In this op ed, Ajeet Khurana argues that for crypto to truly thrive, the ecosystem needs only five or six exchanges — and certainly no more than a dozen — in the long run. Here’s why.
The bitcoin market is currently on the verge of breaking out of a large consolidation pattern known as a “Tilted Flag” and has a staggering price target in $7,000 region.
If we manage to close above the $5,300 level, this would mark a very bullish feat for bitcoin's market structure as we continue to test and reclaim support level after support level.
The suspension commenced at 09:30 EDT on the day of the announcement. BTGN’s shares last traded at 9 cents, and they’ll remain so until 23:59 on May 10, 2019, when the suspension will be lifted.
Bitcoin and ether will be the first assets to be supported by E-Trade’s crypto trading service, but the firm has plans to list other assets in the future.