Analysis of Prices on 11/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Bitcoin opened the week with a shallow correction, but altcoin traders seem unaffected by the slight BTC price pullback.
Bitcoin
Bitcoin Profits Hit $110K as CME Surpasses Binance in BTC Futures Open Interest: Hodler’s Digest, Nov. 5-11
The Chicago Mercantile Exchange surpasses Binance by one metric, OneCoin legal officer pleads guilty, Bitcoin’s cycle high could be $110K.
Bitcoin Trading Above $37K Triggers Bullish Setups for VET, IMX, GRT, and ALGO
Large and small-cap altcoins are flashing bullish signs as Bitcoin price holds above $37,000.
Bitcoin enthusiasts propose draft legislation to safeguard blockchain and decentralization in Argentina
The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.
What is the reason behind the increase in Solana price this week?
Solana’s price is up 40% this week due to easing FTX-dump fears and growing Bitcoin ETF buzz, while SOL/USD technicals hint at more upside.
Michael Saylor predicts Bitcoin demand could increase by 10 times in the next year
The MicroStrategy co-founder emphasized that demand for Bitcoin will significantly ramp up following the halving next year.
BlackRock contends SEC lacks basis for distinguishing between crypto futures and spot ETFs
BlackRock questioned the SEC’s preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and crypto-futures ETFs.
Bitcoin experiment yields nearly triple the returns compared to hodling, researchers say
The researchers tested the “efficient market hypothesis” against Bitcoin and, according to the study, were able to develop an “optimal model.”
11/10 Price Analysis: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), TON Crystal (TON), Chainlink (LINK), and Polygon (MATIC)
Bitcoin and Ether are leading the cryptocurrency markets from the front, but the risk of a short-term pullback remains.
Is it the season for altcoins? Altcoin performance over the past 30 days and total market cap show a bullish trend.
3 key data points highlight the 60-day strength shown by altcoins.
