Bitcoin price found support near USD 58,500 and recovered. BTC is back above USD 60,000 and is currently (04:23 UTC) consolidating. A close above USD 61,200 could push the price towards the USD 62,500 resistance zone. Besides, most major altcoins are gaining bullish momentum. ETH is up 5% and it broke the USD 4,300 level.…
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Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt…
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Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial facilities. State Firms Mining Crypto in China to Face Higher Electricity Bills China’s National Development and…
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Metaverse gaming tokens, including The Sandbox’s SAND and Axie Infinity’s AXS, have bucked the downtrend in Bitcoin and Ether. Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the…
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Bitcoin price found support near the USD 58,500 level. BTC started a recovery wave above the USD 60,000 resistance. It is currently (12:03 PM UTC) trading near USD 60,800, but there are many hurdles on the upside. Similarly, most major altcoins are attempting a recovery wave. ETH is inching towards USD 4,280, while XRP is…
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Bitcoin price continued its decline below the USD 62,000 support and broke the USD 60,000 support to enter a bearish zone. It is currently (04:20 UTC) showing bearish signs. Besides, most major altcoins are also showing bearish signs and dropping against BTC. BTC is down by almost 3% in a day, while other coins in…
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El Salvador had made history when it became the first sovereign nation to make bitcoin a legal tender. The September 7 official adoption had sent the entire space into jubilation as it had marked a significant stride for BTC. Barely a teenager, the digital asset had grown from being a relativity unknown internet coin to…
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Bitcoin price started a strong decline below the USD 62,000 support level. BTC even traded below USD 60,000 to move further into a bearish zone. It is currently (11:20 UTC) trying to recover and is nearing USD 60,300. Similarly, most major altcoins are also trying to recover losses. ETH declined below the key USD 4,200…
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Bitcoin price failed to gain strength above USD 65,500. As a result, BTC reacted to the downside and traded below USD 63,500. It is currently (06:00 UTC) down over 7% and there is a risk of more downsides below USD 61,000. Besides, most major altcoins are gaining bearish momentum. ETH declined below USD 4,500 and…
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David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets. Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand Australian clients, who have traded over…
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