Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Robinhood disclosed its crypto arm received warning from the SEC that could foreshadow enforcement action.A move to above $65,000 early Monday quickly reversed and prices were pressured further after popular brokerage Robinhood discloseda Wells Notice over the weekend from the U.S. Securities and Exchange Commission , a move that often foreshadows an enforcement action against a company.
Despite the halt in the rally, crypto hedge fund QCP Capital observed renewed demand for bitcoin call options for September with a strike prices of $75,000 and $100,000, underscoring the increased optimism that BTC will climb to higher prices over the next few months. Richard Byworth, managing partner of Syzcapital, said in an X post that"there's talk" in Hong Kong about adding the crypto products to the so-called Stock Connect facility, which would allow qualified mainland Chinese investors to access eligible shares listed in Hong Kong.
"Although the dip to $56,500 may have completed the correction, I still expect to see a price of $52-55,000 before wave 4 completes," Glover said, referring to the Elliot Wave theory, a technical analysis that assumes that asset prices move in repetitive wave patterns.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Altcoins Crash Once More as Bitcoin (BTC) Slips to $63K (Weekend Watch)Crypto Blog
Baca lebih lajut »
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF DebutKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Baca lebih lajut »
$1.72B Worth of Bitcoin Moved to Accumulation Addresses After Dip Below $63K: DataCrypto Blog
Baca lebih lajut »
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation ReportKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Baca lebih lajut »
Bitcoin price battles for $63K support amid warning bulls 'complacent'Bitcoin remains stuck trying to crack a downtrend with BTC price action struggling to reclaim $63,000 on Hong Kong ETF launch day.
Baca lebih lajut »
Bitcoin Explodes Above $63K as the Bulls Eye This Level Next (BTC Price Analysis)Crypto Blog
Baca lebih lajut »