Bitcoin

Former Bitmex CEO Arthur Hayes Says Crypto Currency Investments May Be Logical If US Treasury Continues to Borrow

Trader Jordan Lindsey believes that Bitcoin may experience a rally if it surpasses the $30,000 level. Lindsey points out that a breakout above $30,000 could confirm an upward trend in Bitcoin. Recent regulatory pressures and uncertainties in the cryptocurrency market have caused investors to shift their attention back to Bitcoin, leading to a decrease in interest in altcoins. This renewed focus on Bitcoin is also supported by factors such as its regulatory position and the spot Bitcoin ETF application by BlackRock.

BlackRock, the world's largest asset manager, has made a move towards Bitcoin, causing a divide within the crypto community. While some believe that BlackRock's entry into the market will lead to a bull run for Bitcoin, others have raised concerns about potential manipulative effects. This article explores BlackRock's influence and examines the implications of their Bitcoin ETF application.

Bitcoin (BTC) tested the $27,150 level after the news of BlackRock's ETF application. However, it faced resistance from selling pressure. As of writing, BTC is priced at $26,810. If it surpasses $27,255, it could potentially reach $28,200, $28,775, $29,250, and $30,000.

According to information from Romania, Romanian prosecutors are requesting the seizure of Andrew Tate's assets as part of the indictment.

A cryptocurrency exchange supported by American financial giants is preparing to start operating. The official announcement may come today!

According to the data, Bitcoin's volatility rate has dropped to 50% and there is a decrease in the amount of open positions.

It has been reported that Deutsche Bank AG, Germany's largest bank, has applied to offer crypto services.