{"id":122292,"date":"2020-11-29T00:42:16","date_gmt":"2020-11-28T21:42:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/"},"modified":"2020-11-29T00:42:16","modified_gmt":"2020-11-28T21:42:16","slug":"bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/","title":{"rendered":"#Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder: Hodler\u2019s Digest, Nov. 21\u201327"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e70d3e0d83\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e70d3e0d83\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Top_Stories_This_Week\" >Top Stories This Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Bitcoin_price_tumbles_falling_below_17000_in_biggest_crash_since_March\" >Bitcoin price tumbles, falling below $17,000 in biggest crash since March<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Three_reasons_traders_now_expect_Bitcoin_hitting_13000_before_a_new_rally\" >Three reasons traders now expect Bitcoin hitting $13,000 before a new rally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Ethereum_20_confirmed_for_Dec_1_launch_just_hours_before_deadline\" >Ethereum 2.0 confirmed for Dec. 1 launch, just hours before deadline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Yearn_Finance_is_going_on_an_acquisition_spree\" >Yearn Finance is going on an acquisition spree<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Facebooks_Libra_to_reportedly_launch_in_January_2021_as_USD_stablecoin\" >Facebooks Libra to reportedly launch in January 2021 as USD stablecoin<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Winners_and_Losers\" >Winners and Losers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Most_Memorable_Quotations\" >Most Memorable Quotations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Prediction_of_the_Week\" >Prediction of the Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Institutional_money_may_propel_Bitcoin_to_250000_in_a_year_says_macro_investor\" >Institutional money may propel Bitcoin to $250,000 in a year, says macro investor<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#FUD_of_the_Week\" >FUD of the Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#XRP_price_spikes_to_090_crashes_in_seconds_as_Coinbase_goes_down\" >XRP price spikes to $0.90, crashes in seconds as Coinbase goes down<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#PayPal_suspends_user_for_crypto_trading_using_PayPals_own_service\" >PayPal suspends user for crypto trading using PayPals own service<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Chinese_police_seized_crypto_assets_worth_42_billion_today_from_PlusToken_Ponzi\" >Chinese police seized crypto assets worth $4.2 billion today from PlusToken Ponzi<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Best_Cointelegraph_Features\" >Best Cointelegraph Features<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Hodl_or_spend_Retailers_offer_Black_Friday_deals_for_those_paying_with_cryptocurrency\" >Hodl or spend? Retailers offer Black Friday deals for those paying with cryptocurrency<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Bitcoin_and_blockchain_topics_to_discuss_with_the_crypto_curious_this_Thanksgiving\" >Bitcoin and blockchain topics to discuss with the crypto curious this Thanksgiving<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-carnage-eth2-milestone-libra-launch-paypal-blunder-hodlers-digest-nov-21-27\/#Ethereum_20_to_boost_DeFi_but_delayed_launch_may_set_the_network_back\" >Ethereum 2.0 to boost DeFi but delayed launch may set the network back<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder: Hodler\u2019s Digest, Nov. 21\u201327<\/strong>&#8221;<\/p>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/11\/nov28.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 one week on Cointelegraph in one link!\n                &lt;p style=\"text-align: center\"&gt;&lt;b&gt;&lt;i&gt;Coming every Saturday, &lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt;Hodlers Digest&lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt; will help you track every single important <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> story that h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more  a week on Cointelegraph in one link.&lt;\/i&gt;&lt;\/b&gt;\n<\/code><\/pre>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Top_Stories_This_Week\"><\/span><b>Top Stories This Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><\/h4>\n<figure id=\"attachment_6468\" aria-describedby=\"caption-attachment-6468\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6468 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/11\/photo_2020-11-27_23-17-08-1024x766.jpg\" alt=\"\" width=\"1024\" height=\"766\" \/><figcaption id=\"caption-attachment-6468\" class=\"wp-caption-text\">Buy the Dip<\/figcaption><\/figure>\n<h4><span class=\"ez-toc-section\" id=\"Bitcoin_price_tumbles_falling_below_17000_in_biggest_crash_since_March\"><\/span><b>Bitcoin price tumbles, falling below $17,000 in biggest crash since March<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">At the start of the week, the crypto markets were brimming with optimism. Bitcoin was <\/span><span style=\"font-weight: 400\">one resistance zone<\/span><span style=\"font-weight: 400\"> away from all-time highs, altcoins were <\/span><span style=\"font-weight: 400\">rallying by <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>le digits<\/span><span style=\"font-weight: 400\">, and the surge was making a <\/span><span style=\"font-weight: 400\">splash on the homepage<\/span><span style=\"font-weight: 400\"> of The Wall Street Journal.