Tag: bitsellx

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Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week

Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank of America’s analysts led by Savita Subramanian…
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White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19

The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible. By the end of last week, the federal agencies presented the results of their six-month-long work on the principal directions for digital assets regulation in the United States. The resulting first-ever crypto framework, published on the…
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Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move

Bitcoin price dropped to $18,270, but derivatives traders didn’t flinch. Here is why. Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders…
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The crypto industry can trust Cynthia Lummis to get regulation right

The senator has a proven track record when it comes to cryptocurrency and issues such as privacy rights. Her proposal to regulate the industry is one that crypto enthusiasts can get behind. As the world waits to see America’s take on cryptocurrency regulation, crypto enthusiasts should keep one thing in mind: The industry can trust…
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CFTC commissioner visits Ripple offices as decision in SEC case looms

The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security. Caroline Pham, one of five commissioners at the United States Commodity Futures Trading Commission, or CFTC, met with Ripple CEO Brad Garlinghouse ahead of a…
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Price analysis 9/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Uncertainty over the Federal Reserve’s upcoming rate hike is keeping Bitcoin and altcoins under pressure. This could change if the expected 0.75% bps hike is selected. The United States equities markets and the crypto markets are likely to remain volatile in the near term because traders remain nervous about the size of the next Federal…
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Crypto Prices Are Crashing Because of What’s Coming on Wednesday

The week is off with the bulk of the cryptocurrency market trading in the red, which is largely attributed to the upcoming rate hike announcement from the US Federal Reserve Bank.  According to a report by Yahoo Finance, Fed officials are expected to deliver a third-straight 75-basis-point increase to their benchmark policy rate during the two-day meeting…
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Hackers Attack EthereumPoW and ETH Vanity Addresses, Binance Partners With Ukrainian Varus, FTX Has $1BN for Acquisitions & Bailouts + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Hackers Attack EthereumPoW and ETH Vanity Addresses, Binance Partners With Ukrainian Varus, FTX Has $1BN for Acquisitions & Bailouts + More News  Read more »Sign up for e-EUR – the progressive…
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J-pop to Go Crypto with IEO-funded Idol Group to Debut in 2023

J-pop is ready to take the crypto plunge, with Japan’s biggest pop producer set to debut a new “idol group” (a boy band or girlgroup) in the metaverse – a project that will be funded through an initial exchange offering (IEO). In a press release, a Japanese crypto-pop crossover project named Overse announced that it…
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5 Cryptocurrency Ready to Bounce Back After This Latest Crash

The cryptocurrency market is currently experiencing yet another crash. Coin prices are trading lower due to increased pressure from the broader economy and fears that the Federal Reserve would again raise interest rates. Several investors wonder if most large-cap coins will test their multi-month lows once more…. Read More: 5 Cryptocurrency Ready to Bounce Back…
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