Ethereum Price Approaches $1,000, Why Upsides Could Be Limited
Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone
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FTX Exposure Limited, Says Venture Capital Giant Sequoia
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Coinbase and Kraken experience limited services amid markets turbulence
Both Coinbase’s and Kraken’s platforms were down or experiencing intermittent latency issues on Nov. 8 amid market turbulence, according to users’ complaints on Twitter. The news followed the day’s earlier revelation that crypto exchange Binance intends to acquire its rival FTX.According to Twitter users, services were limited on both exchanges,
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Cash App Integrates with Bitcoin Lightning Network for Limited Users First
Cash App was launched by Block Inc back in October 2013 but added Bitcoin trading services only 5 years later, in 2018.Cash App, a financial platform developed by Block Inc (NYSE: SQ), has announced that its payment infrastructure is now integrated with the Bitcoin Lightning network. As a result, Cash
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Valkyrie to Liquidate Bitcoin Balance Sheet ETF After Limited Uptake
Investors never showed much demand for Valkyrie’s third ETF, where the largest positions are Tesla (TSLA) and MicroStrategy (MSTR), companies known for holding bitcoin on their balance sheets. Net assets under management are currently only about $570,000, a miniscule number for ETFs. Source
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Bitcoin Price Lacks Momentum Above $20K, But Dips Likely To Be Limited
Bitcoin is struggling to gain momentum above $20,000 against the US Dollar. BTC could rise steadily if there is a clear move above the $20,200 resistance zone. Bitcoin is stuck near the $20,000 zone and trading below the $20,550 resistance. The price is now trading near the $20,000 level and the 100
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Nvidia cites limited visibility into crypto mining’s impact on Q2 results
Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday. The chip giant released its financial results for the three months ended Jul. 31y, which revealed a 19% quarter-on-quarter drop
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FCA highlights limited role as unregistered businesses continue to operate
The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green light to offer services in the country.Just
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Bitcoin Price Tops Near $25K, Why Dips Might Be Limited
Bitcoin traded close to $25,000 before it corrected lower against the US Dollar. BTC must stay above the $23,500 support to start another increase. Bitcoin started a fresh increase above the $24,000 resistance zone. The price is now trading above the $23,600 level and the 100 hourly simple moving average. There was a
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CoinFLEX Resumes Crypto Trading With Limited Withdrawals of Up to 10% of User Funds
Summary: CoinFLEX has announced the resumption of crypto exchange trading services. However, withdrawals will be limited to 10% of user funds as 90% of all users’ assets are locked. The CoinFLEX crypto exchange has announced the resumption of previously suspended crypto exchange services. This includes crypto trading and withdrawals. However. crypto withdrawals will
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