Arbitrum [ARB] short-term recovery faces key obstacles which could offer short-sellers an opening into the market if bypassing them become difficult.
Brazil’s new law appoints central bank, securities watchdog as digital asset regulators
The CVM and Brazil’s central bank will regulate tokens considered to be securities and VASPs, respectively, as Brazil seeks to give the blockchain market regulatory clarity. […] Read More… The post Brazil’s new law appoints central bank, securities watchdog as digital asset regulators appeared first on CoinGeek.
Bitcoin’s Weekly Close Was Bullish, While Altcoins Continue to Bleed-Here’s What You Can Expect This Week
The post Bitcoin’s Weekly Close Was Bullish, While Altcoins Continue to Bleed-Here’s What You Can Expect This Week appeared first on Coinpedia Fintech News The crypto space began a new weekly trade, hoping to remain bullish for the rest of the week. Bitcoin, the star crypto, closed the weekly trade with a green candle, flashing […]
Solana: Details of the upcoming risky opportunity
At the time of writing, the price was stuck beneath the 50% Fibonacci retracement level and trading volume was low.
Glassnode Co-Founder: Cryptocurrencies Usually Get a Boost After Nasdaq Stalls
Yann Allemann, co-founder of blockchain analytics firm Glassnode, highlighted a trend that cryptocurrencies tend to get a boost after a period of stagnation on the Nasdaq. This observation suggests that during periods of poor performance by the Nasdaq, investors may be shifting funds to riskier assets, namely cryptocurrencies. Allemann traced the trend back to 2019, […]
Federal Policy Expert: Regulatory Policies for Cryptocurrencies Could Take a Decade to Realize
At a recent event, federal policy expert Dorothy DeWitt said that even with progress, regulations around cryptocurrencies could be a decade or more away. DeWitt highlighted the lengthy process involved in creating the rules, citing the 2010 Dodd-Frank Act, which doesn’t have the CFTC until 2021 to pass its final rules. According to DeWitt, reaching […]
Crypto Wars: Demystifying the SEC Chairman’s Tactics
June means hot weather and summer shoes, and people are switching to flip-flops — but the SEC seems to be especially fashionable. In a newly released video from 2018, current SEC Chairman Gary Gensler explicitly stated that Bitcoin, Ethereum, Litecoin, and Bitcoin Cash “are not securities,” a far cry from his current position on the […]
Kusama Price Analysis & Prediction (June 18) – KSM Cools Off Selling With a Weekly 5% Recovery
During last week’s sell-off, Kusama’s price dropped heavily and broke below its 7-month low. It recovered this week with a potential retest at a recent breakdown level. The price is up 3% today as the sellers take a break. This week has been a sigh of relief for KSM compared to a massive price explosion […]
Pepe (PEPE), Stacks (STX) and Sparklo (SPRK) Expected to End the Week in an Uptrend
The crypto market appears to be recovering, with popular tokens like Pepe (PEPE) and Stacks (STX) in an uptrend. Meanwhile, Sparklo, an emerging token backed by a strong protocol, is also in an uptrend as it registered huge success this week. Sparklo (SPRK) introduces a unique investment and ownership model in the rare metal industry […]
Cardano (ADA) and Solana (SOL) Experience Increasing Bearish Sentiments as Sparklo (SPRK) Soars in Popularity
Cardano (ADA) and Solana (SOL) are two of the leading tokens hit the most by recent bearish sentiments, with their tokens to be delisted from a U.S. digital asset platform, Bakkt. Meanwhile, Sparklo, with no restraints whatsoever or allegations, is soaring in popularity and success as it continues to make incredible strides in the crypto […]