Here is what happened yesterday in the crypto market:
Bitcoin ‘in position’ for first key RSI breakout in 6 months at $85K
Bitcoin is showing signs of a potential breakout, with excitement building around a key trend change as it circled $85,000 into the March 23 weekly close. Analysts are closely watching the weekly close to gauge Bitcoin’s price trajectory, with $85k being a key level to hold to avoid a correction to $76k.
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Ethereum eyes 65% gains from ‘cycle bottom’ as BlackRock ETH stash crosses $1B
Ether is showing signs of a potential comeback after losing half its value over the past three months. BlackRock’s ETH stash crossing $1B suggests growing institutional interest.
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Fidelity files for Ethereum-based US Treasury fund ‘OnChain’
Fidelity Investments has filed to register a tokenized version of its US dollar money market fund on Ethereum, joining BlackRock and Franklin Templeton in the blockchain tokenization space.
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Crypto security will always be a game of ‘cat and mouse’
As cryptocurrency wallet providers enhance their security measures, malicious actors are also becoming more sophisticated, leading to an ongoing battle between security and threats, according to a hardware wallet firm executive.
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