BitDigest June 17 · Issue #681

Jun 17, 2020
  • Crypto pricing unchanged over 24-hours
  • Kazakhstan is latest government looking to boost economy with crypto investments
  • The Bank of Canada is officially hiring a Project Manager to oversee its CBDC program
BitDigest June 17 · Issue #681

Technical Roundup Analysis

Technical Roundup analysis finds that bitcoin’s daily trading range supports the potential for future shorter-term bounces. In the event that bitcoin does not break $10,000, the change of a retest on $8,500 levels is more likely, as they warn that bitcoin pricing cannot not be expected to remain rangebound forever.

BitDigest June 17 · Issue #681

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC -0.59% falling to $60k and ETH 0.46% approaching the low $2,300s. Aptos (APT -1.53% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 0.87% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -0.59% climbing back above $61,000 and SOL 1.59% moving above $145, while ETH 0.46% is lagging, trading around $2,400. Among today's outperformers is SUI 1.15% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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