Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month

The total assets under management across all crypto exchange-traded products (ETPs) worldwide have risen 50% this month to nearly $44 billion. Among listed products, Grayscale’s bitcoin trust tops the list with the most assets under management while Bitwise’s fund was the best performing bitcoin product by market price over the last 30 days. Cryptocompare published … Read more

Bitcoin Price Prediction: Downtrend Continues as BTC/USD Crashes Below $46,000 Support

Bitcoin Price Prediction (BTC) – February 27 For a couple of days now, Bitcoin (BTC) has been trading below $52,000 and the next target support level could be $40,000. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $54,000, $56,000 $58,000 Support Levels: $39,000, $37,500, $35,500 BTCUSD – Daily ChartBTC/USD crashes for the fifth … Read more

Morocco’s Central Bank Sets Up Committee to Study CBDC

According to a news release from Moroccan media, the North African state’s apex bank is exploring the idea of a state-sanctioned digital currency.  BAM Not Ruling Out CBDCs for the State The announcement, which was made over the weekend, confirmed that Bank Al-Maghrib (BAM), the Kingdom of Morocco’s central bank, has set up a committee … Read more

Ripple Price Prediction: XRP/USD Regains Ground Above $0.45; Still Vulnerable To Losses

XRP Price Prediction – February 27 Within 24 hours, Ripple (XRP) is gaining more than 4.12% and the next resistance level may be at $0.50. XRP/USD Market Key Levels: Resistance levels: $0.55, $0.60, $0.65 Support levels: $0.30, $0.25, $0.20 XRPUSD – Daily ChartXRP/USD moves from $0.42 to the area above $0.44 in a matter of … Read more

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