Bitcoin Gold Price Forecast: BTG/USD 2% recovery hits wall at 50 SMA, what next?
Bitcoin Gold is among the best performing digital assets in the market on Wednesday, especially during the European session. Recovery has been staged from Monday’s losses at $8.06. Looking back the price has been in a downward trend since the hurdle at $10.00 in the first week of June.
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Ripple Market Update: Ripple makes its way to top-50 disruptors of 2020
CNBC, an American news media corporation, published a list of 50 disrupters of 2020, the companies that made an impact in the year. Ripple took the 28th place in the rating and become was the only digital currency project that made its way in the list.
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IOTA Price Analysis: IOT/USD unlikely to break above $0.2300
IOTA is the 23th largest digital asset with the current market value of $627 million and an average daily trading volume of $12 million. The coin has gained over 2% in the recent 24 hours and over 3% since the start of Wednesday to trade at $0.2266 at the time of writing. IOT/USD is recovering after the recent sell-off in sync with the market.
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Lukas Enzersdorfer-Konrad, Bitpanda deputy CEO: “Crypto needs Gary Gensler gone”
Lukas Enzersdorfer-Konrad is the deputy CEO at Bitpanda, a broker based in Europe with more than five million users. At the European Blockchain Convention held in Barcelona, the executive shared with FXStreet his views on the current state of the crypto industry and its regulation.
Bitcoin still consolidates despite positive spot ETFs demand
Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
Why is ONDO’s price outlook bullish?
DefiLlama data shows that Ondo TVL reached a new ATH of $613.75 million. Ondo’s Supply Distribution metric shows whale accumulation. On-chain data shows that ONDO’s daily trading volume is rising, and the supply of exchanges is decreasing.
Maker price eyes a rally on technicals and on-chain metrics
Maker trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence. This positive outlook is reinforced by MKR’s Exchange Flow Balance, which shows a negative spike, indicating growing investor confidence in the platform.
Bitcoin: Fed-led rally could have legs towards $65,000
Bitcoin is poised for a second consecutive week of gains, supported by the recent 50-basis-point cut in interest rates by the Federal Reserve. Bitcoin broke above several key technical resistances this week, signaling a rally continuation.
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