November 2021 - Bitcoins Crypto

SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains

Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve’s admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted Bitcoin price and this morning, the digital asset retreated …

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UNFI/BTC / buy signal

Bitcoin Analysis

UNFI is leading the De-Fi recovery phase( or at least thats the feeling right now) From a fundamental perspective, news, partnerships UNFI protocol has great to offer, i believe V2 is also rolling out. Unifi Protocol is a suite of smart-contract based building blocks that create and connect DeFi marketplaces by enabling simple and low-cost …

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Crypto’s impact on sanctions: Are regulators’ concerns justified?

Bitcoin News

The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies. The rapidly increasing adoption of digital currencies in the last two years makes this …

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Kelly Strategic Management files for Ethereum futures ETF

Ethereum

Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts. The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the U.S. Securities and Exchange …

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Vladimir Putin says cryptocurrencies ‘bear high risks’

Blockchain

On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism regarding the state of the criticism sector at the “Russian Calling” investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph: “It is not backed by anything, [and] the volatility is colossal, so …

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‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’

Cryptocurrency

As 2021 nears its end, the firm Harpercollins, the publisher behind the printed and online Collins English Dictionary, has revealed “The Collins Word of the Year.” According to collinsdictionary.com, the word of the year is the abbreviation for non-fungible token, otherwise known as “NFT.” Collins English Dictionary Word of the Year Is NFT Non-fungible token …

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RChain and Hoo: The Arrow Has Already Been on the String

Cryptocurrency

sponsored 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 market. In this session, Greg Meredith and Atticbee …

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BITCOIN, Develops Main BROADENING-WEDGE-BOTTOM-FORMATION!

Bitcoin Analysis

Hello, Welcome to this analysis about Bitcoin and the 4-hour timeframe perspectives. As I discovered Bitcoin in recent times is developing important formational structures that are decisive for the upcoming determinations and objections Bitcoin will have the ability to show up with. As already mentioned in the previous analysis Bitcoin has already developed this massive …

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Crypto Investment Products Attracted $306 Million Last Week

Cryptocurrency

While the crypto market is on course to regain the $3 trillion market cap, institutional investors poured nearly $306 million in digital asset investment products during the recent week. Year-to-date crypto inflows reached a record high of $9.5 billion. BTC investment products attracted the largest institutional inflows in 5 weeks totaling $247 million. With that, …

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Kraken exchange defies competitors’ regulatory concerns with SHIB listing

Altcoins

United States-based digital asset exchange Kraken has announced it will begin supporting the viral meme coin Shiba Inu (SHIB) as of Nov. 30. There will be a minimum deposit of 373,000 SHIB ($16 USD), and the minimum trading volume is 50,000 SHIB ($2 USD). SHIB will initially be tradeable against the USD and Euro pairs, …

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India misinterpreted private crypto ban, says crypto bill creator

Bitcoin News

The creator of India’s crypto bill, former Finance Minister Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain technology. The Parliamentary discussions around a controversial crypto bill sparked fears around the ban on cryptocurrencies, with no clear indication about the ban’s scope. As …

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Bitcoin cools from 1-week highs with key long-term metric echoing $44K

Ethereum

Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight. The pair then recovered to circle $56,500 at …

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CUBE Somnium Space Cubes Price Action

Bitcoin Analysis

Hello friends, today you can review the technical analysis on the 1D linear scale chart for Ethereum ( ETHUSD ), an altcoin cryptocurrency. #CryptoPickk noted in the chart: 1) The Somnium Space Cubes price has been in a triangle pattern since early November 2021. The price is approaching the apex of the triangle pattern . …

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Wen moon? Data shows pro traders becoming more bullish on Bitcoin price

Bitcoin News

The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according to derivative metrics. This should not come as a surprise because Bitcoin price is still 15% below the $69,000 all-time high set on Nov. 10. Just 15 days later, the …

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Key data points suggest the crypto market’s short-term correction is over

Ethereum

The performance of cryptocurrencies in the past 7 days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it …

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Bitcoin transaction fees are down by over 50% this year

Blockchain

According to YCharts data, the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%. This rise may be attributed to a variety of factors. One explanation is that the fast expansion of the Bitcoin Lightning Network, in which transactions are off the blockchain, may have been …

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Month: November 2021