Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower As Bearish Sentiment Returns to Markets
Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with overall sentiment in the cryptocurrency market turning bearish. Ethereum was once again trading below $1,200, after trading above this point in recent days.
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer information on these purchases.
Breaking: 127K Bitcoin (BTC) Worth Over $2 Billion On The Move
Whale Alert in a tweet on November 28 revealed that 127,351 BTC worth $2.06 billion has been transferred from crypto exchange Binance to an unknown wallet. The crypto community raised concerns about the motive behind the massive amount of Bitcoin moving from Binance.
Massive Spike in Bitcoin Accumulation From Retail Investors After FTX Collapse
The cryptocurrency industry saw one of the most spectacular crashes of one of its giants earlier this month, which cast doubt over the entire market and investors’ perspectives on it.
Staggering $2,800,000,000 in Bitcoin (BTC) Has Exited Crypto Exchanges in Just One Month: Glassnode
Leading analytics firm Glassnode reveals that crypto exchanges are witnessing a massive exodus of Bitcoin as BTC holders take the initiative to self-custody their coins.
Bitcoin Holders With Less Than 1 Bitcoin Add 96K BTC Since FTX Collapse
Glassnode Data Shows That FTX Collapse Left Bitcoin Holders Unfazed.
R. Kiyosaki Says Economy Is ‘The Biggest Bubble in World History’, Urges To Ditch Paper Assets
The author of the personal finance book ‘Rich Dad, Poor Dad’ Robert Kiyosaki, has extended his bearish stand on the global economy amid prevailing fears of an impending recession.
El Salvador Launches a National Bitcoin Office (ONBTC)
El Salvador’s government doubled down on its crypto initiatives by creating a National Bitcoin Office (ONBTC) that will oversee all local projects related to the asset.
Bitcoin [BTC] Analyst Says Bears Are Not Done Yet Because…
“Bitcoin [BTC]‘s bottom is close” has been the order of the day since the king coin traded at a price of $15,800. However, that opinion might not be as valid as many investors might have hoped.
Bitcoin Price Recovery; Vital Levels To Keep An Eye On
Bitcoin price bounced off the $15,400 price level and staged a recovery over the past day. In the last 24 hours, BTC has been moving sideways after claiming the $16,000 price mark.
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