U.Today – U.Today presents the three main news stories of the past day.
CEO gets ’60 Minutes’ interview
In a recent article on Interview questions touched on the topics of cryptocurrency. , the drive for regulatory clarity, and industry collaborative efforts to support pro-innovation candidates through the Fairshake PAC. Concluding the post, the CEO wrote that the interview featuring his appearance would air “soon,” asking his followers to stay tuned for more details. Garlinghouse’s appearance on “60 Minutes” comes at a time when XRP has recently seen a significant price rally, reaching a multi-year high of $1.60; this increase is due to the upcoming SEC leadership change and increased interest in exchange-traded funds (ETFs).
‘Black Friday sale’ kicks off, says Samson Mow, as BTC falls overnight
Samson Mow, a prominent Bitcoin maximalist and CEO of JAN3, reached out to his followers to highlight a current opportunity to buy Bitcoin following a recent price drop. As “Black Friday” approaches on November 29, Mow used the X platform to share his message about a “Bitcoin Black Friday sale” with his community. The flagship crypto saw a significant decline from its recent high of $98,650 to around $92,890. Bitcoin’s price chart showed a series of consecutive red candles, interspersed with occasional green candles as it attempted to recover. At the time of writing, Bitcoin is changing hands at $94,396, up 2.57% in the last 24 hours, according to CoinMarketCap.
(SHIB) Skyrocketing Invalidated: Here’s How
Yesterday, November 26, SHIB saw a notable 13% decline, signaling a loss of momentum after a previous rally that raised investors’ expectations for long-term gains. This correction indicates that whales are becoming less willing to support SHIB at high levels, as evidenced by a sudden drop in buying pressure and a notable decrease in trading volume. SHIB was consolidating in a bearish descending triangle formation, which often suggests the possibility of further price declines, especially as the overall crypto market struggles to maintain bullish momentum. Bitcoin’s recent decline has increased investor concerns, as altcoins like SHIB often follow trends set by major cryptocurrencies. For SHIB to regain its upward momentum, it must sustain above its immediate support level of $0.00002300; if it cannot do so, it could see additional price declines, with $0.00002050 being the next important support level.