24h Newsletter Saturday - January 7🔥🔥

7 Jan 2023

📰 Despite SEC Battle, XRP Investment Products Saw Record Inflows in 2022: Despite the incessant tepid price action, market players choosing to invest are tactically adding to positions during price weakness.
2022 saw many crypto-assets lose value, prompting investors to pull their money from the market. During turbulent times, inflows plummeted massively.
📰 Bitcoin Testing $17K But is Another Crash Imminent? (BTC Price Analysis): Bitcoin’s price has broken above a significant moving average which has been acting as a resistance over recent weeks. The market seems ready to rise higher in the coming week if the remaining negative factors do not hinder the forming momentum.
📰 Bank of France Governor Thinks Crypto Companies Should Abide by Stricter Rules: The “disruption” in the crypto sector is the main reason for more stringent rules, Villeroy stated.
Francois Villeroy de Galhau – Governor of Banque de France – believes cryptocurrency firms should obtain tougher regulatory licenses to continue providing their services.
He also stated France should introduce stricter rules for domestic digital asset entities as soon as it is ready with its legislation instead of waiting for other European countries.

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