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Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook – Markets and Prices Bitcoin News

November 21, 2023

On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading activity, totaling $15.33 billion over the past day. Ethereum The recent market dynamics for ethereum (ETH) are characterized by…

Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate – Market Updates Bitcoin News

November 21, 2023

As of this writing, the crypto market is cruising at a value of $1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. This past week saw both bitcoin and ethereum experiencing notably stagnant weeks in terms of their percentage changes, while a number…

Latam Insights: Argentina's Massa Proposes Blockchain Oversight, Drex Will 'Kill' Lesser Cryptos in Brazil – Bitcoin News

November 20, 2023

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine presidential candidate Sergio Massa has proposed to use blockchain for state oversight, the Brazilian securities regulator…

CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review – The Weekly Bitcoin News

November 20, 2023

Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power and Blackrock has weighed in on the topic of ethereum exchange-traded funds (ETFs). This and more just below, in the latest Bitcoin.com News Week in…

Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge – Market Updates Bitcoin News

November 20, 2023

It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a…

Fading Interest for Privacy Cryptos Leads to $440M Market Dip in 2023 – Bitcoin News

November 19, 2023

Throughout 2023, numerous sectors within the cryptocurrency market have experienced gains. However, leading privacy-centric crypto tokens have lagged behind in performance compared to their counterparts. Since January, the market value of the privacy cryptocurrency sector…

South Korea's Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average – Bitcoin News

November 19, 2023

Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in the previous 24 hours. Bitcoin Price Soars $1,300 Above Global Norm in South Korea Cryptocompare.com’s data…

Report of SEC's Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as 'Real Progress' – Regulation Bitcoin News

November 19, 2023

The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progress,” said one crypto exchange insider. “The cash vs…

South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework – Bitcoin News

November 19, 2023

South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax…

AI-Driven Crypto Market Rebounds Back to $3 Billion Amid Surge in Leading Tokens – Market Updates Bitcoin News

November 19, 2023

In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto landscape, with its value increasing to $3.32 billion, bolstered by an infusion of roughly $720 million. AI…