Bitcoin indicator data suggests a much stronger long-term picture than the current BTC price rejection from $69,000 would have traders believe.
Bitcoin news
Despite rising interest from both institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29.
Announcing the withdrawal of the charges, the EFCC lawyer reportedly said that Tigran Gambaryan was merely an employee of Binance.
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption.
Bitcoin institutional investors are pausing for thought while BTC price struggles to overcome resistance.
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin.
The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin’s price should be regulated or outright banned.
Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham’s data suggests the assets are still under the firm’s control.
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC’s course on its “regulation by enforcement” approach to crypto.