Is excessive bullish optimism behind Bitcoin’s drop below $60K?

Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led to a 53% monthly rally to an all-time high at $67,000.

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Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch

Wall Street opened its doors for the first Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin Strategy (BITO) on the New York Stock Exchange.

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Nifty News: Playboy unveils 11,953 bunny avatars, Martha Stewart cooks up NFTs…

Playboy to release tokenized bunnies into the wild
PLBY Group, Inc, the owners of the raunchy lifestyle magazine Playboy unveiled a new NFT project consisting of 11,953 unique 3D animated bunny avatars.
According to an Oct.

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Senators pressure Facebook to ‘immediately discontinue’ Novi wallet pilot

Five Senators have called for the immediate closure of Facebook’s new crypto wallet just hours after it was launched in partnership with Coinbase.
Crypto skeptic Senator Elizabeth Warren was one of the five urging Facebook CEO Mark Zuckerberg to “immediately discontinue” the project.

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Facebook Launches Novi Wallet With Paxos Stablecoin

Key Takeaways

Facebook has launched its Novi wallet to limited audiences in the U.S. and Guatemalan markets.
The Novi wallet will support Paxos’ USDP stablecoin initially rather than its own native Diem currency.
This is the first time Novi has been available to the public.

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Facebook Turns to Coinbase, Paxos for Novi Crypto Wallet – Decrypt

Today, Coinbase announced that it will provide crypto custody services for the pilot program of Novi, Facebook’s new digital wallet subsidiary. 
The pilot already went live in the U.S. and Guatemala. You can find it on the Google Play and Apple App stores.

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