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Bitcoin sets up lowest weekly close since early March as 4th red candle looms

Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids slowly thin below spotData from Cryptox Markets Pro and TradingView showed BTC/USD failing to retake the $40,000 mark after losing it before the

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Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users – Bitcoin News

On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge

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SEC could approve spot Bitcoin ETFs as early as 2023 — Bloomberg analysts

Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities and Exchange Commission could be the catalyst for the regulatory body approving a spot Bitcoin ETF in mid-2023.In a Thursday tweet, Balchunas said crypto platforms could fall under the

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Bitcoin eyes highest weekly close since early February as BTC price hovers under $42K

Bitcoin (BTC) stayed the near top of its recent trading range on March 20 as the weekly close looked set to crack a multi-week high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly close could set 4-week highData from Cointelegraph Markets Pro and TradingView showed BTC/USD maneuvering around the upper $41,000 zone Sunday.Friday's

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