NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

BTC Trading Trends Exhibit Positivity amid Regulatory Uncertainities

Rick Delafont
Rick Delafont
4 years ago
2 mins read
bitcoin, trading, cryptocurrency, china

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

After the news from China earlier this month, the entire future of cryptocurrency was cast into doubt – albeit briefly. The ban on initial coin offerings (ICOs), followed by news of exchanges shutting down was met by a widespread selloff. Whilst there was already evidence to suggest the beginning of a general correction prior to the September 4th, and 14th announcements, there is no doubting that news from China exacerbated the natural pullback. In terms of the total market cap. The crypto-space lost a huge $75 billion in a span of about two weeks.

After the initial plunge, prices did rise and for the last week, the revolutionary digital currency (and assumed barometer for all things crypto), Bitcoin, has been trading sideways with relative stability. Whilst previous incidents of potentially negative news saw the price of Bitcoin crash dramatically, this time the bleeding stopped rather abruptly. This has been cited by many as evidence of a more developed, mature market than we’ve previously seen around crypto.

It appears as though a “wait and see” attitude has been adopted over the pending legislation, and a lot of unsure money is waiting on the sidelines to join, or rejoin the market following the positive news.

Arthur Hayes the co-founder of cryptocurrency exchange BitMEX says, “people are looking for clarity from China.” Meanwhile, Lucas Geiger, founder of Wireline stated: “the regulation issues are casting a shadow” and that people will likely stay “on the fence” until the worries pass. He also seemed bullish in later comments regarding previous industry regulation earlier this year. Citing Japan’s recognition of cryptocurrency as a legal payment method, he asserted that government control could indeed have a positive effect on the asset’s market price:

In my opinion the bull run coincided with positive regulatory information in the spring coming from Japan.

For Geiger, this development “brought new participants to the market.” Peter Kuskowski of CoinFirm, a blockchain and technology company also seems to echo the bullish sentiments of many:

There are obviously some valid concerns from the regulators. I think soon we see more and more ‘traditional’ players coming to this market and they will be strictly compliant. This will push the price up.

The recent slowing of growth might appear on the surface as a sign of weakness for the market but many analysts feel otherwise. They see the range-bound moves in prices as a healthy pause. After such a violent upswing thus far in 2017, a slowing down is likely necessary. According to Sean Walsh, a partner at Redwood City Ventures, “cryptos were probably a little ahead of themselves when BTC was trading toward $5,000.”

However, some analysts are a little more neutral about the news out of China. Kevin Zhou, the co-founder of cryptocurrency trading fund Galois Capital echoed the sentiment by stating,

We’ve been in a bullmarket all year and if we really hit an inflection point here, we could see a more sustained pullback in both severity and time.

Overall, it is a good sign for the cryptocurrency industry as a whole. The recent developments indicate growing confidence levels which combined with the legalization of Bitcoin in certain jurisdictions put it in the league of other mainstream assets.

Ref: Forbes

 

Tweet123Share196ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

meme coins

Meme coins καταγράφουν νέα κέρδη καθώς το Bitcoin ξεπερνά τα 122.000 δολάρια

Η αγορά των meme coins φαίνεται να ακολουθεί τη γενικότερη ανοδική πορεία του Bitcoin, το οποίο ξεπέρασε τα 122.000 δολάρια...

Ιωάννης Ριζόπουλος 2 hours ago
Bitcoin

Unraveling The Bitcoin Boom: Experts Decode Record $123,000 Surge

In a major display of bullish momentum, the market’s leading cryptocurrency, Bitcoin (BTC), surged to a new record high on...

Ronaldo Marquez 2 hours ago
SHIBA INU

Shiba Inu burn rate stijgt met 2080% – de beste meme coin om nu te kopen?

De koers van Shiba Inu wist in de afgelopen drie weken met ruim 40% toe te nemen. Crypto-analisten verwachten dat...

Lars Diederiksen 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Price Isn’t the Only Thing Rising – FUNToken’s Roadmap Execution Is Gaining Speed Too

News BTC 25 minutes ago
Ethereum

Ethereum Shines Bright As Bank Of America Begins Digital Asset Tracking

Christian Encila 1 hour ago
Snorter

Kateri Telegram bot bi lahko bil naslednja kriptovaluta s 100x donosom?

tanjapotocnik 1 hour ago

Premium Sponsors

Press Releases

  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    1 hour ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    1 hour ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    2 hours ago
  • 2025年7月第2週にクジラが購入した注目のアルトコイン

    ...

    2 hours ago
  • 仮想通貨おすすめ|1ドル以下の3銘柄が2027年までに200ドルの投資を200万円に変える可能性

    ...

    2 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.