Unsurprisingly, Bitcoin and Ethereum Hold Support With Little Price Action This Weekend

The weekly pattern for crypto markets continues. After slight volatility this week, with Bitcoin holding at $19k and Ethereum staying above $1,300, the trading volume and price action drop dramatically this weekend as the market decides to lay low. Key Points: The global cryptocurrency market remains in the bearish territory with dropping volume and a valuation below $1 trillion. Bitcoin’s fear and greed index are at 20 points, signaling extreme fear this Saturday. The dropping trading volume suggests a low volume pullback technical correction likely to last until Monday. The long-term potential for Bitcoin, Ethereum, and crypto markets remains bullish,

The post Unsurprisingly, Bitcoin and Ethereum Hold Support With Little Price Action This Weekend appeared first on The Merkle News.

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Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform

Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS PlatformThe mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS) platform for the company so it can be used for ecommerce use cases and […]

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A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF

A Recent SEC Filing Shows the World's Largest Asset Manager Blackrock Plans to Launch a Metaverse ETFAccording to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech and Communications ETF — will track metaverse firms with exposure to virtual […]

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Bitcoin and Ethereum Prices Rise Despite Low Trading Volume

This week cryptocurrency prices remained relatively flat, with the trading volume fluctuating slightly. There hasn’t been any significant news affecting prices for BTC and ETH, which managed to hold support and close in the green today. Bitcoin is trading at $20,082, and Ethereum is trading at $1,366. Both crypto assets are up over 5% in the past 24 hours. Despite today’s bullish momentum, the global cryptocurrency market cap remains below $1 trillion, meaning that the bears still haven’t left the party. Bitcoin News With the Ethereum merge completed successfully, all eyes are on Bitcoin as it remains the largest proof-of-work

The post Bitcoin and Ethereum Prices Rise Despite Low Trading Volume appeared first on The Merkle News.

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