Good morning Asia, here's the market situation: 1. Bitcoin rises over $28.3K, despite ongoing concerns about the CFTC's suit against Binance. 2. A DAO rallies around the Ethereum Goerli test network. _jocelynyang_ and shauryamalwa write
, which measures the overall crypto market performance, recently rose 3.4%.
In the lawsuit filed Monday against Binance in U.S. District Court in Illinois, the CFTC called several cryptos including BTC, ETH, litecoin , tether and Binance USD commodities. U.S. Securities and Exchange Commission Chairman Gary Gensler hasamid an ongoing feud between the agencies about jurisdiction.
James Lavish, managing partner at the Bitcoin Opportunity Fund, called Wednesday a"risk-on" day across the board as investors appeared to position themselves and their books ahead of several data releases later this week, including Thursday’s U.S. final fourth-quarter GDP figure release and Friday’s personal consumption expenditures inflation data.
showed that currently over 62% of traders predict that the U.S. central bank will not raise its interest rate in its May monetary policy meeting.China completed"This strengthens the argument that bitcoin may be used as a means of exchange in large cross-border energy trades in the near future," he said. “That said, I believe this reality, while valid, is still a ways off.”
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger – Regulation Bitcoin NewsEthereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” cryptocurrency bitcoin $BTC $ETH
Read more »
Ethereum (ETH) Price Analysis for March 29Can the price of ETH fix above the $1,800 zone until the end of the month? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Read more »
Asia markets set to trade mixed as investors watch Alibaba's Asia sharesAsian markets trade mixed as investors observe the reaction to Alibaba's Asian shares after reorganization, while Australia will see its inflation numbers for February.
Read more »
First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?Good morning Asia, here's the market situation: 1. Ether is up on favorable comments from cftc; bitcoin is flat. 2. Despite CFTC's positive comments about ether, its move on Binance is bearish for America, bullish for Asia. thesamreynolds writes
Read more »
3 Things That Will 'Continue to Plague Bitcoin': Steve HankeProminent Bitcoin critic professor Hanke shared why, for him, buying Bitcoin is 'fool's game'
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance – Market Updates Bitcoin NewsBitcoin moved below $27,000 on Tuesday, as the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance.
Read more »