NFT News by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage The BTC price is back above $17k for the first time since mid-November. It happened in response to Fed Chair Powell setting grounds for a 50 BPS hike, stating that now might be the time to increase the interest rates at a moderate pace. These dovish comments leave buyers more time with their current buying power  — which has directly translated to a happy December entry for Bitcoin as more investors turned up. BTC Price Trajectory In November November was nothing but a bucket of bad news for the crypto market. As Sam Bankman-Fried’s fake facade of the most charitable billionaire came to light soon after the FTX collapse, Bitcoin became a seller’s market. After riding the highs of above-$20k due to the Fed’s earlier minutes of the meeting, and the CPI data, FTX’s betrayal proved to be the second bomb to implode crypto prices this year. The BTC price quickly went down to its...

Buyers’ momentum is increasing Bitcoin (BTC USD) Price Analysis – 01 December The Bulls may push up the Bitcoin to penetrate the $17,538 level and target $20,489 provided the resistance level of $18,439 does not hold. In case the just mentioned level holds, the price may continue a ranging movement. BTC/USD Market Key Levels: Resistance levels: $17,538, $18,439, $20,489 Support levels: $15,724, $13,456, $11,450 BTC/USD Long-term Trend: Ranging Bitcoin price is ranging on the medium-term outlook. The Bitcoin price reached the resistance level of $21,481 on 05 November. A bearish engulfing candle pattern formed at the same level; this is a bearish reversal candle pattern that triggered the Bears’ momentum. The price dropped to the $15,724 support level. It pulled back shortly to retest $17,528 but was unable to break up the level. Since then, the price has been ranging movement within $17,538 and $15,724. The Bitcoin price is currently increasing toward the $1...

T amadoge buyers are setting the stage for another bullish run. This is because after the buyers found a new higher support level for the market at $0.19, the buying pressure becomes evenly matched with the selling pressure. This intensifying market struggle at this new level increases the probability of a bullish price breakout.  Tamadoge Market Price Statistic: TAMA/USD price now: $0.0193 TAMA / USD market cap: $32,889,481 TAMA/USD circulating supply:1.05Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: #2715 Key Levels Resistance: $0.0255, $0.0260, $0.0270 Support: $0.0180, $0.0170, $0.016 Tamadoge Market Price Analysis: The Indicators’ Point of View As the tug–of–war nears the climax, the market, according to the RSI indicator, climbs to the midrange with a momentum measurement of 49.3. And the bands of the Bollinger indicator continue to increase contraction. At the climax of this, the market should explode to the upsi...

Join Our Telegram channel to stay up to date on breaking news coverage Elon Musk, the billionaire entrepreneur, has confirmed his intention to integrate payments into what he calls Twitter 2.0 — “The Everything App,” fueling a brief 19.4% price increase for meme-inspired cryptocurrency Dogecoin (DOGE). In a Nov 27, 2022 tweet to his 119.2 million followers, the new Twitter CEO revealed his plans, sharing several slides from a recent “Twitter company talk.” While Musk made no mention of DOGE in the tweet or the accompanying slides, some investors appeared to be hopeful that Dogecoin would be involved in some way. According to CoinGecko data, Dogecoin’s price jumped 19.4% from $0.089 to $0.107 in the hours following the tweet before settling at $0.1 at the time of writing. Dogecoin Surges – An Analysis Dogecoin is an open-source, peer-to-peer digital currency created in 2013. It was initially conceived as a joke but has since grown to b...

Join Our Telegram channel to stay up to date on breaking news coverage The bull market of Kyber Network finally breaks the long-term downward-moving market. The tide begin to turn around on November 8 and 9 when a very significant bearish price move brought the price down to $0.5 from $0.8. This strong bearish move immediately trigger the bull market at the demand zone of $0.5, and the buyers also significantly pushed the price upward in the following trading session. However, they hit a brick wall at the$0.6 price level. For several days, the bulls continue to try to break through the resistance level. It was not until today that the bullish price breaks the resistance level. Kyber Network Classic Market Price Statistic: KNC/USD price now: $0.7 KNC/USD market cap: $120,438,631 KNC/USD circulating supply:164,893,760.00 KNC/USD total supply: 223,368,900 KNC/USD coin market ranking: #164 Key Levels Resistance: $0.75, $0.8, $0.85 Support: $0.6, $0.55, $0.50 Kyber Net...

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable? Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a monthly close above $17,000. This suggests that the selling that had picked up due to the FTX crisis may be reducing. Usually, smaller investors panic and dump their holdings in a bear market but it has been the opposite with Bitcoin investors. According to Glassnode data released on Nov. 27, investors holding less than one Bitcoin, also called shrimps, bought 96,200 Bitcoin since the FTX crash. Along similar lines, investors holding between 1 to 10 Bitcoin, classified as crabs, bought 191,600 Bitcoin over the past 30 days. This shows investors are continuing to accumulate at lower levels. Daily cryptocurrency market performance. Source: Coin...

Bo Shen, co-founder of venture capital firm Fenbushi Capital, shared via Twitter on Wednesday that his wallet had suffered an attack. A malicious actor carted off assets worth $42 million from the Chinese investor’s personal holdings on November 10. Hacker Gains Access Via Compromised Seed Phrase Per the tweet, the stolen funds included 38M USDC. Shen made sure to clarify in his post that the hack was isolated to his own accounts and Fenbushi wallets remained unaffected.  A total of 42M worth of crypto assets, including 38M in USDC were stolen from my personal wallet ending in 894 in the early morning of November 10 EST. The stolen assets are personal funds and do not affect on Fenbushi related entities. — Bo Shen (@boshen1011) November 23, 2022   Blockchain security firm SlowMist verified news of the attack and shared a report detailing how it occurred. SlowMist explained that they began their investigation with an on-chain Analysis of the stolen assets and the ex...