Top Trending Crypto News Today
Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009
A curious member of the bitcointalk.org forum recently sought to identify Bitcoin miners from the early days. Answering the question 'Who has/had the oldest mined Bitcoin?' an anonymous member shared a signature dating back to January 2009, just a week after Bitcoin came into existence.
Former FTX US President Is Seeking Funds for Crypto Startup: Report
The Former FTX US President, Brett Harrison, is trying to raise $6 million for a new cryptocurrency startup, which aims to build crypto trading software for large investors, at $60 million, according to The Information report.
Elon Musk Claims that SBF Donated More than $1 Billion to Democrats
The crypto community and entrepreneurs were unconvinced by the mainstream media's attempts to downplay the frauds carried out by FTX CEO Sam Bankman-Fried (SBF). Instead, Elon Musk, CEO of Tesla, fought to make Twitter "the most accurate source of information," which came into conflict with the disinformation campaign.
Daily Crypto Market Analysis - Growing and Forecast
In the last 24 hours, the long liquidations were 6.64M USDT and the short liquidations were 17.92M USDT, leaving a 11.28M USDT worth of net liquidation in short. Recently, the net liquidation has been falling below 20M USDT, a relatively low number, showing that the market transaction is less than before and investors are holding a conservative view towards the future.
The Fear & Greed index fell further to 26, still below 30. The collapse of FTX cast a shadow over all traders. The index has been under 30 for most of the time over the last month. The confidence for the market is yet to be restored.
Today’s Bitcoin Ahr999 is 0.32, below the bottom line 0.45 and the DCA line 1.2. The number suggests that the bear market will continue to last for a long time.
The three major US indexes experienced ups and downs yesterday. The DJI was the strongest, up by 0.10%, S&P 500 was down by 0.12%. And the NASDAQ was the weakest, down by 0.18%. Meanwhile, the two mainstream cryptos witnessed growth, with BTC up by 0.93% and ETH, 2.18%.
According to the latest statistics form the Department of Labor, 263 thousand people were added to the non-farm industries in November, higher than the 200 thousand expected by the market. The average hourly payment increased to 0.6% from 0.5% in October, far higher than the expected 0.3%. The unemployment rate last month stayed at 3.7%, the lowest in the last 50 years, in line with the market expectation.
Charles Evans, the president of Federal Reserve Bank of Chicago, said on Friday that he believed the Fed may slow the rise of the interest rate, but the rate itself might ended up higher.
Thomas Barkin, the president of Federal Reserve Bank of Richmond, said that the continuous short of labor in US made it harder to recover the balance of demand.
According to the FedWatch of CME, the futures traders of Fed funds rate estimated that the possibility of the rate rising by 0.5% in December fell down to 79%, the former number is 86%.
All mainstream cryptos saw growth yesterday, ranging from 0.28% to 3.86%. Thanks to the previous significant downfall, SOL rebounded by 3.86%, while ADA growth is relatively weak, about 0.28%. BTC grow by 0.93% and ETH, 2.18%.
In the 4-hour timeline, it has been a week since BTC price last reached 17000. This time, it’s able to break through 17000 after multiple attempts. 17350 is also a possible target. If there’s adequate fund to be invested in, 18000 could be the next goal.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment tips or FAMEEX's official position.