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“# 3 reasons why traders want to buy the Bitcoin price dip to $58.5K ” Cryptocurrency traders are scrambling and scratching their heads after a sharp drop in Bitcoin (BTC) price triggered a market-wide sell-off that has nearly every token in the top-200 flashing red on Nov. 16. Data from Cointelegraph Markets Pro and TradingView shows…
“# Brave launches browser-native crypto wallet to combat fake extensions ” Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one. The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet; a self-custody cryptocurrency wallet built into…
“# Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs ” Bitcoin (BTC) logged its worst daily performance since September as BTC price slid by 10% to under $59,000 on Nov. 16. On the other hand, the United States dollar jumped to its best level in sixteen months after spending across the…
“# ETC Group announces new blockchain equity ETF with HANetf partnership ” The ETC Group and white-label issuer HANetf have reportedly announced the continuation of their partnership with the introduction of the ETC Group Digital Assets & Blockchain Equity UCITS exchange-traded fund (ETF), which tracks other cryptocurrency products. The new crypto-focused fund will provide digital…
“# Bitcoin stages ‘picture-perfect rebound’ at $58.5K as crypto liquidations top $875M ” Bitcoin (BTC) recovered above $60,000 during Nov. 16 after a breakdown saw a trip to near $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily liquidations near $1 billion Data from Cointelegraph Markets Pro and TradingView tracked a resurgent BTC/USD as it reversed…
“# Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022 ” Galaxy Digital Holdings, Mike Novogratz’s cryptocurrency investment management firm, is not going public in the United States in late 2021 as the firm previously planned. Galaxy Digital has postponed plans for a U.S. listing, now expecting to go public in the first…
“#Bitcoin tanks back below $60,000 as cryptos tumble” Bitcoin and other major cryptocurrencies nosedived Tuesday morning after notching new all-time highs in recent days. Bitcoin, the world’s largest cryptocurrency, fell back below the key $60,000 per coin level at one point Tuesday morning. It was last seen trading at $60,250 per coin, down more than…
“# Israel reportedly adopts new AML rules for crypto ” Israel has reportedly enacted new regulations related to the cryptocurrency industry in order to combat illegal activities such a money laundering and terrorism financing. The government of Israel enforced new Anti-Money Laundering (AML) regulations on Sunday, requiring local fintech companies and virtual currency service providers…
“# Bitcoin bargain: 3rd biggest whale address adds 207 BTC at $62K ” Bitcoin (BTC) whales are back in the game near $60,000 as data shows classic bull market behavior. According to on-chain monitoring resources on Nov. 16, the third-largest Bitcoin whale address has increased its holdings by 207 BTC. Whales buy the dip Despite…
“# China warns state-owned enterprises to cease involvement in Bitcoin mining ” China is pressuring its own state-owned businesses to cease mining cryptocurrencies, and the government is considering harsh penalties on firms that continue, including higher energy expenses. According to reports, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC), said at…