Crypto Roundup: Bitcoin's Market Moves, Ethereum ETF Concerns, and More
By: Eliza Bennet
Welcome back to another weekly crypto roundup. In this edition, we delve into a variety of developments ranging from market analysis indicating a potential Bitcoin bull trend resumption to Ethereum ETF approval concerns and much more. Let's dive right in.
- An analysis suggests a potential resumption in Bitcoin's bull trend despite its current lows.
- Hopes for Ethereum ETF approval seems quite dim because of regulatory hurdles and security classification concerns.
- Australia's ASX is reportedly primed for Bitcoin ETF launch with hopes pinned on VanEck.
- Bitcoin recovers to high of $64,500 amid an uncertain market environment.
- Blackrock and Tether are investing in Green energy and Tech companies respectively, with Blackrock funding Brain interfacing tech company Blackrock Neurotech, and Tether betting big on Green energy startups.
- MicroStrategy continues to bolster its Bitcoin portfolio amid a downturn in revenue.
- Hong Kong's initial debut of Bitcoin and Ethereum ETFs record a modest $11 million trading volume.
- The market reacts to Fed's decision to keep interest rates steady despite stubborn inflation with Bitcoin and Ethereum holding relatively steady.
- Bitcoin is still showing dominant performance despite a decline in other altcoins - read more.
