Bitcoin, Ether Prices Take Plunge, BTC Losses $10K, Salvadoran Government Buys Another 150 BTC
A major reason for the Bitcoin plunge can be attributed to the prevailing regulatory opposition.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
A major reason for the Bitcoin plunge can be attributed to the prevailing regulatory opposition.
The researchers conclude that Ether provides “better inflationary hedging properties than Bitcoin, and Ether may therefore offer a superior long-term value storage than Bitcoin.”
Cryptocurrency financial services company Blockchain.com announced that it will be inaugurating its native non-fungible token (NFT) platform.
Speaking of other crypto projects, Gary Gensler said that these projects need to be under the regulatory realm by providing clear and straightforward information.
The winner of Mollà’s previous work automatically gained five whitelist spots for the latest collection, as well as an invite to a swish NFT event that is being hosted by Krew Studios on December 4.
The staking period will span from December 3rd to January 31st, giving interested participants ample time to get in on the launch process.
The extremely low transaction fee and high scalability of the Polygon blockchain have encouraged IDEX to launch its hybrid liquidity DEX on the network.
The proposed listing follows the Polygon ETP’s unveiling on the SIX Swiss Exchange last month.
The hackers managed to artificially boost the price of MONO tokens and then buy out all other tokens from the liquidity pools by draining the smart contracts.
Apart from staking program, BixBcoin has already announced the launch of several products within its ecosystem.
The launch of the Budverse cans attracted much interest from the masses with notable reports of temporary site crashes being recorded.
Kraken has joined other crypto exchanges that took advantage of the hype around the increased demand for the memecoin from retail investors.
Tornado Cash will integrate with Arbitrum to offer Ethereum Layer 2 benefits such as cheaper and faster transactions, as well as scaling opportunity.
The Kelly Ethereum Ether Strategy ETF will be an actively managed fund and will invest in cash-settled Ether Futures contracts.
The MOBOX and MOMOverse launch is the first metaverse to integrate with the Binance ecosystem and will be available from November 30.