Dobson said the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.
Play-to-earn games are the reason ‘real’ gamers hate crypto: Atari founder
Crypto games have garnered a bad reputation among traditional gamers, but the future of Web3 games and blockchain-based worlds is far from over, says Nolan Bushnell.