Bitcoin BTC Price Watch- Bulls Defend Uptrend Line Aiming Higher

Bitcoin (BTC) Price Watch-  Bulls Defend Uptrend Line, Aiming Higher

Bitcoin (BTC) Price Watch- Bulls Defend Uptrend Line, Aiming Higher

 

Bitcoin Price Key Highlights

 

  • Bitcoin price pulled back to the area of interest marked previously and bounced off support.

  • Price is setting its sights back on upside targets indicated using the Fibonacci extension tool.

  • Technical indicators are giving mixed signals in terms of direction, but bearish pressure appears to be fading.

Bitcoin price is resuming its climb after testing the rising trend line connecting the lows since mid-August.

Technical Indicators Signals

The 100 SMA is still below the longer-term 200 SMA on the 4-hour time frame to indicate that the path of least resistance is to the downside. In other words, there’s still a chance for the selloff to resume at this point.

However, the gap between the moving averages is narrowing to indicate slowing selling pressure. The 200 SMA, which lines up with the trend line, also held as dynamic support and could continue to do so moving forward.

In that case, bitcoin price could aim for the 38.2% extension at the swing high next or the 50% extension just past the $7,200 major psychological resistance. Stronger bullish momentum could bring it up to the 61.8% extension at $7,315 or the 78.6% extension at $7,457.70. The full extension is just above the $7,600 mark.

RSI is on the move up so bitcoin price could follow suit while buyers have the upper hand. This oscillator has some room to climb before hitting overbought levels, which means that buyers could stay in the game for a bit longer.

Meanwhile, stochastic just pulled up from the oversold area to indicate a return in bullish pressure. This has more room to head north, also suggesting that the bounce could be sustained.

A bit of month-end profit-taking flows could be seen so be mindful of any sharp dips as traders try to book profits off recent positions. In the meantime, traders still seem optimistic that the SEC could have a more positive decision in the pending bitcoin ETF applications.

 

 

 

SARAH JENN | AUGUST 31, 2018 | 4:32 AM

Alan Zibluk Markethive Founding Member

The Pressure to Have Sex and Be Attractive

In many cultures, women are pressured to have sex and look appealing to men

Written by Hope on 25/07/2015
Series: Weekly Devotional
Tags: Beauty, Culture, Relationships, Sex, Temptation
“Don’t be concerned about the outward beauty of fancy hairstyles, expensive jewelry, or beautiful clothes. You should clothe yourselves instead with the beauty that comes from within, the unfading beauty of a gentle and quiet spirit, which is so precious to God.” I Peter 3:3-4 (NLT)

From a young age, what were you taught to “be?” In many cultures, girls are taught how to be pleasing to men. This can cause a girl to stop focusing on God and get consumed with trying to catch a man’s attention through looks, actions and even sex.

Constant Pressure
Were you taught that your goal in life is catch a man’s attention so you can get married one day? Although God has a wonderful plan for marriage, our duty is to “live in a way that pleases God” (I Thessalonians 4:1), not men or women. From every direction, we are pressured to look, act and live like the admired women of our culture: being obsessed with shoes, clothes, jewelry, or hairstyles; or making your face or body look a certain way; or having a boyfriend or husband.

Remember, “those who are controlled by the Holy Spirit think about things that please the Spirit” (Romans 8:5). Let God’s Holy Spirit transform you into the woman He wants you to be, rather than the woman the world says you should be.

Growing Obsessions
Obsessions about your appearance can hurt your relationship with God and cause you to seek earthly things. You might even use your looks or body to gain control over people who are attracted to you. For example, some people want or need money. As a result, they use their appearance to attract someone who has lots of money instead of trusting God to provide.

By trying to gain power over others using sexual attraction, you begin focusing on sex rather than the Lord. But Jesus instructed His followers, “seek the Kingdom of God above all else and live righteously, and he will give you everything you need” (Matthew 6:33). Rather than being tempted to depend on your own looks or body to get what you want or need from others, trust in the infinite power of God.

Being Holy
Your family, friends and even other Christians may not recognize this temptation. Some men often pretend to love an attractive woman to get them to have sex. But remember that “God’s will is for you to be holy, so stay away from all sexual sin” (I Thessalonians 4:3). When you find yourself tempted to pursue earthly approval from men, or use sex and material things to attract men, remember the Bible’s instructions to “set your minds on things that are above, not on things that are on earth” (Colossians 3:2).

