Bitcoin price coils as market confirms $65K as ‘real resistance’

Bitcoin (BTC) inched closer to $8,000 on Nov. 29 after maintaining its previous gains for another day. Cryptocurrency market daily overview. Source: Coin360Bitcoin settles above $7,500Data from Coin360 showed BTC/USD avoid a reversal of its progress from earlier this week, which saw the pair suddenly surge from $6,500 to $7,600. Since the bullish shift on Nov. 25,…

Veteran financial advisor Neil Liversidge came to the U.K. Government and Parliament with a petition to ban crypto transactions. 3707 Total views 12 Total shares Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC).Liversidge, the owner of the independent financial advisory…

The Italian securities regulator, Commissione Nazionale per le Società e la Borsa (CONSOB), has added crypto company Togacoin to its scam blacklist on Jan. 28.The regulator released its warning against Togacoin alongside similar warnings concerning binary options company Smart Choice Zone and forex exchange Fx Breeze. The three firms have been added to the CONSOB’s…

Such a move would require broad consensus among Congress, the U.S. central bank and the White House. 818 Total views 25 Total shares U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on…

This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?

Concurrent to the United States finally launching its first Bitcoin (BTC) futures-based exchange-traded fund (ETF) Tuesday, France inches closer to a major Bitcoin-related ETF launch.Paris-based alternative investment firm Melanion Capital is preparing to launch its Bitcoin-linked ETF product already this Friday, the firm’s CEO Jad Comair announced to Cointelegraph on Monday.Called “Melanion BTC Equities Universe…

Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the last three months. The report identifies and determines key factors contributing to the well-documented NFT bear market, including Ethereum-based volume and transactional metrics, as well as market…

On Tuesday, the governor of Russia's Central Bank, Elvira Nabiullina, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a…

This incident serves as a reminder of the ever-present need for vigilance and proactive measures in the rapidly evolving world of blockchain technology.