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Bitcoin Technical Analysis Update

The technical analysis of Bitcoin by Razum Capital

Nike unveils its NFT platform, Steve Jobs' sandals go for $200K, and more interesting news

One-of-a-kind NFTs of Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times in his life have sold for over $200,000.

Why did TWT price soar 150% in six days following FTX collapse?

The massive exodus from centralized cryptocurrency exchanges following the FTX crash appears to be the main reason behind the surge in Trust Wallet tokens.

Bitcoin SOPR hits its lowest since March 2020, bringing losses to a real level

The difference in selling price and paying price is the largest in more than two years since the last Bitcoin black swan event.

WENEW, a 10KTF project from Beeple, has been acquired by Yuga Labs, creator of Bored Ape

Bored Ape will serve as an advisor to Yuga after the NFT startup co-founded by Beeple joins Bored Ape’s team.

25/11/2022

There was a frontrunning of FTX token listings by Alameda Research: report

Alameda, which aims to differentiate itself from Sam Bankman-Frieds FTX, has been accumulating tokens ahead of its exchange listing, crypto compliance firm Argus reported.

Stablecoin inflows and DEX activity soared following the collapse of FTX.

Investors have flocked to stablecoins following the FTX crash, while a surge in DEX activity suggests that interest in self-custody options is on the rise.

25/11/2022

As crypto prices fluctuate, Binance CEO urges investors to hold on to their crypto investments

Binance CEO Changpeng Zhao (CZ) said that if people "use cash that they don't need for a long time," they should invest in cryptocurrencies as the market sees high volatility under the influence of FTX.

Data suggests further downside for crypto market cap at $850B

Crypto markets have rallied 11 percent from their Nov. 9 lows, but some indicators point to a severe lack of confidence among investors.

25/11/2022

Despite the collapse of the FTX, US senators commit to advancing crypto legislation

Two U.S. senators said the demise of FTX was a clear example of “the need for increased federal oversight of the digital asset industry.”

25/11/2022

An ex-FTX executive offers a 'cool token' idea amid warnings of a long-term rebound

Zane Tackett proposes an alternative to the 'baby boomer process' when it comes to FTX bankruptcy.

25/11/2022

Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

Bitcoin, Ethereum and other major altcoins regained lost ground after crypto exchanges crashed following an unexpected drop in CPI.

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