Bitcoin’s price action shows consolidation and significant volatility, focusing on the $38,000 resistance level and market sentiment indicators. How high can Bitcoin go? Bitcoin (BTC) has shown resilience and bounced back above $37k levels after declining to $35k levels on Nov. 15. BTC has maintained its bullish outlook despite a period of sliding prices influenced by the absence of significant developments in the spot Bitcoin exchange-traded fund (ETF) and other macroeconomic factors. Moreover, over the past few weeks, Bitcoin’s journey has been marked by a pattern of higher lows and…
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London High Court Battle Focuses on $1B Tether Deposit: Financial Times
Arbitral says it is entitled to extra money from assets generated by the business in the year following the sale, according to an agreement between the two firms. According to the report, Britannia claims that Tether deposited the funds with its subsidiary, Britannia Global Markets, and the transaction is therefore unrelated to the brokerage it bought from Arbitral. Source
Nvidia (NVDA) Stock Rallies to New ATH amid High Impact News Including Today’s Q3 Earnings Release
Nvidia is expected to report revenue growth in the Q3 2023 earnings result today, thus boosting shareholders’ confidence amid high demand from AI companies. After getting trapped in a correction mode in the past two months, Nvidia Corporation (NASDAQ: NVDA) stock has set a new all-time high of around $504.09 after a 20 percent spike during the last four weeks. The American multinational tech company that has dominated the semiconductor chip industry amid the artificial intelligence (AI) revolution has attracted major investment in the past year to reach $1.22 trillion…
Santander Private Banking International diversifies into crypto trading for high net worth clients
Santander Private Banking International, a division of Banco Santander, is now offering its wealthy clients the opportunity to trade and invest in prominent cryptocurrencies like Bitcoin and Ether, marking a significant shift in the bank’s approach to digital asset management. Santander Private Banking International, an arm of Banco Santander, is now offering its high net worth clients the opportunity to trade and invest in major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH). This move, detailed in an internal announcement obtained by CryptoX, represents a significant shift in the bank’s…
Dogecoin Metrics Signal Impending Breakout, How High Can The Price Go?
Dogecoin is definitely on a rally as shown by crypto market numbers. The cryptocurrency has experienced a significant market increase amidst a wider consolidation, with the price up by 7.46% in the past seven days. Although the price of DOGE was recently pushed back down today by some level of resistance near $0.087, it has since bounced back up again at $0.082. At the time of writing, DOGE is trading at $0.084, an increase of 2.4% from this support level. This indicates that the bulls are not ready to give…
Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court
The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence. Source
Lido DAO (LDO) New All-Time High? One Analyst’s Perfect Setup To $37
Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will push LDO to new all-time highs and one crypto analyst has revealed how high the token’s price could go. Lido DAO To Beat Previous $7.22 All-Time High Back in the bull run of 2020-2021, the price of Lido DAO’s native LDO token soared with the rest of…
OpenAI halts new ChatGPT Plus sign-ups amid high demand
OpenAI, the company behind the popular artificial intelligence (AI) chatbot ChatGPT, said it has put new sign-ups on hold for the premium version of the AI tool, ChatGPT Plus, due to a high surge in usage after DevDay. The company’s CEO, Sam Altman, made the announcement via a post on X (formerly Twitter) on Wednesday, Nov. 15. According to Altman, new sign-ups are paused because the platform has exceeded its capacity, affecting users’ quality of experience. Atman said ChatGPT Plus has seen a surge in usage since OpenAI’s DevDay, where it announced some…
OMG Token Climbs to Six-Month High as Vitalik Buterin Hails the ‘Return of Plasma’
OMG, the native token of the OMG Network, climbed to a six-month high after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology behind the OMG Network, has the potential to reduce transaction fees and improve security. Source
Fake News on BlackRock’s iShares XRP Trust Sends Price Briefly to $0.74 Leading to High Liquidation
For several hours, the iShares XRP Trust appeared on the ICIS Delaware website suggesting that BlackRock had filed to list an XRP ETF, which was confirmed to be fake. Amid the ongoing Bitcoin (BTC) and Ethereum (ETH), exchange-traded funds (ETFs) in the United States, the crypto community has questioned why the Ripple Labs-backed XRP has not been included and it has legal clarity. On Monday, reports circulated on the X platform that BlackRock Inc (NYSE: BLK) had filed to list an XRP exchange-traded fund (ETF). Notably, BlackRock’s iShares XRP Trust…