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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…
“# Royal House of Savoy NFTs to debut on the 150th anniversary of the Unification of Italy ” Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy’s House of Savoy. The digital works are made in collaboration with the House…
“# 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…
“# Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors ” On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer…
“# 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…
“# 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 has stalled, but here’s why pro traders still expect $80K by January ” Selecting a timeframe for technical analysis is always a tricky topic, but usually, the longer the trend, the higher the odds it shall prevail. For example, those analyzing the 3-day Bitcoin (BTC) chart will unarguably identify an ascending channel pattern…
“# OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs ” Crypto Twitter NFT influencers have been relatively quiet over the past two weeks as trading volumes on OpenSea dropped to a 3 month low and analysts critical of the emerging sector say a bear market is at hand. While…
“# President Biden signs infrastructure bill into law, mandating broker reporting requirements ” After months of scrutiny from both the United States Senate and House of Representatives, the infrastructure bill — criticized by many crypto advocates — is now officially the law of the land. In a ceremony in front of the White House on…
“# DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens ” Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next “crypto…