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BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $17,500 monthly close “most bullish outcome”Data from Cryptox Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating.Highs of $17,072 appeared on Bitstamp, with the

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Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News

On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty

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Stablecoin HUSD Continues to Trade Below $1 Parity as Token Taps an All-Time Low at $0.72 – Bitcoin News

After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling to maintain parity with the

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Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid – Economics Bitcoin News

The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over Xi’s unprecedented

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Binance US taps ‘most feared man on Wall Street’ for new investigations unit

United States crypto exchange Binance US has created a new “investigations unit” and tapped a former FBI special agent as its new head, with the aim of seeking out and stopping illegal activity on its platform. The “investigations unit” is a brand new unit within the U.S. crypto exchange, the

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Turkey taps blockchain for e-Human project, President Erdoğan announced

Turkish President Recep Tayyip Erdoğan unveiled new details about the e-Human project powered by blockchain ahead of Turkey’s national blockchain summit. Cryptox Turkey reported the e-Human project will be based on blockchain tech to keep all services, data and capabilities used by the system under protection. While it has a sci-fi

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