#Fidelity gives this digital currency a new impetus...the seventh company to request the creation of an Ethereum #ETF

_US investment management company Fidelity Investments has applied to list its #Ethereum (ETF) product with the Securities and Exchange Commission (SEC). With this introduction, Fidelity Investments now ranks as the seventh asset manager to make a product move in the United States. Other asset managers who have applied to list include Ethereum ETFs. After VanEck, Ark Invest, 21Shares, Hashdex, Nasdaq, Grayscale, Invesco #NYSE:IVZ , Galaxy Digital, and BlackRock, respectively. Ethereum Fund for Fidelity on Form 19b-4 filed with the Securities and Exchange Commission .

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#Bitcoin is moving upwards and is close to breaking an important level...more than 5% gains in hours.

_The price of #Bitcoin is close to reaching the level of $38,000, which it has not reached since May 2022, while it continues to rise thanks to expectations of new demand for the #digital.currency by stock exchange funds. Bitcoin witnessed an increase of about 5% during the past 24 hours, as its price exceeded the level of $37,000. The famous digital currency recorded an increase of 125% since the beginning of this year, after declining during 2022. While other digital currencies such as #Ethereum ”, which is classified as the second largest digital currency, also rose.

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#Cryptocurrency sees price collapse with OpenAI CEO sacked.

_#OpenAI's board of directors surprisingly announced leadership changes on Friday that included the immediate firing of Sam Altman . Co-founder and CEO of the company, from his position. The news had a significant impact on #WLD's price movements, with the asset falling from $2.5 to below $2 in hours. The company's chief technology officer — Mira Moratti — will take over Altman's position as interim CEO "with immediate effect," the board's blog post said as of Friday. “As a member of the OpenAI leadership team for five years. Mira has played a critical role in #OpenAI's evolution into a global leader in AI. She has a unique skill set. She understands the company's values, processes and business, and truly leads the company's research, product and safety functions.

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A new stimulus awaiting #Bitcoin today will push it upward...it faces a difficult resistance point.

_After a significant five-week period of momentum that saw its price rise by almost 40%, #Bitcoin has stalled over the past few days around the $37,000 area. As enthusiasm around the potential approval of Bitcoin exchange-traded funds has run out, speculators are now eyeing Tuesday's US CPI data as a new catalyst. #Economists expect the monthly headline CPI in October to slow to 0.1% from 0.4% in September. The CPI is expected to decline year-on-year to 3.3% from 3.7%. The #core.CPI , which excludes food and energy costs, is expected to remain flat as of September at 0.3% monthly and 4.1% annualized.

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#Bitcoin is heading towards $60,000.

_A prominent #cryptocurrency analyst, known as #Donalt , has predicted a significant rise in the value of Bitcoin, potentially reaching $60,000 in the near term. Although Bitcoin fell slightly today to $36,410, the analyst, who boasts a social media following of more than half a million, suggests that current market conditions could lead to a “hypersonic” rally. The expected approval of the #Bitcoin Spot Investment Fund has been highlighted as a key driver of this expected increase. Donalt points out that such regulatory developments have historically been powerful bullish catalysts. He says delays in the investment fund approval process may lead to increased price gains due to limited selling pressure in the market.

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$BTC $ETH $SOL

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Disclaimer:
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#Ripple fell 12% in bearish trading amid strong selling.

_#Ripple was trading in the $ pair at a price of 0.62437 at 23:07 (20:07 GMT) on the #Investing.com.Index platform during Tuesday, declining 12.34% on the daily level. To record the highest decline rate since. The downward movement also pushed #Ripple's market value to drop to $33.37650B, or 2.47% of the total market value of the virtual currency market. The highest market value for Ripple was $83.44071B.

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A strong wave of selling hits the digital #currency.market despite positive news.

_#Cryptocurrency markets suffered their worst losses in weeks during the last few hours of trading on Tuesday, despite the welcome US inflation data for October, as the market appears to be witnessing a wave of selling after the notable rises it witnessed recently. Bitcoin briefly fell to a low of $34,970 from around $36,600 after the October CPI came in flat versus expectations for a slight rise. #Ethereum lost the $2,000 level it had previously regained last week for the first time since July on hopes of creating a #BlackRock's exchange-traded fund.

