August 19 BTCUSD BingX Chart Analysis and Today's Headline
BingX’s Bitcoin Chart
Bitcoin is down 2.1% over the last 24 hours and fell to an intraday low of $22,875.16. Bitcoin dropped the 20-day exponential moving average (EMA) ($23,412) today, and the relative strength index (RSI) has dropped below the midpoint, suggesting the market optimism reverted to a sellers' market. For now, the bears will attempt to pull the pair below the 50-day simple moving average (SMA) ($22,274).
Today’s Cryptocurrency Headline
Tether Hires Top 5 Accounting Firm BDO for Reserve Attestations
Stablecoin issuer Tether announced on Thursday that it has partnered with BDO Italia, the Italian arm of the world’s fifth-largest accounting firm, to issue assurance and attestation reports of its reserves. Tether will no longer work with the Cayman Islands-based accounting firms Moore Cayman and MHA Cayman. Tether began working with BDO Italia for quarterly attestations in July, Tether said, adding that it plans to move to monthly attestations. Tether also plans to conduct a full audit in the future.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Bitcoin is down 2.1% over the last 24 hours and fell to an intraday low of $22,875.16. Bitcoin dropped the 20-day exponential moving average (EMA) ($23,412) today, and the relative strength index (RSI) has dropped below the midpoint, suggesting the market optimism reverted to a sellers' market. For now, the bears will attempt to pull the pair below the 50-day simple moving average (SMA) ($22,274).
Today’s Cryptocurrency Headline
Tether Hires Top 5 Accounting Firm BDO for Reserve Attestations
Stablecoin issuer Tether announced on Thursday that it has partnered with BDO Italia, the Italian arm of the world’s fifth-largest accounting firm, to issue assurance and attestation reports of its reserves. Tether will no longer work with the Cayman Islands-based accounting firms Moore Cayman and MHA Cayman. Tether began working with BDO Italia for quarterly attestations in July, Tether said, adding that it plans to move to monthly attestations. Tether also plans to conduct a full audit in the future.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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