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2021-12-04 22:20:06 Something quite unavoidable happened. At one point, Bitcoin had gone below $52,000 and almost crawled back up to $50,000.

Bitcoin once again shattered the Ethereum trend. If not long ago, the second-largest cryptocurrency by market cap had good chances of re-assaulting $5,000, then today, the situation has changed drastically. Now, the largest altcoin is on the verge of a new dump, and another collapse of BTC could easily send it tumbling down that hole. If the worst-case scenario continues to play out as it has been, then the next stop for ETH is in the $3200 – $3500 range.

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2021-12-04 18:59:07 News of the day: OVR: How AR will boost the metaverse, Central Bank of Tanzania aims to create its own digital currency, FBI seizes more than $2.1M in Bitcoin (BTC) from Russian cybercriminal

OVR: How AR will boost the metaverse

Central Bank of Tanzania aims to create its own digital currency

FBI seizes more than $2.1M in Bitcoin (BTC) from Russian cybercriminal

UK considers NFT a potential tool for financial crime Ouvert / Commentaire

2021-12-04 14:41:20 Altcoins on 4th December 2021 — Kadena (KDA) down, Cosmos (ATOM) up!

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2021-12-04 08:00:58 The 5 TOP coins today:

Bitcoin (#BTC) - $52,226 (-7.69%)
#Ethereum (ETH) - $4,077 (-10.07%)
#Binance Coin (BNB) - $569.74 (-7.44%)
Tether (#USDT) - $1.0 (+0.12%)
Solana (#SOL) - $198.17 (-14.29%)

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2021-12-04 00:36:52 Learn more about

…crypto trading

…Monero cryptocurrency (XMR).

…how much institutional investors have poured into crypto over the last week

…the opinion of Cardano founder Charles Hoskinson on why Cardano is better than Ethereum. Ouvert / Commentaire

2021-12-04 00:32:19 Ether and BTC update

BTC started the week with $57,000 and reached $57,076 by the end of the week – the latest review can be read here.

ETH started the week at $4,418 and reached $4,622 by the end of the week – the latest review can be read here.

TOP 4 altcoins of the week

Altcoin Omicron (#OMIC), sharing the name with the Omicron strain of COVID-19, brought a return on investment of 1200% in just a week.

Litecoin is showing signs of a new bullish trend with a 12% increase. This is the largest one-day percentage gain of the altcoin since 5th May.

Axie Infinity (#AXS) is completing consolidation and preparing for a new phase of growth. Technical indicators confirm the bullish mood and the continuation of the upward dynamics with a potential exit from the channel.

Sandbox (#SAND) proved to be the most successful, bringing its holders over 20% profit.

TOP 4 altcoin losers of the week

The loser of the week with a loss of about 12% becomes Crypto.com Coin (#CRO). The coin is close to the lower border of the trading channel.

Elrond (#EGLD) becomes the most unprofitable project among the TOP 100. It brought its holders a more than 4% loss.

WAX (#WAXP) continues its rapid decline. The loss is 7%.

Horizon (#ZEN) brought a 10% loss to its holders. Ouvert / Commentaire

2021-12-04 00:26:12 Read top stories of the previous week to catch up on the news.

Jack Dorsey resigned as CEO of Twitter
Kelly ETFs applies to launch Ethereum ETF
Changpeng Zhao gives away custom Doge Tesla and $50,000 in Dogecoin (DOGE)
SEC Head Gary Gensler urges crypto exchanges to centralise
Elon Musk criticises Web3

Jack Dorsey is no longer CEO of Twitter

Jack Dorsey resigned after being the CEO of Twitter for 8 years. Moreover, Dorsey is an active supporter of Bitcoin (BTC) and other cryptocurrencies, who considers them our future. His love for digital assets has largely been reflected in the development of Twitter in recent years.

Dorsey explained his decision by saying that when someone runs a company for too long, it limits its opportunities. After this announcement, Twitter shares rose by 11%.

Kelly ETFs applies to launch an Ethereum ETF

Investment company Kelly Strategic Management has sent an application to the SEC to launch an exchange-traded fund (ETF) based on Ethereum futures. Bloomberg analysts Eric Balchunas and James Seyffart estimated a 20% chance of approval of this ETF.

Ethereum can receive a significant amount of inflow, just like its predecessor, which brought more than $1 billion (~£756 million) to the cryptocurrency market on the first day after listing.

Changpeng Zhao gives away Doge Tesla and $50,000 in Dogecoin

Binance CEO Changpeng Zhao announced a giveaway with custom Doge Tesla and $50,000 (£37,500) in DOGE as prises.

Binance blew up Twitter with this news. The giveaway of a custom Doge One Tesla Model 3 car under the hashtag #DOGEorTesla broke into the global Twitter trends. The event will last until 14th December.

Gary Gensler urges crypto exchanges to centralise

The head of the SEC, Gary Gensler, called on cryptocurrency trading platforms to centralise and work with the SEC. During the DACOM 2021 summit, the regulator announced that instead of protecting consumers, the agency intends to offer digital asset exchanges to register their activities with the SEC. Only then they are ready to discuss topics such as token storage with the platforms.

And yesterday, on 2nd December, Gensler spoke about the requirements for companies that want to issue spot Bitcoin ETFs. Platforms should be registered, provide investor protection, proper protection against manipulation and transparency, as well as address storage issues.

Elon Musk criticises Web3

This week, the businessman spoke out against OpenAI CEO Sam Altman and Web3.

Musk clearly and briefly wrote, “Web3 sounds like bs.” Probably, the entrepreneur meant that Web3 would not be as revolutionary as investors and the public expect. Moreover, Musk has repeatedly pointed out that the technology introduced for the general consumers will play a cruel joke. Ouvert / Commentaire

2021-12-03 22:35:54 Today, we're allocating the usual £40 as follows:
£10 – ETH
£10 – BNB
£10 – ENS
£10 – BTC

The market has undergone a correction, and most coins have pulled back from their highs. We believe we’ll still witness new highs before the end of the year. Today, unlike in previous weeks, we’re putting some money into Bitcoin as it has been sitting at the same level for too long. That said, PlanB suggests that BTC could hit an all time high before the end of the year.

As for BNB and ETH, everything is clear here – these ones are strong crypto assets, which can singlehandedly pull your portfolio out of a bad situation. ENS is a relatively new coin in our portfolio, we believe it'll resume its growth after the correction wave ends. This is evidenced by the market's interest in .ETH domain names, many of which have already been taken.

Portfolio
#dcaexperiment Ouvert / Commentaire

2021-12-03 22:32:24 It turns out that some of you have noticed that we haven't reported on the DCA experiment for two weeks and haven't posted anything on our Ethereum staking for a while now. We've only realised that from the results of the survey we’re currently running. Thanks to all those who participated! And for those who haven't filled out the form yet, we kindly ask you to do so. The survey will take a couple of minutes, and it's fully anonymous.

As you may recall, we began the experiment on 8th July with an investment of £92. Then we started adding £30-40 every week. The total amount invested so far is £659, with a profit of £607. The current total on the account is £1266. We continue adding to our portfolio on a weekly basis.
Ouvert / Commentaire

2021-12-02 14:36:02 Altcoins on 2nd December 2021 — Horizen (#ZEN) down, Terra (#LUNA) up!

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