Cointelegraph.com News

• Bitcoin faces this final resistance zone before $20K all-time high
  Bitcoin is nearing its all-time high but there is one remaining resistance area that buyers must push through. Bitcoin (BTC) traders are pinpointing the order books of major exchanges that show the $19,500 level is a near-term resistance level. Bitcoin rejects $19,500 for nowOn Nov. 25, Bitcoin price was rejected at $19,500 with a relatively […]
• ‘BitcoinTuesday’ to become one of the largest-ever crypto donation events
  BitcoinTuesday is aligning crypto awareness with public good in this one-day charity event. BitcoinTuesday, scheduled for Dec. 1, aims to become one of the largest cryptocurrency fundraisers in history. The Giving Block, a crypto donations company, has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead BitcoinTuesday — a one-day event that promotes […]
• US intelligence is looking at Chinese CBDC as a national security threat
  The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. The United States national security apparatus is warning other agencies about China’s upcoming digital currency. On Wednesday, news outlet the Washington Examiner reported on a letter that National Intelligence Director John Ratcliffe had sent […]
• Colombian Stock Exchange to use blockchain for OTC derivatives trading
  The use of blockchain technology in Latin American stock markets is expanding. The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry.As Cointelegraph Español reported on Nov. 18, Consorcio Colibrí was formed by major financial institutions such as Bancolombia, BBVA, […]
• RSK-based DeFi protocol launches innovative decentralized exchange concept
  Money on Chain is taking cues from gold market pricing for its DEX. DeFi protocol Money on Chain, a lending platform and stablecoin issuer based on Bitcoin (BTC) sidechain RSK, announced Wednesday the launch of TEX, an automated token swap platform based on an order book — with a unique twist.Instead of being available instantaneously, […]
• VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra
  After failing to get approval from the SEC in 2019, the investment management firm finally gets a Bitcoin ETP to market. After spending much of 2019 unsuccessfully lobbying to get its exchange-traded fund, or ETF, approved by the United States Securities and Exchange Commission, investment management fund VanEck has finally launched a Bitcoin-backed exchange-traded product.However, […]
• 2 counterarguments for CNBC’s Brian Kelly who sees a $19K Bitcoin top
  CNBC “Fast Money” host Brian Kelly names three factors that could potentially cause a Bitcoin pullback to occur. CNBC Fast Money trader Brian Kelly sees three potential signs of a price top as Bitcoin (BTC) hits $19,000. Both fundamental and technical factors suggest a pullback could be imminent as the rally becomes overextended.BTC/USDT 1-hour chart […]