🗞 Daily Crypto News & Video November, 15th💰
Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis. Enjoy! Today is a weekend day so no Daily Video but you can check out the news below ! 🗞 Bitcoin Rally Falters as Price Drops Below $16K https://www.coindesk.com/bitcoin-rally-falters-as-price-drops-below-16k Bitcoin’s price quickly dropped below $16,000 Saturday morning, putting the rapid rally seen in recent weeks on pause. Around 10:00 UTC, the cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours. As reported earlier this week, analysts had been expecting bitcoin (BTC, +1.56%) to move into consolidation for a time, and possible to see a pullback. That's because the rally from $9,800 to over $16,000 over the past two months looked overstretched on the technical charts. They anticipated, however, that the run toward bitcoin's record high of around $20,000 would pick up the pace again, likely in December. 🗞 Roger Ver: Bitcoin Cash Hard Forks Could Have Thwarted PayPal Support https://www.coindesk.com/roger-ver-contentious-forks-paypal-support-bitcoin-cash There are still a lot of uncertainties around the scheduled Bitcoin Cash fork event on Nov. 15, but one thing is for sure: The cryptocurrency’s biggest advocate, Roger Ver, executive chairman of Bitcoin.com, is not a fan of the scheduled upgrades on the network, which take place every six months. *“If PayPal knew that this sort of contentious hard fork was likely to happen, maybe they wouldn’t have added bitcoin cash at all to their roadmap,” Ver told CoinDesk in an interview, referring to PayPal’s recent announcement to add cryptocurrencies – bitcoin cash included – to its system. “So it is really a big problem to have these contentious hard forks. I’d like to see that come to an end.”* As of press time, PayPal hasn’t responded to CoinDesk’s request for comment on the upcoming fork event. Paxos, the company that provides crypto service for PayPal, rejected CoinDesk’s request to comment on the topic. https://www.coindesk.com/roger-ver-contentious-forks-paypal-support-bitcoin-cash?jwsource=twi 🗞 Grayscale Buys $240m in Bitcoin In Largest Capital Raise Week Ever https://decrypt.co/48277/grayscale-buys-240m-in-bitcoin-in-largest-capital-raise-week-ever Grayscale, which runs the Grayscale Bitcoin Trust (GBTC), bought this week another 15,114 Bitcoin ($241 million). GBTC holds 481,711 Bitcoin, representing 62% of all Bitcoins in the ownership of publicly-traded companies. Grayscale this week bought another 15,114 Bitcoin ($241 million), bringing the total number of Bitcoin the company owns to 506,000, or $8.1 billion. The company now manages a total of $10 billion worth of cryptocurrency. Grayscale Bitcoin Trust (GBTC), which was created in 2013, is the company’s biggest trust. The total value of assets managed by Grayscale Bitcoin Trust (GBTC) now exceeds $8.2 billion. GBTC holds 481,711 Bitcoin, which corresponds to 62% of the 814,359 Bitcoins in the ownership of publicly-traded companies. 🗞 BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K https://news.bitcoin.com/btc-options-open-interest-surges-traders-look-to-an-unfilled-bitcoin-futures-gap-at-18k/ Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps on CME Group’s Bitcoin Futures chart with an upward trajectory toward $18,000. During the last few days, bitcoin (BTC) spiked over the $16k handle, as numerous cryptocurrency markets have seen some significant gains this week. On Sunday morning, November 14, 2020, BTC’s price slid under the $16k zone to a low of $15,750 during the early morning trading sessions (EST). CME Group, Okex, and Ledgerx follow Deribit’s lead, and CME’s open interest has been growing massively. In crypto derivatives markets that tend to bitcoin futures and perpetuals, open interest has also reached an ATH this month. 