Bitcoin bull run is likely close as VanEck Head of Digital Assets says recent indicators show bullish signs in BTC. In an interview, VanEck’s Matthew Sigel said short-term holders’ realized losses and Bitcoin volatility are bullish for BTC. Altcoins ranked in the top 30 assets by market capitalization are recovering from corrections earlier this week. Bitcoin and Ethereum , the two largest assets by market capitalization, sustained above key support levels early on Friday.
/USDT daily chart Avalanche is trading at $28.49 at the time of writing. The Moving Average Convergence Divergence momentum indicator shows bullish signs, with the MACD line crossing over above the signal line and the green histogram bars above the neutral line. could extend gains to resistance at $31, an 8.77% rally for the asset.
could find support at the Fair Value Gap between $26.66 and $27.66, as seen in the chart. Market update: Exchange Traded Fund issuer VanEck filed an application for a Solana ETF on Thursday. The news catalyzed gains in SOL and its ecosystem tokens, including meme coins. I am excited to announce that VanEck just filed for the FIRST Solana exchange-traded fund in the US. Some thoughts on why we believe SOL is a commodity are below.
The Supreme Court has just ruled in a 6-3 vote that when the @SECGov seeks penalties for fraud, a defendant is entitled to a jury trial in federal court, as opposed to being subjected to the agency’s “in-house” legal proceedings. — Eleanor Terrett June 27, 2024 Coinbase partnered with Stripe to add USD Coin on Base to their crypto payouts product. Stripe transactions are now relatively faster and cheaper and users can send USDC to over 150 countries, post the partnership.
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