Bitcoin Price slide, potential support at $3,400 or 78.6 percent Fibonacci level SEC may not approve Bitcoin ETF Reaction at $3,700 important for bulls In the short-term, sellers seem to be in charge and yesterday’s drop below our immediate support at $3,700 may lead to reductions towards $3,400. In the midst of this, we are…
Bitcoin Price stable but under pressure Bitwise research concludes that 95 percent of exchanges’ volumes fake Transaction volumes shrink after Mar 21 It’s a sequel of damaging news. Days after SEC revealed the public’s apprehension of Bitcoin ETF approval; Bitwise report confirms what Jay Clayton isn’t comfortable with: Exchanges’ manipulation. Even so, Bitcoin volumes are…
As the Bitcoin bear market that first began when BTC reached nearly $20,000 in late-2017 persists into 2019, investors are keen to know when the markets will begin climbing back towards their previously established all-time-highs. Although there have been many positive developments in the cryptocurrency industry over the past year, if history proves to be…
Financial advisory firm, DeVere, has officially launched an actively managed crypto investment fund that is geared towards experienced investors who are looking to capitalize from future growth in the cryptocurrency markets. DeVere’s chief, Nigel Green, spoke about the new fund, stating that the firm differentiates itself from a slew of cryptocurrency funds that already exist…
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. “Clearly, Crypto Is Here To Stay” The brain drain of the legacy market has continued, with Ric…
While a majority of crypto-related news is sculpted for public consumption, in juxtaposition to the transparency that public blockchains provide, recently-released documents from the U.S. Securities and Exchange Commission (SEC) indicate that a paramount closed-door meeting recently occurred. VanEck: Our Bitcoin ETF Issues Have Been Resolved Two weeks ago, stowed far away from the prying…
The crypto market at large sustained its turbulent price action this week, with Bitcoin (BTC) jolting up and down between key levels of resistance and support. However, in spite of the dreary price action, this industry’s participants kept their pedal to the metal, announcing a series of developments that piqued the interest of investors worldwide.…
Rumors are flying. The SEC could approve a Bitcoin Futures ETF before the year ends. It seems like the US Security And Exchange Commission will not give the go-ahead to the mythical Bitcoin ETF just yet… or ever, but a new option has a few companies salivating. What does this mean? And why a Bitcoin…
A day earlier than many were expecting, another SEC decision on a Bitcoin exchange traded has resulted in a delay. The one that today’s announcement concerned was a proposal that the digital asset space is generally most optimistic for – the VanEck ETF. Despite the news event being largely expected, the Bitcoin price has responded…
The current state of the cryptocurrency markets is leading investors to place a significant amount of their hope into future products and events, including the potential approval of the VanEck/SolidX Bitcoin ETF that is currently awaiting the U.S. Securities and Exchange Commission’s (SEC’s) approval. Despite this, one SEC commissioner who is notably bullish on cryptocurrencies,…