Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Holdings for unbacked crypto would be limited to 1% of a lender’s capital, under plans put out for consultation Thursday Source
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Capped
Bitcoin Resumes Downtrend, Why Upsides Remain Capped
Bitcoin failed to gain pace above $40,700 and declined against the US Dollar. BTC traded to a new weekly low and might struggle to climb above $39,200. Bitcoin started a fresh decline after it failed to clear the key $40,700 resistance zone. The price is now back below $39,000 and the 100
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Ethereum Steadies Above $3K, Why Upsides Could be Capped
Ethereum is attempting an upside correction above $3,000 against the US Dollar. ETH price must clear $3,130 and the 100 hourly SMA to continue higher. Ethereum started an upside correction from the $2,950 zone. The price is still trading below $3,100 and the 100 hourly simple moving average. There was a break above
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Russians’ EU Crypto Investments Capped at 10K Euros
Measures set out by the EU Friday aim to stop oligarchs circumventing financial sanctions that target conventional bank accounts. Original Source
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Ethereum Turns Red Below $3.4K, Why Upsides Might Be Capped
Ethereum started a sharp decline from the $3,530 zone against the US Dollar. ETH price dived to $3,260 and is currently correcting higher. Ethereum started a major decline from the $3,530 resistance zone. The price is now trading below $3,400 and the 100 hourly simple moving average. There is a major bearish trend
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Bitcoin Attempts Fresh Increase, Why Upsides Remain Capped
Bitcoin attempted a fresh increase above $39,500 against the US Dollar. BTC is still facing a strong resistance near $39,800 and $40,000. Bitcoin spiked above $39,500, but it failed to clear the $40,000 resistance zone. The price is trading near $39,000 and the 100 hourly simple moving average. There was a break above
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Ethereum Revisits $2.5K, Why Recovery Could Be Capped
Ethereum extended decline below the $2,650 support zone against the US Dollar. ETH price is struggling and there is a risk of a move below $2,500. Ethereum started a fresh decline from well above the $2,800 pivot zone. The price is now trading below $2,600 and the 100 hourly simple moving average. There
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Bitcoin Capped Below $40K Resistance; Support at $35K
Bitcoin (BTC) buyers and sellers are at a stalemate. The cryptocurrency is trading in a tight range between $35K support and $38K-$40K resistance as upside momentum slows. Still, short-term buyers could remain active. Original Source
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Ethereum Revisits Key Support, Why Recovery Could be Capped
Ethereum extended decline below the $3,300 support zone against the US Dollar. ETH price could recover from $3,120, but it might face hurdles near $3,250. Ethereum extended decline below the $3,300 and $3,250 support levels. The price is trading below $3,250 and the 100 hourly simple moving average. There is a key bearish
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5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply – Exchanges Bitcoin News
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held
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