Bears could push Bitcoin price to its 200-week moving average below $5,000 before a mid-term reversal occurs. As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen…
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United States SEC hires an in-house attorney as Chief of the Division of Enforcement’s Cyber Unit, tasked with protecting investors against cyber-related misconduct. The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to protect investors and markets from…
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Decentralized exchange Waves DEX shut down to resume operations as a hybrid exchange. Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2. Per the release, the exchange has already ceased operations on the old domain and the process…
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The green-ess was short-lived for the majority of the market, as is so commonly the case. The comparison between November and October proves once again how quickly the color of the crypto market changes. Bitcoin (BTC) too failed to see a rise in its price for the month of November. And though there are certainly…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news The International Monetary Fund (IMF) has called on Georgia to report on its crypto mining industry. The country is home to several large cryptocurrency mining centers, with big Read…
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The Way of Tiger: an old game cover. Fueled by the news of a new adoption project, VeChain (VET) is today by far the best-performing coin in the top 100 by market capitalization. The 25th coin has rallied, jumping 20.24% in the last 24 hours, but also 35.01% in the last seven days, bringing it…
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Decentralized cryptocurrency exchange CryptoBridge announced the closure of its platform, citing market conditions and regulatory pressure. The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website. In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users…
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San Francisco-based financial technology firm Figure Technologies has secured $58 million in a total offering amount of $103 million. San Francisco-based fintech firm Figure Technologies has secured $58 million in a recent funding round which aims to raise a total of $103 million. According to a filing with the United States Securities and Exchange Commission,…
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The cryptocurrency market sentiment did not manage to recover from its major tumble last week, despite the situation looking greener. The combined moving average 7-day market sentiment measure for the top 10 coins by market capitalization fell for the fourth week in a row, from last Monday’s 4.39 to today’s 4.3, according to Omenics, a…
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A domain registry says the ongoing legal investigation into OneCoin compelled it to freeze its website, years after critics first accused the scam’s operators of fraud. The website for cryptocurrency Ponzi scheme OneCoin has finally ceased operating, months after United States authorities indicted one of its founders for fraud. As MLM scam monitoring resource BehindMLM.com…
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