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EDX Markets, a crypto exchange backed by major finance players, recently launched targeting institutional investors. With close collaboration with US securities regulators, it avoids regulatory hurdles and takes a cautious approach by offering only four cryptocurrencies – Bitcoin, Ether, Litecoin, and Bitcoin Cash – for trading. The platform’s focus on regulation may impact innovation potential in the crypto world.

Crypto is leaving the US due to a hostile regulatory landscape, with investors seeking clear frameworks for digital assets. Asia, Middle East, and Europe are emerging as crypto hubs, offering progressive regulations and support for the industry. Without a balanced approach, the US risks losing its innovation capital status.

The cryptocurrency market shows signs of recovery with Bitcoin bouncing back to $25,500, driven by factors such as Blackrock’s filing for a spot Bitcoin ETF and oversold conditions. However, caution and vigilance are essential as the market navigates uncertain conditions and ongoing regulatory disputes.

Bitcoin regained $25,000 after a dip caused by fears of central bank hawkishness, while regulatory scrutiny impacted premier crypto exchanges. Despite the plunge, experts debate if it signals a long-term trend. Large Bitcoin holders remain grounded amid uncertainty, highlighting the need for vigilance and adaptability in the crypto market.

Crypto markets are increasingly favoring eco-friendly cryptocurrencies like Cardano (ADA), the first carbon-neutral blockchain. Cardano Forest, ADA’s joint venture with VeriTrees, and grassroots initiatives are driving its green appeal. Other green crypto projects like Ecoterra, an inventive ‘Recycle-to-Earn’ project, are gaining traction, offering investors unique eco-conscious opportunities with potential financial returns.

Dogecoin forms a bullish chart pattern, sparking investor discussions on its potential to surge ten-fold. This article examines recent developments, trends, and possible future price movements, while considering leading technical indicators like Relative Strength Index and Moving Average Convergence Divergence.

The global crypto market experienced a decline, with Bitcoin and Ethereum dropping 2%. Investors have been liquidating holdings as Bitcoin’s price closes 8% lower for the first time this year. Despite bullish outlooks, a short-term decline is expected due to a debt ceiling deal prompting a T-bill issuance from the US Treasury Department.

Bitcoin has fallen below $27,000, causing concern for the crypto market’s immediate future. However, some investors are eyeing a potential dip to buy. Despite recent developments, AI, BGB, SPONGE, XLM, YPRED, ATOM, and DLANCE remain strong investment opportunities with solid fundamentals and technical analysis.

Franklin Templeton plans to establish Blockchain Fund II, a private equity fund requiring a minimum investment of $100,000, targeting institutional investors and affluent individuals. This move signifies the growing recognition of cryptocurrencies and the financial sector’s eagerness to capitalize on the crypto market.

The latest US Consumer Price Index (CPI) inflation data suggests easier monetary policy conditions ahead, which generally benefit Bitcoin. Despite potential short-term concerns, Bitcoin’s long-term bull market thesis is likely to remain intact. The US bank crisis could boost demand for “hard money” alternatives like Bitcoin and gold.

The meme coin frenzy continues with $SPONGE, now listed on six centralized exchanges (CEXs) and up 1,290% in 7 days. The coin’s high liquidity suggests significant backing, potentially mitigating price volatility. With more CEX listings expected, $SPONGE’s popularity and market for meme coins remain strong.

Meme coin $SPONGE shows strong recovery after the recent crypto crash, partly attributed to its introduction on Poloniex CEX. As the token establishes itself as a leader among new meme coins, market experts recognize retracements as essential for healthy, sustainable price formation.

Litecoin (LTC) enthusiasts anticipate the upcoming halving event in August 2023, with creator Charlie Lee predicting a 700% increase in LTC/BTC. Factors like higher throughput, scalability, and increased privacy from MWEB contribute to Litecoin’s potential growth, but its price trajectory post-halving remains uncertain.

In today’s market overview, we explore Bitcoin’s slow upward push, the resilience of the Korean crypto market, and the uncertainty surrounding US interest rate hikes. The crypto industry witnesses ongoing banking instability paired with an unstoppable Bitcoin, an adaptable Korean market, and a complex economic battleground in the US.