by OverviewFX | May 27, 2024 | Cryptocurrency
US politicians appear to be in a battle to prove who is more pro-crypto.The SEC did an about-face on an Ethereum ETF and now Trump has flip-flopped into a pro-crypto stance. With votes to earn here and margins small, it looks like they will be after this voting bloc...
by OverviewFX | May 24, 2024 | Cryptocurrency
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
by OverviewFX | May 21, 2024 | Cryptocurrency
The likelihood of Ethereum ETF approval has increased as the SEC signals a more positive stance towards spot Ether ETFs, causing Ether’s value to surge. Ether reached as high as $3832.50. Bloomberg analysts revising the approval probability from 25% to 75% due...
by OverviewFX | May 15, 2024 | Cryptocurrency
Bitcoin is having its best day in two weeks, climbing 5% as part of a broad rally in global risk assets.The chart caught my eye as it may be tracing out an inverted head-and-shoulder pattern, one that would target a move to $75,000.bitcoin dailyA speculative fever may...
by OverviewFX | May 15, 2024 | Cryptocurrency
Reuters cite confidential work by United Nations sanctions monitors it has sighted. North Korea laundered $147.5 million through virtual currency platform Tornado Cash in MarchAfter stealing it last year from a cryptocurrency exchange, HTX United Nations sanctions...
by OverviewFX | May 14, 2024 | Cryptocurrency
In the news on Monday was this, that UBS owns 3,600 shares of BlackRock’s iShares Bitcoin Trust (IBIT)UBS is good company, the list of authorized participants for BlackRocks’ IBIT also includes Citadel and Goldman SachsUBS does allow some of its clients to...
