Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation

Dixon said creditors should fight to get out of the bankruptcy proceedings before the end of 2023, or before the price of BTC and ETH hit the estimated mark. 966 Total views 32 Total shares Bankrupt crypto lender Celsius is battling a Chapter 11 bankruptcy with billions of dollars in claims made by various parties.…

In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection. 148 Total views 3 Total shares The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight financial crime, Reddit…

The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation. 941 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe chairman of the newly formed U.S. congressional subcommittee on digital assets has pledged for progressive crypto regulations…

Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize. 270 Total views 2 Total shares Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion. Significant market volatility this week induced by the collapse of the FTX exchange has impacted stablecoins…

Last month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act. 1258 Total views 33 Total shares The United States Securities and Exchange Commission (SEC) has given the green light to Valkyrie’s futures exchange-traded fund (ETF) application. This represents another ETF…

Just a moment...

The ECB’s annual euro report stressed that a digital euro may be needed to fight off the threat of “artificial currencies” from “foreign tech giants.” 1497 Total views 1 Total shares The European Central Bank has warned that a CBDC or digital euro may be required to head off the spectre of “artificial currencies” dominating…

Bitcoin’s (BTC) recent rejection at $12,400 triggered $234 million in futures contract liquidations across derivatives exchanges. Despite a 30% rally in the past 30 days, maintaining the $11,700 level as support is undecided.Bitcoin hasn't seen a lower low ever since the mid-March 50% shakedown, which caused the price to test the sub-$4,000 level.Bitcoin USD 4-hour…

Bitcoin turned up sharply and broke above the overhead resistance, indicating the resumption of the upmove toward $70,000.