__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__
Contact
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__
About
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__
Advertise with us
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

23RD NOVEMBER LATEST CRYPTO NEWS DIGITAL MAGAZINE

Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust.

A survey of about 42,000 people in 27 countries by product comparison website Finder showed a high adoption rate in Asia. Among the countries polled, Vietnam had the highest adoption rate at 41%, while India and Indonesia had a 30% adoption rate

Bitcoin’s rally has stalled in the past few days but select altcoins such as Z-Cash, Avalanche and Crypto.com coin CRO have risen sharply. This suggests that traders are focusing on coin-specific stories while Bitcoin takes a breather.

Bitcoin plunged below the 50-day simple moving average (SMA) on November 18 but the bulls successfully defended the critical support of £41,931 on November 19. However, the subsequent rebound fizzled out just above the 50-day SMA, indicating that bears are selling on rallies.

The BTC/GBP pair turned down on November 21 and the price has dipped back to the support at £41,931. The moving averages are about to complete a bearish crossover and the relative strength index (RSI) is in the negative zone, indicating that the path of least resistance is to the downside.

If the pair breaks and closes below £41,931, the selling could intensify and the decline could extend to £38,000. Contrary to this assumption, if the price rebounds off the current level, it will suggest strong accumulation on dips. The bulls will have to push and sustain the price above the moving averages to indicate that the selling pressure has reduced.

The pair could then rise to the overhead resistance at £48,426.53. We do not find any reliable setups, hence we are not recommending any trade in it.
Lastly please check out the advancement’s happening in the cryptocurrency world.

Enjoy the issue!


FEATURING IN THIS WEEKS EDITION

– QuiverX
– $Fren
– Mirai
– Feedcoin
– Gining to Services
– RMRK
– Mimir

– Beatbind
– Smartchem
– Degethal
– 99 Defi Network
– Giving to Service
– Bitcci
– Funganomics

CRYPTO TRADE OPPORTUNITIES

BITCOIN – BTC/GBP

Bitcoin plunged below the 50-day simple moving average (SMA) on November 18 but the bulls successfully defended the critical support of £41,931 on November 19.

However, the subsequent rebound fizzled out just above the 50-day SMA, indicating that bears are selling on rallies. The BTC/GBP pair turned down on November 21 and the price has dipped back to the support at £41,931. Read more

ETHEREUM – ETH/GBP

Ether bounced off the 50-day SMA on November 19 and rose above the 20-day exponential moving average (EMA) on November 20. However, the bulls could not build upon this move.

The ETH/GBP pair turned down on November 21 and has again dropped to the 50-day SMA. If bears pull the price below this support and £2,932.90, the selling could accelerate. The pair could then drop to £2,600.  Read more

RIPPLE – XRP/GBP

XRP has been trading inside an ascending channel pattern. The failure of the bulls to sustain the price above the resistance line of the channel on November 10 may have prompted selling from short-term traders.

The XRP/GBP pair could now drop to the support line of the channel, which is likely to act as a strong support. If the price rebounds off this level and breaks above the moving averages, the pair could continue its up-move inside the channel. The pair will then attempt to rally to the resistance line of the channel. Read more

CARDANO – ADA/GBP

Cardano broke below the critical support at £1.33 on November 18 but the bulls bought the lows and managed to defend the level. The subsequent rebound reached the 20-day EMA on November 20 but the bulls could not clear this hurdle.

The price turned down on November 21 and the pair has once again dipped to £1.33. If bears pull and sustain the price below this support, the ADA/GBP pair could start a downtrend. The pair could then drop to £1.10. Read more

BINANCE – BNB/GBP

The bulls attempted to propel Binance Coin above the overhead resistance at £493.20 but the bears were in no mood to relent. They aggressively defended the resistance prompting profit-booking from short-term traders.

