Unveiling the Stunning Truth: Global Markets Dominate Bitcoin and Ethereum Trading, Leaving US Exchanges Behind
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Bitcoin is gathering its strength
By Alex Kuptsikevich Market picture The crypto market added 1.3% in 24 hours to $2.58 trillion. This is roughly the area where trading has been centred for the last week, despite attempts by speculators to rock the market. Volatility in the market has decreased, with prices of the major coins varying between -1.3% (Toncoin) and…
BNB hints at 20% crash: Are bulls losing control?
contributor Posted: September 26, 2024 BNB’s Long/Short Ratio was 0.871 at press time, indicating bearish market sentiment. 53.44% of traders held short positions, while 46.56% held long positions. Binance Coin [BNB], the world’s fourth-biggest cryptocurrency by market cap, appears bearish as it has formed a bearish price action pattern on a daily time frame. In…
ProShares abandons lineup of leveraged ETFs featuring Bitcoin, Ether, XRP, and Solana after SEC revision request
Key Takeaways The SEC’s recent request nixes ProShares’ push for leveraged ETFs tied to prominent stocks and crypto assets. The withdrawal followed a request from the SEC and no securities were sold related to the filing. Share this article ProShares has moved to halt its push for a lineup of leveraged exchange-traded funds that would…
Coinbase Vs. SEC: VanEck Exec Weighs In On Lawsuit Settlement
Matthew Sigel, VanEck’s Head of Digital Asset Research has projected the ongoing lawsuit between the United States Securities and Exchange Commission (SEC) and Coinbase to come to an end when the main stakeholders leave for private practice. The lawsuit slammed the country’s largest exchange by volume and added to the list of SEC actions against…
Top Analyst Affirms Bitcoin is “On Track” Amid $69K Rebound
An analyst has argued that Bitcoin remains on track, regardless of current fluctuations, citing its cyclical patterns. Today, Bitcoin’s price has experienced a notable uptick, rebounding since its dip over the weekend to surpass $69,000. This recent momentum coincides with discussions about Bitcoin’s cyclical nature and the growing attention on Bitcoin exchange-traded funds (ETFs). Taking to…
