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

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

Aquaris AMA Session With BeInCrypto

Hi Everyone! Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Andrei (@Andrei_AQUARIS) and Alex (@AlexAQUARIS). They are respectively co-founder and COO of Aquaris.  For the uninitiated, Aquaris is a platform that aims to modernize and optimize the fish product industry using blockchain technology.Sponsored Sponsored BeInCrypto (BIC): Here is how things will work. I’ll have 10 questions for them. After that, they will pick up 5 out of all the questions you asked before the session. Good luck to you all!(This AMA session has been edited for clarity.) BIC:

IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions

The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021.Sponsored Sponsored According to the latest IRS criminal investigation report, this figure represents 93% of assets seized by tax enforcement over the past year. The tax collection agency believes that it could seize further billions in crypto from tax fraud and other crimes over the coming year.Sponsored Sponsored “I expect a trend of crypto seizures to continue as we move forward into fiscal year ‘22,” said IRS Criminal Investigation Chief Jim Lee. “We’re

Avalanche’s AVAX Token Surges to All-Time High

Avalanche has grown steadily this year and competes with Ethereum by developing its DeFi ecosystem. It is the fastest-growing smart contracts platform in the blockchain industry. It can be used to solve various problems in enterprises, institutions, and governments, including debt financing and asset insurance.  Avalanche was launched by Ava labs, which was founded by Emin Gun Sirer, a Cornel University Professor. It has integrated various Defi projects like Reef, bZx, SushiSwap, and Securitise. It is also collaborating with the Ethereum network, which will allow transfers of assets between two

Crypto Investor News for 11/16

Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long

The Sandbox (SAND) Reaches New All-Time High — Multi-Coin Analysis

BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including The Sandbox (SAND). Despite the token reaching a new all-time high price, it has fallen back to an important support/resistance level.Sponsored Sponsored Bitcoin (BTC) BTC has been trading inside an ascending parallel channel since Oct 20. It was recently rejected by its resistance line on Nov 10 and began its current downward move. On Nov 16, it reached the support line of the channel and the $59,700 support area. It had previously deviated below this area on

Zaigar Finance: DeFi Platform Launches Game Based on Binary Options

On November 10, Zaigar Finance, a decentralized finance service led by the well-known rewards marketing platform Zaigar, added another feature to its portfolio, Zaigar Options.Sponsored Sponsored Digital asset enthusiasts and DeFi universe enthusiasts can now use their ZAIF tokens to play this simple, fun, and profitable game where you choose whether the value of a coin will go up or down with each spin. In this first moment, platform users can, every hour, make their guess based on the trading value of DOGE – cryptocurrency famous for the unusual tweets

COMP’s incentive crisis and what lies ahead for alt’s price

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

GoldPesa launches a gold-backed token with Upside

GoldPesa transforms gold into an income-generating asset class that trades at a premium. GoldPesa is launching a gold-backed token that trades at a premium and safely generates wealth for token holders. Each GoldPesa token (“GPX”) is backed by 1 gram of gold stored in a secure vault while not being a stable coin. Over the years, gold has earned a reputation as a good inflation hedge. Nevertheless, owning gold as an asset class doesn’t generate any yield. In fact, storing gold securely actually costs money. GoldPesa is solving this problem

Mt. Gox Bitcoin Rehabilitation Plan Gets Final Approval From Trustee Board

The Mt. Gox bitcoin rehabilitation plan, which would reimburse 150,000 BTC to victims of the exchange hack has gained final approval from the trustee board. The development marks one of the final steps before the Mt. Gox saga is finally put to rest.Sponsored Sponsored The rehabilitation plan for Mt. Gox has gained final approval from the trustee and has become final and binding, according to a notice published on Nov 16. The confirmation has been a long time coming, after news of a rehabilitation plan emerged in January 2021. The

Everything Users Need to Know About Blockademia Token Sale

The new Croatian cryptocurrency startup Blockademia recently revealed their decentralized information system for issuing and checking the authenticity of issued documents such as diplomas, certificates, and others. Sponsored Sponsored Blockademia works on the Cardano blockchain, which ensures the permanence and immutability of the issued entry containing document metadata and subsequent authenticity checks.  To raise funds for further development, this cryptocurrency startup plans to issue 85 million ACI tokens, out of a total of 250 million. The initial distribution of ACI tokens is carried out through its own web system in

Bitcoin (BTC) Slumps Below $60,000 As Selling Pressure Intensifies

Bitcoin (BTC) decreased considerably on Nov 16 and is in process of breaking down from a short-term corrective pattern, which could further intensify the downward movement.Sponsored Sponsored BTC has been falling since Nov 10 after it reached an all-time high price of $69,000. The downward move was preceded by bearish divergence in both the MACD and RSI. This is a bearish sign that often kicks off bearish trend reversals. BTC has already touched the first support area at $57,850. This is the short-term 0.382 Fib retracement support level. Sponsored Sponsored However,