WEEKLY CHART This move has stalled. For the third week (two days left in this candle, so not confirmed), we can see price being rejected at $31,000, with a wick above that level. BlackRock news took price from $25,000 to $31,000. That was a significant push. Is it enough to keep price rising? We will […]
Singapore-based blockchain start-up Web3Go has raised $4 million in a seed round led by Binance Labs, the venture capital and incubator arm of crypto exchange giant Binance. According to the press release, other participants in the seed round financing included Hashkey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings, and Archerman Capital. Web3Go, a Binance Labs’ incubation program graduate, has also been selected for additional programs, […]
Bitcoin’s journey towards institutional adoption has indeed been an intriguing one. While there have been notable figures like Larry Fink, who have expressed support for Bitcoin and recognized its potential, it is important to understand that institutional adoption of Bitcoin is a complex and evolving phenomenon. Let’s break down some key aspects: Early Adoption: Bitcoin […]
Indonesian Minister of Youth and Sports (Menpora) Dito Ariotedjo supports young people to be more literate in the crypto asset industry following the development of the sector. “Together with the Ministry of Youth and Sports, we want these young people to be educated on the problems of life in the future, what is called blockchain, […]
Bitcoin Market Dynamics In today’s issue we want to zoom out and highlight some of the latest bitcoin market moves through the lens of on-chain data: realized price, profit-taking behavior and bitcoin supply levels. Currently, bitcoin is trading at approximately 1.5x its realized price, which recently resurged past the $20,000 mark. This milestone provides an […]
YouSUI has introduced a unique Governance System that utilizes the staking of XUI tokens to empower users to participate in various aspects of governance. By staking XUI tokens, users trigger the issuance of wXUI tokens on the first day of each month, proportionate to their staked amount. These wXUI tokens can be used for voting […]
The SEC’s stance on spot #Bitcoin ETFs is wavering, and approval is on the horizon, says Bernstein’s research report! The SEC’s concerns about spot prices being prone to manipulation are valid, but the industry is proposing a surveillance agreement between spot exchanges and regulated exchanges like Nasdaq. In the meantime, the lack of a spot […]
The United States Bankruptcy Court for the Southern District of New York has allowed Celsius debtors to trade their altcoins for Bitcoin and Ether starting today. The order issued by the bankruptcy judge Martin Glenn on 30th June will also help the distribution of the funds to creditors in the near future. The proposal to sell and […]
Jika kita fokus pada level bulanan akan terlihat candle merah, kita akan melihat signifikansinya dalam konteks satu tahun terakhir. Pada pertengahan Juni 2022, ETH ditolak dari resistance merah ini. Faktanya, ETH secara konsisten ditolak dari resistance merah ini selama beberapa bulan berturut-turut. Namun, awal tahun ini, ETH mampu menembus resistance merah dan pada kenyataannya bulan […]
Hong Kong’s largest bank, HSBC has reportedly introduced its first local cryptocurrency service. HSBC has made it possible for its customers to buy and sell Bitcoin and Ethereum-based exchange-traded funds (ETFs). According to the report, HSBC will specifically offer cryptocurrency ETFs listed on the Hong Kong Stock Exchange. HSBC lists three crypto ETFs, including CSOP […]