Newsletter Nov 15, 2023
Bitcoin Dips 4% Despite TradFi Involvement In Recent Price Rally

A crypto analyst believes that the recent dip in BTC's price creates an entry point for altcoins.


Stablecoin Volatility Poses Threat To BlackRock's Bitcoin ETF Holdings, Filing Shows

BlackRock said stablecoins' volatility has "apparently impacted" the value of Bitcoin and given that it is a "relatively new phenomenon," it is "impossible to know all of the risks" they could pose to players in the Bitcoin market.


PayPal Dubs Blockchain 'The New Financial Rail,' Promises 'Innovation In Payments'

PayPal said its stablecoin, PYUSD, is just the "next evolution" toward its goal of continuously providing customers with "trust, confidence and ease."

Bitcoin 5-Week Bullish Streak Wavers As Market Enters Historically Bearish Mid-November

Currently, the market sentiment is "cautiously optimistic" but industry watchers think that SEC's non-decision on spot Bitcoin ETF could stir market boredom.

Solana Plummets After Hitting New ATH As FTX Moves Nearly $14M In SOL

Following the recent transfers, the crypto business now only holds 3,408 SOL worth approximately $179,000 in Cold Storage 2.

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