-
An application for a rule change that would have allowed Grayscale Investments to offer an Ethereum futures exchange traded fund has been withdrawn—puzzling some analysts. According to a Securities and Exchange Commission (SEC) filing on Tuesday, the NYSE Arca Inc., the exchange on which the fund would have traded, had withdrawn the request on May 3. "On ...
-
Bitcoin has been pulling back this week following a test of the 50-Day MA on Monday with a high of 65,523. That advance broke out of a prior descending bullish wedge and expanded the top boundary line of the pattern. The pattern is deeper now showing less price compression than seen in the earlier version. Both the 50-Day and 20-Day MAs are above the ...