Gate.io Blog Gate.io’s Daily Market Trends（June 27th）： Caixin Severely Criticizes Virtual Currency Trading Chaos, Marvel Will Launch NFT Products

Gate.io’s Daily Market Trends（June 27th）： Caixin Severely Criticizes Virtual Currency Trading Chaos, Marvel Will Launch NFT Products

27 June 13:46

As of 12:00 GMT, Bitcoin’s spot price was $33047.55 and Ether’s price was $1878.53. Bitcoin’s price soared in a strong mood today. On the one-hour timeframe, there were 7 consecutive positives. Bitcoin’s price still has room for further increase. In the short term, the price of Bitcoin completes a V-shaped trend, and the support point is $30,100. However, on the daily line, the downward range of Bitcoin price has opened, and the upward energy is weak. The resistance point may be around 34,000 US dollars. Recently, the Ethereum Gas fee has dropped significantly, and the correlation between Ether’s price and Bitcoin’s price has increased. The short-term price resistance point is around US$1,900, and the support point is around US$1750.

Revealed by Financial Tribune, by June.27, there have already been 30 crypto-mining farms licensed for crypto mining, most of which are located in Tehran Province where the nation’s capital is. In 2019, Iran government legalised Bitcoin mining, and started giving out licenses to mining farms since then.

Marvel Entertainment announced that it has partnered with Orbis Blockchain Technologies, a New Zealand company to launch non-fungible tokens (NFTs) on the company’s VeVe Digital Collectibles app. Marvel fans can then purchase these NFTs including digital collectibles, 3D statues, and digital comic books.

The authoritative Chinese media "Caixin" disclosed editorial articles that went online on the 28th on the Internet platform. The article strongly criticized the chaos of virtual currency transactions and used strong words. Many analysts believe that this is a signal that China's financial regulators will further strengthen the control of virtual currency transactions.

The British FCA (Financial Conduct Authority) issued a warning to the digital currency exchange Binance, reminding investors that Binance has not obtained any form of license to engage in financial activities in the UK. The FCA also stated that Binance’s digital currency-related promotional information on the UK network and social media did not obtain permission.

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 12:00 CST)
BTC:$33047.55(+2.96%)；ETH:$1878.53(+2.7%)；DOGE:$0.25098(+1.37%)；GT:$3.112(+1.03%)；XRP:$0.62854(+0.92%)；ADA:$1.288(+1.69%)；DOT:$14.68(-0.51%)；UNI:$16.652(+2.55%)；

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Gate.io’s Daily Market Trends（June 27th）： Caixin Severely Criticizes Virtual Currency Trading Chaos, Marvel Will Launch NFT Products

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