Bitcoin hit new lows for three months ahead of the Fed meeting. The first cryptocurrency is threatened with a collapse to $10,000. The SEC and Ripple have proposed to put an end to the XRP status case. Binance mistakenly paid out 4.8 million HNT worth $19 million to users. Bitcoin was down 1% on Monday, ending the day around $19,500. in the American session, bitcoin won back almost the entire decline against the backdrop of a rebound in stock indices. The cryptocurrency market has not yet reached the bottom, according to well-known expert Willy Wu. According to him, if Bitcoin does not stay in the range of $19,000 – $20,000, it is threatened with a collapse to $17,600. At the same time, it is possible that BTC will find the bottom only in the $10,000 region. According to CoinShares, investments in crypto funds increased last week after a sharp outflow in the previous week. Net inflow of funds amounted to $7 million against an outflow of $63 million a week earlier. $17M inflows into Bitcoin funds contrasted with $15M outflows from Ethereum funds. Investments in Bitcoin shorting funds rose by $3M. ”, — reported in CoinShares. After nearly two years of litigation, the SEC and Ripple Labs have called on a federal court to rule immediately on whether XRP sales violate U.S. securities laws. The founder of the media platform Gokhshtein Media, David Gokhshtein, said that despite Ripple’s legal battle with the American regulator, he believes in the potential of the XRP cryptocurrency and wants to acquire more tokens. Last week, the businessman suggested that the loss of the SEC will push the crypto market up. The US Department of the Treasury has asked the public for comments on the role of digital assets in illicit transactions and the agency’s response to this issue. An accounting error by the Binance crypto exchange led to the payment of 4.8 million Helium tokens (HNT) to users in the amount of about $19 million. Alfa-Bank plans to create an infrastructure for digital financial assets. The launch of the platform for working with DFA is planned before the end of the year. The authorities of the Russian Federation expect to decide on the regulation of cryptocurrencies and mining by the end of the year, a representative of the Ministry of Finance said. Source: FXPro

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