Bitcoin’s November average gains based on ‘skewed’ numbers: Analysts

Bitcoin’s November average gains based on ‘skewed’ numbers: Analysts

Bitcoin has gained on average in November, but that figure is “skewed” and market participants shouldn’t always rely on it, a crypto executive says. Analysts have questioned whether November deserves its reputation as Bitcoin’s historically “strongest month” after the cryptocurrency dropped 10% over the past seven days and briefly sank below $90,000. “Historical averages suggest…

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Crypto firm LevelField secures Illinois approval to buy Chicago bank

Crypto firm LevelField secures Illinois approval to buy Chicago bank

LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Digital asset-focused fintech firm LevelField Financial said it has secured conditional regulatory approval to acquire Chicago-based Burling Bank, marking one of the most notable crypto-banking acquisitions in recent months. The move…

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Crypto sentiment index sinks to lowest score since February

Crypto sentiment index sinks to lowest score since February

Although the crypto sentiment index hasn’t fallen this low in more than eight months, some analysts argue the situation isn’t as dire as it appears. Crypto sentiment has dropped to its most fearful level in over eight months, as ongoing macroeconomic uncertainty continues to rattle market participants. However, crypto analysts are anticipating the bearish mood…

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Can Zcash’s rise revive the Bitcoin OP_CAT discussion?

Can Zcash’s rise revive the Bitcoin OP_CAT discussion?

As prominent cryptocurrency figures advocate for privacy protocols like Zcash, could the Bitcoin ecosystem revisit the reactivation of Bitcoin opcode OP_CAT? The crypto community on X has been dominated by prominent figures advocating for the adoption of Zcash as privacy becomes increasingly threatened by governments and regulators.  While the Winklevoss twins, Naval Ravikant, and Balaji…

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