Crypto stabilises at cosy height

Bitcoin is currently trading around $23.0000. The increases to $23.7,000 and $22.5,500 will leave their mark on the chart, but will not change the equilibrium point of the market. Interestingly, this swing occurs against the background of a rising stock market and a moderately weaker dollar, although this environment often increases risk appetite. btc crypto This buyer passivity may be due to fatigue after a % YTD rally, but it may also reflect an internal push to sell to the upside. This applies to the crypto market, whose capital has stabilized at just over $1 million. You should be prepared for a lack of large transfers before the Fed’s decision next Wednesday. News Background According to a study by CryptoCompare, the market share of algorithmic stablecoins has increased sevenfold since last April to 1.7 percent of all stablecoins. US Senator Elizabeth Warren said that the crypto industry fears a crackdown by the US Securities and Exchange Commission (SEC). However, he said the SEC should redouble its efforts to provide the best possible protection for investors. Central Bank of Ireland Governor Gabriel Makhlouf has proposed a ban on cryptocurrency advertising to protect retail investors from losing money. btc crypto China’s tax authorities have stepped up pressure on retail crypto investors by requiring exchanges and retail and corporate investors to provide comprehensive information on all digital asset transactions starting in early 2022. Amid the general market rally, the cryptocurrency Aptos (APT) has risen over 390% in the past 30 days. Aptos has surpassed Stellar and Bitcoin Cash (nearly $3 billion) in capitalization and is approaching Ethereum Classic and Monero. PancakeSwap (PCS), a leading decentralized exchange based on the BNB chain, announced its integration with Aptos in October.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.