First Mover Americas: Bitcoin Was Weekend Warrior

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$BTC reached a five-month high over the weekend, and the Fear and Greed Index flipped to “greed” from 'neutral.' LedesmaLyllah reports.

reaching a high of $23,900 on Sunday, a level last seen on Aug. 17. The world’s largest cryptocurrency has since retreated to around $23,200. Since the start of the year, bitcoin has gained 40%. Ether is up 30% on the year. “Though the move was clearly led by above normal volumes in bitcoin, this weekend’s rally has been a shared rally with many altcoins putting in some healthy numbers,” said Laurent Kssis, crypto trading adviser at CEC Capital.

to U.S. District Judge Lewis Kaplan, the presiding judge in FTX's bankruptcy case, that was dated Saturday.as it looks to crack down on money laundering, it said in aThursday. The ministry will initially use third-party software to monitor transaction history, extract information on transactions and check the source of funds. It plans to develop its own system, which should be ready in the second half of the year.

 

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