Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin’s failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18. Go to Source
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Crypto investment products see $436M inflow while Ethereum continues to suffer
Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest. Go to Source
Ethereum falls to new 42-month low vs. Bitcoin — Bottom or more pain ahead?
Some analysts see this correction as a local price bottom for Ether, based on historical chart patterns. Go to Source
Velar’s new Bitcoin DEX offers yield and liquidity for BTC holders
The Bitcoin trading protocol aims to unlock more Bitcoin liquidity and yield-generating capabilities for BTC holders. Go to Source
Bitcoin Technical Analysis: Mixed Signals Keep BTC Below $60K, Short-Term Rebound Possible
As of Sept. 16, 2024, bitcoin traded at $58,578, within a 24-hour range of $58,231 to $60,366. The leading crypto asset saw a daily trade volume of $26.95 billion, with a market cap of $1.15 trillion. Despite this high liquidity, bitcoin is struggling to break key resistance levels, as technical indicators show mixed momentum. Bitcoin … Read more
Markets see 0.5% Fed rate cut — 5 Things to know in Bitcoin this week
Bitcoin stares down Fed rate cut week at key resistance with plenty of BTC price volatility expected in the coming days. Go to Source
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the … Read more
Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report
Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the … Read more
Bitcoin rally to $60K raises traders’ interest in FET, SUI, AAVE and INJ
Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins. Go to Source
Can Bitcoin price overcome the $60K ‘double breakout’ zone?
Bitcoin optimism is increasing as charts flag a turnaround which hinges on BTC price strength holding the $60,000 zone. Go to Source