BitDigest November 17 · Issue #786
- Crypt prices jump as bitcoin nears $17,000
- Crypto trades optimistic with announcement of SEC Clayton’s departure
- FinCEN is looking to lower the Travel Rule to $250 to respond to new efforts by criminal organizations
Crypto Fear and Greed Index
The Fear & Greed Index for bitcoin and other large cryptocurrencies has remained in “extreme greed” levels this week unable to break the recent 90 highs and dropping four points to 86 as the market fears bitcoin’s recent run-up could be signaling the need for a short-term correction.
The Headlines
SEC Chairman Jay Clayton to Step Down
FinCEN Looking to Reduce Travel Rule Limit
CCB Delays $3 Billion Bond Offering
Galaxy Opening Public Bitcoin Vehicle in Canada
SkyBridge Plans to Consider Crypto Investments
Anchorage Looking to Gain Banking Charter
Market Data
Bitcoin Hashrate Jumps 12% Over 24-Hours
Grayscale Holding 500,000 Bitcoin
Thoughts on the Ecosystem
Japanese CBDC Will Take Several Years
Roubini Moving Argument from Bitcoin to DeFi and Blockchain
Reports you may have missed
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Tether Outlines New Organizational Structure, Aptos Partners with Microsoft, Brevan Howard, and SK Telecom
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Equities and crypto assets are selling off in tandem today as inflation and geopolitical fears have spooked risk assets. The SPY and QQQ have decreased by 0.46% and 0.92%, respectively, while crypto is selling off more aggressively. $BTC (-5.49%) has tested the high $59,000s and $ETH (-4.42%) is trading below $3,000. Among a sea of red, $SUI is showing relative strength, gaining 6.44% on the back of a partnership announcement with...
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