
Bitcoin Price Steadies Around $42,000 after Sharp BTC Correction, What’s Next?
Analysts are hopeful of the Bitcoin price recovery stating that the shakeout was just to weed out excess leverage and weak hands.
Analysts are hopeful of the Bitcoin price recovery stating that the shakeout was just to weed out excess leverage and weak hands.
The consensus within the crypto community is that a green light for a Bitcoin ETF is imminent, with expectations pointing towards an early approval in 2024.
The CEO of LMAX David Mercer noted the significance of the new development to the crypto space.
The 30% stake acquisition in LMAX Group will help investment giant J.C. Flowers to expand its institutional services as well as step into overseas markets like Asia.
The LMAX Group will provide financial data to the Pyth Network using oracles which will further facilitate high-fidelity real-time trading on the decentralized blockchain network.
Some of the firms included in the deal with Standard Chartered are UK-based financial technology company LMAX, crypto exchange ErisX, Switzerland-based custody provider METACO and UK-based trading technology provider Cobalt.