2020-11-18 06:46 |
Bulls pushed Bitcoin price to $18,000 but analysts still expect a ‘shallow’ correction before a new all-time high.
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US.
In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve. ” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.
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The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for the public good.
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