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Quick Take • BCH trading at $536.10 (up 0.5% in 24h) • Only major crypto to post gains during recent market downturn • Testing resistance near 7-day moving average at $539.57 • Bitcoin correlation weakening as BCH shows relative strength Market Events Driving Bitcoin Cash Price Movement Bitcoin Cash has demonstrated remarkable resilience this week, posting a 2.8% gain on November 26th while serving as the lone bright spot in the CoinDesk 20 Index during a broader cryptocurrency selloff. This outperformance occurred as most major digital assets declined, highlighting BCH’s potential as a defensive play within the crypto ecosystem. The…

Despite low sentiment and falling prices, Bitwise’s André Dragosch says bitcoin is trading as if a recession is imminent, while macro growth expectations are already improving.

Bitcoin may have significant upside from here as its current price appears to be out of step with the forward macroeconomic outlook, according to a crypto researcher.“The last time I saw such an asymmetric risk-reward was during COVID,” Bitwise Europe head of research André Dragosch said in an X post on Friday, referring to March 2020 when global pandemic fears sent Bitcoin’s (BTC) price tumbling from around $8,000 to below $5,000.Dragosch said that while Bitcoin’s current setup mirrors the extreme risk-reward conditions seen during the COVID pandemic, it is also “pricing in the most bearish global growth outlook since 2022,”…

Gala Games has unveiled an exciting new event titled ‘Dusk of the Broken’, inviting adventurers to participate in a challenging hunt. Scheduled to run from November 28th at 19:00 UTC to December 1st at 19:00 UTC, the event takes place in Narrows Landing, where players will pursue elusive creatures in a high-stakes chase. Event Details and Objectives Participants must demonstrate speed and precision to locate and defeat specific non-playable characters (NPCs) such as the Stag, Wisp, and the legendary Golden Bunny. Each of these creatures holds varying point values, with the Golden Bunny offering a substantial 500 points. The task…

Implied volatility indices tied to bitcoin and the S&P 500 have erased the recent spike, offering bullish price signals.

Bitcoin hovered around the $90k mark in Asian trading on Friday, while regional stocks struggled for direction as investors weighed a powerful global rebound against signs that the rally may be running out of steam.The largest cryptocurrency traded in a tight band between about $90,600 and $91,400 after touching roughly $91,800 in the past 24 hours.A global equity gauge was little changed, yet still on track for its best week since June as traders leaned into the idea that the Federal Reserve is finally ready to start cutting interest rates.Market snapshot Bitcoin: $90,868, down 0.2% Ether: $3,001, down 1.6% XRP:…

Amundi, Europe’s largest asset manager, has introduced its first tokenized share class for a euro money market fund.The fund is now offered in a hybrid structure, allowing investors to choose between the traditional version and the new blockchain-based one. The first transaction was recorded on the Ethereum network on Nov. 4.The rollout was developed in collaboration with CACEIS, a European asset-servicing group that provided the tokenization infrastructure, investor wallets, and the digital order system used to process subscriptions and redemptions.According to the companies, tokenizing the fund streamlines order processing, widens access to new investor channels, and enables 24/7 trading. Amundi said…

OpenAI has unveiled a new shopping research feature in its ChatGPT platform, designed to streamline the process of finding and comparing products. The feature aims to assist users by providing personalized recommendations and detailed product comparisons, according to OpenAI.Innovative Shopping ExperienceThe newly launched feature allows users to describe their shopping needs in natural language, transforming product discovery into an interactive conversation. ChatGPT then conducts in-depth research across the internet, drawing from high-quality sources to present a tailored buyer’s guide. This guide is crafted using the user’s past interactions and preferences stored in ChatGPT’s memory.OpenAI’s shopping research caters to a variety…

Technical analysis shows DOGE breaking above resistance with a significant volume surge, indicating bullish momentum.

Quick Take • BCH trading at $540.20 (up 3.6% in 24h) • Technical momentum driving price action amid quiet news cycle • Testing upper Bollinger Band resistance at $557 • Following broader crypto market strength with Bitcoin correlation Market Events Driving Bitcoin Cash Price Movement Trading on technical factors in absence of major catalysts, Bitcoin Cash has gained 3.6% in the past 24 hours as the broader cryptocurrency market maintains positive momentum. No significant news events have emerged in the past week specifically impacting BCH price, leaving technical analysis and overall market sentiment as primary drivers. The BCH price movement…