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Bitcoin, as the leading cryptocurrency in the market, continues to face challenges in reaching the anticipated milestone of $100,000. Despite the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the price surge remains elusive. Charles Edwards from Capriole Investments highlighted the obstacles hindering Bitcoin’s growth, particularly the selling off of Bitcoin by long-term holders. This trend
The recent surge in Bitcoin’s price to $70,000 has once again piqued the interest of investors, sparking conversations about the future price outlook. Long-term holders have seen their investments move into the profit zone, fueling a sense of optimism in the market. The return of the Coinbase premium, a key indicator for US-based investors, has
The XRP price recently faced resistance near the $0.5320 mark and began a downward correction. This led to a drop below $0.5250 and the 100-hourly Simple Moving Average. The current price action suggests a potential test of the $0.5180 support level, with a further downside move towards the $0.5120 support zone also on the cards.
DTCC Digital Assets global head and managing director Nadine Chakar recently testified before the House Financial Services Subcommittee on Digital Assets, championing the benefits of tokenization. She emphasized the potential for tokenizing real-world assets to transform the US financial markets. In her testimony, Chakar showcased DTCC’s role in advancing the financial industry through digital securities