Weekly Newsletter of November 6, 2022

Here are the highlights of the last 24 hours – Edition no. 213

The Top 5 Cryptos Today:

📌Bitcoin (BTC) | $16,806 🔽

📌Ethereum (ETH) | $1,257 🔽

📌Binance Coin (BNB) | $282 🔽

📌XRP (XRP) | $0.36 🔽

📌Dogecoin (DOGE | $0.09 🔼

📈First signs of a bullish recovery? Over the past 24 hours, the price of BTC has held below the $17,000 threshold and appears to be heading for a second test of the critical $15,000 support. However, bullish technical signals can already be seen on the daily chart. Indeed, the cryptocurrency is currently forming a falling wedge, a bullish type pattern that also coincides with a bullish divergence from the RSI. These various elements suggest the possibility of a trend reversal and an imminent return to 20,000 dollars, provided that the 15,000 dollar zone manages to withstand the shock.

💥FTX victim of a massive hack! No respite for the failed exchange, disasters follow one another. Only hours after filing for bankruptcy and the resignation of its CEO, FTX was the target of a massive hack. It is thus 400 million dollars which would have been transferred out of the exchange during the attack. The website and app would be compromised.

🗞Nexo, next on the list? After FTX, will Nexo be the next Icarus of crypto? This is suggested by the collapse of its NEXO token and its setbacks with American justice.

💬Elon Musk speaks on SBF. The new boss of Twitter took advantage of the news to give his opinion on Sam Bankman-Fried, the ex-CEO of FTX.

🇧🇸FTX assets frozen in the Bahamas! The series of dire news continues for the exchange, Bahamian regulators have announced the freezing of FTX assets.

🇺🇸The White House reacts to the news. The government has stressed the need for careful regulation in light of recent events.

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

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