Is Bitcoin about to capitulate? Solana hits 100M active wallets, but how many are bots?
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Description
A disappointing 24 hours for BTC as it slides back toward testing the $60K resistance and many traders and analysts warn of some kind of capitulation in the works. However, several also point out that it may be a necessary correction to ignite a true bull run. Elsewhere, Josh O'Sullivan breaks down everything HBO's Bitcoin documentary got wrong, an 86-year old former attorney has to pay back $14M stolen in a crypto Ponzi scheme and Solana hits an all-time high for monthly active wallets, but ...
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The past 24 hours saw Bitcoin come within spitting distance of the $100K milestone, continuing one of the best Novembers on record while attracting short positions that may risk a "violent breakout." But don't be fooled: Bitcoin isn't the only thing worth your attention. United States SEC Chair...
Published 11/22/24
Published 11/22/24
Bitcoin has been highly volatile in the past 24 hours, particularly on the back nine, but very much in crypto's favor as it chases a six-figure price tag. So, to start with, I'll take you through some of the reasons for the momentum, what's going on behind the scenes of the markets and what might...
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