Cryptocurrency
- December 9, 2020
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Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590.
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The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year.
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Bitcoin and several altcoins have recovered sharply from their intraday lows, a signal that there is healthy demand at lower levels.
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Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead.
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The WEF looks to introduce legacy systems to blockchains.
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Several members of the Congressional Blockchain Caucus are calling for more clarity on broker-dealer rules from the U.S. securities regulator.
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In the past month, Blockstack (STX) token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches.
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Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges.
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As Bitcoin’s impressive run continues, it would not be surprising to see crypto FOMO reach institutional investors as well.
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New technology also means new responsibilities. Security is key in the digital age.
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