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“# Ethereum approaches a new ATH, but derivatives data reflects mixed emotions ” Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in…
“# 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 continue to impact global stock markets….
“# Solana price eyes $300 as Grayscale launches SOL-backed trust ” Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line. The digital asset class is growing, and we’re expanding our offerings along with it!…
“# Shiba Inu gains over 30% in just two days as Kraken announces SHIB listing ” Shiba Inu (SHIB), a Dogecoin-inspired meme cryptocurrency, emerged as one of the best performers across traditional and crypto markets entering the new weekly session as its price climbed by over 30% week-to-date. SHIB’s price reached $0.00005155 Tuesday after bouncing…
“# Binance CEO reveals one key factor for token listings ” The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform. The most important criteria for listing a cryptocurrency on Binance is the number of users, CEO Changpeng Zhao said in…
“# India misinterpreted private crypto ban, says crypto bill creator ” 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…
“# Bitcoin cools from 1-week highs with key long-term metric echoing $44K ” 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…
“# Kraken exchange defies competitors’ regulatory concerns with SHIB listing ” 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)….
“# DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion ” Sentiment in the cryptocurrency market is back on the rise on Nov. 29 as the recent dip down into the “extreme fear” zone on the Crypto Fear and Greed Index improved slightly after Bitcoin (BTC) recovered above the $57,000 support, lifting…
“# Key data points suggest the crypto market’s short-term correction is over ” 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…