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Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. ... lees verder
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Prices could stay depressed for a while before they start to reflect blockchain technology's long-term value, says Canaccord. ... lees verder
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Friday’s employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to Federal Reserve Chair Jerome Powell. ... lees verder
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Industry experts told Insider their crypto market outlook after FTX's sudden downfall, which has brought down other ailing firms. ... lees verder
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Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday. ... lees verder
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Bitcoin continues to face strong resistance at the $17,000 price ceiling. Over the last 24 hours, Bitcoin lost 2% of its market value. In the past week, BTC has hovered around the same price region. The King Coin has not touched the $17,000 price resistance band in more than two weeks. At the moment, Bitcoin has a bearish bias. The technical outlook pointed towards the buying strength losing steam. It is, however, too early to predict when BTC will bottom out, which could mean that this consolidation phase will be extended. The price of Bitcoin has been extremely volatile throughout November. ... lees verder