Bitcoin Suffers Worst November Drop Since 2018 Bear Market
Bitcoin plunged nearly 5% to $86,950 within three hours during the Sunday trading session. Liquidations reached $539 million as over 180,000 traders faced forced position closures.
Bhutan stakes $970K in Ethereum validator program
Bhutan has taken another step into the crypto space. New blockchain data shows the Royal Government of Bhutan staked 320 Ether, worth about $970,000.
Bitcoin price slides to $85K: How low can BTC go in December?
Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000.
Peter Schiff Says Bitcoin Decline Comes Amid 'Rotation' From Fake To Real Assets: 'There's More Than Just Risk-Off At Play'
Economist Peter Schiff called Bitcoin (CRYPTO: BTC) a “fake asset” on Sunday, distinguishing it from risk-off technology stocks. A Rotation From Fake To Real Assets, Says Schiff In an X post, Schiff said Bitcoin's ongoing slump isn't due to its risk-off sentiment, but rather to its lack of intrinsic value.
Musk: AI era could erase money, boost Bitcoin
In Musk's AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value.
Ripple Secures Expanded License in Singapore, Strengthening Its Global Crypto Presence
Ripple, the San Francisco-based enterprise blockchain company, has gained an expanded Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a major milestone in its Asia-Pacific strategy. The update, announced Monday, positions Ripple to broaden its operations in one of the worlds most influential crypto hubs and deepen its long-term commitment to regulated digital asset services.
Ripple Labs gets nod to expand payment activities in Singapore
Ripple has also made several acquisitions this year to expand its business and institutional-focused offerings, with the latest being crypto custody and wallet company Palisade.
Crypto prices today (Dec. 1): BTC, ETH, BNB, XRP slide amid thin liquidity and $600M in liquidations
Crypto prices today fell across the board on as thin liquidity, heavy leverage, and more than $600 million in liquidations drove a sharp market pullback. The total crypto market cap dropped 5% to $3.04 trillion, extending last week's weakness.
Bitcoin Drop Ends Up Liquidating $500M Bullish Bets in Early Asia Trading
Binance, Hyperliquid, and Bybit saw over $160 million in liquidations each, with longs making up almost 90% of the total.
XRP Sees 1,447% Liquidation Imbalance, Shiba Inu Joins Japan's Green List, Saylor's Strategy Having Second-Worst Month Since Buying Bitcoin — Top Weekly Crypto News
XRP dropped a 1,447% liquidation imbalance in just 12 hours.
Bitcoin slides below $86,500, wiping out $144 billion in crypto market cap
Still, analysts predict upside from Fed's December rate cut decision, with the odds of a 25 basis point cut having increased recently.
Asia Morning Briefing: BOJ Rate-Hike Bets Triggers BTC Slide
Short-term Japanese yields reached their highest level since 2008, strengthening the yen and pressuring leveraged crypto positions during Hong Kong trading hours.
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