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However, with macroeconomic conditions not looking positive globally, BTC could also continue to go lower with the trendline acting as descending support. With another daily candle now closing above this trendline, combined with its RSI, an upward trend bouncing off its moving average, this may signal the end of new lows, temporarily at least. Investment management firm Hamilton Lane will tokenize three of its funds in a partnership with digital-asset securities company Securitize.īitcoin (BTC) entered the $20,000 territory again on Wednesday with a daily close that overcame a long trendline that has acted as resistance since November 2021. The Middle East and North Africa (MENA) region was the fastest-growing market for crypto adoption during the 12-month period that ended on June 30, according to blockchain analytics firm Chainalysis. Two Sigma Securities, a quantitative hedge fund with about $60 billion in assets under management, will provide data to popular blockchain information network Chainlink, according to a press release. "The global crypto market cap remained under $1 trillion." "With indication of a less aggressive tightening on inflation by the Federal Reserve, the market is slowly opening up and we could have higher gains if the trend holds," he added. BTC price is down -0.4 in the last 24 hours. The first week of October started with some positive movement in the world of cryptocurrency, said Prashant Kumar CEO and Founder of weTrade. Bitcoin price today is 19,427.35 with a 24-hour trading volume of 12,931,274,770. Such transactions, though perfectly kosher in Dubai, which wants to position itself as the world's crypto capital, can come back to haunt the property owners, most of whom are unmindful of the regulatory and legal pitfalls ahead Many wealthy Indians are paying in cryptocurrencies to buy properties in Dubai, with leading realtors in the emirate accepting the digital coins to cut deals.
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