These are the keys for this Thursday, November 24

Editorial November 24
Víctor de Castro

Optimism runs high

Bitcoin made an upward movement these last two days that left behind the $15,000 area. Its rose sits at around $16,500. Now, the objective is to hold that zone and break the next resistance. For its part, Solana seeks to continue its recovery, after having been one of the most affected by the fall of the FTX cryptocurrency exchange. Its price currently stands at $14.26.

The minutes of the FED 

The minutes of the last meeting of the FED were published yesterday, where we can see the possibility of interest rates increasing again in December, but this time by 50 basis points. It seems that the signs of an economic slowdown are forcing the FED to slow down the rate of increases, with four consecutive 75 basis points. Today it is the turn of the European Central Bank's minutes, with Vice President Luis de Guindos speaking at a press conference. In addition, in Germany, we have the IFO Business Confidence Index. Wall Street closes for Thanksgiving after closing positive yesterday.

Many open fronts in the crypto sector 

The cryptographic ecosystem finds itself in a frenzy. OKX has been the last to show its reserve proofs. A battle has broken out between Coinbase and Binance over CZ's statements. Officials seek to hold FTX executives accountable, as Sam Bankman-Fried will speak during the New York Times Dealbook Summit. The Genesis problems persist, with fears that new victims will begin popping up. All this and more here, at Mundo Crypto News.


Swyftx slashes workforce

The exchange commences an internal reorganization process after stating that it has “no exposure to FTX”, but it is not immune to the ensuing market crash.

Exchanges & Wallets