<\/span><\/p>\n<p><b>With Bitcoins market cap at all-time highs, it was time to celebrate with a nice turkey dinner and all the trimmings. <\/b><span style=\"font-weight: 400\">Unfortunately, Thanksgiving left the crypto world with a rather bitter aftertaste.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On Nov. 26, BTCs price suffered one of its biggest dollar losses since March. <\/span><b>All told, the worlds biggest cryptocurrency collapsed by more than 15%. <\/b><span style=\"font-weight: 400\">Massive liquidations<\/span><span style=\"font-weight: 400\"> were blamed for the crash from <\/span><b>$19,484 <\/b><span style=\"font-weight: 400\">to <\/span><b>$16,334 <\/b><span style=\"font-weight: 400\">in the space of a day.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As Cointelegraph analyst Michal van de Poppe noted, market corrections are rarely elegant things. <\/span><b>They are often vertical and painful. Staircase up, elevator down, <\/b><b>he wrote<\/b><b>.<\/b><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Three_reasons_traders_now_expect_Bitcoin_hitting_13000_before_a_new_rally\"><\/span><b>Three reasons traders now expect Bitcoin hitting $13,000 before a new rally<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">So what happens next? <\/span><b>Are hopes of hitting $20,000 dashed in the short term, or was this a mere blip in the road that should be shrugged off?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Well, it depends very much on who you ask. Some traders are anticipating another steep pullback in the not-too-distant future, pointing to historical patterns that suggest BTC could fall back down to the <\/span><b>$13,800$14,500 <\/b><span style=\"font-weight: 400\">range.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A pseudonymous trader known as Salsa Tekila said BTC needed to break <\/span><b>$17,500 <\/b><span style=\"font-weight: 400\">to remain in bullish territory, adding that <\/span><b>$18,700 <\/b><span style=\"font-weight: 400\">is the only big resistance before all-time highs. However, the trader warned that things are looking bearish below <\/span><b>$17,500<\/b><span style=\"font-weight: 400\"> and this could prompt a drop to the <\/span><b>$11,000$13,000 <\/b><span style=\"font-weight: 400\">range.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Others, such as the crypto index fund provider Stack Funds, have described the pullback as a healthy correction that was needed before Bitcoin continues its upward trajectory.<\/span><\/p>\n<p><b>The firm said BTC has been at overbought levels since October, meaning some heat desperately needed to leave the market.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Quantum Economics founder Mati Greenspan said the correction may have already bottomed out, adding: <\/span><b>A 17% pullback is rather tame for this stage of the cycle.<\/b><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Ethereum_20_confirmed_for_Dec_1_launch_just_hours_before_deadline\"><\/span><b>Ethereum 2.0 confirmed for Dec. 1 launch, just hours before deadline<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Eth2s beacon chain has been confirmed for Dec. 1 after 16,834 validators transferred <\/span><b>524,288 ETH <\/b><span style=\"font-weight: 400\">into a deposit contract.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There had been doubts over whether the deposit contract would hit the minimum threshold by Nov. 24, paving the way for Phase 0 to begin in earnest a week later.<\/span><\/p>\n<p><b>But transfers rapidly increased as the deadline neared. <\/b><span style=\"font-weight: 400\">There was a celebratory atmosphere in the ETH community, not least because it finally marks the beginning of an upgrade that has been plagued by delays and complications.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While genesis participants will not be able to withdraw their coins until Eth2 reaches Phase 1.5  which will merge the Ethereum mainnet with Eth2s beacon chain and sharded environment  many hodlers are waiting for third parties to launch withdrawal-enabled staking services, despite the potential risk of exit scams.