November 24 BTCUSD BingX Chart Analysis and Today's Headline
BingX’s Bitcoin Chart
Bitcoin is up 1.23% over the last 24 hours and rose to an intraday high of $16,798.00. The Crypto & Fear Index is still in the extreme fear territory, and the relative strength index is below the midpoint, suggesting that the market sentiment is still weak. The liquidity issue of Genesis Trading remains unresolved, but the firm confirmed that it has hired investment bank Moelis & Co to talk with potential investors today. If Genesis Trading solves their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
DBS Completes Fixed Income Trade on Onyx
Singapore-based DBS Bank said it has completed transactions in fixed-income products through Onyx, JPMorgan Chase's blockchain-based fixed-income trading network, becoming the first Asian bank to use the network. BNP Paribas previously joined JP Morgan's blockchain network Onyx for fixed-income trading. Goldman Sachs (GS) has also tapped JPMorgan's network Onyx for repo transactions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Bitcoin is up 1.23% over the last 24 hours and rose to an intraday high of $16,798.00. The Crypto & Fear Index is still in the extreme fear territory, and the relative strength index is below the midpoint, suggesting that the market sentiment is still weak. The liquidity issue of Genesis Trading remains unresolved, but the firm confirmed that it has hired investment bank Moelis & Co to talk with potential investors today. If Genesis Trading solves their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
DBS Completes Fixed Income Trade on Onyx
Singapore-based DBS Bank said it has completed transactions in fixed-income products through Onyx, JPMorgan Chase's blockchain-based fixed-income trading network, becoming the first Asian bank to use the network. BNP Paribas previously joined JP Morgan's blockchain network Onyx for fixed-income trading. Goldman Sachs (GS) has also tapped JPMorgan's network Onyx for repo transactions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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