Pray this week:
Dear God, help me focus on pleasing you instead of men or women. By the power of the Holy Spirit, make me the person you want me to be and help me to put aside sexual temptation. Amen.

Do you feel pressure to have sex or do you pressure men or women to look attractive and please the opposite sex? Talk to a caring Christian about it.

Alan Zibluk Markethive Founding Member

Bitcoin BTC Price Watch – Make Or Break At 7000

Bitcoin (BTC) Price Watch - Make Or Break At $7,000

Bitcoin (BTC) Price Watch – Make Or Break At $7,000

Bitcoin Price Key Highlights

  • Bitcoin price is once again attempting to break past the key $7,000 barrier on its climb.

  • If it does, bullish pressure could kick in and complete the formation of a long-term double bottom reversal pattern.

  • The pattern’s neckline would be at the $8,400 mark and a break higher could spur a prolonged rally.

Bitcoin price is back to the key $7,000 mark and a strong upside break could confirm that a big rebound is in order.
 

Technical Indicators Signals

The 100 SMA is below the longer-term 200 SMA on this time frame to signal that the path of least resistance is still to the downside. In other words, resistance is more likely to hold than to break.

However, the gap between the two indicators has narrowed significantly to indicate that a bullish crossover may be in the works. In that case, more buying pressure could be seen once completed, giving bitcoin price enough energy to sustain a move past $7,000.

This would put in on track towards testing the neckline around $8,400 to $8,500 and complete a large double bottom pattern. This reversal formation would span around $2,700 in height, which suggests that the resulting move could be roughly the same size.

RSI is still heading lower for now, though, so sellers might have the upper hand. Similarly stochastic is moving south so bitcoin price could follow suit while sellers stay in control. Sustained bearish momentum might even lead to another test of the bottoms at $5,800.

BTCUSD Chart from TradingView

However, the mood is somewhat positive in the industry as investors await the SEC decision on pending bitcoin ETF applications. To top it off, risk appetite has been evident in global financial markets thanks to developments in NAFTA and Brexit.

It might take an industry-specific catalyst to sustain any potential rallies, though, and it’s likely that the regulator’s ruling could do the trick. Approval could bring stronger volumes and increased activity for bitcoin and its peers.

 

Sarah Jenn – NewsBTC – 1 hour ago

Alan Zibluk Markethive Founding Member

4 Symptoms of a heart attack that are easy to dismiss

Did you know that you can have a heart attack without knowing it? It's called a Silent Heart Attack, and it's more common than you may realise. 

It's like any other heart attack where blood flow to a section of the heart is temporarily blocked and it causes scarring and damage to the heart muscle.

It doesn't come with the obvious symptoms most of us recognise – chest pain, shortness of breath, clammy palms and cold sweats.

Silent heart attacks can have little to no symptoms – but mostly unrecognised symptoms – those which you wouldn't think relate to a heart attack. 

But just because they're silent, doesn't mean they're harmless. A silent heart attack can be just as dangerous as its more obvious counterpart. Because of the scarring and damage it causes, it puts you at greater risk for other heart problems.

Read on below to discover the most common, and often missed, symptoms of a Silent Heart Attack…

In the next 30 seconds two South Africans will die from either heart disease or diabetes…

Don't let the next statistic be you!

Research studies from the likes of Mayo Clinic, the Linus Pauling Institute and the Sports Science Association have shown that supplementing with a combination of just three natural nutrients could reverse some of the world’s deadliest and most common conditions.

•    30% Reduction in fasting glucose in Diabetes sufferers…
•    27% Reduction in heart related disease…
•    Seven times more weight loss…
•    Rapid muscle growth… 

Symptoms to look out for that could spell 'heart attack'

Sometimes, the symptoms can be really subtle – and could be mistaken for a less serious condition:

Anxiety 
Dizziness
Heart palpitations
Trembling
Sweating
Shortness of breath
Indigestion 
Heartburn
Nausea
Stomach discomfort
Sweating

Flu
Muscle ache
Fatigue
Fever
Headache
Nausea
Shortness of breath
Muscle strain
Pain or pressure in the upper back or chest
You'll agree these Silent Heart Attack symptoms could easily be missed. The risk factors for a silent heart attack are the same though, so know what your blood pressure and cholesterol levels are, stop smoking and lose weight if you are overweight. 

