Cryptocurrency mining companies have been feeling the pinch this year amid the dropping crypto prices and the high electricity prices. These companies are now facing […] Go to Source
Monthly archives: November 2022
Sam Bankman-Fried Writes to His Staff – What Did He Have to Say?
The former CEO of the failed cryptocurrency exchange FTX, Sam Bankman-Fried, has written a letter to the exchange’s employees apologizing for the collapse of the […] Go to Source
Bitcoin Price Faces Rejection, Why BTC Could Resume Its Downtrend
Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average. There was a break below a key …
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Dogecoin Holds $0.08 Against All Odds; Here is Why This Will Favor DOGE Army
DOGE’s price continues to show strength as the price hold above the key region of $0.08 as bulls aim to go higher. DOGE’s price continues to look bearish with the market’s current state, as most traders and investors remain cautious. DOGE’s price bounces from a low of $0.07 on the daily timeframe as the price …
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Bitcoin Shakes Off the Bears and Aims for $20,000 By End Of Year, Can It Make It?
Bitcoin remains rangebound, hovering around its yearly lows, with some short timeframe bullish momentum. The cryptocurrency suffered amid the FTX’s collapse and the subsequent contagion, but market participants seem more optimistic about potential profits. As of this writing, Bitcoin has retraced back to yesterday’s highs. The BTC’s price is trading at $16,500 with sideways movement …
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Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows
On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst in a CryptoQuant post, the current capitulation is deeper than during both the 2015 bear …
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Ethereum Price Reclaims Demand Zone Of $1,200 – Here Are Levels To Watch
ETH price reclaims demand zone of $1,200 as the price aims to trend higher Price continues to look bearish with the market’s current state, as most traders and investors remain cautious ETH price bounces from a low of $1,100 on the daily timeframe as it eyes a recapture of $1,300 above the 50 Exponential Moving …
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ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service. Blockchain infrastructure company Horizen Labs, which is building the site on behalf of the ApeCoin decentralized autonomous organization (DAO), revealed the news in a Nov. 24 …
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Belgium says BTC, ETH and other decentralized coins are not securities
Belgium’s financial regulatory body has confirmed its position that Bitcoin (BTC), Ether (ETH) and other cryptocurrencies that are issued solely by computer code do not constitute securities. The explanation came from Belgium’s Financial Services and Markets Authority (FSMA) in a Nov. 22 report, a draft of which was opened for comment in Jul. 2022. The …
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Tamadoge Price Prediction for the 24th of November: TAMA to Pump Furiously
It is with a very strong bullish move that Tamadoge bulls break through the $0.0209 resistance level. But the bullish momentum reduces as it encounters a […] Go to Source
WEMIX token plunges 70% after it’s delisted by Korean exchanges
South Korea’s largest crypto exchanges have announced they will delist WEMIX (WEMIX) — the native token of gaming company Wemade’s blockchain platform Wemix — alleging the firm provided “false information” in response to an investment warning it was issued. Bithumb, Upbeat, Coinone, Korbit and Gopax — which are part of a collective called the Digital …
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Macro Guru Raoul Pal Says Crypto Markets Still Fundamentally Bullish Despite Peak Negative Sentiment
Macro expert and former Goldman Sachs executive Raoul Pal says that while negative sentiment across the crypto industry is at an all-time high, its fundamentals remain strong. In a new interview with co-founder and host of Impact Theory Tom Bilyeu, Pal says investor negativity is higher than he has ever seen it, including during the …
Crypto Exchange OKX Launches New Proof-of-Reserves System Allowing Users To Verify Their Assets
Crypto exchange OKX is launching a new proof-of-reserve system that enables customers to verify their digital assets. The Seychelles-based firm says the OKX Proof of Reserves (PoR) will provide a means for users to verify that their funds are backed 1:1 by real assets. “At OKX, we hold a 1:1 reserve of all customer assets …
Strategist Who Predicted May 2022 Bitcoin Crash Forecasts What’s Next for Crypto Markets
A popular crypto analyst who accurately predicted Bitcoin’s (BTC) crash in May 2022 is forecasting what’s next for BTC and the crypto markets. Pseudonymous crypto trader Capo details to his 676,000 Twitter followers what could happen to the crypto markets during both higher and lower time frames. The higher time frame includes one-hour to one-day …
Ethereum developers decided on eight proposals for the Shanghai update
Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24. On a weekly call, developers decided what features should be included in the next hard fork, which will be …
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