1. Market TrendFrom Nov. 6 to Nov. 8, the BTC price swung from $34,448.00 to $35,888.00, with a volatility of 4.18%. The prior market analysis mentioned that the BTC price had never dropped below $34,000 when stepping back to a key level. This is not a coincidence, but some kind of strength in suppo

United States Deputy Secretary of the Treasury, Wally Adeyemo, delivered a significant message at the annual meeting of the Securities Industry and Financial Markets Association, outlining the Biden administration's determination to combat the illicit use of cryptocurrencies. Adeyemo emphasized the

The SEC may approve all 12 spot Bitcoin ETF registrations within an eight-day timeframe from November 9 to November 17, based on Bloomberg ETF experts James Seyffart and Eric Balchunas.Source: kriptokoin.comOver the following eight days, all twelve of the present applications for spot Bitcoin exchan

Dr. Doom's Unexpected Change of Heart: Nouriel Roubini's Firm Enters the Crypto Arena Despite Past OppositionEconomist Nouriel Roubini's firm, Atlas Capital, has stirred controversy by introducing a cryptocurrency token designed to combat climate change. This marks a stark departure from Roubini's e

During the previous two weeks, the price of Bitcoin has been moving in a constrained 4.5% range, suggesting a level of stabilization of about $34,700. Source: www.vectorstock.comThough BTC prices have remained unchanged, the 24.2% increase since October 7th has restored trust due to the approaching

China Contemplates Adopting Digital Yuan in Commodity Trade SettlementsThe People's Bank of China is assessing the use of the digital yuan for settling service and commodity trades with Hong Kong. Di Gang from the PBOC's Digital Currency Institute indicates this approach could bypass the high costs

In a bold legislative move, U.S. Representative Tim Burchett has put forth an amendment that would reduce the salary of SEC Chairman Gary Gensler to a mere $1 per year. This move is part of a broader initiative within the Financial Services and General Government (FSGG) bill aimed at decreasing the

The price of SOL is starting to fall as investors may be wondering why there was a double-digit increase recently.Source: forkast.newsDuring October 30 and November 2, there was a significant 36.6% spike in the price of Solana's SOL. But on November 6, it saw a 10% correction down to $40 due to its

Hong Kong's Regulatory Body Intends to Broaden Scope of Cryptocurrency Asset ManagementThe Hong Kong Monetary Authority is advancing plans to expand its regulatory oversight to stablecoin issuers within the virtual asset sector. Furthermore, it is in the process of creating an extensive set of regul

1. Market TrendFrom Nov. 3 to Nov. 5, the BTC price swung from $34,120.00 to $35,380.99, with a volatility of 3.69%. The prior market analysis notes consistent fluctuations around $34,000 in BTC’s price since October 29 without presenting the second type of fluctuation pattern (a deep retracement fo