![]() ![]() As the senior financial analyst at FxPro, Alex is a guest expert in 1-tier global media such as Forbes, Coindesk, Euromoney and Morning Star. Alex covers fundamental analysis, global markets, the foreign exchange market, gold, oil, and cryptocurrencies in his analytical pieces. He is the author of daily reviews on the impact of economic events with comments featured in top international and Russian media. The SEC's litigation with two major cryptocurrency exchanges has likely piqued the community's interest.Īlex Kuptsikevich is a financial market professional with 16-years’ experience and a senior financial analyst at FxPro. More than 364 thousand people subscribed to the BTC section between 4 and 11 June. ![]() The total number of subscribers to Reddit's leading cryptocurrency communities, r/Bitcoin and r/Ethereum, reached a new record high of 7 million users. Damage is tentatively estimated at $15-20 million. The US Securities and Exchange Commission (SEC) has previously rejected almost all applications to register cryptocurrency ETFs.Īpple has rejected a new version of its non-custodial Zeus wallet app for the Lightning Network on the App Store.Ĭryptocurrency broker Floating Point Group (FPG), which has $50 billion in assets under management, reported a hack and halted trading, deposits and withdrawals. Investment giant BlackRock is preparing to file for a Bitcoin ETF. We at Tether are as ready as ever," said Tether CTO Paolo Ardoino. "The markets are nervous these days, so it's easy for attackers to take advantage of the general sentiment. The coin's weighted average exchange rate fell to 0.9958, according to CoinMarketCap. Tether's USDT stablecoin has moved away from parity with the US dollar. Its been a long time since my lastupdate, but i have finally more time now and will post these updates on a. Targets for the current downtrend stay in the $23.6K area.Įthereum has exhausted most of its corrective potential, as it has breached the 200-day moving average at $1630 and briefly touched oversold territory on the daily RSI. We will include as much of the Ledger operating system as possible, starting with core components of the OS, and Ledger Recover, which won’t be released until this work is complete. However, the move is still in a downtrend and will remain so until the price breaks above previous local highs - now at $27.3K. The cryptocurrency's fear and greed index rose from 41 to 47, back into neutral territory.Īs expected, bitcoin found support on the dip below $25,000, leaning on external positivity and short-term oversold conditions. Demand also came after Tether's USD peg was restored, although the exchange rate was still 0.1% lower than 7 and 30 days ago. It took a continuation of the Nasdaq rally and a dollar weakening by more than 1% from its intraday high to revive demand here. The crypto market has climbed 2% in the last 24 hours to 1.04 trillion. ![]()
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