The 4-hour chart for bitcoin will be very important in the next 2 days, 100 MA (moving average - the value of 100 candles per 4h) can become support, it is at $90,737 the area it can reach soon, it can also reach a little lower , there we find out if we have a light fix or the first more serious fix!
This week in the world of crypto: the most important news
1. Solana reaches a new historical high
Solana reached an all-time high, confirming its position as one of the most promising cryptocurrencies. At the same time, the SEC is reviewing S-1 filings for Solana-based spot ETFs, according to Fox News reporter Eleanor Terrett, who cited sources familiar with the situation.
2. US Bitcoin Spot ETFs exceed $100 billion in assets
The total net worth of the 12 US Bitcoin Spot ETFs has reached $100 billion. This important milestone was reached amid the rise in Bitcoin price, which is approaching $100,000. ETFs now account for 5.4% of Bitcoin's total market cap.
3. Coinbase to delist wBTC amid Justin Sun's growing influence
4. Goldman Sachs plans to outsource its digital asset platform
Goldman Sachs is exploring the possibility of spinning off its digital asset platform into a separate company. The process could take between 12 and 18 months, subject to regulatory approval.
5. Gary Gensler is leaving the SEC
Securities and Exchange Commission (SEC) Chairman Gary Gensler will end his term on January 20, 2025. The announcement marks the end of a controversial era in US crypto regulation.
6. Cantor Fitzgerald acquires 5% of Tether
Cantor Fitzgerald, which manages a large portion of Tether's estimated $133 billion in reserves, negotiated a 5% stake in the stablecoin issuer over the past year, according to a report published by The Wall Street Journal.
7. Charles Schwab looks into offering direct crypto investments
8. Russia proposes a 15% tax on crypto income
Russia plans to classify cryptocurrencies as property for tax purposes. Thus, revenues obtained from mining and trading will be taxed at 15%, according to a new legislative proposal.
9. Coinbase CEO meets with Donald Trump
10. Robinhood, designated the main opportunity for crypto deregulation
Bernstein's analysis places Robinhood at the top of crypto market. It remains to be seen how these events will impact
On Altcoins there is mega panic at every correction of Bitcoin and we are talking about micro corrections, we have nothing to do, we take things as they are. Don't panic, it's just the end of the week, a slightly more hectic day, if we close the week above $93,000, Bitcoin history will be written!
Good morning, bitcoin still has gas, $104,000 seems to be in the books, but the $100,000 area is a psychological threshold, turbulence may occur, an aggressive rejection is possible, it's good to take into account. Ethereum seems to be awake too, Altcoins still have work to do, but their turn is coming