What happened Investors looking at the price action among the largest cryptocurrencies by market capitalization may not like what they are seeing. As of 10 a.m. ET Monday, Bitcoin (CRYPTO:BTC) was down by a little more than 1%, while Etheruem (CRYPTO:ETH) and Dogecoin (CRYPTO:DOGE) were down by approximately 2%. These downward moves aren’t massive. However, they’re a continuation of some relatively weak price action for these cryptocurrencies. At… Source link

Kraken on a phone KONSKIE, POLAND Kraken will stop trading of privacy coin monero for UK customers this month, according to an email last week. By November 26, UK users will no longer be able to open or add to positions in monero. A Kraken spokesperson said the exchange was responding to guidance from the UK regulator. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency exchange Kraken will stop UK customers from trading in privacy crypto coin… Source link

Kraken on a phone KONSKIE, POLAND Kraken will stop trading of privacy coin monero for UK customers this month, according to an email last week. By November 26, UK users will no longer be able to open or add to positions in monero. A Kraken spokesperson said the exchange was responding to guidance from the UK regulator. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency exchange Kraken will stop UK customers from trading in privacy crypto coin… Source link

Ethereum’s native asset Ether (ETH) may rebound by nearly 60% in the coming sessions as the bulls pin hopes on a classic bullish continuation pattern. Prices may rise to or above $6,500 from their current levels near $4,100 after completing a “cup and handle” formation, hinted Matthew Hyland, an independent on-chain analyst, in a tweet published Monday.  A perfect Cup and Handle retest Hyland’s chart shows Ether returning to the old point of resistance of its previous Cup and Handle… Source link

Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support. After a promising weekend, BTC/USD ultimately saw rejection at $60,000 twice, and has since headed below $57,000 as market momentum wanes. The stakes are high: some believe that sky-high Bitcoin price targets can still be met by the end of the month, while others believe that this bull market will take longer to play out than previous ones.  With November looking ever more… Source link

Ethereum Ethereum fell by 3.47% on Sunday. Reversing a 2.72% gain from Saturday, Ethereum ended the week down by 7.86% to $4,262.99. Bearish through the morning, Ethereum fell to an early afternoon low $4,301.98 before making a move. Steering clear of the first major support level at $4,269, Ethereum rose to a late afternoon intraday high $4,427.72. Falling short of the first major resistance level at $4,502, however, Ethereum slid to a late intraday low $4,246.07. Ethereum fell through the first… Source link

Speaking at an event closing a week-long promotion of bitcoin in El Salvador, Bukele said the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except for a value added tax (VAT). “Invest here and make all the money you want,” Bukele said in English, dressed all in white and wearing a reversed baseball cap, in the beach resort of Mizata. “This is a fully ecological city that works and is energized by a volcano.” Half of the VAT… Source link

Over the past year, Shiba Inu (CRYPTO:SHIB) has skyrocketed 68,000,000%, growing at a pace that could turn relatively small sums of money into millions of dollars. While impressive, Shiba Inu lacks actual utility, and those gains have been driven by nothing more than hype. That leaves a big hole in the long-term investment thesis, especially when other cryptocurrencies have seen mainstream adoption. For instance, PayPal Holdings debuted the ability… Source link

The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations that’s going on right now.” ‘Bitcoin Is Winning, Gold Is Losing’ as Store of Value Microstrategy CEO Michael Saylor talked about the future outlook for bitcoin in an interview with CNBC… Source link

The market entered into a dynamic zone, wherein the bulls attempted to counter the extended correction phase. Thus, altcoins like Shiba Inu and Litecoin saw green candlesticks over the past 24 hours. The outlook remained bearish while the near-term technical indicators pointed at its decreasing influence. On the flip side, Loopring flashed bullish indications but fell into a downturned after striking its ATH on 10 November. Shiba Inu (SHIB) TradingView, SHIB/USD The meme coin was on a… Source link