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Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect

BTC’s price is rejected from breaking above $16,700 as this region is too strong for bulls.  BTC’s price remains bearish in the high timeframe as most traders and investors remain cautious.  BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims $16,500 as price struggles to

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Blockchain VC funding halves in October despite some strong raises

Blockchain venture capital inflows sharply decreased in October from the previous month. According to Cryptox Research, the number of individual deals dropped from 93 to 69 monthly.The Cryptox Research Terminal VC database, which compiles comprehensive details on deals, mergers and acquisition activity, investors, crypto companies, funds and more, shows venture

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Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation – Regulation Bitcoin News

U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire crypto sector while Brainard cautioned that failures from one platform are “spilling over into elsewhere.” Yellen: Crypto Needs ‘Very Careful

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White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong – Economics Bitcoin News

White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House Dismisses Recession Concerns White

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