Day: November 18, 2021

Traders expect Ethereum price to drop further ahead of Friday’s $550M options expiry

Ether’s (ETH) 330% year-to-date gain has been largely fueled by the growth of decentralized finance and the explosion of non-fungible tokens. Proof of this comes from OpenSea, the largest NFT marketplace, surpassing the impressive mark of $10 billion in accumulated trading volume. However, traders worry that the 15% correction that followed the $4,870 all-time high on Nov. 10 could indicate that a larger bearish movement is in place. The rupture of the 55-day ascending channel reinforces this thesis and Nov. 19’s $550 million Ether options expiry will likely favor bears.…

BITCOIN CRASH TO $8K?! 😨 POSSIBLE GAMEPLAN FOR BITCOIN & ALTCOINS!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today Bitcoin saw a flash crash to $8k on Binance.us. Let’s discuss how and why, together with the gameplan of Bitcoin & altcoins for the upcoming months. Unfortunatly no webcam today, as Dubai left me with a cold as a welcome-home present… Where do I buy my Bitcoin and crypto? My primary exchange is Bitvavo. No trading fees on the first €1000 + staking possibilities: Want to improve as a trader? Check out: 🐦TWITTER: 📸INSTAGRAM: 🏫DISCORD PRIVATE GROUP: ⚠️ Disclaimer: Everything I…

What We Learned From Congress’ ‘Demystifying Crypto’ Hearing

This episode is sponsored by NYDIG. Download this episode Yesterday’s show was a global regulatory roundup, but today’s is all about the U.S. The Joint Economic Committee held an event this week all about “Demystifying Crypto.” In this episode, NLW looks at: The overall shift in tone in government crypto hearings The specific questions and topics that JEC members asked The beginnings of a partisan hardening of the crypto discourse New legislation to undo the problematic provisions of the infrastructure bill See also: US Congressmen Introduce Bill to Modify Crypto…

Acala wins first Polkadot parachain auction with over 32M DOT staked

On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction.  Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors via an initial coin offering (ICO) structured as a crowdloan. As the proceeds are classified as ‘crypto debt,’ Acala would eventually need to pay back the DOT it had solicited from investors. Users’ DOT are locked for the duration of the rental agreement for Polkadot’s parallel chains up for sale. It’s a testament…

What Hic et Nunc’s Resurrection Says About Decentralized Infrastructure

Late last week, an NFT (non-fungible token) marketplace called Hic et Nunc suddenly went down without explanation. All URLs tied to hicetnunc.xyz were broken, and all NFTs on the site were inaccessible. The site’s Twitter bio displayed an impassive epitaph: “discontinued.” The community panicked. “Pathetic,” wrote one user in the Hic et Nunc Discord server. “NFTs are dead,” wrote another. The fear was that without a working website, the NFTs themselves were effectively inaccessible. “What was clear from what happened on Thursday into Friday is that most people did not…

#Cryptocurrency Fundamental Analysis | Which Coin to Buy? | Bitcoin Study | Financial Education

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video you will learn how you can do the fundamental analysis of Cryptocurrencies. You will also get to know which coins to buy and which ones to avoid. If you want to Invest in Crypto Download CoinDCX App & get ₹100 Free Bitcoin : Open Free Demat Account on Upstox: About the Trainer : Master of Leadership Psychology, Pushkar Raj Thakur is one of the Most Influential Motivational Speaker & Digital Entrepreneurship Coach in India. A SelfMade Millionaire on the…

NFL Dabbles With NFT Ticket Collectibles on Polygon

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Bitcoin MVRV Shows Top Isn’t In Yet, BTC Still Has Room To Grow

The MVRV indicator shows that Bitcoin currently hasn’t reached the top yet, and the crypto may still have room to grow. Bitcoin MVRV Ratio May Show The Top Hasn’t Been Reached Yet As pointed out by a CryptoQuant post, on-chain data suggests MVRV ratio values are still low right now, implying that the coin hasn’t yet made the top. The Market Value to Realized Value (or MVRV in short) ratio is a Bitcoin indicator that’s defined as the market cap divided by the realized cap. MVRV Ratio = Market Cap…