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Will ‘moon-magic’ power Ethereum’s flight past $4.5k in the days to come

Source Node: https://ambcrypto.com/can-the-moon-magic-aid-ethereum-cross-4-5k-in-the-days-to-come/
Time Stamp: November 19, 2021 10:00 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

Less than two weeks back, the global crypto market had crossed the $3 trillion mark in capitalization. Owing to the recent ruckus, the aforementioned level, however, couldn’t sustain for long. After noting a 6% dip in just the past 24-hours, the market cap reflected a value of $2.47 trillion, at the time of this analysis. The highlighted downtrend has been led by large cap cryptos. Over the last seven days, all the top 10 coins have shed value in the 14%-20% bracket, with Ethereum being no exception. Financial astrology During

XRP, Litecoin, EOS Price Analysis: 19 November

Source Node: https://ambcrypto.com/xrp-litecoin-eos-price-analysis-19-november/
Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

Market dominators Bitcoin and Ethereum noted double-digit weekly losses, at press time. Consequently, altcoins like XRP, Litecoin, and EOS corresponded by registering over 24% retracements in nine days. All these coins struck their weekly or monthly milestones on 10 November. After which all of them were in the correction phase and now showed signs of a possible recovery.  XRP Source: TradingView, XRP/USDT Since mid-October, XRP has followed a dynamic trajectory. After moving sideways for nearly two weeks, it oscillated within the ascending parallel channel (white). During this phase, XRP rallied

Several Altcoins Reach New All-Time Highs – Biggest Weekly Gainers

Source Node: https://beincrypto.com/several-altcoins-reach-new-all-time-highs-biggest-weekly-gainers/
Time Stamp: November 19, 2021 7:40 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

BeInCrypto takes a look at the seven altcoins that increased the most during last week, specifically from Nov 12-19.Sponsored Sponsored These altcoins are: WAX (WAXP) : 67.30% The Sandbox (SAND) : 62.80% Crypto.com Coin (CRO) : 49.40% Avalanche (AVAX) : 28.60% Decentraland (MANA) : 26.78% IoTeX (IOTX) : 16.45% Enjin Coin (ENJ) : 6.73% WAXP WAXP has been moving upwards at an accelerated rate since November 11, when it bounced at the previous all-time high resistance at $0.48. In a span of only six days, WAXP increased by 106%. This

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

Source Node: https://news.bitcoin.com/nft-collateralizing-south-african-startup-raises-5-million-in-latest-seed-round/
Time Stamp: November 19, 2021 7:30 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Source Node: https://news.bitcoin.com/kucoin-labs-launches-100-million-metaverse-investment-fund/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests in Metaverse Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100

The Future is Near: The First-Ever Sports Team Starts Paying Salaries in Bitcoin

Source Node: https://coinidol.com/sports-team-paying-salaries/
Time Stamp: November 18, 2021 6:00 AM - Modified On: November 18, 2021 - Published By:
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Republished By Plato

Nov 18, 2021 at 11:00 // News A professional baseball team from Australia, Perth Heat, announced on November 17 that they will remunerate their players and employees using bitcoin. To introduce the new financial system, the club has already hired a chief Bitcoin officer and partnered with a cryptocurrency platform. The flagship coin is also adopted as a means of payment for sponsorships, fan merchandise, etc. According to the ABC news outlet, players will be able to choose the means of payment they want. Switching to Bitcoin will not be

Bitcoin Cash Falls above Historical Price Level May Hold Above $572 Support

Source Node: https://coinidol.com/bitcoin-cash-572-support/
Time Stamp: November 18, 2021 5:03 AM - Modified On: November 18, 2021 - Published By:
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Republished By Plato

Nov 18, 2021 at 10:03 // News The price of Bitcoin Cash (BCH) is in a downward correction as the price falls below the moving averages. Today, the cryptocurrency fell from the high of $720 to the low of $572. Currently, altcoin is moving above the current support of $572, which is a historical price level from October 11. In previous price action, BCH consolidated above current support to resume upward momentum. If BCH holds above current support, the market will also rise above the moving averages before retesting the

Prepare for the Future of Decentralized Venture Investment with DAOLaunch

Source Node: https://coinidol.com/venture-investment-daolaunch/
Time Stamp: November 17, 2021 8:00 AM - Modified On: November 17, 2021 - Published By:
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Nov 17, 2021 at 13:00 // News Nowadays, Venture capitalists and institutional investors dominate the investment business. The issue is that they may use their capital, network, connections, and brand to negotiate better investment terms and generate significant returns.   Most of these types of transactions take place in a private context. Ordinarily, retail investors do not have access to such opportunities. More than ever, a democratic and realistic approach to start-up investment is required.  This method will boost the start-up industry's competitiveness and innovation. DAOLaunch presents a Decentralized Venture Capital

Weekly Cryptocurrency Market Analysis: Altcoins Fail to Sustain Recent Rallies, Lose Strength on Bear Market

Source Node: https://coinidol.com/altcoins-lose-strength/
Time Stamp: November 17, 2021 6:00 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

Nov 17, 2021 at 11:00 // News Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows. OMG Network lost all of October's bullish gains and became the biggest loser of the last 7 days. OMG Network Since October 4, OMG Network (OMG) has been trading below the overhead resistance of $18. On November 4, buyers pushed the altcoin to retest the overhead resistance. The cryptocurrency formed a bearish double top that led to a downside move. The selling pressure erased the bullish gains from October.

Acala and Moonbeam Leading Polkadot Parachain Auction with $2.5B TVL

Source Node: https://beincrypto.com/acala-moonbeam-polkadot-parachain-auction-with-2-5b-tvl/
Time Stamp: November 16, 2021 3:20 AM - Modified On: November 16, 2021 - Published By:
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Republished By Plato

There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.Sponsored Sponsored The Polkadot network’s highly anticipated parachain auctions kicked off on Nov 11 and two projects are commanding a significant lead over the rest of the pack vying for the slot. With a combined total value locked of more than $2.5 billion worth of DOT pledged, Acala and Moonbeam are close contenders for the victory for the auction ending on Nov 18.Sponsored Sponsored The winning project will

VeChain prepares for much-awaited hard fork after exchanges announce support

Source Node: https://ambcrypto.com/vechain-prepares-for-much-awaited-hard-fork-after-exchanges-announce-support/
Time Stamp: November 16, 2021 2:25 AM - Modified On: November 16, 2021 - Published By:
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Republished By Plato

It might be a slow day for the crypto-market, but one blockchain community is gearing up for a major upgrade. One that has been in the works for some time now. Not chained to the past Several exchanges have announced that they will be supporting the VeChain [VET] network upgrade and hard fork. This is due to take place today, on 16 November, at around 8:00 UTC or a block height of 10,653,500. The upgrade is part of VeChainThor v1.6.0, which activated POA2.0 Phase 1 on the blockchain’s testnet on

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Source Node: https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/
Time Stamp: November 16, 2021 1:30 AM - Modified On: November 16, 2021 - Published By:
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Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s