# Bitcoin hitting K would be ‘extremely healthy,’ says trader as BTC price retreats

# Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats

“# Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats ” Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC: Consolidation becomes down move Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions…

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# Bitcoin derivatives markets ‘healthier’ than in Q1, says research after fresh leverage shakeout

# Bitcoin derivatives markets ‘healthier’ than in Q1, says research after fresh leverage shakeout

“# Bitcoin derivatives markets ‘healthier’ than in Q1, says research after fresh leverage shakeout ” Bitcoin (BTC) shook out leveraged traders in classic style this week, but new data suggests that the market is broadly healthier than earlier in the year. Highlighting findings from its latest weekly newsletter, data analysis firm Arcane Research showed how…

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# Indonesia’s national Islamic council reportedly declares Bitcoin haram

# Indonesia’s national Islamic council reportedly declares Bitcoin haram

“# Indonesia’s national Islamic council reportedly declares Bitcoin haram ” The National Ulema Council (MUI), Indonesia’s top Islamic scholarly body, has reportedly found cryptocurrencies like Bitcoin (BTC) to be haram, or forbidden, by the tenets of Islam.  Asrorun Niam Sholeh, chairman of MUI’s Fatwa Commission, confirmed the religious authority’s rejection of cryptocurrencies due to alleged…

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