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It rose from $58 to $373 following the agreement on tokenized deposits at the Clearing House, then corrected. The speculators have left, open interest (OI) has been cleared out, and volume has dropped by more than 80%. The price is now right at the $180–$200 breakout zone, having already swept down to $179.
The fundamentals are real: a network of U.S. banks, trials with UK banks, ECB digital euro pilots, and the Fusion mainnet. Licensing fees are paid in QNT and locked up.
Key levels to watch: $180–$200: current range (will it move up from here?) $150–$166: if the gap is filled $100–$120: as a strong area of demand (support)
DYOR
It move up $58 to $373 following the agreement on tokenized deposits within the clearinghouse, after which the price corrected. The speculators have left, open interest (OI) has been cleared out, and volume has dropped by more than 80%. The price is now sitting right at the $180–$200 breakout zone, having already swept down to $179.
The fundamentals are solid: a network of U.S. banks, trials with UK banks, ECB digital euro pilots, and the Fusion mainnet. Licensing fees are paid in QNT and then locked up.
Key levels to watch: $180–$200: current range (will it move up from here?) $150–$166: if the gap is filled $100–$120: as a strong area of demand (support)
$2 billion will enter #ETF of #Bitcoin next year: #VanEck The company is one of the applicants for the financial tool in the United States.
VanEck, a company seeking authorization for a spot bitcoin (BTC) exchange-traded fund (ETF) in the United States, estimates that these financial instruments will attract $2 billion in the first quarter of next year.
The company explains this in its most recent report that anticipates what the digital asset market will be like in 2024.
#EEUU #CryptoCriss77
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