The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”
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The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”
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Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”
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While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.
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Cryptocurrency values are up, but so is the price of everything else in the United States! Investor curiosity in BTC grows as data shows U.S. inflation rose to a 30-year high.
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In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday.
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LPT, LRC and KP3R saw strong gains on Tuesday as Bitcoin price hit a sell wall and retraced to underlying support levels.
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Nonetheless, LTC/USD is at risk of a price correction as it paints a classic bearish reversal pattern.
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Analysts say BTC price is set for a near parabolic price move once the “last” resistance at $67,000 is cleared.
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