The cryptocurrency market generally recovered on Wednesday and pushed its market cap to $860 billion. Litecoin price led the mid-week bear rally, in a move that brought its weekly cumulated gains to 37.4%. Dash also outperformed its peers with a 14.65% recovery. Although Curve DAO Token only managed a 3.78% increase in price on the…
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During the European session, Bitcoin finally made some upside movement, having bounced off the double-bottom support level of $15,650. Genesis Global Capital, one of the largest cryptocurrency lenders, halted customer withdrawals due to a liquidity issue caused by an increase in withdrawal requests following the FTX collapse. Following the demise of FTX, Genesis announced on November 16…
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It has been another gruesome day in the cryptocurrency market, with Bitcoin price sliding to $16,000. Ethereum, the second-largest cryptocurrency, dropped further down the rabbit hole and is trading 5% lower on the day at $1,117. The sell-off accompanied a 3.6% decline in the crypto market cap to $830 billion. … Read More: Best Crypto to…
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XRP price prediction remains slightly bullish above the $0.3650 support zone, as XRP’s trading volume has sliced through $700 million and now stands at $865 million. The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto sector will emerge stronger after the FTX catastrophe if openness and trust remain its major focus. He urged an…
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The fall of FTX has led to a significant decline in the cryptocurrency market during the past few weeks. Many more businesses have gone bankrupt as a result of this pandemic, which has spread throughout the entire ecosystem. Those with crypto assets are scrambling to protect their funds from the current market downturn. Despite the…
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On Sunday, November 20, the total cryptocurrency market cap is $821 billion, 1.93% lower than yesterday. The market cap of DeFi coins has decreased by 1.83%. Bitcoin, the leading cryptocurrency, has remained mostly unchanged, up 6% from a recent low of $15,828. Since Bitcoin has been trapped below $17,000 for days, there has been no…
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Bitcoin (BTC) was trading near a recent price floor as the weekend began on a bearish note. Bitcoin is trading slightly lower on Saturday, below the 23.6% Fibonacci retracement level, with resistance at $17,250. An already negative trend has been reinforced by the continuous drop in BTC’s price in the wake of the FTX controversy.…
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The cryptocurrency market briefly regained positive momentum earlier in the week, but that did not translate into significant gains. Shockwaves coming from the collapse of FTX snuffed out the bullish spark…. Read More: Best Crypto to Buy Now 18 November – D2T, CHZ, TARO, LTC, RIA Read more »Sign up for e-EUR – the progressive…
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Bitcoin remained in a narrow trading range of $16,000 to $17,250 on Friday as the ongoing FUD continues to keep price action limited. The Securities Commission of the Bahamas (SCB) was watching FTX earlier this week. The Financial Crimes Investigation Branch and the regulator worked together to investigate FTX’s violations. The development came after FTX…
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Despite the ongoing uncertainty in the cryptocurrency market, Bitcoin is mostly unchanged, consolidating in a narrow trading range of $15,800 to $17,200. With a price range of $1,175 to $1,280, Ethereum, the second-most valuable cryptocurrency, is also trading sideways. Even if the global crypto market value gained 0.16% to $836 billion on the previous day,…
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