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“# Mass appeal: Could a Bitcoin futures EFT electrify US investors? ” Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated exchanges in Europe, while Canada and Brazil have already introduced their own versions this year. Over the past…
“# Bitcoin targets $51K ‘final resistance’ as ETH nears $4K for the first time since May ” Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up a $51,000 offensive Data from Cointelegraph Markets…
“# Crypto and blockchain jobs’ share grew 118% in 10 months, new data shows ” Gathering together the most recent data on the cryptocurrency and blockchain job market, a new report suggests that higher levels of institutional adoption have spurred greater demand for expertise in the sector. According to the employment website Indeed — cited Thursday in…
“# BTC price dips to test $48K ‘springboard’ for potential new Bitcoin bull run ” Bitcoin (BTC) briefly fell below $50,000 to retest support on Sep. 3 in a “critical” move for determining bullish continuation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to lows of $48,350…
“# Shop.com now accepts Bitcoin payments after partnership with BitPay ” United States-based e-commerce platform Shop.com is the latest such site to adopt cryptocurrency payments. The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments in several cryptocurrencies including Bitcoin (BTC)….
“# Franklin Templeton seeks experts for Bitcoin trading and crypto research ” Franklin Templeton is the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals. The American asset manager is looking for two medium-senior level experts to lead its crypto trading and research efforts, according to LinkedIn…
“# JPMorgan sounds alarm over ‘frothy’ crypto markets after August boom ” JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets,…
“# 70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near ” With less than a week to go before El Salvador’s Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption. A survey conducted by the local Central American University’s (UCA) Institute of…
“# 17% of Australians now own crypto, totaling $8B between them: Survey ” One in six Australians now own cryptocurrency, with the total value of their holdings adding up to $8 billion, according to a recent survey. The full report of the Finder Consumer Sentiment Tracker was posted online on September 2. It is a…
“# Traders identify $51K as the key level for Bitcoin to overcome in the short term ” The crypto market is back in high spirits on Sept. 2 after Bitcoin price briefly tapped the $50,000 level in the early morning trading session. The move above the key resistance level came as industry insiders hinted that…