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Coin Race: Top Winners/Losers of November; Exchange Tokens Up, Bitcoin, Meme Coins Down
1.12.2021
It’s December 1, and our monthly coin race this time shows that November has been a mixed bag for the crypto market.
Compared to October, last month saw far worse performance for the overall market, with both bitcoin (BTC), smart contract platform tokens like polkadot (DOT) and cardano (ADA),...
Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and STX Outperform
1.12.2021
Bitcoin price made another attempt to gain strength above USD 58,500 but failed. BTC is currently (04:22 UTC) trading in a range above USD 57,000. To start a fresh surge, the price must gain momentum above USD 58,500....
Read More: Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and...
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
30.11.2021
BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected
Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...
RChain and Hoo: The Arrow Has Already Been on the String
30.11.2021
On November 27th, 2021, RChain‘s founder Greg Meredith and blockchain scientist Atticbee were invited as guests to an AMA hosted by the Hoo Exchange. Hoo is a Dubai based innovation driven crypto exchange and has their in-house developed public chain, HSC, built for the global cryptocurrency...
MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen
30.11.2021
Around USD 31m seems to have been stolen from decentralized finance (DeFi) platform MonoX....
Read More: MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen
ICP's 'Long-Awaited' Transferability Upgrade Went Live
30.11.2021
The DFINITY Foundation, a not-for-profit organization developing technology for the Internet Computer (ICP) blockchain, has launched an upgrade proposed by the community to expand support for all canister smart contracts, enabling users to hold and transfer ICP tokens.
ICP tokens will be sent...
ETH/BTC Ready to Break Higher? Not So Fast, Some Analysts Say
30.11.2021
A much-discussed chart among crypto traders in recent days has been the ethereum (ETH)/bitcoin (BTC) chart, with many claiming it looks primed for a sharp move higher. However, some are still betting on an opposite outcome, with investor demand also indicating stronger appetite...
Bitcoin Looking for Direction, Ethereum Keeps Rising, SHIB Accelerates
30.11.2021
Bitcoin price failed to retest the USD 60,000 resistance level. BTC started a downside correction and traded below USD 57,000. It is currently (11:51 UTC) moving higher towards USD 57,500.
Besides, major altcoins are showing mixed results. ETH is still elevated, but it is facing an uphill task...
Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic
30.11.2021
The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues...
Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz
30.11.2021
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to...
Bitcoin Struggles, Ethereum Inches Higher, DOGE and SHIB Rally
30.11.2021
Bitcoin price attempted an upside break towards the USD 60,000 level. However, BTC failed to gain strength above the USD 58,000 and USD 58,500 levels. It is currently (04:24 UTC) consolidating near USD 57,200.
Besides, most major altcoins are gaining pace. ETH is up almost 3% and there was a break...
3 reasons why traders expect Bitcoin to retake $60K before November ends
29.11.2021
Bitcoin price flashed a few bullish signals on Nov. 29, leading analysts to share their opinions on why BTC should close November above $60,000
DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion
29.11.2021
Metaverse tokens are starting to cool off while DeFi platforms register steady inflows that pushed the sector’s TVL to a new all-time high
Key data points suggest the crypto market’s short-term correction is over
29.11.2021
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end
Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction
29.11.2021
This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly...
'Failing' S2F Model Refuels Debate on Bitcoin Price Model’s Usefulness
29.11.2021
With only one day left before the end of the month, a USD 98,000 price prediction for November by the pseudonymous bitcoin (BTC) analyst PlanB is officially out of the question. And with that, a new debate on the validity of PlanB’s well-known bitcoin stock-to-flow (S2F) model is again raging among...
Crypto Market Sentiment Dropped Last Week
29.11.2021
Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided...
Bitcoin and Ethereum Face Key Hurdles, STX Accelerates
29.11.2021
Bitcoin price started an upside correction above the USD 56,500 resistance. BTC even cleared USD 57,000, but it is facing hurdles near USD 58,000. It is currently (12:03 PM UTC) consolidating near USD 57,000.
Besides, most major altcoins are facing key hurdles. ETH is consolidating near USD 4,300...
Bitcoin and Ethereum Spurt Higher, SAND and GALA Rally
29.11.2021
Bitcoin price started a recovery wave above the USD 56,500 resistance. BTC is up 6%, it broke the USD 57,000 level and is currently (04:35 UTC) consolidating. A close above the USD 58,000 level is needed for more upsides in the near term.
Besides, most major altcoins are moving higher. ETH is...