Tag: High

Chainlink plunges from three-month high as LINK price eyes another 50% correction

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Chainlink (LINK) returned to mimic the broader crypto market downtrend as its price fell alongside top coins Bitcoin (BTC) and Ether (ETH) on Nov. 8.  LINK plunged by as much as 10% into the day to reach $8. While BTC and ETH slipped by approximately 6.5% and 9%. That contrasts with the trend witnessed on Nov. 7, wherein LINK rallied 14% to $9.25, its three-month high, while BTC and ETH dropped 1.5% and 0.5%, respectively. LINK/USD two-hour price chart. Source: TradingView Overall, on a week-to-date timeframe, Chainlink has outperformed both…

Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week

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Bitcoin (BTC) starts the second week of November battling some familiar FUD — how will BTC price action react? The largest cryptocurrency managed a weekly close just below $21,000 on Nov. 6 — an impressive multi-week high — but remains fixed in a sticky trading range. Despite seeing highs of nearly $21,500 over the past week, there has yet to be a catalyst capable of breaking the market status quo, but the coming week has as good a chance as any of doing so. Nov. 10 will see key United…

MATIC Moves to 6-Month High, ATOM up 10% – Market Updates Bitcoin News

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Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, with prices rallying to a five-week high. Overall, the cryptocurrency global market cap is now trading 2.64% higher. Polygon (MATIC) Polygon (MATIC) was trading higher for a second consecutive session on Friday, as it rose by as much as 20%. Following a low of $0.9267 on Thursday, MATIC/USD rallied to an intraday peak of $1.15…

Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs

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Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Sellers move aside for new multi-week highs Data from Cointelegraph Markets Pro and TradingView breaking through resistance to hit local highs of $21,262 on Bitstamp. The pair had struggled to return to higher levels during the week, but the latest order book data from Binance showed asks now shifting up to north of $21,500. BTC/USD order book data (Binance). Source: Material Indicators/ Twitter The day’s…

Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’ – Bitcoin News

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On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ Customers Santander UK has published a new update concerning cryptocurrencies and it warns that investing in such financial vehicles can be “high risk.” The bank notes that the U.K.’s Financial Conduct Authority (FCA) has warned…

With Hacks at a Record High, Crypto Needs to Find Better Ways to Keep Users Safe

Experts have criticized that data, which analyzed 27,000 tokens, saying that not every low-effort phishing or pyramid scheme has takers. Some, like  Mark Zeller, vice president of the DeFi committee at L’Adan, a French digital asset industry group, said crypto users know the risks when they decide to get involved. That’s likely the case for people who know how to bridge crypto across blockchains or provision liquidity in decentralized money markets. Source

The Missing CryptoQueen Has Friends in (Very) High Places

But Jamie Bartlett and an investigative team at the U.K.’s BBC have been paying very close attention to OneCoin. Starting in 2019, Bartlett and Co. released a podcast, “The Missing CryptoQueen,” chronicling their attempts to track down Ignatova. The series ran for just over a year, producing nine episodes of fascinating but ultimately inconclusive digging. Source

Biggest Movers:  LTC Hits 6-Week High, as LEO Rises for the Ninth Straight Day – Market Updates Bitcoin News

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Litecoin rose to its highest level in over six weeks on Wednesday, as the token moved past a key price ceiling. Today’s move comes despite cryptocurrency markets mostly trading lower, ahead of the Federal Open Market Committee (FOMC) meeting. Unus sed leo (LEO) was also higher, climbing for a ninth consecutive session. Litecoin (LTC) Litecoin (LTC) rose by as much as 10% on Wednesday, despite cryptocurrency markets mostly trading lower. Following a low of $54.64 during Tuesday’s session, LTC/USD surged to an intraday peak of $61.89. The rally sees the…

Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’ – Economics Bitcoin News

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According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record in Q3 2022. The quarterly report indicates that the world’s central banks purchased close to 400 tons of gold and the WGC study says that it’s the “most on record.” Q3 2022 Data Shows the World’s Central Banks Stacked Close to 400 Tons of Gold On Nov. 1, 2022,…

Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high

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Bitcoin (BTC) stayed motionless at the Nov. 1 Wall Street open as traders rooted for clues over a possible direction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes of a breakout remain despite BTC sell wall Data from Cointelegraph Markets Pro and TradingView showed a narrow range in place for BTC/USD overnight, the day seeing local highs of $20,681 on Bitstamp. Markets were keenly awaiting news from the United States Federal Reserve on interest rates, which is scheduled for 2:00 pm Eastern Time on Nov. 2. Until then, it i…