To your good health,

     A.Pombo
Antoinette Pombo
FSPHealth&Fitness

 

Alan Zibluk Markethive Founding Member

How to Follow God’s Commands

Jonah’s story shows us what happens when we disobey God’s commands

Written by GodLife on 20/03/2018
Series: Weekly Devotional
Tags: Grace, Mercy, Obedience, Commands, God
Now the word of the Lord came to Jonah the son of Amittai, saying, “Arise, go to Nineveh, that great city, and call out against it, for their evil has come up before me.” But Jonah rose to flee to Tarshish from the presence of the Lord.

Jonah 1:1-3
When I started college, I felt God commanding me to fully commit to a church family so that He could work through fellow believers to shape me more like Jesus.

How did I respond? I disobeyed and my life hit a sorrowful low as I continued to ignore the commands of Jesus. It was only by God’s grace and mercy that He received me back and I began to take his commands seriously again.

Have you ever tried to avoid a direct command from the Lord?

A story in the Bible of a prophet named Jonah shows us more clearly what can happen when a believer of God directly disobeys His commands – and it also reveals a lot about God’s true character.

Listening to God’s commands
We should first answer a question that many people have: “Why should we listen to God’s commands? How can we be sure God has our best interests at heart?” The Apostle Paul gives us an answer that provides a lot of hope.

“What then shall we say to these things? If God is for us, who can be against us? He who did not spare his own Son but gave him up for us all, how will he not also with him graciously give us all things?” (Romans 8:31-32)

The Bible also makes it clear that following God’s commands proves our love for Jesus and appreciation for the sacrifice He made for us on the cross.

“And this is love, that we walk according to his commandments; this is the commandment, just as you have heard from the beginning, so that you should walk in it.” (2 John 1:6)

So how do we know what to follow? Well, God made it pretty easy by laying out many specific commands for us in the Scriptures, including well-known ones like ‘do not kill,’ ‘do not covet’ and others in the Ten Commandments. But he also speaks to us on a personal level – as He did in my story above – and guides us which way we should go throughout our daily lives.The Lord wants us to grow into a deeper communion with Him. We can't do that if we disregard His commands, like Jonah did. Embracing His will for us is the best way to get to know Him better.

What happens when we disobey
As seen in Jonah’s story, things go completely sideways when Jonah ignores God’s commands.

The Lord called Jonah to go to Nineveh and call it out of its sin (Jonah 1:1-3). Jonah didn’t want to do this because he felt the Ninevites, an enemy of the Jewish people, didn’t deserve the grace of God, so he ran from God.

Following his disobedience, Jonah was caught in a heavy storm while on a ship and was thrown overboard where he is then swallowed by a large fish (Jonah 1:11-15).

God was making it clear to Jonah that he saw his disobedience and was not happy with it. As a result of Jonah’s disobedience, his life was thrown into chaos and he was not experiencing what God intended him to. But God also orchestrated these events in Jonah’s life so that he had no choice but to obey Him. God may not always act so obviously in our lives when we disobey Him, but this story shows how serious God is about his followers truly following Him. 

After some grumbling, Jonah ended up in Nineveh and reluctantly followed God’s command to call Nineveh out of its sin (Jonah 3:1-5). And a funny thing happened: they repented immediately (Jonah 3:6-9)! 

God’s character revealed
This is what God wanted all along, in order to show that His great grace and mercy is available to everyone, even to people that were once enemies of Him and His people. In fact, we were all once like the Ninevites – enemies of God because of our sin – but the grace and love of God is greater than any sin we can imagine.

“But God shows his love for us in that while we were still sinners, Christ died for us.” (Romans 5:8).

This opportunity for repentance was only available because Jonah eventually obeyed God’s commands. What could God do through us if we are serious about obeying His commands?

Pray this week:
“God, help me trust Your will for my life and teach me to listen to your commands. I trust that your plan for my life is the best for me. Thank you for your grace and mercy. Amen.”

How have you disobeyed God this week and how can you make steps to obey Him in the week ahead?

Alan Zibluk Markethive Founding Member

Bitcoin BTC Price Watch – More Buyers Waiting to Join

Bitcoin (BTC) Price Watch -  More Buyers Waiting to Join

Bitcoin (BTC) Price Watch – More Buyers Waiting to Join

 

Bitcoin Price Key Highlights

  • Bitcoin price is still on a tear, making its way up to the top of an ascending channel on the 1-hour chart.

