Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590.
The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year.
Bitcoin and several altcoins have recovered sharply from their intraday lows, a signal that there is healthy demand at lower levels.
Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead.
The WEF looks to introduce legacy systems to blockchains.
Several members of the Congressional Blockchain Caucus are calling for more clarity on broker-dealer rules from the U.S. securities regulator.
In the past month, Blockstack (STX) token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches.
Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges.
As Bitcoin’s impressive run continues, it would not be surprising to see crypto FOMO reach institutional investors as well.
New technology also means new responsibilities. Security is key in the digital age.
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