Future price prediction of Bitcoin & Ethereum

As on the high rise in the price of well known cryptocurrency of market Bitcoin and Ethereum are goes on bearish note , with both coins continuing to lose value.

Although both Bitcoin & Ethereum are growing rapidly crossing $28000 and $1800 respectively , but after short rise price fell quickly.

Binance facing crypto regulations in Dubai

The decline in the price of the bitcoin is happening because of binance a leading crypto exchange is facing crypto regulations from both US and Dubai. The Virtual Assets Regulatory Authority (VARA) in Dubai has told binance to grant more information about the regulatory and working and governing structure of the company . Binance has also gained MVP license from dubai authority recently.

Also from the US, Federal Reserve will have to increase their interest rates next month due to the Us job system for the growth of their economy.

Elliott Wave Theory and Nuclear power bitcoin mining also gaining good result and support from both the govt and the system that seek to have the price of bitcoin to moon almost $130K and the growing industry of mining and less competition in getting approval of nuclear power use cause so much top level people to invest.

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Kucoin : Crypto exchange platform

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