Weekly Newsletter of November 6, 2022

Here are the highlights of the last 24 hours – Edition no. 210

The Top 5 Cryptos Today:

📌Bitcoin (BTC) | $15,826 🔽

📌Ethereum (ETH) | $1,106 🔽

📌Binance Coin (BNB) | $265 🔽

📌XRP (XRP) | $0.32 🔽

📌Cardano (ADA) | $0.31 🔽

📉Bitcoin hits new critical support! Over the past 24 hours, the price of BTC has crashed all the way to 15,600 at its lowest on Binance, getting closer to October 2020 values! The $15,000 area represents vital support for the cryptocurrency that could allow it to correct higher after suffering nearly a 25% drop in the space of a few days. If this floor were to give way, the level of 14,000 dollars could allow a slowing of the decline, but it is the 12,000 dollars which would represent the most solid support.

💸A historic $3.3 billion seizure! After 10 years of research, 50,676 bitcoins have been recovered, in connection with an old case of fraud on the Silk Road platform. This represents the second largest bitcoin seizure in history.

⌚️Rolex takes the plunge. The luxury watch giant has filed trademark applications regarding cryptocurrencies, the metaverse and NFTs.

🗞Why is Core Scientific on the verge of bankruptcy? Core Scientific will soon go bankrupt if bitcoin does not quickly regain altitude. Or will it be bought by a competitor like Marathon?

💰Sales watches on mining machines. The most efficient bitcoin mining machines are selling for 77% less than last year.

⚖️The SEC wins its battle against the “Blockchain YouTube”. In the case between the LBRY team and the SEC, a New Hampshire court judge ruled in favor of the US regulator.

Have a nice day and see you soon for more crypto news!

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