Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
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The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler’s agency already knew it considered Ethereum’s ether a security before he attended a hearing and declined to answer that question.
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide.
Roger Ver (Wikimedia Commons)
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.