Ether Rebounds Off Key Support Signals Long Term Bullishness
Ether has bounced off its 200-week simple moving average, reinforcing long-term support.
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Ether has bounced off its 200-week simple moving average, reinforcing long-term support.
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.
The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it’s more likely a sign of healthy growth.
Other exchanges have also withdrawn their applications, but some have re-filed.
Major Wall Street firms are increasingly warming up to cryptocurrency, as evidenced by their stakes in the spot Bitcoin (BTC) … Continue reading
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BTC beats the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration.
The dwindling metric points to declining selling pressure in the bitcoin market.
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
The boss of Japan’s Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds.
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.