Reader

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

Source Node: https://beincrypto.com/bitcoin-btc-slumps-below-60000-selling-pressure-intensifies/
Time Stamp: November 17, 2021 2:17 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

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,

Loopring CEO Moves 61.3 Million LRC, Triggering GameStop NFT Speculation

Source Node: https://beincrypto.com/loopring-ceo-lrc-gamestop-nft-speculation/
Time Stamp: November 17, 2021 1:50 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

On Nov 16, a transaction of 61.3 million LRC being moved to layer 2 occurred on the Loopring network. The Crypto community speculates that this could be a move to support a forthcoming GameStop NFT marketplace.Sponsored Sponsored Investors and market speculators are having a field day after a recent Loopring transaction has them thinking that it could be related to a GameStop (GME) float. On Nov 16, a deposit of 61.3 million LRC, worth $164.8 million, on the Loopring Exchange occurred. The assets were also moved from layer 1 to

Pawnfi.com to Launch Liquidity Protocol for Non-Standard Assets

Source Node: https://beincrypto.com/pawnfi-com-to-launch-liquidity-protocol-for-non-standard-assets/
Time Stamp: November 17, 2021 1:30 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

Pawnfi.com has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca Brands, Dapper Labs, Polygon, DeFi Alliance, Hashkey Capital, Everest Venture Group, SNZ, and 6Block. Sponsored Sponsored The first DeFi product of its kind, Pawnfi.com is brand-new in the lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor cryptocurrencies, and bundled assets. With the development of the

Israel Beefing Up Crypto and Money Laundering Regulations

Source Node:
Time Stamp: November 17, 2021 1:14 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

Israel’s Authority for Combating Terror Financing and Money Laundering has announced a tightening of regulations applying to the crypto and Fintech sectors.Sponsored Sponsored Israel is upping the ante in its fight against cryptocurrency crime. The Authority for Combating Terror Financing and Money Laundering announced via the authority director that new regulations have come into effect to combat criminal activity and normalize the use of cryptocurrency and other FinTech products. According to authority director Shlomit Wegman, the application of these regulations will help to establish order and clear standards.  The regulations

DAOLaunch Vows to Change the Future of Funding With Decentralized VC

Source Node: https://beincrypto.com/daolaunch-decentralized-venture-capital-to-change-future-of-funding/
Time Stamp: November 17, 2021 1:12 AM - Modified On: November 17, 2021 - Published By:
Source Cluster:
Republished By Plato

The Venture Capital (VC) industry has traditionally been the playground for the rich. Generally speaking, you had little chance of making it as a venture capitalist if you were not financially well-established to begin with. Sponsored Sponsored However, that status quo is about to change now with the emergence of blockchain-powered platforms like DAOLaunch.  Blockchain technology is already making inroads into venture capital, exposing the industry to all the perks of decentralization. Expectedly, this has prompted an increasing number of analysts and industry stakeholders to anticipate a new era of decentralized

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:
Source Cluster:
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

Bitcoin (BTC) Falls Sharply Towards $60,000 — Where Will It Find Support?

Source Node: https://beincrypto.com/bitcoin-btc-falls-sharply-towards-60000-where-will-it-find-support/
Time Stamp: November 16, 2021 2:20 AM - Modified On: November 16, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) decreased considerably on Nov 15 and followed it up with an even sharper fall on Nov 16. It is currently attempting to find support.Sponsored Sponsored BTC has been moving downwards since reaching an all-time high price of $69,000 on Nov 10. The downward movement was followed bearish divergences in both the MACD and RSI. Such occurrences often precede bearish trend reversals. The closest support level is found at $57,850. This is the 0.382 short-term (white) Fib retracement support level. If it fails to initiate a bounce, there would

Meet the dETH Token, a HODLable Leveraged ETH

Source Node: https://beincrypto.com/deth-token-a-hodlable-leveraged-eth/
Time Stamp: November 16, 2021 1:59 AM - Modified On: November 16, 2021 - Published By:
Source Cluster:
Republished By Plato

The world of finance is being turned on its head thanks to the new wave of innovative Decentralized Finance (DeFi) applications being created. Sponsored Sponsored The transparency and decentralization offered by DeFi protocols are unparalleled, making it impossible for traditional financial services to match. The oldest and most time-tested financial products are now being replicated on the blockchain. Not only that, but we are also witnessing the birth of new and never-before-seen financial services such as cryptocurrency synthetic assets, decentralized exchanges (DEXs), and decentralized insurance, just to name a few.Sponsored

Crypto Valley Roundup – Fall 2021

Source Node: https://beincrypto.com/crypto-valley-roundup-fall-2021/
Time Stamp: November 15, 2021 3:31 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

U.S. Treasury Department & Israel Form Joint Venture to Combat Cyber Crime

Source Node: https://beincrypto.com/u-s-treasury-department-israel-form-joint-venture-to-combat-cyber-crime/
Time Stamp: November 15, 2021 2:37 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

The U.S. and Israel join forces to combat the growing threat of ransomware attacks that often leave fiscal destruction in their wake for the affected victims.Sponsored Sponsored The U.S. Treasury Department is joining forces with Israel to combat the threat of ransomware. The U.S. Deputy Treasury Secretary met with two Israeli officials, the Minister of Finance and the National Cyber Directorate Director-General, to formalize the joint venture launch. The venture seeks to oversee “the development of risk mitigation tools for law enforcement to enhance the efficiency of analytical and enforcement

ZooKeeper to Launch ZooGenes On Nov. 14: A New Gaming Generative NFT

Source Node: https://beincrypto.com/zookeeper-to-launch-zoogenes-on-november-14/
Time Stamp: November 15, 2021 12:44 AM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

ZooKeeper launched the first generation of ZooGenes on November 14, with 10,000 unique NFT characters to be distributed over 3 rounds. Sponsored Sponsored Those who previously held ZOO tokens in their wallets received a Yggdrazil Keepsake and will be given priority during the first 6 hours of the first sales round. ZooGenes: A new gaming generative NFT ZooGenes are ZooKeeper’s gaming-oriented randomly generated NFTs with billions of possible variations. A 3D version of these playable (and tradable) characters can be used in future upcoming ZooKeeper games. Every character will have

Gemini Lists Shiba Inu (SHIB) After Other Major Exchanges Offer Support

Source Node: https://beincrypto.com/gemini-lists-shiba-inu-shib-major-exchanges-support/
Time Stamp: November 15, 2021 12:40 AM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Gemini has pleasantly surprised the Shiba Inu (SHIB) community by announcing the listing of the token on its platform, among a slew of other tokens.Sponsored Sponsored Gemini announced on Nov. 12, 2021, that it was adding support for Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (wCFG), Quant (QNT), Radicle (RAD), Burn (ASH), SuperRare (RARE), Fetch AI (FET), and Numeraire (NMR) deposits and custody. Other tokens will also be supported, including new DeFi, metaverse, infrastructure, and data management tokens. Trading for these newly-listed tokens will open on API/FIX