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” Bitcoin’s $20K support looks weak, but pro traders are neutrally positioned “ Bitcoin (BTC) has been lingering above $20,000 for the past nine days, but worsening conditions from traditional markets are causing traders to doubt if the support will hold. On Nov. 3, the Bank of England raised interest rates by 75 basis points…
” Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning “ Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trading range forms with $20,000 at center Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering…
” BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally “ After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6% sell-off from the $337.80 peak could indicate…
” MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan “ Polygon (MATIC) emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov. 3 as the market’s attention turned to the latest Instagram and JPMorgan announcements. Polygon in high-profile partnerships Notably, Meta, the parent company of Instagram, named Polygon as its initial…
” Shiba Inu price drops to record low vs Dogecoin — Will history repeat with a 150% rally? “ Shiba Inu (SHIB) price can rise by nearly 150% versus its top meme-coin rival, Dogecoin (DOGE), in the coming months, based on a technical fractal. SHIB hits record low against DOGE The bullish setup appears as…
” ASIC’s Longo pledges action against certain ‘high-risk’ crypto products “ Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products. Joe Longo, chair of the Australian Securities and Investment Commission (ASIC) in an opening speech at the ASIC annual forum on Nov….
” Bitcoin bulls aim for a post-FOMC win in Friday’s $640M BTC options expiry “ The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening economy policy has led investors to seek protection in cash positions and inflation-protected bonds. Surging inflation and recession…
” Research report outlines why the crypto market might be on the verge of a reversal “ As November begins, analysts are busy dissecting the major market movements that occurred in October. While Bitcoin (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior analyst, Vetle Lunde mapped out the direction the…
” Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside “ Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023. Ether has a 61% chance of breaking out versus Bitcoin The bullish cues…
” Why is the crypto market up today? “ Bitcoin (BTC) has hit six-week highs and held onto its gains since — is it the start of a trend change? After passing $21,000 twice over the past week, BTC/USD is still lingering near the top of its multimonth trading range. The coming week promises to…