Crypto’s next leg may be stronger than skeptics think as structural growth, 
institutional adoption, and regulatory tailwinds reshape the market cycle, 
Bitwise CIO Matt Hougan says, arguing today’s foundation looks nothing like 
past downturns. ‘Optimistic’ Matt Hougan Says Crypto Collapse Fears Miss $200T 
Institutional Tokenization Trend Bitwise Asset Management Chief Investment 
Officer Matt Hougan shared […]

Bitwise CIO ‘Optimistic’—Says Crypto Collapse Fears Ignore $200 Trillion Tokenization Pipeline

Two more ETF issuers have filed prospectuses for six US election prediction 
market ETFs, allowing investors to gain exposure to election outcomes.

Bitwise, GraniteShares join race for prediction market-style ETFs

Ethereum price found support near $1,920 and recovered some losses. ETH is now 
consolidating and faces key hurdles near $2,020. Ethereum is attempting a 
fresh recovery wave above $1,965. The price is trading below $2,000 and the 
100-hourly Simple Moving Average. There is a bullish trend line forming with 
support at $1,955 on the hourly chart of ETH/USD (data feed via Kraken). The 
pair could start a fresh decline if it stays below the $2,020 zone. Ethereum 
Price Holds Support Ethereum price failed to stay above $2,020 and started a 
fresh decline, like Bitcoin. ETH price traded below the $1,965 and $1,950 
levels to enter a bearish zone. Finally, the bulls appeared near $1,925. A low 
was formed at $1,928, and the price started a recovery wave. There was a move 
above the $1,965 resistance. The price even tested the 50% Fib retracement 
level of the downward move from the $2,100 swing high to the $1,928 low. 
Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving 
Average. Besides, there is a bullish trend line forming with support at $1,955 
on the hourly chart of ETH/USD. If the bulls remain in action above $1,955, 
the price could attempt another increase. Immediate resistance is seen near 
the $2,015 level. The first key resistance is near the $2,035 level or the 
61.8% Fib retracement level of the downward move from the $2,100 swing high to 
the $1,928 low. The next major resistance is near the $2,060 level. A clear 
move above the $2,060 resistance might send the price toward the $2,100 
resistance. An upside break above the $2,100 region might call for more gains 
in the coming days. In the stated case, Ether could rise toward the $2,150 
resistance zone or even $2,185 in the near term. Another Decline In ETH? If 
Ethereum fails to clear the $2,015 resistance, it could start a fresh decline. 
Initial support on the downside is near the $1,965 level. The first major 
support sits near the $1,955 zone or the trend line. A clear move below the 
$1,955 support might push the price toward the $1,920 support. Any more losses 
might send the price toward the $1,880 region. The main support could be 
$1,825. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 
momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above 
the 50 zone. Major Support Level – $1,920 Major Resistance Level – $2,015

Ethereum Price Anchors At $1,920 — Can Bulls Ignite A Fresh Upside Leg?

The Prediction Markets Working Group, launched by The Digital Chamber, will 
champion the sector’s values while advocating for the CFTC to maintain primary 
oversight.

Crypto lobby forms working group seeking prediction market clarity

Coin Center said internet and cloud hosting providers aren’t prosecuted when 
criminals misuse their platforms, arguing crypto developers shouldn’t be 
either.

Cryptocurrency price in UAH