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Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
11.11.2021
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
Announcing the Launch of the Lao Crypto and DeFi Product – Welnance Finance
11.11.2021
PRESS RELEASE. Welnance, a DeFi protocol built on Binance Smart Chain, is set to launch the first Lao crypto and decentralized product on the 11th of November, 2021. Welnance is a decentralized financial platform that’s aimed at promoting financial freedom and choices for people around...
Bitfarms expands to US, plans green crypto mining operation in Washington
11.11.2021
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC
Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
11.11.2021
According to the firm, they mine close to 20 BTC per day
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles
11.11.2021
On November 10, the non-fungible token (NFT) marketplace Rarible.com and the Rarible protocol announced an integration with the Flow blockchain. The announcement details that Rarible users can now create, list, and trade Flow-based NFTs on the marketplace. Rarible Partners With Flow Blockchain...
Ukrainian MP ‘Fails to Provide Evidence of Where She Got Her BTC, ETH, ETC Stash'
11.11.2021
Ukraine’s corruption watchdog has unearthed what it believes is evidence of possible irregularities on an MP’s crypto declaration – and her cache of bitcoin (BTC), ethereum (ETH), and ethereum classic (ETC).
As previously reported, Ukrainian anti-corruption laws oblige all MPs to file declarations...
China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days
11.11.2021
In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts,...
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
11.11.2021
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between...
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...
Crypto Dilemma in Indonesia, 'Bitcoin Yield' In Miami, Disney's Metaverse + More News
11.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto Dilemma in Indonesia, 'Bitcoin Yield' In Miami, Disney's Metaverse + More News
Russian Duma creates working group to tackle crypto mining regulations
11.11.2021
Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes
MetaWars Launches Strong, Now Looking to the Future
11.11.2021
PRESS RELEASE. MetaWars, a space-themed play-to-earn blockchain game utilising high-tech NFTs, is looking forward to a very bright future following a successful token launch. The game, in which players will take the role of pilots in a futuristic, post-apocalyptic 50th century space war, will...
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....
Here's why Bitcoin losing $6K in hours was good for BTC price action
11.11.2021
Derivatives exchanges hosted a "shake out" of positions that quickly reset funding rates to healthy levels
Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum - Coinbase
11.11.2021
The adoption curve of crypto starts with bitcoin (BTC), before moving to ethereum (ETH), decentralized finance (DeFi) and other cryptoassets, the US-based crypto exchange Coinbase said in an earnings call this week. They also noted that the current market cycle “feels less speculative” than past...
Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program
11.11.2021
Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between restaurant giant Landry’s and New York Digital Investment Group (NYDIG). In addition, Landry’s said it will buy bitcoin for its treasury....
Indonesia's national Islamic council reportedly declares Bitcoin haram
11.11.2021
While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia
Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally
11.11.2021
Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs.
Besides, most major altcoins are also trying to recover losses....