  • Price could be due for a pullback to the channel bottom from here in order to gain more bullish momentum.

  • The Fib levels on the latest swing low and high show the areas where buyers might be waiting.

Bitcoin price could be due for a quick pullback from its ongoing climb as buyers wait to hop in at better prices.

 

Technical Indicators Signals

The 100 SMA is safely above the longer-term 200 SMA to confirm that the path of least resistance is to the upside. In other words, the uptrend is more likely to resume than to reverse.

The gap between the moving averages is also widening to signal strengthening buying momentum. The 100 SMA lines up with the 38.2% Fib at $6,800 while the 200 SMA is closer to the bottom of the channel, which might be the line in the sand for a bullish pullback.

In addition, this is near the area of interest or former resistance around $6,700 which might hold as support moving forward. If so, bitcoin price could resume the move to the swing high or the top of the channel closer to $7,200.

RSI is on the move down, though, so there may be some bearish pressure left. This oscillator has a bit of room to head south before indicating oversold conditions, so the correction could go on for a bit longer.

Similarly stochastic is pointing down to confirm that sellers are in control for now. Once both oscillators hit oversold levels and start turning back up, buying pressure could return and allow the climb to resume.

Speculations for a rebound until the end of the year are being revived as traders are now turning their attention to potential approval from the SEC when it comes to bitcoin ETF applications.

 

SARAH JENN | AUGUST 29, 2018 | 4:03 AM

Alan Zibluk Markethive Founding Member

Seven Truths About Christianity

Religion or relationship?

Written by Janet Perez Eckles on 28/08/2018
Series: Weekly Devotional
Tags: Fear, Relationship, Truth, Religion
No longer do I call you servants, for the servant does not know what his master is doing; but I have called you friends, for all that I have heard from my Father I have made known to you.

John 15:15
The best part of speaking before any group is what happens afterwards. Often times, folks stop and chat with me. This past week, that very thing happened.

A man shook my hand. “I was touched by your message,” he said, “and I just want to know how you deal with the fact that the disease with your eyes is hereditary?”

“What do you mean?” I said.

“Well, I have a disease. It’s hereditary, and I can’t let go the worry and total fear my child will inherit it. I’m afraid of the future.”

He paused. “And I don’t have any religion…don’t believe in much of anything.”

I wanted to give him a huge hug and whisper in his ear, “You don’t need a religion, you need a relationship with Jesus to set you free from that worry and fear.”

Forgive me for being presumptuous. But if you are one of those who believe that religion is the answer, here are seven truths to ponder upon:

Religion offers rituals, Jesus offers a personal relationship.
Religions can change; Jesus is the same today, tomorrow and forever.
Religion works to win grace, Jesus becomes the grace we can work under.
Religion doesn’t offer forgiveness; Jesus became the forgiveness for our sin.
Religion offers no miracles; Jesus delights in performing them.
Religion doesn’t take you to heaven; Jesus took the blame so we could enter it.
Religions bind us; Jesus sets us free.
When we spend sleepless nights, we wring our hands about the uncertainty of tomorrow, and mistakenly, we go by the way of religion, that’s why Jesus said, “I am the way and the truth and the life. No one comes to the Father except through me.” (John 14:6)

Pray this week:
Lord, forgive me for trying to reduce you to a religion. I want to know you and live this life as your friend. You are the Way the Truth and the Life. Guide me to help others know and follow you too. Amen.

What rules your life these days: nothing in particular, a religion or a relationship with Christ, the Savior?

Alan Zibluk Markethive Founding Member

CHARLIE SHREM TALKS BITCOIN HODLING AND THE FUTURE OF CRYPTOCURRENCY

CHARLIE SHREM TALKS BITCOIN, HODLING, AND THE FUTURE OF CRYPTOCURRENCY

CHARLIE SHREM TALKS BITCOIN, HODLING, AND THE FUTURE OF CRYPTOCURRENCY

Charlie Shrem sat down with Yahoo Finance recently to discuss his thoughts on the present and future states of cryptocurrency.

THE STARTING LINE

Charlie Shrem, early Bitcoin $6901.27 +0.1% adopter and founder of BitInstant and Crypto.IQ was interviewed by JP Mangalindan of Yahoo Finance on Sunday. The sit-down took place at the MoneyShow conference in San Francisco last Thursday.

