Focus on Exchange Genesis as Bitcoin and Ethereum Plunge

The crypto market continues its downward journey, and experts believe enthusiasts should watch cryptocurrency exchange Genesis, which might be seeking additional funding. Bitcoin and Ethereum extend their downside trip, with market participants worried that more cryptocurrency exchanges might follow FTX’s steps. The leading digital coin, Bitcoin, lost approximately 6.6% in the last 24 hours to…

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Bitcoin (BTC) Grinds Lower; Why Bears Could Push for More

Bitcoin extended its bearish track, losing $16.5K & $16.4K. Downward tendencies pushed prices beneath $16.5K and the 100-hourly Simple Moving Average. The 1-hour chart confirms a forming bearish boundary with $16,390 resistance. A move past the hurdle of $16.5K would translate to a decent uptick. The world’s leading crypto sees gradual dips toward $15.5K. Bitcoin…

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ApeCoin (APE): Evaluating Whether This Reversal Has Any Opportunities for Investors

Escalated selling pressure over the past few days saw APE witnessing a patterned bearish break. The crypto saw slight improvements in MVRV and network growth. ApeCoin had its downward snowballing after the alternative token touched its all-time high zone in April 2022. That saw the alt denying buyers an opportunity to welcome trend-shifting rallies for…

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Contagion Fears Following FTX Collapse Plunge Cryptos into 7-day Loss – November 14

The sudden collapse of FTX cast doubt among exchange users over their fund’s security held in custodial wallets. The revelation by Bahamas authorities of FTX Group filing for bankruptcy last week caused a widespread shockwave across the virtual assets market. The aftershocks of the sudden implosion of a key player in the global crypto assets…

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Ripple (XRP) Price Analysis – Bearish Pressure Pushes Price Beneath $0.3551

XRP price outlook is bearish. The next resistance stands at $0.3551. XRP/USD has support at $0.324. Ripple price exhibited losses as the remittance token plummeted toward $0.3496 today. The downward trend remained constant within the past two days, and the price followed a downside trend. Meanwhile, the trend reversals were somewhat unanticipated as bulls led…

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Chainlink (LINK) Drops Value to $6.1 – Price Analysis

Chainlink price paints a bearish picture. LINK’s massive resistance stance at $8.9 The alt has reliable support at $%.9 Chainlink price outlook shows the alternative token exploring bearish tendencies on 13 November 2022. Crypto suffered a massive downside amidst the ongoing turmoil in the cryptocurrency market. LINK’s price remained negative within the last few hours….

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Chiliz (CHZ): Why Holders Can Still Smile After Incurred Losses

Chiliz highlighted that its new PoSA (Proof-of-Staked-Authority) chain was in the testnet phase. The latest market correction saw CHZ price rallying, putting most holders in profit. The leading entertainment and sports fan token platform, Chiliz, revealed two crucial upgrades on its ecosystem in the upcoming weeks. Moreover, it showed the announcement on November 9. The…

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Litecoin’s (LTC) Bullish Wave Overcomes $62.64 Obstacle – Price Analysis

LTC price analysis shows upside tendencies. LTC/USD support stands near $54.75. The altcoin encounters rejection at around $63.74. The Latest Litecoin price outlook shows LTC explores bullishness today, following positive sentiment within the marketplace. Meanwhile, bulls target new highs as they explore the $62.64 mark. That cleared the path toward the $63.74 record high. The…

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