Solana (SOL) Struggles As Single-digit Price Knocks; Will Bulls Buy Below $10?

 SOL’s price lost its demand zone of $20 as the price struggled to hold above $10.   SOL’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  SOL’s price looks weak as the price struggles to hold above $10, with the possibility of reclaiming the daily and weekly 50 and 200 Exponential Moving Averages (EMA) remaining bleak. The price action displayed by Solana (SOL) has continued to look like a fairytale, with many traders and investors disheartened, following the collapse of…

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Bitcoin Price Trend Overwhelmingly Negative, Bears Target $13K

Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $16,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of more losses towards the $15,000 level or even $14,000. Bitcoin Price Revisit $15,500 Bitcoin…

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Uniswap’s new privacy policy sees backlash from decentralization buffs

Decentralized exchange (DEX) Uniswap’s recently updated privacy policy appears to have attracted the ire of some members of the community, with concerns that collecting and storing user data works against crypto’s core values.  In recent responses to a November blog post regarding its updated privacy policy, some vocal members of the community suggested it i uncharacteristic for a decentralized entity to collect and store information about its users. In the Nov. 11 post from Uniswap Labs, released around the time of FTX’s collapse, the decentralized exchange released its privacy policy to…

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Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool of speculation and greater fools.” Minneapolis Fed President Neel Kashkari on Crypto and FTX Collapse Federal Reserve Bank of Minneapolis President Neel Kashkari shared his view on the collapse of cryptocurrency exchange FTX Friday. “This isn’t [a] case of one fraudulent company in a serious industry,” he tweeted, elaborating:…

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