Shrem gave the audience some nuggets of wisdom and advice, while also discussing his thoughts on the current cryptocurrency market and its future trajectory.

The pair began by discussing Shrem’s early days in the dawn of Bitcoin — running the largest bitcoin exchanges at the time in the early 2000’s, followed by a stint in prison after selling Bitcoins to resell on the now-defunct ‘black market’ website, The Silk Road.

After serving two years, Shrem teamed up with Randall Oser to create Crypto.IQ, which offers a membership service that includes access to portfolios, cryptocurrency analysis, reports, and education.

 

A PHOENIX FROM THE ASHES

When asked about his take on the current state of Bitcoin, Shrem took the chance to remind new investors that historically, it hasn’t been all sunny days for the cryptocurrency markets. He stated:

A lot of crypto people aren’t traders, traders know there are bull and bear markets. A lot of crypto people think it’s always bull.

Shrem does not seem discouraged by the current bear market. “It’s during these bear markets,” he said invoking ideas of creative destruction, “it’s when things die, things are born and rebuilt.”

GETTING IN — GETTING INTRIGUED

With the number of existing cryptocurrencies exploding to over 1,800, many are bound to die out in time. Shrem noted that the cryptocurrency space has become much more competitive due to the large number of different projects. Bear market cycles are necessary to shake out projects that have no real-world value.

The huge proliferation of cryptocurrency projects also allows people more avenues to become a part of the cryptocurrency economy.

Shrem praised projects that are legitimate and genuinely attention-grabbing of new people saying, “It’s getting people in. It’s getting people intrigued.”

He advised those who are just beginning to invest, “Choose an amount that you’d be okay with losing.” he continued, “Invest [that amount] in a basket of crypto and just have fun with it. Just enjoy it and learn.”

Shrem recommended locking up the investment to allow it to mature for five years.

 

PUTTING MY MONEY ON 2019’

Mangalindan asked Shrem how to respond to those concerned about the volatility and price of Bitcoin. Shrem responded optimistically, “It was a crazy move. We went from $1,000 to $20,000. The market has to digest that.”

Shrem and other long-time investors realize that the current bear market is simply following the pattern of experiencing periods with large-percentage gains, and subsequent corrections.

Shrem is still bullish on Bitcoin $6901.27 +0.1% claiming, “Honestly, I’m a buyer between $5,000 and $6,000. “Shrem was also asked about his thoughts on the recent rejection of Bitcoin Exchange-Traded Funds (ETFs) by the SEC, a topic that has garnered a great deal of media coverage lately. Some investors are claiming that ETFs will make the price skyrocket, others think ETFs will have only a small effect on the market.

“We’re not ready for an ETF.” said Shrem, “The market is too liquid, it’s too manipulatable.” He cited the recent pump of Bitcoin price during maintenance on the BitMEX exchange as an example.

“We only have a first shot at it.” Shrem stated, “We have an ETF, something happens, we get screwed, they shut it down. Do you know how hard it’s going to be to have an ETF again?”

Shrem remains certain that the ETF will happen, stating, “I’m putting my money on 2019.”

 

 

 

KYLE BAIRD · @CRYPTOBIZZLE | AUG 28, 2018 | 00:00

Alan Zibluk Markethive Founding Member

Forgive Those Who Hurt You Long Ago

No matter how difficult a situation, you can remember that God wants us to forgive one another “just as God through Christ has forgiven you”

Written by Hope on 07/07/2013
Series: Weekly Devotional
Tags: Forgiveness, Hurt
"Get rid of all bitterness, rage, anger, harsh words, and slander, as well as all types of evil behavior. Instead, be kind to each other, tenderhearted, forgiving one another, just as God through Christ has forgiven you.” (Ephesians 4:31-32)

When someone hurts you or you experience an injustice, God knows about it. In fact, of course, He knows every wrong that has ever occurred on earth, as well as the good things. "His understanding has no limit" (Psalm 147:5), and He knows that, as with all human action, "it has all been done before" (Ecclesiastes 1:9).

Earthly Injustice
King Solomon wrote, “I observed all the oppression that takes place under the sun. I saw the tears of the oppressed, with no one to comfort them. The oppressors have great power, and their victims are helpless” (Ecclesiastes 4:1). He noticed that people should not “be surprised if you see a poor person being oppressed by the powerful and if justice is being miscarried throughout the land” (Ecclesiastes 5:8). He said this because, "not a single person on earth is always good and never sins (Ecclesiastes 7:20), so we need to recognize that we, too, are sinners in need of forgiveness.

