Mirror Protocol Cryptocurrency is currently on bearish momentum by 27.00% in the last 7 days. At 15:08 EST on Wednesday, 12 May, Mirror Protocol is at $8.24.
Currently, Mirror Protocol has 41020 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Mirror Protocol’s crypto is considered to be overbought (>=80).
News about Bitcoin
Ark financial’s crypto expert sees dogecoin washout, Bitcoin rivaling gold. According to Bloomberg Quint on Wednesday, 12 May, "Ark invests in cryptocurrencies through vehicles such as the Grayscale Bitcoin Trust and via listed firms with exposure to the sector, like crypto exchange Coinbase Global Inc. Elmandjra said Ark also uses proprietary alternative strategies.", "Tokens outside of Bitcoin — which has pulled back from a record set in April — have driven the expansion recently. "
SEC warns of Bitcoin futures risks in mutual fund investments. According to Bloomberg Quint on Tuesday, 11 May, "On Tuesday, the SEC said it would "consider whether, in light of the experience of mutual funds investing in the Bitcoin futures market, the Bitcoin futures market could accommodate ETFs." The agency also said staff would:", "The U.S. Securities and Exchange Commission has a blunt message for investors in mutual funds that have holdings in Bitcoin futures: Beware of the risks."
According to Business Insider on Tuesday, 11 May, "On the other side of that, in terms of accepting Bitcoin from our customers, we do accept it," the CFO added."
Cboe files to list fidelity Bitcoin ETF amid regulatory test. According to Bloomberg Quint on Tuesday, 11 May, "Cboe Global Markets Inc. is seeking to list a Fidelity Bitcoin exchange-traded fund in the U.S. despite the prospect of an icy regulatory reception.", "Cboe proposed Monday in a filing with the U.S. Securities and Exchange Commission to list Fidelity’s Wise Origin Bitcoin Trust, saying concerns about potential manipulation of a Bitcoin exchange-traded product have been "sufficiently mitigated."
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