BCH Price Outperforms Bitcoin And Teases A 30% Jump!

With a YTD growth of 145%, Bitcoin Cash price outperforms the 120% YTD growth in Bitcoin. However, despite the recent increase in BTC price with the window of Bitcoin Spot ETF getting shorter, the BCH price struggles to regain momentum.

Timeline of Bitcoin-cash, Bitcoin

Ethereum prices are firm at spot rates, still trading above the $2,000 level, and multiple other factors point to possible trend continuation. According to Kaiko's data on November 12, not only is the ETH-BTC ratio shifting and reversing after extended periods of lower lows, but also there is a notable uptick in trading volume with funding rates in crypto derivative platforms shifting from negative to positive, suggesting increasing demand.

Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions in its Chivo ATM network; and Trubit raises $6.

Amid warnings of an unfolding widespread financial crisis, Robert Kiyosaki, a renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,' has advised buying more gold, silver, and Bitcoin (BTC), arguing that world leaders want war and poverty.

Robert Kiyosaki, famous expert in the sphere of finance and author of the classic book on managing personal finances “Rich Dad, Poor Dad”, has taken to the X social media network to make a crucial warning to the millions of his followers.

CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

The crypto prices today were in the green on Friday, November 10, despite Fed Chair Jerome Powell's warning of raising the interest rate further to tame inflation. Meanwhile, it seems that the market has shrugged off concerns over a potential rate hike by the U.S. Central Bank to bring down the inflation to their 2%

Major cryptocurrencies were seen trading mixed on Thursday evening with Ethereum (ETH) stealing the spotlight from Bitcoin (BTC) in terms of gains as BlackRock Inc's filing for a spot Ether ETF garnered investor attention. Ethereum was trading significantly above the $2,000 mark at $2,110.40 at the time of publishing — for the day it rose nearly 11% outpacing Bitcoin's 2.1% gains in the period.

As Bitcoin's value surges to an 18-month high of $37,000, marking a stellar year-to-date climb of over 100%, top Bitcoin miners have made a striking move. Significantly, they sold 5,492 Bitcoin, cashing out around $164 million.

Kaspa (KAS), a proof-of-work cryptocurrency employing the GHOSTDAG protocol, has experienced a notable surge in market activity and investor interest over the past few months. The token's recent listing on Coinone, one of South Korea's leading cryptocurrency exchanges, has significantly propelled Kaspa into the top 33 cryptocurrencies based on market capitalization.

A widely followed crypto analyst thinks Bitcoin (BTC) could reach $50,000 sometime before April 2024. Crypto trader Michaël van de Poppe tells his 671,300 followers on the social media platform X that he expects the king crypto to make a major move up pre-halving before correcting back to current levels.