🗞 Daily Crypto Calendar, November, 15th💰 Bitcoin Cash (BCH) "Bitcoin ABC and [Amaury Séchet] have announced they are forking away from Bitcoin Cash on November 15..." Dock (DOCK) "Token Swap start", during early Q4 2020. Matic Network (MATIC) "... IP-based rate limiting will be put in place from 15 Nov 2020..." Zeedex (ZDEX) "We are Glad to announce that our Mainnet on BSC is coming out on 15th November." **Last Updates** 🗞 Daily Crypto News & Video, November, 14th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-14th 🗞 Daily Crypto News & Video, November, 13th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-13th 🗞 Daily Crypto News & Video, November, 12th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-12th 🗞 Daily Crypto News & Video, November, 11th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-11th 🗞 Daily Crypto News & Video, November, 10th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-10th 🗞 Daily Crypto News & Video, November, 9th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-9th 🗞 Daily Crypto News & Video, November, 8th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-8th 🗞 Daily Crypto News & Video, November, 7th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-7th 🗞 Daily Crypto News & Video, November, 6th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-6th 🗞 Daily Crypto News & Video, November, 5th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-5th 🗞 Daily Crypto News & Video, November, 4th💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-4th 🗞 Daily Crypto News & Video, November, 3rd💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-3rd 🗞 Daily Crypto News & Video, November, 2nd💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-2nd 🗞 Daily Crypto News & Video, November, 1st💰 https://peakd.com/hive-126009/@vlemon/daily-crypto-news-and-video-november-1st ➡️ Be paid daily to browse with Brave Internet Browser ➡️ A secure and easy wallet to use: Atomic Wallet ➡️ Invest and Trade on Binance and get a % of fees back ➡️ Youtube ➡️ Twitter ➡️ Hive ➡️ Publish0x ➡️ UpTrennd ➡️ Read.cash ➡️ LBRY https://brave.com/mrc105 https://atomicwallet.io/join?kid=19E4Q5 https://www.binance.com/en/register?ref=FDKJH46B https://www.youtube.com/channel/UChO23TdSZBurqyINM98PPRQ https://twitter.com/VinnieLemon https://hive.blog/@vlemon https://www.publish0x.com/@Crypto_Lemon?a=Jrb2k7DAdW https://www.uptrennd.com/signup/NTc3OTE https://read.cash/@CryptoLemon/daily-crypto-news-july-15th-1bbc8955 https://lbry.tv/$/invite/@CryptoLemon:1 ➡️ Check out my video on Unstoppable Domains and get 10$ off a 40$ domain purchase https://www.youtube.com/watch?v=PXp1Jl_n_XM&t=1s https://unstoppabledomains.com/r/05939fe1637e4fc ➡️ Get 50$ free by ordering a free Visa Card on Crypto.com using this link or using this code qs4ha45pvh https://referral.crypto.com/signup?_branch_match_id=734714753472187866
17 comments
I didn't this update news. Thank you so much for your information.
The fork is quite approaching, just a few minutes left.. We are excited and worried at the same time.
Market is already reflecting a drop. Let's see how far it dips.
Let's see. For sure it will still surge up..
On time it will, personally we believe the dip is just beginning, the market sentiment is mostly fear (and uncertainty). Expect at least a 20$ drop in price and hold your breath.
Oh men.. That's why i swapped some to stablecoins 😁 and once it happens, i will buy more bch 😆
This is the way to go @jane and @monolith ! Buy the Dip ! Do any of you has a very good video about the fork, impacts etc... Impartial analysis ? :D
No I don't have.. Do you have any updates regarding the fork ? 😅
So we did. 2BCH to USDT at 270$ now is just matter of waiting.
Is it safe to swap this time? Seems like the fork isn't done yet.. Th connection not stable yet.
Don't do it just yet. Wait a little and update every wallet your using. We have just noticed a problem with Bitcoin.com wallet. Let's see if updating it, solves the problem.
We also noticed that the stablecoins drops a little.. I thought it is already stable and won't change?
Stablecoins are stable not unmovable. In other words they reduce the price variations to a minimum but still there's some variation.
Not a good day for bitcoin cash. BCH keep dropping it's value
It was to be expected. Many have fear and sold. The pullback is significant. We may drop to previous months values (220-240$)
Lets see what happend next
The BCH fork is the hottest news no doubt for us all. Maybe in other ambients is inconsequent but here we're all with our eyes opened (sleepy but fearsome).