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Bitcoin Consolidates, Ethereum Trims Gains, BAT Skyrockets


Bitcoin price managed to extend gains above the USD 58,500 resistance zone. BTC even cleared the USD 59,000 level, but there was no break above USD 60,000. It is currently (04:45 UTC) consolidating, trading above the USD 57,500 support, and is up almost 1% in a day. Besides, most major altcoins...

Bitcoin Dominance Slides Below 40% for First Time in 6 Months


During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the...

Bitcoin and Ethereum Move Higher, BNB Rallies


Bitcoin price started a steady recovery wave from the USD 55,500 support level. BTC broke the USD 57,500 and USD 58,000 resistance levels. It is currently (11:54 UTC) rising and there are chances of further gains above USD 58,500. Besides, most major altcoins are also moving higher. ETH broke...

Gaming Token Gala Jumps Amid Increased Gaming Sector Bullishness


GALA, a crypto token issued by blockchain gaming firm Gala Games, is continuing to soar higher in price amid increased bullishness across the entire crypto gaming and metaverse sector.... Read More: Gaming Token Gala Jumps Amid Increased Gaming Sector Bullishness

Bitcoin and Ethereum Try to Recover, SAND Doubles in a Week


Bitcoin price is trading well above the USD 55,500 support level. BTC is rising and is currently (04:41 UTC) trading near USD 57,500. A close above USD 58,000 could open the doors for a steady recovery wave in the near term. Besides, most major altcoins are showing positive signs. ETH is back...

Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets


The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims...

Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses


The man who was at the helm of the company behind what’s become known as Greece’s first cryptocurrency has allegedly caused the coin’s price to sink as he disappeared this month. The executive was off the radar for about two weeks before finally telling the press he will soon...

Zcash Extends Rally After Proof-of-Stake Plan, Twitter Shills


The privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm. At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past...

Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds


Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...

Tokens.com Buys USD 2.8M Worth of Virtual Land in Upcoming Fashion District


Tokens.com, a publicly-traded company that invests in revenue-generating digital assets, has acquired 116 parcels of virtual land within Decentraland's metaverse, which is reportedly the largest metaverse land acquisition to date. Each parcel corresponds to 52.5 square feet of virtual land, making...

Cardano and Tron Fall as eToro Restricts Access for US Users


The Israel-based trading platform eToro announced on Tuesday that it will restrict access to the two cryptocurrencies cardano (ADA) and tron (TRX) for users in the United States. The price of both tokens fell sharply in the market following the news. “US users will not be able to open new ADA...

Bitcoin Stuck Below USD 57K, Ethereum Inches Higher, SAND & ZEC Rally


Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline. Besides, most major altcoins are stuck in a range. ETH is rising towards...

Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover


Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000.... Read More: Bitcoin Remains...

Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%


Non-fungible token (NFT) sales have dropped considerably during the last month as cryptocurrency values have seen significant losses in recent times. NFT sales saw a quick spike when a number of crypto assets neared all-time price highs in mid-November, but sales quickly plummeted back down...

Long-Term Bitcoin, Ethereum Holders Remain Confident, On-Chain Data Shows


The important long-term holders (LTHs) of both bitcoin (BTC) and ethereum (ETH) are still optimistic about the near-term price moves of the two cryptocurrencies, according to on-chain indicators analyzed by Kraken Intelligence. Despite hitting all-time highs earlier in November, both BTC and...

Elon Musk Throws 'Shade' at Binance Over DOGE Handling, CZ Bites Back


Tesla and SpaceX CEO Elon Musk has scrutinized major crypto exchange Binance over dogecoin (DOGE) withdrawals, which are frozen due to a technical issue triggered by a software upgrade - calling the situation "shady." "We are pretty certain it is an issue with the latest doge wallet," replied...

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