Binance Denies Police Raid Rumors – November 22

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,124

Bitcoin has free-fallen 6% over the last 24 hours, completing a full-retrace of October’s bullish price action.

Top-20 altcoins are also witnessing a bloodbath, with XRP down 4%, Ethereum down 7%, and Bitcoin Cash down over 8%.

Top Stories for November 22, 2019 🔥

👉 Binance Denies Police Raid Rumors

Binance has denied recent reports stating that the Exchange’s Shangahi offices had been raided and shut down.

A spokesperson for Binance refuted all reports of such an incident, even going as far as saying there were no fixed offices located in the city.

Binance also stated that their exchange was a target of Chinese media, blaming them for a recent increase in negative headlines surrounding them.

👉 Yahoo Finance Partners With CoinMarketCap

Yahoo Finance has teamed-up with CoinMarketCap, in an effort to provide crypto price data and news to a wider audience.

Having over 3.5 billion visitors per month, Yahoo Finance may significantly boost exposure to Bitcoin and the greater cryptocurrency market.

👉 Bitcoin Mining Indicator Points to Miner Capitulation

A cryptocurrency indicator called “Hash Ribbons” is performing a bearish crossover, showing negative signal for the health of Bitcoin’s hashrate.

Analysts predict that this indicates a capitulation of smaller Bitcoin miners, who can no longer stay profitable at current prices.