Bitcoin price holds $26K as derivatives data hints at end of volatility spike
BTC futures and options data show pro traders’ sentiment was not impacted despite last week’s 11.4% correction. Go to Source
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Why Bitcoin’s resistance to retesting the $25K support could be futile
Bitcoin price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable according to derivatives data. Go to Source Powered by WPeMatico
Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation
Regulatory concerns continue to impact the entire crypto market and this week’s BTC options expiry could play a decisive role in pushing Bitcoin price under $26,000. Go to Source Powered by WPeMatico
Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics
Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level. Go to Source Powered by WPeMatico
Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge, and SEC Chairman Gary Gensler has tossed in … Read more
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary Gensler’s organization. In other news, South Sudan … Read more
CFTC declares Ether as a commodity again in court filing
The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test. Go to Source Powered by WPeMatico
Ether staking could trigger securities laws — Gensler
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws. Go to Source Powered by WPeMatico
‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the WEF publication gives lip service to the power of crypto, but never addresses the elephant in the room: instead of actual … Read more
Is excessive bullish optimism behind Bitcoin’s drop below $60K?
Bitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000? Go to Source Powered by WPeMatico
