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ecoinometrics: #Bitcoin dominance exceeds 50% and has a tendency to rise. This is happening at the same time when the total market capitalization of cryptocurrencies is close to its historical high. And we have not yet seen that phase of the bull market when #altcoins will take over. $BTC

ecoinometrics: #Bitcoin dominance exceeds 50% and has a tendency to rise.

This is happening at the same time when the total market capitalization of cryptocurrencies is close to its historical high.

And we have not yet seen that phase of the bull market when #altcoins will take over.

$BTC

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🇺🇸 US Economic Data This Week: - CPI Inflation (Tuesday) - PPI Inflation (Wednesday) - Retail Sales (Wednesday) - New York Fed Manufacturing Index (Wednesday) - Unemployment Claims (Thursday) - Philadelphia Fed Manufacturing Index (Thursday) - Building Permits (Thursday) - Housing Starts (Thursday) - Industrial Production (Thursday)
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Experts say that Robinhood will win the legal battle against the SEC. Just two days ago, American FinTech Robinhood received a so-called Wells notice from the SEC. Usually, this is the last step before the U.S. Securities and Exchange Commission officially files a lawsuit. #BTC - ECHO reports this. Reason: The U.S. Securities and Exchange Commission accuses the California-based FinTech of violating existing securities regulation legislation. In a report published now by investment bank Keefe, Bruyette & Woods (KBW), the conclusion is drawn that Robinhood will win the legal dispute against the Securities and Exchange Commission, as reported by the crypto portal Coindesk. Accordingly, KBW analysts were surprised by the SEC's aggressive approach, as Robinhood has been quite conservative in offering digital assets. The broker's portfolio includes only 15 cryptocurrencies. Much less than many other companies offer their clients. KBW analyst Kyle Voigt therefore writes: "We assume that there will be no changes to current crypto operations at HOOD or asset lists in the U.S." However, experts expect the SEC to follow up with an official lawsuit following the Wells notice. However, KBW believes that the chances of Robinhood winning the legal dispute are significantly higher than those of other companies that also offer cryptocurrencies. Analysts also suspect that the SEC will not take legal action against the entire Robinhood Crypto offering, but only against individual cryptocurrencies. Special attention is paid to Ethereum here, as the SEC has repeatedly emphasized that it is likely a security. #ETH accounts for about 25 percent of Robinhood's cryptocurrency offering.
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Trading volumes of gold in China have significantly increased. Additionally, the Central Bank of China is rapidly accumulating gold.
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Tax rates in European countries.
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Analyst: If #Bitcoin manages to reclaim the support level at $64,290, it is likely to rise to $76,610. However, if it fails to surpass the $64,290 mark, $BTC may retest support at $51,970.
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