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Bitcoin price could drop below $12,000 as bears gain technical advantage
Bitcoin’s (BTC) push to exit the bear market suffered a blow after the crypto sector was hit with a high-profile liquidity crisis affecting the FTX exchange. Consequently, the flagship cryptocurrency has corrected almost to a two-year low, with bulls appearing helpless.
In this line, Kitco News analysts Jim Wyckoff on November 9 suggested that bears have a technical advantage translating to a possible sustained Bitcoin price correction.
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Burning a Frida Kahlo drawing to sell NFTs is a bad idea
It’s hard out there for NFT enthusiasts — the market has slowed down significantly, sales have plummeted since peaks, and the people involved in the space are grasping for ways to get their projects some attention.
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All you need to know about Mastodon, the social network users are leaving Twitter for
With Twitter in disarray since the world’s richest person took control of it last week, Mastodon, a decentralised, open alternative from privacy-obsessed Germany, has seen a flood of new users.
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Sam Bankman-Fried No Longer a Billionaire After $14.6B Wipeout: Bloomberg
The FTX CEO lost an estimated $14.6 billion dollars – nearly 94% of his total wealth – according to the Bloomberg Billionaire Index.
FTX CEO Sam Bankman-Fried has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day.
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Ethereum price analysis: ETH rapidly declines below $1,500, support to be found overnight?
Ethereum price analysis is bullish today as we have seen a drop of almost 20 percent from the previous major resistance at $1,650 and the previous major resistance at $1,350 currently tested. Therefore, ETH/USD should soon reverse and look to regain some of the loss over the next days.
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