Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown.
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Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON
Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown.
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OKX crypto exchange enters final stage of Hong Kong VASP license application
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OKX crypto exchange enters final stage of Hong Kong VASP license application
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Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
Bitcoin (BTC) tried to break out of its range in the first half of last week but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading near the $26,000 level.
The price action of the past few days has formed two successive Doji candlestick patterns on the weekly chart, indicating uncertainty about the next directional move.
Although it is difficult to predict the direction of the breakout, the downside could be limited in the near term on expectations that the United States Securities and Exchange Commission (SEC) may eventually approve one or more pending applications for a spot Bitcoin exchange-traded fund.
Former commission chair Jay Clayton sounded confident when he said in a recent interview that “an approval is inevitable.”
Crypto market data daily view. Source: Coin360In the near term, it is difficult to pinpoint a specific catalyst that could shake Bitcoin out of its range. The lack of clarity about Bitcoin’s next trending move has kept most major altcoins under pressure.
Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
Bitcoin’s failed breakout to the upside shows that the range-bound action could continue for some time but that may not hinder the bullish possibilities in TON, LINK, MKR, and XTZ.
99% of Nigerians are crypto aware - Consensys report
A survey featuring respondents from all seven continents of the world suggests that Nigeria has the most crypto-aware populace globally.
99% of Nigerians are crypto aware - Consensys report
A survey featuring respondents from all seven continents of the world suggests that Nigeria has the most crypto-aware populace globally.
99% of Nigerians are crypto aware — ConsenSys report
A survey featuring respondents from all seven continents suggests that Nigeria has the most crypto-aware population globally.