Gate.io Blog Gate.io’s Daily Market Trends _June 15th_ : Digital RMB Application Scenario Lands Bitcoin’s Price Back to $40,000

Gate.io’s Daily Market Trends _June 15th_ : Digital RMB Application Scenario Lands Bitcoin’s Price Back to $40,000

15 June 14:05

As of 12:00 GMT, Bitcoin price was $40407.25 and Ether’s price was $2593.14. After experiencing the recent rise, Bitcoin’s price has looked strong. Bitcoin price has been fluctuating near the critical value of $40,000. On the daily, the MACD is bullish and the market buy signal is relatively clear. The RSI buy signal is strong, and the 1-day price moving average is about to exceed the 30-day price moving average. The $40,000 range will be an important psychological point for Bitcoin’s price, and the long and short parties may play a game of “tug a war” at this price point.

The Xiong’an government has completed the first “on-chain” payment of digital yuan as wages to the builders. Xiong’an is a relatively new area, it’s a city located about 60 miles southwest of Beijing and has served as a testing ground for digital yuan for years.

Announced on Monday,MicroStrategy completed a bond sale of $500 million in order to buy more Bitcoin. It planned another bond sale of $1 billion to buy even more.

Coinbase announced on Monday that they will now allow Polkadot(DOT) trading on Coinbase Pro. Once liquidity conditions are met, trading for DOT will begin on or after 9 AM Pacific Time on Wednesday, June.16th. Price of DOT rose 15.20% to $25.75 after the announcement.

Elon Musk responded to someone on Twitter saying “ Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving the market.” Musk also commented that Tesla would resume accepting Bitcoin payments once “reasonable (~50%) clean energy usage by miners with positive future trend” was confirmed.

According to Decrypt, the Internal Services Revenue(IRS) has now turned their eyes to Telegram - a privacy-preserving chat app that encrypts users’ messages. It’s thought that the app is being used for laundering dirty or stolen funds.

Author: Gate.io Researchers: Gazer. C & Charles. F
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.

Gate.io Spot Quotes (as of 12:30 CST)
BTC:$40,407.25 (3.15%); ETH:$2593.14 (+4.71%); DOGE:$0.3267 (+1.74%); GT:$4.13 (+2.438%); XRP:$0.8878 (+2.18%); ADA:$1.528 (+2.70%); DOT: $25.3 (+16.97%); UNI: $24.21 (+6.54%).

Unbox Your Luck and Get a $6666 Prize

Start-End Time of the Change

Rise/fall colour

Gate.io’s Daily Market Trends _June 15th_ : Digital RMB Application Scenario Lands Bitcoin’s Price Back to $40,000

Gate.io’s Daily Market Trends _June 15th_ : Digital RMB Application Scenario Lands Bitcoin’s Price Back to $40,000

Select language and region

Fiat Currencies