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#Expectations that daily transactions for this digital #currency will explode to this unprecedented number.

_At the recent #Singapore FinTech Festival, Omar Farooq, global head of financial institution payments at JP Morgan, provided insight into the future of JPM Coin, the bank's blockchain-based payment system. In his statements, Farouk expected a significant increase in the daily transaction volume of GBM Coin, expecting it to rise from its current value of $1 billion to $10 billion within one to two years. JPM Coin is a prominent direct #blockchain application among leading banks and is designed to help wholesale clients conduct transactions in dollars and euros through a private blockchain network. While blockchain technology is celebrated for enabling instant and cost-effective payments, its current use within JPMorgan represents only a small portion of the bank's total daily US dollar transactions, which amount to US$10 trillion.

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#Dogecoin eyes $0.0850 amid bullish signals and whale activity.

_#Dogecoin (DOGE) is showing signs of a potential uptrend as it attempts to break the resistance level at $0.0786 with aspirations to reach a target of $0.0850. The popular #cryptocurrency meem has seen a notable recovery after it reached the support level at $0.0722 between November 12 and November 14, after a three-day decline. Technical indicators such as the bullish Relative Strength Index and the positive Great Oscillator have indicated this rebound. For #DOGE to establish a confirmed uptrend, it needs to secure a close above the $0.0786 resistance mark. Achieving this will turn the $0.0767 to $0.0803 supply zone into an upward break above $0.0815, paving the way for the coin to achieve its $0.0850 target and possibly further gains.

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#Urgen t: Resistance disrupts the #Bitcoin rally and 4 digital currencies achieve major victories.

_The cryptocurrency market is experiencing momentum, with Bitcoin trying to overcome the resistance level at $38,000, while a group of alternative currencies are showing signs of strength. Investors are closely monitoring the potential impact of the expected approval by the US Securities and Exchange Commission #SEC of the Bitcoin Spot #ETF , which could be an important market catalyst. Bitcoin recently outperformed Ethereum in network operations for the first time in three years, however, Bitcoin price remains confined within a narrow trading range between $36.8K and $35.9K. Market watchers point out that if Bitcoin is unable to maintain the bullish momentum, it may test the support area around $34K.

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Digital currency rose 400% ✅🚀💯

_#San.FranciscoBlock , formerly known as Square, says there has been a significant 400% increase in the price of #Bitcoin since it first allowed Bitcoin transactions on its Cash app in 2017. This growth has not only been a boon for the company but has It also turned its CEO, Jack Dorsey, into a leading Bitcoin proponent. Today, Block is well-established and immersed in the #cryptocurrency space with several Bitcoin-related projects underway. Six years ago, on November 14, 2017, amid the controversial war on blockchains that had roiled the cryptocurrency community, Block began an experiment that enabled users to make Bitcoin transactions via its Square #Cash.app . This step was an important pivot to its core business of facilitating money transfers and marked the beginning of its journey into the world of digital currencies.

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The main trend direction is up #BitcoinETFLaunch 100% will be approved! because the U.S. wants Bitcoin to be held by companies under their control. Institutional investors are continuing to show interest. New users are starting to arrive, and this influx is expected to accelerate. #FTX is making a comeback, while LUNC $LUNC is involved in new initiatives. Solana $SOL is proving its worth, and projects like Bonk $bonk are soaring. Kaspa $KAS is targeting $1, and XRP $XRP appears ideal for institutional purchases.
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Date - 11/19/2023
Strike Price - 1.0232
Take Profit 1 - 1.0281
Take Profit 2 1.0348
Take Profit 3 1.0525
Stop Loss - 1.0053
Trade Type - Buy
Pair - ARBUSDT

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Urgent: A major #DigitalCurrencyInsights achieves skyrocketing heights in a few hours.. What happens?

_#Solana's digital currency appears to be defying the decline that struck the two largest digital currencies, #Bitcoin and #Ethereum , as it jumped by nearly 20% over the past 24 hours. Solana occupies sixth place on the list of the largest digital currencies in terms of market capitalization, as the digital asset rose by more than 45% in the past seven days and by a huge rate of 160% on a monthly basis, while it jumped by 525% since the beginning of the year, and rose by 2658% in For the past three years, the price is currently around $62.

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