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Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry
16.11.2021
Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting was an outcome of a consultative process involving the central bank, the Reserve Bank of India (RBI), the Ministry of Finance, and the Home Ministry. PM Modi...
Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'
16.11.2021
The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment....
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Bitcoin Around $60K Is a ‘Great Buy’ Before Next Surge
16.11.2021
Bitcoin followers finally have something to celebrate. Thanks to the Taproot upgrade. Taproot upgrade was activated at block 709,632 on November 4, 2021. Now, it allows faster and cheaper transaction fees, greater transaction privacy, and efficiency. However, the most interesting part of this...
US Infra Act: Cryptoverse Says the Fight Isn’t Over, But Things Could Get ‘Messy’
16.11.2021
Crypto advocates have vowed to keep fighting the controversial Infrastructure Investment and Jobs Act despite the fact that the United States President Joe Biden signed the act into law on Monday, leaving much-maligned “digital asset broker” status clauses intact....
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Bitcoin Testing USD 60K, Ethereum and Altcoins Trying to Recover
16.11.2021
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...
Topps Releases NFTs Featuring Science Fiction-Themed Collectible Card Series Mars Attacks
16.11.2021
On Monday, the sports and entertainment collectibles giant Topps announced the launch of non-fungible tokens (NFTs) based on the firm’s classic science fiction-themed trading card series Mars Attacks. The limited-edition NFT collection will be hosted on the NFT platform Curio and will...
Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude
16.11.2021
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country,...
Bitcoin bargain: 3rd biggest whale address adds 207 BTC at $62K
16.11.2021
Whales are broadly acting just like in the 2017 bull market, research suggests, as Bitcoin price action takes another breather
China warns state-owned enterprises to cease involvement in Bitcoin mining
16.11.2021
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies
BTC Markets hires former ASX and Tyro executives to advisory board
16.11.2021
David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets
Will Bitcoin hold $60K? Leverage shakeout 'close to complete,' data suggests
16.11.2021
8% daily losses are painful for longs but no problem for still bullish analysts
Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now
16.11.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at...
LBank Exchange Listed LMCSWAP on November 15, 2021
16.11.2021
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8)...
LBank Exchange Will List LMCSWAP on November 15, 2021
16.11.2021
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8)...
AMC CEO Says Bitpay Will Support Shiba Inu — AMC Set to Accept SHIB Next Quarter
16.11.2021
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says that payment service provider Bitpay has agreed to support the meme cryptocurrency shiba inu (SHIB) at his request. AMC will be able to accept shiba inu crypto for payments within the next few months. AMC Says...
Bitcoin, Ethereum and Altcoins Trim Gains, Bulls Struggle
16.11.2021
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...
Institutional Bitcoin products tag record AUM despite volume pulling back
16.11.2021
Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week
‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble
16.11.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private...
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
16.11.2021
Bitcoin price is hitting resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January
Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols
16.11.2021
Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund...