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“# Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry ” Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that that descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance. BTC/USD price on FTX. Source: TradingView Such…
“# ConstitutionDAO: PEOPLE price pumps 200% as new ‘We The People’ token unveiled ” PEOPLE, the governance token of ConstitutionDAO, soared in value by near 200% in just 24 hours despite its trading volumes falling through the cliff in the same period, data on CoinMarketCap shows. The cost to purchase one PEOPLE token surged to…
“# Bitcoin bulls have a lot to be thankful for despite BTC ‘probably’ not hitting $98K in 5 days ” Bitcoin (BTC) will “probably” miss out on its predicted monthly close for November, analyst PlanB concedes. In a Twitter update on Nov. 25, the creator of the “worst-case scenario” end-of-month price forecasts prepared to accept…
“# Bitcoin ‘solidifies’ support at $58K as BTC price volatility hits 7-month low ” Bitcoin (BTC) hit multi-day highs of $58,300 overnight into Nov. 25 with investors betting on the reduced likelihood of a further major price dip. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging above…
“# SEC open meeting on Dec 2 to include crypto panel discussion ” The U.S. Securities and Exchange Commission, or SEC, announced Nov 24 the title of the upcoming crypto panel for its Dec 2 Investor Advisory Meeting will be “Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies”. Previously…
“# Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO ” Bitcoin (BTC) and most major altcoins continue to be pinned below their respective overhead resistances, indicating that bears are selling on rallies. According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously,…
“# Bitcoin price metric demands ‘strong reaction’ as $56K BTC starts to look ‘seriously cheap’ ” Bitcoin (BTC) is “seriously cheap” at $56,000 relative to network activity — and that means only one thing, one analyst says. In a tweet on Nov. 24, Philip Swift, creator of analytics platform LookIntoBitcoin, highlighted a bull flag on…
“# Shiba Inu slump continues: Data shows retail interest waning as SHIB down 60% in 4 weeks ” Shiba Inu (SHIB) edged further down on Nov. 24 as its appeal among the army of retail traders, who helped it rally by more than 535% to a record high of $0.00008854 earlier this year, declined. SHIB’s…
“# Bitcoin sees fresh split-second spikes as analysts say ‘almost time’ for BTC uptick ” Bitcoin (BTC) continued its pattern of sudden price spikes on Nov. 24 as sudden momentum produced a brief trip above $57,400. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: 2021 still conforms to bullish pattern Data from Cointelegraph Markets Pro…
“# Sandbox token SAND rallies 260% in November ahead of play-to-earn metaverse launch ” SAND, the native token of The Sandbox — a blockchain-based gaming platform owned by Animoca Brands — inched higher on Nov. 23, building on its gains made across November to reach another record high. The price of SAND rose to $5.64 after swelling 16.25%…