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“# Price analysis 11/19: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, AVAX ” Bitcoin (BTC) dropped below $56,000 on Nov. 19, completing a near 20% correction from the all-time high. The Crypto Fear & Greed Index, which remained in the greed zone for most of the past two months, has plummeted into the…
“# ‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev ” During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country’s cryptocurrency industry….
“# Inflationary winds from around the world spell a sea change for Bitcoin ” Is the global economy in uncharted territory now vis-a-vis Bitcoin (BTC) and inflation? During most of the cryptocurrency’s brief life, the economic environment has been generally pro-growth with stable prices but recently, there are fresh warnings of an inflationary storm. If…
“# ‘Fear’ returns to Bitcoin, while long-term holders own just 3% of BTC unrealized losses ” Bitcoin (BTC) diving nearly 20% from all-time highs has finally taken its toll on market sentiment — investors are now “afraid.” According to the Crypto Fear & Greed Index, overnight losses on Nov. 19 removed the last traces of…
“# Binance.US aims for a ‘mega funding,’ reveals CZ ” Binance CEO Changpeng Zhao revealed that the United States branch of worldwide crypto exchange, Binance.US, is expected to complete a funding round to raise a “couple hundred million.” Speaking at the Bloomberg New Economy Forum, CZ claimed that he was unaware of the precise amount. However,…
“# Digital currencies won’t impact US sanctions, Treasury exec says ” Central bank digital currencies (CBDC) like Russia’s digital ruble do not pose any threat to United States sanctions, according to U.S. Deputy Treasury Secretary Wally Adeyemo. In a CNBC interview on Wednesday, Adeyemo argued that the U.S. dollar “will remain the dominant currency in…
“# Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels ” Bitcoin (BTC) is demanding a “slightly bearish” rethink on price action as old support levels give way overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts sounds alarm over open intere Data from Cointelegraph Markets Pro and TradingView showed…
“# Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers ” The price of Bitcoin (BTC) dropped to fresh lows on Nov. 18, and the brief visit to the $56,000 level resulted in a sharp sell-off in Ether (ETH) and altcoins. Data from Cointelegraph Markets Pro and TradingView shows that support at…
“# Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers ” The price of Bitcoin (BTC) dropped to fresh lows on Nov. 18, and the brief visit to the $56,000 level resulted in a sharp sell-off in Ether (ETH) and altcoins. Data from Cointelegraph Markets Pro and TradingView shows that support at…
“# Bitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K ” Bitcoin (BTC) fell through key support levels on Nov. 18 in a fresh test of bulls’ resolve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Strong market-wide selling” hits Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abandoning the…