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Bitcoin cost still due $12K dip, says investor as ETF guru backs GBTC

BTC cost bear market lower targets remain to move in below$14,000 despite Bitcoin recoiling over$16,000.

< img src= "https://s3.cointelegraph.com/uploads/2022-11/1d191f6f-b922-46f4-8910-ccb111950694.png"/ > BTC/USD 1-hour candle light chart(Bitstamp).” Htf: lower lows as well as lower highs after damaging a month-to-month redistribution array. Below June’s low as well as at supply zone. BTC/USD annotated graph. GBTC costs vs. asset holdings vs. BTC/USD graph.

United States Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Strategies Pointing out FTX Collapse, ‘Major Issues’ in Crypto Sector

< img size="768"height =" 432 "src ="https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-768x432.jpg"course ="attachment-medium_large size-medium_large wp-post-image"alt ="United States Senators Urge Fidelity to Stop Offering Bitcoin in 401(k)Plans Citing FTX Collapse, ' Major Troubles ' in Crypto Market" decoding="async"style ="float: left; margin:0 15px 15px 0;"srcset ="https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-300x169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-1024x576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-768x432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-190x107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-380x214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity-760x428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/elizabeth-warren-ftx-fidelity.jpg 1280w "sizes ="( max-width: 768px) 100vw, 768px"/ > A number of U.S. legislators have actually contacted Integrity Investments to reconsider enabling bitcoin in 401 (k) retirement plans.”The current implosion of FTX, a cryptocurrency exchange, has actually made it perfectly clear the digital asset sector has major troubles,” the legislators told Integrity CEO Abigail Johnson. US Senators Want Integrity to Stop Offering Bitcoin in Retirement Program Three […]

Crypto Twitter reacts to Binance CEO’s removed tweet about Coinbase’s Bitcoin Holdings

< img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvMjZmYTA3YzctZWIxNC00N2U2LTkwN2QtYTY0NjE0OGI4N2RkLmpwZw==.jpg"> Coinbase chief executive officer Brian Armstrong indirectly attended to CZ’s tweets as” FUD.”

CZ erased his tweet quickly later, specifying:”Brian Armstrong simply told me the numbers in the posts are incorrect. To wrap up, FTX’S liquidation crisis, which led to an overall spiral in the market over the past two weeks, is thought by several to have been

initially triggered by caused Binance CEO after chief executive officer tweets caused panic triggered an as well as run financial institution FTX.Will Clemente, co-founder of digital asset research firm Reflexivity Company, study on Twitter;”That latest tweet Most recent made about Coinbase’s Bitcoin holdings that he just deleted simply removed great lookWonderful”That newest tweet CZ made regarding Coinbase’s Bitcoin holdings that he simply deleted had not been a terrific look. Mario Nawfal, Owner & CEO of IBCgroup.io, shared on Twitter:”Is CZ suggesting Coinbase custody does NOT hold 1 to 1 BTC on behalf of Grayscale Trust ???? See his most recent tweet. Investor and investor @BobLoukas called out CZ for his absence of due diligence before tweeting.

Peter Schiff Says Bitcoin Still Has a Lengthy Means to Fall– Worths BTC at $10K

< img size="768"height="432"src="https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-768x432.jpg"class="attachment-medium_large size-medium_large wp-post-image"alt="Gold Insect Peter Schiff States Bitcoin Still Has a Long Way to Autumn-- Worths BTC at$10K" decoding="async" design="float: left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-300x169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-1024x576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-768x432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-190x107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-380x214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k-760x428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/schiff-bitcoin-10k.jpg 1280w" sizes =" (max-width: 768px) 100vw, 768px"/ > Economic expert as well as gold insect Peter Schiff states bitcoin still has a long means to fall after the collapse of crypto exchange FTX. He also believes that $10K is the genuine rate of bitcoin, alerting that && #x 201C; The lion & #x 2019; s share of the marketing has not also began yet.&& #x 201D; Schiff Predicts & #x 2018; Bitcoin Still Has a Lengthy Means to […]

New Chief Executive Officer Claims FTX Is the most awful Situation of Business Failure With Untrustworthy Financial Data and Inappropriate Practices

< img width="768" elevation="432" src="https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-768x432.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="New CEO Blasts FTX for 'Full Failing' of Corporate Controls, Untrustworthy Financial Info, Unacceptable Management Practices" decoding="async" design="float: left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-300x169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-1024x576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-768x432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-190x107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-380x214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1-760x428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2022/11/ftx-utter-failure1.jpg 1280w" dimensions =" (max-width: 768px) 100vw, 768px"/ > The brand-new CEO of FTX, selected after the crypto exchange filed for insolvency, has blasted the firm under former CEO Sam Bankman-Fried. “Never ever in my career have I seen such a total failure of corporate controls and also such a complete lack of trustworthy monetary details as taken place right here,” he said in a court declaring. ‘ Full […]

FTX insolvency freezes millions worth of crypto business funds

< img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvMWVmYjg3MzMtMTA0Zi00Y2QwLWI0YzUtZjM3NjY3NzFkN2MwLmpwZw==.jpg "> Galois Capital, New Huo Modern Technology, and also Nestcoin are just several of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the USA.

CrossTower modifies new deal for Voyager’s properties after FTX’s insolvency

Voyager reopened its bidding process after FTX United States, the initial victor, filed for personal bankruptcy on Nov. 11.

In September, FTX United States secured the winning quote for the properties for roughly $1.4 billion, according to Voyager.”Voyager likewise claimed that it did not move any kind of possessions to FTX in connection with the sale contract.