Fatfish Internet Group’s CEO says Bitcoin ETF will be live in a couple of months. BTC/USD down 2% on a daily basis amid waning momentum. Bitcoin is changing hands at $8,100, off Monday’s low registered at $7,850. The digital coin No.1 is still 28% higher on a monthly basis, though the upside momentum has faded away recently. Cryptocurrency community discusses SEC’s decision to reject Bitcoin ETF proposal submitted by Winklevoss. While Ethereum’s founder Vitalik Buterin believes that too much emphasis is put on institutional adoption, Kin Why Lau CEO of venture capital firm Fatfish Internet Group is sure that in a couple of months the crypto industry will be ready to adopt Bitcoin ETF. Speaking with CNBC, he explained that we witness a strong wave on institutional and mass adoption, which will drive the interest towards cryptocurrency-based products. Bitcoin’s technical picture From the longer-term perspective, BTC/USD took off from 50.0% Fibo retracement at $7,862. and managed to retun to the area above $8,000, which is definitely a positive sigh. Once the price stays above this level, there is a chance that the upside will be resumed with the initial aim at $8,300 on the upside. If the support is broken, the sell-off may be extended towards $7,595 (100-DMA). BTC/USD, the daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD Review: hanging just above 1.31 as traders brace for US consumer spending figures FX Street 5 years Fatfish Internet Group's CEO says Bitcoin ETF will be live in a couple of months. BTC/USD down 2% on a daily basis amid waning momentum. Bitcoin is changing hands at $8,100, off Monday's low registered at $7,850. The digital coin No.1 is still 28% higher on a monthly basis, though the upside momentum has faded away recently. Cryptocurrency community discusses SEC's decision to reject Bitcoin ETF proposal submitted by Winklevoss. While Ethereum's founder Vitalik Buterin believes that too much emphasis is put on institutional adoption, Kin Why Lau CEO of venture capital firm Fatfish Internet Group is sure that in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
