Monthly Archive:: November 2023

CME Bitcoin futures show investors betting on $40K BTC price

The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin’s potential to break above the $40,000 mark in the short term. CME …

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News Commentary #1,956 – Quopi | Service / Security Announcement !?

Quopi (“TRIAL” listing platform) made another announcement for its audience. This time it is all about security for users while they are working with their accounts and investing their funds. You will read a few simple steps to ensure your protection. For today, Quopi has been working for 294 days and 230 days it has being monitored by EN. Here’s …

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Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K

Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week ago. What is eye-catching is the unwavering strength of BTC derivatives, which signals that bulls remain steadfast in their intentions. An intriguing development is unfolding …

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Bitcoin bulls hold firm into weekly close: BTC price eyes $39.3K

Bitcoin (BTC) held near $38,000 into the Nov. 26 weekly close as traders boosted their BTC price optimism. BTC/USD 1-hour chart. Source: TradingView Bitcoin buyers give bears no room for maneuver Data showed a typically flat weekend for Bitcoin, with classic volatility yet to hit as the weekly close approached. #Bitcoin Straightforward and slow weekend. …

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News Commentary #1,955 – Henbbo Ventures | HNBT token – SALES GROWTH?

Henbbo Ventures platform (reviewed here) has published more information and details of its own HNBT token , sales growth and early stage of the IDO. Check below to see and understand what is it all about, so it is probably gonna be useful for those investors who are to take a time and decide thier futher deposits …

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Price analysis: BTC, ETH, BNB, SOL, DOGE, LINK, AVAX

Bitcoin (BTC) broke above the overhead resistance of $38,000 on Nov. 24, indicating that the sentiment is positive and bulls have kept up the pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that the “next two years are going to be good,” and market activity is likely to pick up in early 2024. The major …

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Bitcoin ETF hype returns as ‘aggressive bid’ sends BTC price near $38K

Bitcoin (BTC) took fresh aim at $38,000 into Nov. 23 as an “aggressive bid” dispelled cold feet over Binance’s $4.3 billion fine. BTC/USD 1-hour chart. Source: TradingView Bitcoin analysis: “Something is cooking” Data showed BTC price strength making a striking comeback to top out at $37,870. A subsequent cooling off kept the market near $37,500, with …

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News Commentary #1,954 – Quopi | Roadmap and Crypto Whitelist !?

Quopi (“TRIAL” listing platform) has announced Roadmap and Crypto Whitelist for the active members and potential investors, who might want to see the next pre-planned steps that could be done in the near future. For today, Quopi has been working for 288 days and 224 days it has being monitored by EN. Here’s the full update: Roadmap Revealed and Crypto …

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BTC price returns key profit mark to Bitcoin exchange users at $34.7K

Bitcoin (BTC) bought on exchanges every year since 2017 is now on average in profit, the latest data confirms. Compiled by on-chain analytics firm Glassnode, exchange withdrawal figures confirm that at $37,000, a user’s purchase is on aggregate “in the black.” Bitcoin exchange users claw back bear market losses Bitcoin returned multiple investor cohorts to …

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Price analysis: SPX, DXY, BTC, ETH, SOL, ADA, DOGE, LINK

The S&P 500 Index (SPX) rose 2.24% last week, its third consecutive weekly gain. In comparison, Bitcoin (BTC) managed a minuscule gain of 0.8%, indicating consolidation below $38,000. The prospects for risky assets remain bullish as the U.S. Dollar Index has started to turn down. Cryptocurrency investors have not parted with their Bitcoin holdings, even …

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News Commentary #1,953 – Henbbo Ventures | the domain was changed to a new one

Henbbo Ventures platform (reviewed here) has finally changed the domain and it seems that now all the services outside and inside work fine without any bugs and long waiting time. Below you can see and read their official news about this change, so you can better see the whole picture. Based on different users’ comments it’s highly …

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Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO

Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won’t be without challenges. In an interview with Bloomberg on November 16, Belshe explained that based on the discussions taking place between …

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Bitcoin fees skyrocket on spot BTC ETF hype

The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees. The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16, according to statistics from CryptoFees. At the time of writing, YCharts data …

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