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Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data
19.11.2022
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts...
Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains
19.11.2022
Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day. Algorand (ALGO) Algorand...
Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday
19.11.2022
Ethereum was once again nearing a breakout of its $1,200 level, as bearish sentiment returned to start the weekend. Following price rebounds on Friday, cryptocurrency markets were back in the red, and are trading 0.68% lower as of writing. Bitcoin also slipped in today’s session. Bitcoin...
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
19.11.2022
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator....
Market Wrap: Investors Continue to Learn More About FTX's Mismanagement
19.11.2022
The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
18.11.2022
Crypto true believers say blockchain markets and finance represent an existential threat to the traditional financial industry. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say
Bitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”
18.11.2022
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
18.11.2022
The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week
Sports Fan Tokens Rally Ahead of FIFA World Cup, Defying Crypto Market Gloom
18.11.2022
Socios.com’s CHZ jumped 11% in a day, while fan tokens of national soccer teams of Portugal and Argentina are up 50% and 28%, respectively, amid mounting anticipation for the soccer World Cup
Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged
18.11.2022
Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...
Price analysis 11/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
18.11.2022
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control
Biggest Movers: LTC Rallies to 1-Week High, as UNI Snaps Recent Losses
18.11.2022
Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses. Litecoin (LTC) Litecoin (LTC) was...
Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend
18.11.2022
Bitcoin was closing in on the $17,000 level on Friday, as cryptocurrency markets rebounded heading into the weekend. The token moved away from a recent support point of $16,200 in today’s session, as bulls reentered the market. Ethereum also moved higher, climbing back above $1,200. Bitcoin...
First Mover Americas: FTX's Troubles in Paradise
18.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 18, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
18.11.2022
Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services
Bahamian securities regulator ordered the transfer of FTX’s digital assets
18.11.2022
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12
First Mover Asia: Bitcoin Won't Budge. Cryptos Ignore the FTX Chaos for Another Day
18.11.2022
Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTS parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing
Market Wrap: Crypto Respond Sideways to FTX and related crises
17.11.2022
The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
FTX Collapse Leaves Total Crypto Market Cap Under $800B, Close to 2022 Low
17.11.2022
The FTX debacle has triggered a slide in cryptocurrency prices that wiped out some $183 billion of value from digital assets this month