Bitcoin bull Mark Yusko sees bother at $60,000, calls the cryptocurrency ‘overbought’ proper now

Bitcoin bull Mark Yusko sees bother at $60,000, calls the cryptocurrency 'overbought' proper now

[ad_1] A bitcoin bull is on pullback watch. Hedge fund supervisor Mark Yusko believes traders will take income as a result of cryptocurrency’s sharp rally over the previous couple of weeks. “There are lots of people that suppose we might hit $100,000 by the tip of the yr. The inventory to circulate mannequin says we … Read more

The SEC is ready to permit bitcoin futures ETFs to start buying and selling—here is what traders ought to know

The SEC is ready to permit bitcoin futures ETFs to start buying and selling—here is what traders ought to know

[ad_1] In a large victory for the cryptocurrency trade, the Securities and Alternate Fee is ready to let the primary U.S. bitcoin futures exchange-traded funds begin buying and selling subsequent week, CNBC reported on Friday. Sources acquainted with the matter told CNBC that the SEC is not prone to block the futures-based bitcoin ETFs proposed … Read more