Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range. Go to Source Powered by WPeMatico
Cryptocurrencies
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Democratic lawmakers have formed group to address regulatory concerns around crypto
U.S. President Joe Biden is also expected to discuss crypto’s role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday. Go to Source Powered by WPeMatico
Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. Go to Source Powered by WPeMatico
Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action. Go to Source Powered by WPeMatico
Tiger King star and convicted animal abuser to launch NFT from prison
“The Tiger King” NFT auction will kick off on major NFT marketplace Mintable this Friday. Go to Source Powered by WPeMatico
Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the necessary preparations for a step-change in global attitudes towards banking. However, in her address of the Tanzanian finance chiefs, Hassan acknowledges that not everyone … Read more
Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets. Go to Source Powered by WPeMatico
Within five years, US hedge funds expect to hold 10.6% of assets in crypto
North American hedge funds are at the vanguard of crypto-curious investors, although EU and U.K. funds are not far behind, expecting to hold 6.8% of their assets in crypto within five years. Go to Source Powered by WPeMatico
Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Go to Source Powered by WPeMatico
Algorand (ALGO) price strengthens as institutional investors back the project
Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week. Go to Source Powered by WPeMatico