God's Justice
No matter how difficult a situation, you can remember that God wants us to forgive one another “just as God through Christ has forgiven you” (Ecclesiastes 4:32). And because “The Lord loves righteousness and justice”(Psalm 33:5) , you can rely on God to help you overcome injustice by being a loving and forgiving person. It will probably be difficult, but “those who are wise will find a time and a way to do what is right, for there is a time and a way for everything, even when a person is in trouble” (Ecclesiastes 8:5-6).

Prayer, Care, and Share Jesus
Have bad things ever happened to you or the people close to you? Whether these things have happened recently or long ago, we know God is very serious about us forgiving others, just as in Christ, God forgave us.

Maybe you’ve experienced something like this or similar:

Somebody caused an accident and someone close to you died or was injured for life;
A parent, school teacher or another authority figure abused you or someone close to you;
A criminal killed or injured someone close to you in a robbery or attack;
Someone close to you betrayed you. Whether or not you know the person that hurt you, your friend or family member, it is very tempting to harbor anger, hate or bitterness towards them – even if you’re close to God.
There’s nothing wrong with feeling angry in your loss. Jesus understands your pain and anger because He suffered on your behalf. Because of the sacrifice He made for you, and the forgiveness He has already granted you, Jesus asks you to forgive people who bring hurt and pain into your life.

You may not even know where to start when you realize you need to forgive someone. You might ask, “How can I forgive?” Well, here are some suggestions:

Realize and accept you have the anger or bitterness in your heart about the incident (however deeply buried in your memory;
Accept from the Scripture that you have to forgive as you are forgiven;
Surrender the hurt and anger to Jesus in prayer – If possible, pray this out loud with a friend
Forgive the person(s) in the Name of Jesus;
Start praying the Lord's blessing on the person that you need to forgive.
A Helpful Tip: Don't worry if you don't know the name of the person that wronged you or if they may not even be alive now. Forgive them anyway – the Lord knows them. If the process is very difficult, – get help from trusted friend or a counselor.

Pray this week:
You will forgive people who hurt you and start to pray for the Lord to bless them.

Roots of bitterness grow deep and spread to cover all areas of a person's life. Have you chosen to 'forgive' those who have done evil to you in your past? You should ask God to forgive them for you and through you. Forgiveness is for your healing. Do you have a situation you're having a hard time with? Talk to a caring Christian about it.

Alan Zibluk Markethive Founding Member

Bitcoin Gains – Analyst Says Correlation Exists Between Crypto Emerging Markets

Bitcoin Gains - Analyst Says Correlation Exists Between Crypto, Emerging Markets

Investing.com – Bitcoin and other major cryptocurrency prices gained on Monday. Fundstrat Global Advisors’ Thomas Lee’s comments received some focus as he said there is a strong correlation between emerging markets and virtual coins.

Bitcoin was up 0.8% to $6,668.9 at 11:55AM ET (03:55 GMT) on the Bitifinex exchange.          

Ethereum edged up 0.1% to $272.4 on the Bitifinex exchange.              

XRP traded up 0.3% to $0.32328 in the last 24 hours on the Poloniex exchange, while Litecoin was also up 0.6% to $56.654.   

Lee said hedge funds are not buying risk when emerging markets sell-off, while the recent slump in digital assets suggested the funds are not buying crypto either.

"Both really essentially peaked early this year, and they both have been in a downward trend," Lee said in an interview with CNBC. "Until emerging markets begin to turn, I think in some ways that correlation is going to hold and tell us that sort of the risk on mentality is those buyers aren't buying bitcoin."

Lee added that he believed the bear market could come to an end soon, especially if the dollar weakens and the Federal Reserve slows its interest rate hike policy, and that he thinks bitcoin could surge to $25,000 by the end of the year. "I still think it's possible," said Lee. "Bitcoin could end the year explosively higher."

Cryptocurrency prices received some support on Friday after the U.S. Securities and Exchange Commission (SEC) said it would review a decision to reject the applications of Bitcoin exchange traded funds, after its staffs rejected the applications from nine companies to list their Bitcoin ETF funds on Wednesday, citing concerns about fraud and manipulation of bitcoin markets.

Alan Zibluk Markethive Founding Member