Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.”

That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000.

Trader: $39,000 is pre-halving BTC price target range floor

Bitcoin faces stiff resistance sliding back to the $40,000 mark; several attempts to crack it have failed in the past week.

As Cointelegraph reported, the area immediately below also holds significance for aggregate market profitability, with $39,000 likely a breakeven point for those who bought in during the 2021 bull market.

Titan of Crypto has also flagged $39,000 as an…

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James Wallis, Ripple’s vice president for central bank digital currencies (CBDC) Engagements, has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions.

Wallis pinpointed key factors behind financial exclusion, which include, low incomes and a lack of existing ties with financial institutions, leading to the absence of a credit history. In regions with financial exclusion, banks are often commercial entities driven by shareholder interests, posing challenges in serving individuals…

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It’s been a year since the demise of the FTX exchange — an event that’s now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.

In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens with deep financial ties to FTX, including Solana (SOL), Serum (SRM), and the exchange’s own token, FTX Token (FTT).

Crypto market capitalization daily price chart. Source: TradingView

But a year later, things have not only improved for BTC, but for most cryptocurrencies impacted by the FTX collapse.

Here are the top-gainers (from the top-30 by market…

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“Shark Tank” investor and O’Leary Ventures Chairman Kevin O’Leary voiced his skepticism about the future of cryptocurrency exchange Binance (BUSD/USD) at the most recent Benzinga Fintech Deal Day & Awards earlier this week. 

O’Leary asserted on Monday, “Binance will be history soon.” 

The statement came amid Binance’s recent announcement to cease local currency deposits in Russia beginning Nov. 15, as detailed on its blog.

Binance didn’t immediately respond to a request for comment to Benzinga.

Also Read: EXCLUSIVE: Kevin O’Leary Says The Watch Market Has Outperformed The S&P 500 For 8 Years Running — Here’s Why He Wears 2 At A Time

SEC’s Allegations and Charges Against…

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Top Stories This Week

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is now serving as interim CEO. According to a blog post, the board of directors engaged in a “deliberative review process,” which resulted in the conclusion that Altman “was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.” Shortly after, OpenAI co-founder and president Greg Brockman revealed his exit from the organization.

BlackRock files S-1 form for spot Ether ETF with…

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The turmoil at OpenAI continues to escalate after its founder Sam Altman was abruptly ousted on Nov. 17, with three senior researchers reportedly quitting the artificial intelligence company.

OpenAI’s board of directors announced Altman’s removal from the CEO position in a blog post, claiming that Altman “was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.” According to the post, chief technology officer Mira Murati is now the interim CEO.

The decision triggered a wave of resignations in the company since then. OpenAI co-founder and president Greg Brockman announced his departure hours later. Senior staff members…

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It’s hard not to celebrate crypto’s well-needed pivot toward all things real-world — that’s where real value is, after all, not in pictures of stones and monkeys. Who would have thought? That said, at times, it’s also hard to hold back a mirthless smirk at what feels like a massive lost opportunity.

You see, it all comes down to what the industry is coming to understand as real-world assets. In most cases, it’s about the traditional financial instruments like stocks, bonds, ETFs or commodities held by a centralized entity that issues tokens representing a fraction of the said asset. There are some more exotic options out there too, such as art pieces or real estate. 

This…

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Yearn.Finance’s governance token (YFI) plummeted over 43% in just five hours on Nov. 18 after rallying almost 170% early in the month, stirring fears about a possible exit scam. 

During the dramatic drop in value, over $300 million was wiped out in market capitalization from November’s gains, according to data from CoinMarketCap. At the time of writing, the YFI token is trading at $9,069 from $14,185 a day before. However, the token is still up 83% over the past 30 days.

The sell-off has triggered another weekend of fear, uncertainty and doubt (FUD) within the crypto community. On X (formerly Twitter), some users claim that 50% of the token supply was held in 10 wallets controlled by…

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