A popular cryptocurrency analyst is expressing a bullish outlook toward two of Ethereum’s (ETH) biggest competitors. Pseudonymous crypto trader Altcoin Sherpa tells his 197,500 followers on the social media platform X that Solana (SOL) and Avalanche (AVAX) are both setting the stage for another leg up. According to the trader, Solana could increase more than …
Monthly archives: November 2023
Trader Says Market Behavior Signaling Bitcoin (BTC) Could Squeeze to the Upside – Here’s Why
A widely followed crypto analyst says that market behavior is signaling a breakout to the upside for Bitcoin (BTC). In a new thread, pseudonymous crypto strategist Credible Crypto tells his 349,500 followers on the social media platform X that the king crypto should surge as long as overeager short sellers unload into BTC’s support level. …
Crypto Trader Updates Dogecoin and Solana Outlook, Sees ‘Moment of Truth’ for Bitcoin Layer-2 Project
A widely followed crypto trader is taking a deep dive into the exploding altcoin markets, starting with Dogecoin (DOGE). Pseudonymous crypto analyst Rekt Capital tells his 364,700 followers on the social media platform X that DOGE’s weekly close will be the most important signal of what’s to come. “That ‘buy-the-dip’ behavior we saw yesterday is looking like …
JPMorgan Chase, Bank of America, Wells Fargo Suffer Major Outage As Customers Scramble to Locate Deposits
Several of America’s biggest banks are facing a flood of complaints about issues with account balances and direct deposits. Customers at JPMorgan Chase, Bank of America, US Bank, Wells Fargo and Truist say money that should have arrived in their accounts is not showing up. The network monitoring app Downdetector is reporting widespread issues at …
OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles. News Join us on social networks Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying …
FBI Collected Transactional Data of FTX Customers During Bankruptcy Proceedings, According to Billing Records
New data reveals that the Federal Bureau of Investigation (FBI) collected transactional data of FTX customers as the troubled crypto exchange went through its bankruptcy proceedings. According to new billing documents from consultancy group Alvarez and Marshal, advisers for FTX have been gathering transactional data to comply with subpoenas from at least five different FBI …
$4,000,000 in Free Money Up for Grabs As US Cities Launch New Guaranteed Income Programs
A pair of guaranteed income pilot programs are set to hand out $4 million to residents in two US cities with no strings attached. A new guaranteed income pilot program will allow a group of residents in Boulder, Colorado to collect money for two years. The city will be allocating $3 million in funds from …
‘Adult Supervision’ To Usher In 900% Price Explosion for Bitcoin, Says Michael Saylor – Here’s What He Means
MicroStrategy founder and executive chairman Michael Saylor says that Bitcoin (BTC) could soar by 900% if two key events happen in the crypto space. In a new CNBC interview, Saylor says that if institutional investors take on a larger role in Bitcoin, the crypto space will mature and weed out unscrupulous characters and more speculative …
SPACE ID 3.0 Unveils ID Token Staking and Game-Changing Upgrades for Its Permissionless Name Service Protocol
November 3, 2023 – New York, United States SPACE ID, a pioneering name service protocol in the Web 3.0 ecosystem, is proud to announce the launch of SPACE ID 3.0 – a revolutionary upgrade that promises to empower every Web 3.0 community to create their own TLDs (top-level domains). This visionary initiative has sent ripples …
Bitcoin Magazine claims Fed accused it of trademark violation for t-shirts
Crypto publication Bitcoin Magazine claims it has been threatened with legal action over “FedNow” t-shirts, hats, and other items. News Join us on social networks The United States Federal Reserve has sent a cease-and-desist letter to crypto media publication Bitcoin Magazine, accusing it of trademark violations, according to a Nov. 3 post from the publication. …
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Price analysis 11/3: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Bitcoin price is losing its upward momentum, but data suggests traders are gearing up to buy any significant dips. Price Analysis Join us on social networks Bitcoin (BTC) soared above $35,000 on Nov. 2 and that may have sucked in the aggressive bulls who speculated that the next leg of the up-move was beginning. However, …
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Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
Former FTX CEO Sam Bankman-Fried dreamed of being the president of the United States, but his lawlessness eventually caught up with him. Opinion Join us on social networks Former FTX CEO Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The …
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CME Bitcoin futures hit record high, but uncertainty looms above $36K
CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy. Market Analysis Join us on social networks Bitcoin (BTC) futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65 billion on November 1. This metric considers the value of every contract in play for the remaining …
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FTX bankruptcy advisors share customer data with FBI
Recently revealed court records show that Alvarez & Marsal, financial advisors involved in the bankruptcy proceedings of FTX, have shared customer data, including transaction records, with law enforcement agencies amid ongoing investigations. Billing records from Alvarez & Marsal, the appointed bankruptcy advisors, indicate that they provided this data in response to subpoenas from at least …
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Perpetual futures market paints a rosy medium-term picture for Bitcoin
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