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Yearn_Finance_is_going_on_an_acquisition_spree\"><\/span><b>Yearn Finance is going on an acquisition spree<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Away from the major cryptocurrencies, Yearn Finance has had a very busy week. <\/span><b>In a sign that consolidation is coming to the DeFi markets, the protocol has performed three high-profile mergers in as many days.<\/b><\/p>\n<p><span style=\"font-weight: 400\">On Nov. 25, Yearn Finance <\/span><span style=\"font-weight: 400\">announced a partnership<\/span><span style=\"font-weight: 400\"> with Pickle Finance to boost yield farming incentives. <\/span><b>Its also hoped that the move will compensate those affected when $20 million was lost in a recent Pickle exploit.<\/b><\/p>\n<p><span style=\"font-weight: 400\">A day later, YFI was yearning for more. The protocols founder, Andre Cronje, announced details of yet another integration. <\/span><b>This time, Yearn planned to <\/b><b>join forces<\/b><b> with Cream, a lending protocol similar to Compound and Aave.<\/b><\/p>\n<p><b>But the acquisition spree was far from over. <\/b><span style=\"font-weight: 400\">On Saturday, a new collaboration was also unveiled with the market coverage provider Cover.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Observers say Yearn is scooping up developers and monopolizing talent, but critics have claimed that none of these acquisitions have actually been approved through a community vote.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Facebooks_Libra_to_reportedly_launch_in_January_2021_as_USD_stablecoin\"><\/span><b>Facebooks Libra to reportedly launch in January 2021 as USD stablecoin<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">After months of uncertainty and regulatory drama, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>s embattled Libra project might be nearing launch at last <\/span><b>kind of<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Reports suggest that Libra will initially take the form of a U.S.-dollar-backed digital currency  and it could see the light of day as soon as January 2021.<\/span><\/p>\n<p><b>According to the Financial Times, the Libra Association will eventually add more fiat currencies to the basket of assets that back Libras value.<\/b><\/p>\n<p><span style=\"font-weight: 400\">The exact launch date is still unknown and would depend on the Libra Association receiving approval from regulators in Switzerland to operate as a payments service.<\/span><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Winners_and_Losers\"><\/span><b>Winners and Losers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_6470\" aria-describedby=\"caption-attachment-6470\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6470 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/11\/Winners-and-Losers-23-28-11111111-01________-013333-01-1024x826.jpg\" alt=\"\" width=\"1024\" height=\"826\" \/><figcaption id=\"caption-attachment-6470\" class=\"wp-caption-text\">Winners and losers<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">At the end of the week, Bitcoin is at <\/span><b>$17,707.60<\/b><span style=\"font-weight: 400\">, Ether at <\/span><b>$541.01 <\/b><span style=\"font-weight: 400\">and XRP at <\/span><b>$0.62<\/b><span style=\"font-weight: 400\">. The total market cap is at <\/span><b>$530,787,776,807<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are <\/span><b>Stellar<\/b><span style=\"font-weight: 400\">, <\/span><b>Horizen <\/b><span style=\"font-weight: 400\">and <\/span><b>XRP<\/b><span style=\"font-weight: 400\">. The top three altcoin losers of the week are <\/span><b>Energy Web Token<\/b><span style=\"font-weight: 400\">, <\/span><b>NXM <\/b><span style=\"font-weight: 400\">and <\/span><b>Synthetix<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For more info on crypto prices, make sure to read <\/span><span style=\"font-weight: 400\">Cointelegraphs market analysis<\/span><span style=\"font-weight: 400\">. <\/span><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Most_Memorable_Quotations\"><\/span><b>Most Memorable Quotations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Its quite common that market corrections dont happen in a smooth manner. They are often vertical and painful. Staircase up, elevator down.<\/span><\/p>\n<\/blockquote>\n<p><b>Michal van de Poppe<\/b><b>, Cointelegraph analyst<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">#Bitcoin has been compared negatively to a lot of things over the years, such as tulips, rat poison, Ponzi schemes, snake oil, etc., but the one that has hurt the most by far has been the comparison to the Segway.<\/span><\/p>\n<\/blockquote>\n<p><a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/tyler?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\"><b>Tyler Winklevoss<\/b><\/a><b>, Gemini co-founder and CEO<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">The New York Times is planning to publish a negative story about Coinbase [] The story will likely imply that Black employees were discriminated against during this process; this is false.