Weekly Newsletter of November 6, 2022

Here are the highlights of the last 24 hours โ€“ Edition no. 212

The Top 5 Cryptos Today:

๐Ÿ“ŒBitcoin (BTC) | $16,877 ๐Ÿ”ฝ

๐Ÿ“ŒEthereum (ETH) | $1,273 ๐Ÿ”ฝ

๐Ÿ“ŒBinance Coin (BNB) | $287 ๐Ÿ”ฝ

๐Ÿ“ŒXRP (XRP) | $0.37 ๐Ÿ”ฝ

๐Ÿ“ŒCardano (ADA) | $0.35 ๐Ÿ”ฝ

๐Ÿ“ˆ Masterful rebound on the 15,000 dollars! Over the past 24 hours, after an initial test of resistance at $18,200, the price of BTC fell back to $16,361 at the low of the day before stabilizing around the $17,000 level. If the cryptocurrency manages to hold at this level, a second test of the resistance could take place, otherwise, a test of the support of the $15,000 zone is to be expected in the event of a further drop.

๐Ÿ’ฅFTX bankrupt, CEO resigns. After several days of drama, today is the end clap for the crypto exchange. Despite several unsuccessful attempts to put things right, CEO Sam Bankman-Fried eventually resigned and the company filed for bankruptcy.

๐Ÿ‡บ๐Ÿ‡ธA regulator investigation into FTX was ongoing. The American regulators were already on the spot! According to Bloomberg, the SEC and the CFTC have been investigating the underside of Sam Bankman-Fried’s empire for several months already.

๐Ÿ’ฐ Soon a publication of proof of reserves for Crypto.com? Suddenly realizing the importance of transparency after the FTX disaster, the exchange Crypto.com pledged to publish a proof of reserves audit.

๐Ÿ—žNew penalties for Tornado Cash. Previously blacklisted by the US Treasury Department, the famous crypto mixer is now the subject of new sanctions following allegations of support for the North Korean regime.

๐Ÿ’ฌ A senator reacts to the FTX case. For Cynthia Lummis, recent events are proof that regulation is urgently needed to frame the crypto market.

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

Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of newsletter daily and weekly so you don’t miss any of the essential Tremplin.io!

Similar Posts