Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M

The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount. 460 Total views 3 Total shares The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able to…

Bitcoin consolidates below $30,000, with the BTC price weekly close of interest to market analysts. Bitcoin (BTC) tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close.BTC/USD 1-hour chart. Source: TradingViewBTC price sets up weekly close showdownData from Cointelegraph Markets Pro and TradingView captured new two-month BTC price

Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that th descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance.BTC/USD price on FTX. Source: TradingViewSuch bearishness follows scrutiny from United States regulators, after a Nov. 1 report from the President’s…

The United States Commodities Futures Trading Commission (CFTC) has confirmed that LedgerX has not yet been approved by the agency to offer physically-settled Bitcoin futures, in a statement obtained by CoinDesk. Allegedly fake CFTC approval announcementsAs Cointelegraph reported yesterday, LedgerX said in an announced on July 31 that its physical futures offering was live on its…

Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City.Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard.“Dude,” Novo remarks excitedly as he works, “That just happened.”That would be NFT.NYC, the early November conference/gathering/bacchanal that…

Bitcoin (BTC) witnessed a volatile trading session on the last day of the quarter. The bulls were trying to maintain Bitcoin’s price above $31,000 but they received a jolt on a Wall Street Journal report which stated that the United States Securities and Exchange Commission (SEC) had returned applications for the Bitcoin spot-price exchange-traded fund…

This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading account registration.Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Zaif crypto exchange reopens…

Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position.Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, as one analyst said that the level is crucial to reclaim for gains to continue.Cryptocurrency market daily snapshot, Aug. 28. Source: Coin360BTC…

Bitcoin (BTC) faces a “breakdown” and distribution despite a new macroeconomic paradigm being around the corner.That was one of the conclusions of quantitative Bitcoin and digital asset fund Capriole Investments, which, in its latest update, warned that Bitcoin was “not yet” ready to flip bullish.Capriole: Bitcoin fundamentals say “not yet”United States equities are booming, and…