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Bitcoin’s momentum loss continues as long-term holders add to market selling pressure, and rising US dollar strength leads investors to reduce their exposure to risk.

The House passed a funding bill to end the longest US government shutdown in history, which had previously delayed crypto ETF approvals and key crypto bills.

Galaxy tokenization head Thomas Cowan says interest in tokenization is now “independent of the price of Bitcoin” as institutions have started to see the benefits.

Crypto market sentiment remains fearful as the broader market continues to slump, but that could be a good thing, as weak hands sell off, Santiment argued.

Bitcoin held steady as stocks traded mixed after President Trump signed a funding bill ending the 43-day US government shutdown.
The post Asia Market Open: Bitcoin Steady, Stocks Mixed as Trump Signs Bill to Reopen US Government appeared first on Cryptonews.

US online gambling platform FanDuel will offer event contracts on crypto and other benchmarks, including prices of oil, gas and gold.
The post US Sport Betting Platform FanDuel to Enter Crypto Prediction Markets appeared first on Cryptonews.

XRP price started a decent increase above $2.420. The price is now consolidating and might aim for another increase if it stays above the $2.350 level. XRP price started a downside correction and tested the $2.320 zone. The price is now trading near $2.420 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Eyes Additional Gains XRP price started a downside correction from the $2.580 zone, like Bitcoin and Ethereum. The price dipped below the $2.550 and $2.50 levels to enter a consolidation phase. The price even dipped below the 50% Fib retracement level of the upward move from the $2...