# Will Bitcoin hold K? Leverage shakeout ‘close to complete,’ data suggests

# Will Bitcoin hold $60K? Leverage shakeout ‘close to complete,’ data suggests

“# Will Bitcoin hold $60K? Leverage shakeout ‘close to complete,’ data suggests ” Bitcoin (BTC) extended its slide on Nov. 16 as BTC price action returned to test $60,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin finally closes large CME gap Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming down 8% from Monday’s…

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# Institutional Bitcoin products tag record AUM despite volume pulling back

# Institutional Bitcoin products tag record AUM despite volume pulling back

“# Institutional Bitcoin products tag record AUM despite volume pulling back ” Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021. According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly” report, Bitcoin (BTC) investment products saw total inflows of $97.5…

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# Tanzania’s Zanzibar reportedly exploring ways to adopt crypto

# Tanzania’s Zanzibar reportedly exploring ways to adopt crypto

“# Tanzania’s Zanzibar reportedly exploring ways to adopt crypto ” Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries to discuss policies related to the cryptocurrency industry….

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