Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.
While it’s too early to tell how sustainable Tuesday’s price jump was, “there are some small signs that we could see a slight reversal,” Clara Medalie, director of research at Kaiko, said in an interview with CoinDeskTV.
“A wave of ETF approvals could definitely be the bullish catalyst the crypto market needs right now,” she said, adding that “we are still in the middle of a tumultuous period for the industry with quite a few bankruptcies and lawsuits ongoing.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin hits two-week peak after Grayscale spot bitcoin ETF ruling By ReutersBitcoin hits two-week peak after Grayscale spot bitcoin ETF ruling
Weiterlesen »
Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%'The Hash' tackles today's hot topics, including a federal court ruling that the SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Bitcoin is surging on the news. Grayscale and CoinDesk are both owned by DCG. Separately, the SEC issued its first NFT-related enforcement action. And, some former FTX users are getting hit by a new phishing attack on their FTX-registered emails.
Weiterlesen »
Beyond Bitcoin ETF: Inside BlackRock Bitcoin (BTC) Mining StrategyBlackRock, one of largest investing conglomerates in world, expands its presence in Bitcoin (BTC) mining segment
Weiterlesen »
Grayscale's Chief Legal Officer Talks Bitcoin ETF Decision; Bitcoin Price Rallies on Grayscale Court WinGrayscale Investments Chief Legal Officer Craig Salm joins 'First Mover' to discuss the next steps after a federal court ruled the SEC must review its rejection of Grayscale’s attempt to convert the GBTC into an ETF. Kaiko Director of Research Clara Medalie discusses the market reaction as bitcoin (BTC)'s price surged on the news. Plus, former SEC Special Counsel Hermine Wong shares insights into the impact of the SEC issuing its first enforcement action targeting NFTs.
Weiterlesen »
Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%The most valuable crypto stories for Tuesday, August 29, 2023.
Weiterlesen »
Cryptocurrencies Price Prediction: SEC, Cryptos & Polygon – American Wrap 29 AugustSEC resorts to rare tactic, files secret motion against Binance The US Securities and Exchange Commission (SEC) has resorted to a rare tactic, filing
Weiterlesen »