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Weekly overview

Read more about the article Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers

Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

Bitcoin’s price fell below the $57,000 level on Nov. 18, sparking a widespread sell-off in ETH and altcoins. But traders say the current range presents an “attractive entry” for hodlers.…

Continue ReadingTraders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers
Read more about the article US lawmakers introduce bill to ‘fix’ crypto reporting requirement from infrastructure law

US lawmakers introduce bill to ‘fix’ crypto reporting requirement from infrastructure law

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

The bill proposes pushing back the mandated reporting requirements to 2026 as well as changing the definition of broker. A bipartisan group of United States lawmakers has introduced legislation to…

Continue ReadingUS lawmakers introduce bill to ‘fix’ crypto reporting requirement from infrastructure law
Read more about the article Traders expect Ethereum price to drop further ahead of Friday’s $550M options expiry

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

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

$550 million in ETH options expire on Nov. 19 and derivatives data suggest bears will apply more downward pressure to Ethereum price. Ether's (ETH) 330% year-to-date gain has been largely…

Continue ReadingTraders expect Ethereum price to drop further ahead of Friday’s $550M options expiry
Read more about the article ‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers

‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

In an exclusive interview with Cointelegraph, Rogers discussed the technology, tokenomics and outlook of the Minterest borrowing and lending protocol. Decentralized finance (DeFi) protocols have gained significant traction in the…

Continue Reading‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers
Read more about the article Acala wins first Polkadot parachain auction with over 32M DOT staked

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

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

The upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT)…

Continue ReadingAcala wins first Polkadot parachain auction with over 32M DOT staked
Read more about the article Eldrige leads Digital Currency Group’s maiden $600 million debt funding round

Eldrige leads Digital Currency Group’s maiden $600 million debt funding round

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

Davidson Kempner Capital Management, Francisco Partners, and Capital Group were among the investors in Digital Currency Group's debut into the debt capital markets. On Thursday, the Digital Currency Group (DCG)…

Continue ReadingEldrige leads Digital Currency Group’s maiden $600 million debt funding round
Read more about the article Bitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K

Bitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K

  • Post author:admin
  • Post published:November 19, 2021
  • Post category:Weekly overview

A snowball effect knocks BTC price through key support levels after today’s 6% drop sends Bitcoin to its lowest levels since mid October. Bitcoin (BTC) fell through key support levels…

Continue ReadingBitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K
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