Bitcoin hourly RSI falls to most 'oversold' since $60K BTC price

Bitcoin (BTC) has jumped to new 18-month highs, but holding its latest support is now key to avoiding a “breakdown.”BTC/USD 1-week chart. Source: TradingView$35,000 decides Bitcoin range breakout validityData from Cointelegraph Markets Pro and TradingView shows BTC price gains continuing into Nov. 2.BTC/USD hit $35,968 on Bitstamp after the daily close — its highest levels

Polkadot (DOT), the second-largest smart contract protocol in the cryptocurrency market by valuation behind Ethereum, is up nearly 30% in the last 24 hours. Polkadot's market capitalization has also surpassed $10 billion, solidifying its position as the fifth-biggest crypto asset.There are several major reasons behind DOT’s strong uptrend: strong technical market structure, anticipation of scalable…

According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto, assets, such as currencies, instead of stocks, local media has reported. According to Japanese financial news

Chainlink Labs’ Vince Turcotte told Cointelegraph that they expect digitally-native institutions to be the first to adopt the integration.

After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by Cointelegraph Brazil on Nov. 1. All in the name of preserving forex reservesThe measures were published in a…

Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals.According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more.$20,000 makes 50-BTC hodlers happyBitcoin is famous for its relationship with the $20,000 price tag.Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000…

Japanese bank holding and financial services company Mitsubishi UFJ Financial Group (MUFG), the fifth largest bank in the world, is set to put its digital currency MUFG Coin into practical use later this year. The news was reported by Cointelegraph Japan on April 9.News of the planned rollout was revealed by the newly-appointed MUFG president…

A lively day of trading amid U.S. election uncertainty sees Bitcoin add to its gains, which took it above the pivotal $14,000 resistance. 8495 Total views 74 Total shares Bitcoin (BTC) hit $14,500 for the first time since early January 2018 on Nov. 5 as crucial support held at $14,000. BTC price preserves $14,000 supportData…

The Italian regulator sets strict guidelines for OpenAI’s ChatGPT, mandating increased transparency and age verification measures to protect user privacy before lifting restrictions. 1890 Total views 11 Total shares Own this piece of history Collect this article as an NFTItaly’s data protection agency, known as Garante, has specified the actions that OpenAI must take to…