<\/span><\/p>\n<\/blockquote>\n<p><a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/blog.coinbase.com\/upcoming-story-about-coinbase-2012afc25d27\" class=\"broken_link\"><b>Coinbase<\/b><\/a><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Everyone should put 2% to 3% of their net worth in Bitcoin and look at it in five years, and its going to be a whole lot more.<\/span><\/p>\n<\/blockquote>\n<p><b>Mike Novogratz<\/b><b>, Galaxy Digital founder and CEO<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">WHAT CRAP  new to coinbase  and all my XRP trades went into limbo then finally showed up only AFTER the bottom fell out  causing me to lose a ton of money!!!<\/span><\/p>\n<\/blockquote>\n<p><b>Mike Palagi<\/b><b>, Coinbase user<\/b><\/p>\n<h2 style=\"text-align: center\"><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6467 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/11\/photo_2020-11-27_23-17-09-1024x766.jpg\" alt=\"\" width=\"1024\" height=\"766\" \/><\/b><\/h2>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Prediction_of_the_Week\"><\/span><b>Prediction of the Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Institutional_money_may_propel_Bitcoin_to_250000_in_a_year_says_macro_investor\"><\/span><b>Institutional money may propel Bitcoin to $250,000 in a year, says macro investor<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Global Macro Investor CEO Raoul Pal has predicted that Bitcoin could hit <\/span><b>$150,000 <\/b><span style=\"font-weight: 400\">by November 2021 in the most conservative scenario  and could even surge to <\/span><b>$250,000 <\/b><span style=\"font-weight: 400\">owing to the large amount of institutional money currently flowing into the market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Pal, most of Bitcoins additional supply is currently being absorbed by PayPal, Square and Grayscale. <\/span><b>He believes that the resulting supply squeeze is the catalyst for Bitcoins latest surge.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Ive never seen a market with this supply and demand imbalance before, Pal said, pointing out the macroeconomic factors that are playing in Bitcoins favor.<\/span><\/p>\n<p><b>Pal went on to predict that additional monetary stimulus to sustain economies in the wake of COVID-19 will devalue fiat, and this, together with low interest rates, will propel Bitcoins price to new highs.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Its life-changing. No other asset has an upside of 5x, 10x, 20x in a short space of time, he told Cointelegraph.<\/span><\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"FUD_of_the_Week\"><\/span><b>FUD of the Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"XRP_price_spikes_to_090_crashes_in_seconds_as_Coinbase_goes_down\"><\/span><b>XRP price spikes to $0.90, crashes in seconds as Coinbase goes down<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Altcoins werent immune from the Bitcoin bloodbath, and it was red across the board in the immediate aftermath of the nightmare before Thanksgiving.<\/span><\/p>\n<p><b>But just before this correction happened, something crazy was happening with XRP.<\/b><\/p>\n<p><span style=\"font-weight: 400\">The No. 3 cryptocurrency, not known for being a digital asset that delivers big gains, has had a blockbuster November. <\/span><b>At the time of writing, its risen 154% since the month began  rallying from $0.24 to $0.61. <\/b><span style=\"font-weight: 400\">Most of these gains were concentrated over a few days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At one point this week, XRP hit highs of <\/span><b>$0.76<\/b><span style=\"font-weight: 400\">, but over on Coinbase, it briefly spiked to <\/span><b>$0.90 <\/b><span style=\"font-weight: 400\">before crashing back down by 30% in a matter of seconds. <\/span><b>This was the highest price level since May 2018.<\/b><\/p>\n<p><span style=\"font-weight: 400\">The rally was apparently driven by Coinbase users as the price of XRP did not see the same heights on other exchanges.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Some disgruntled traders flocked to Downtector and claimed they had lost a ton of money after their trades failed to process.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"PayPal_suspends_user_for_crypto_trading_using_PayPals_own_service\"><\/span><b>PayPal suspends user for crypto trading using PayPals own service<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><b>Well this is awkward. <\/b><span style=\"font-weight: 400\">A PayPal user has claimed their account was restricted because they were performing too many trades on the platforms new crypto service.