Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends

Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge.While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting setups…

Bitcoin returns to 18-month highs as whipsaw BTC price action manages to avoid another open interest blowout. 839 Total views 19 Total shares Bitcoin (BTC) circled a key level into the Nov. 16 Wall Street open after copycat BTC price action produced a fresh attack on $38,000.BTC/USD 1-hour chart. Source: TradingViewBTC price matches 18-month highsData

Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Downtrend acceleration" still in forceData from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it chopped around the $19,000 mark into the weekend.The Wall Street trading week had finished…

Retail giant Overstock has released its Q2 2019 financial results, revealing a 23% decrease in revenue and a 19% loss in gross profit.In a shareholder announcement published on Aug. 8, Overstock stated that its blockchain subsidiary firm, tZERO, is progressing as planned, with a focus on six key areas — notably security tokens.No pain no…

Binance.US, the United States-based arm of major crypto exchange Binance, will start trading on Sept. 24, offering zero trading fees until Nov. 1, 2019.13 trading pairsBinance.US will launch 13 fiat-to-crypto and crypto-to-crypto trading pairs tomorrow, according to a blog post on Sept. 23.The trading pairs include major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP,…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

The Australian Securities and Investments Commission wants to support the local cryptocurrency industry, despite receiving large numbers of reports about crypto scams. 1882 Total views 20 Total shares The Australian Securities and Investments Commission, or ASIC, has expressed its desire to support the crypto industry, noting the challenges associated with regulating innovative technologies.Speaking as part…

The first blockchain was launched more than 10 years ago and since then, it has evolved from simply being a backbone for Bitcoin (BTC) to a global technological phenomenon. In some sense, the distributed ledger became more popular than Bitcoin itself. Even the harshest cryptocurrency critics — like the government of China and JPMorgan Chase’s…

Crypto exchange Binance has added Circle’s USD-pegged stablecoin USD Coin as a quote asset for several new trading pairs in its combined Stablecoin Market (USDⓈ). The exchange has announced this in an official post published Dec. 14.USD Coin (USDC), first announced by Goldman Sachs-backed Circle this May, and released in September, is one of a…