Fear of serious regulatory enforcement against the crypto sector and concerns over the strength of the most recent rally in Bitcoin and Ethereum prompted traders to take a little bit off the table as BTC, ETH and altcoin prices softened.
Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect United States and global regulators to eventually lay down a strong hammer on centalized exchanges and other businesses connected with the crypto sector.At the time of writing, BTC price had dipped to an intraday low at $20,400, and Ether gave back its daily gains to trade as low as $1,500.
As shown by the charts below, the revelation that Bitzlato had been shuttered and its founder arrested was a lighter blow than expected by the market and the daily candles reflect a bit of indecision as traders decide whether to re-enter the market.Additional pressure on crypto assets could also be coming from a dim outlook of the U.S.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September – Market Updates Bitcoin NewsBitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail sales data.
Weiterlesen »
Bitzlato founder arrested for allegedly processing $700 million in illicit fundsThe Justice Department arrested the founder of crypto exchange Bitzlato, calling the China-based exchange a 'high-tech axis of cryptocrime.'
Weiterlesen »
US Takes Action Against Bitzlato Crypto Exchange, Arrests FounderThe U.S. Treasury Department and Department of Justice have accused the little-known crypto platform of laundering funds tied to illicit Russian finance and its founder has been arrested.
Weiterlesen »
Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit MoneyU.S. authorities have designated cryptocurrency exchange Bitzlato as a primary money-laundering concern and charged its founder for allegedly facilitating money laundering for criminals and for operating illegally in the U.S.
Weiterlesen »
Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork – Bitcoin NewsAccording to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023.
Weiterlesen »
Wrapped Bitcoin (WBTC) Is Melting on Ethereum Chain, What's Happening?Tokenized version of Bitcoin on Ethereum has been slowly melting for last few months, which brings us to unpleasant conclusion
Weiterlesen »