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On Reddit, the user in question claimed that PayPal had sent them a message, informing them that their account was being permanently limited due to potential risk. <\/span><b>But TheCoolDoc claimed they had only made 10 crypto transactions over a week  purchasing during dips and selling when prices were high.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Bizarrely, PayPal had asked for an explanation for each transaction. Hours later, the user was told they would not be able to conduct any further business using the platform  and the funds in their account were placed on a 180-day hold.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Other Reddit users pointed out that the service is supposed to be more of a Bitcoin bank account than a trading account. <\/span><b>Nonetheless, TheCoolDoc has vowed that they will never buy a Satoshi of crypto from PayPal again.<\/b><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Chinese_police_seized_crypto_assets_worth_42_billion_today_from_PlusToken_Ponzi\"><\/span><b>Chinese police seized crypto assets worth $4.2 billion today from PlusToken Ponzi<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The PlusToken scandal has reportedly resulted in a titanic seizure of crypto assets by Chinese authorities  worth <\/span><b>$4.2 billion <\/b><span style=\"font-weight: 400\">at todays prices.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Court rulings posted by The Block show authorities have seized <\/span><b>194,775 BTC<\/b><span style=\"font-weight: 400\"> and <\/span><b>883,083 ETH<\/b><span style=\"font-weight: 400\">  alongside millions of Litecoin, Dogecoin and XRP.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Gains from the seized crypto assets will be forfeited to the national treasury. The precise details of how the assets will be dealt with and processed in accordance with national laws have not been fully spelled out.<\/span><\/p>\n<p><b>The PlusToken scheme had presented itself as a South Korean crypto platform that could generate 8%16% returns per month, drawing in 2 million members. It later turned out to be one of the industrys biggest-ever exit scams.<\/b><\/p>\n<h2 style=\"text-align: center\"><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6466 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/11\/photo_2020-11-27_23-17-08-2-1024x766.jpg\" alt=\"\" width=\"1024\" height=\"766\" \/><\/b><\/h2>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Best_Cointelegraph_Features\"><\/span><b>Best Cointelegraph Features<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Hodl_or_spend_Retailers_offer_Black_Friday_deals_for_those_paying_with_cryptocurrency\"><\/span><b>Hodl or spend? Retailers offer Black Friday deals for those paying with cryptocurrency<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">As crypto enters the mainstream, major retailers are offering discounts and promotions to get customers to pay using cryptocurrency.<\/span><\/p>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Bitcoin_and_blockchain_topics_to_discuss_with_the_crypto_curious_this_Thanksgiving\"><\/span><b>Bitcoin and blockchain topics to discuss with the crypto curious this Thanksgiving<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Experts explain how to address common questions newcomers may have regarding Bitcoin and the blockchain space over the holidays.<\/span><\/p>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Ethereum_20_to_boost_DeFi_but_delayed_launch_may_set_the_network_back\"><\/span><b>Ethereum 2.0 to boost DeFi but delayed launch may set the network back<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The launch of Ethereum 2.0 is bound to support DeFi growth, but would it be capable of handling the pace at which DeFi is growing?<\/span><\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/magazine\/2020\/11\/28\/btc-rekt-eth2-launch-libra-launch-nov21-27\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder: Hodler\u2019s Digest, Nov. 21\u201327&#8221; The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 one week on Cointelegraph in one link! &lt;p style=&#8221;text-align: center&#8221;&gt;&lt;b&gt;&lt;i&gt;Coming every Saturday, &lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt;Hodlers Digest&lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt; will help you track every single important news story that happened this week&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":122293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/11\/nov28.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-122292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/122292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=122292"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/122292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/122293"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=122292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=122292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=122292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}