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Grayscale's proposal to list exchange-traded funds (ETF) tied to the price of Ethereum was recently withdrawn, according to a notice by the Securities and Exchange Commission (SEC). NYSE Arca, the platform Grayscale's ETF would have been listed if approved, withdrew the proposal ahead of an anticipated decision by the regulator on similar applications by ...
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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 ...