Market Update- 14th February
1. #Bitcoin struggles to regain momentum, hovering around $95,000 after slipping below $100K and a breakout past $100K is crucial for gains.
2. #Ethereum price is moving higher above the $2,650 zone. ETH might gain bullish momentum if it clears the $2,750 resistance zone.
3. $XRP May Have Broken Out Of A Symmetrical Triangle, which weekly price of XRP may have been following a long-term Symmetrical Triangle pattern between 2018 and November of last year.
4. The SEC and CFTC are discussing a potential collaboration to regulate crypto more effectively.
5. Bank of Montreal (BMO) dives into bitcoin ETFs with a $150M buy
6. GameStop GME is considering investing in Bitcoin, sources tell CNBC.
7. Barclays discloses holding $131M worth of Bitcoin through IBIT shares in its latest 13F filing.
8. Michigan introduces a Bitcoin Reserve bill which would allow it to invest 10% of public funds into crypto such as Bitcoin.
9. SEC acknowledges Grayscale's 19b-4 filing for its spot Dogecoin and XRP ETF.