2021-04-27 13:47:03
CRYPTO WEEKLY MARKET UPDATE Pros say Bitcoin’s ‘very healthy’ correction ‘builds ground for more stable growth’
Bitcoin and the wider cryptocurrency market took a beating in the late ho April 22, and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quantitative analysts like PlanB who were worried that the price growth was showing signs of being inorganic.
PlanB speculates that BTC price fall doesn't mean the end
Bitcoin’s (BTC) price has declined over the past few days, falling from highs above $60,000 to below $50,000. That, however, does not necessarily mean the asset’s bull run is over, according to a well-known crypto analyst, PlanB.
“Nothing goes up in a straight line,” PlanB said in a Tweet on Friday.
Gemini users can now buy Bitcoin with Apple Pay and Google Pay
Major American cryptocurrency exchange Gemini now lets its users purchase cryptocurrencies like Bitcoin (BTC) with Apple Pay and Google Pay.
Ethereum ETFs are here, building case for US approval of BTC and ETH funds
Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first.
“Having an easily accessed ETF in Canada changes the competitive landscape,” Campbell Harvey, professor of international business at Duke University’s Fuqua School of Business, told Cointelegraph. The United States Securities and Exchange Commission will feel pressure to approve a cryptocurrency-based ETF soon, perhaps within months, said Harvey.
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