Cryptocurrencies

5 Top Cryptocurrency to Buy For Long Term Returns November 2021 Week 4

Bitcoin is a well-known cryptocurrency to buy for long term returns, but in addition to the benchmark asset, there are hundreds of other coins worth long term investment. Finding the best crypto assets for long term investment can be difficult, especially if you are new to the crypto scene. We …

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Bitcoin too volatile to be adopted as legal tender, says BoE chief

The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it. Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the launch of Bitcoin City. Bailey …

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Bitcoin offers ‘Black Friday deal’ with sub-$55K BTC price — just like 2020

A strange sense of deja vu pervades crypto markets as Black Friday delivers a rare buying opportunity right on cue. Bitcoin (BTC) may be down 20% from all-time highs, but this is a golden opportunity to “buy the dip,” analysts argue. Black Friday is living up to its name in …

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5 Best Cryptocurrency to Buy for the Weekend Rally November 2021 Week 4

The cryptocurrency market is continuing to slide downwards. Its total market cap now stands at $2.49 trillion, down from roughly $3 trillion two weeks ago. Pretty much every major cryptocurrency, from bitcoin (BTC) to ripple (XRP), is falling along with the market. However, drops are generally preludes to rebounds, providing …

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Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M

Bitcoin price action sees its lowest levels since the second week of October after a hefty $5,000 red daily candle. Bitcoin (BTC) shed almost $5,000 in a single day on Nov. 26 as bulls faced fresh disappointment. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingv Bitcoin targets $54,000 Data from Cointelegraph …

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Two MAS-regulated Bitcoin funds launch in Singapore

The new Bitcoin funds aim to provide simple and secure exposure to Bitcoin for professional investors. Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS). The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, …

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New German government cites crypto in coalition agreement

The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses. The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.” Three German political parties agreed to a …

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Bitcoin (BTC) Price Prediction: BTC/USD Lacks Buyers at Higher Price Levels as Bitcoin Faces Strong Rejection

BTC/USD Is Unable To Sustain Above $60k as Bitcoin Faces Strong Rejection- November 26, 2021 On November 25, BTC/USD rallied to $60,000 resistance zone as Bitcoin faces strong rejection. BTC price rallied to the high of $59,200 as price reached the overbought region. Presently, the BTC price is retracing from …

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South Korean regulator proposes strict new rules for token issuers

The FSC wishes to establish a system that would recover illegally gained funds, dole out criminal punishments, and protect investors from future malfeasance. South Korea’s Financial Services Commission (FSC) has issued a report outlining its new definition of cryptocurrencies, along with proposed procedures for token issuers and punishments for non-compliance. …

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Thai lawmakers urged to approve tourism crypto to entice digital nomads

The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures. A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media. The …

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