The BNB/GBP pair turned down on November 15 and plunged near the strong support of £377 on November 18. The bulls purchased this dip, resulting in a strong rebound but higher levels again attracted selling.   Read more

Subscribe to the latest crypto news digital magazine for the latest updates about profit and loss in cryptocurrency.

CRYPTO TRADE OPPORTUNITIES

BITCOIN – BTC/GBP

Bitcoin plunged below the 50-day simple moving average (SMA) on November 18 but the bulls successfully defended the critical support of £41,931 on November 19.

However, the subsequent rebound fizzled out just above the 50-day SMA, indicating that bears are selling on rallies. The BTC/GBP pair turned down on November 21 and the price has dipped back to the support at £41,931. Read more

ETHEREUM – ETH/GBP

Ether bounced off the 50-day SMA on November 19 and rose above the 20-day exponential moving average (EMA) on November 20. However, the bulls could not build upon this move.

The ETH/GBP pair turned down on November 21 and has again dropped to the 50-day SMA. If bears pull the price below this support and £2,932.90, the selling could accelerate. The pair could then drop to £2,600.  Read more

RIPPLE – XRP/GBP

XRP has been trading inside an ascending channel pattern. The failure of the bulls to sustain the price above the resistance line of the channel on November 10 may have prompted selling from short-term traders.

The XRP/GBP pair could now drop to the support line of the channel, which is likely to act as a strong support. If the price rebounds off this level and breaks above the moving averages, the pair could continue its up-move inside the channel. The pair will then attempt to rally to the resistance line of the channel. Read more

CARDANO – ADA/GBP

Cardano broke below the critical support at £1.33 on November 18 but the bulls bought the lows and managed to defend the level. The subsequent rebound reached the 20-day EMA on November 20 but the bulls could not clear this hurdle.

The price turned down on November 21 and the pair has once again dipped to £1.33. If bears pull and sustain the price below this support, the ADA/GBP pair could start a downtrend. The pair could then drop to £1.10. Read more

BINANCE – BNB/GBP

The bulls attempted to propel Binance Coin above the overhead resistance at £493.20 but the bears were in no mood to relent. They aggressively defended the resistance prompting profit-booking from short-term traders.

The BNB/GBP pair turned down on November 15 and plunged near the strong support of £377 on November 18. The bulls purchased this dip, resulting in a strong rebound but higher levels again attracted selling.   Read more

Subscribe to the latest crypto news digital magazine for the latest updates about profit and loss in cryptocurrency.

The Advantages of BBND for Fans, Artists, and Event Organisers

Music events are one of the most profitable businesses in the music industry. Many business models are centred around music, as the demand over the past decades has never diminished. Music industry live shows appear to run smoothly but many complications prevail on the backend. But the introduction of blockchain in the music industry promises to rejig the industry and the way it functions.  Read more

Event TypePerformersVenues
Live MusicDJs, singers, dancers, bands, and promotersBars, nightclubs
Concerts & FestivalsDJs, singers, bands, and dancersStages, complexes, historical landmarks
Private PartiesDJs, singers, dancersCottages and hotels
Fetes & GalasClassical musicians, speakersHigh-end hotels, universities, museums, galleries
WeddingsDJs, singers, dancers, priests, magiciansHotels and restaurants

Ways in which DeGethal is solving the problems of the existing crypto market

The overview of the Defi industry

Banking and financial services are not yet accessible by people in many countries around the globe. On the other hand, the total number of people using mobile phones today has grown manifold. Today, over 5 billion people globally own as well as use mobile phones, and this network of users has zero access to the global financial ecosystem. As per the latest World Bank Global report, 1.7 billion adults around the globe do not have any access to financial services. This prompts people to search for alternative ways, and this is where cryptocurrencies come into the picture.

bitcci: Adopting Blockchain For The Sex Industry

Even though the sex industry is a billion-dollar industry, it has still been sidelined with many controversies. Ironically, the sex industry plays a huge influential role, especially in the US economy, and yet it is one of the most forgotten industries. The consumption of sex in terms of products and services continues to be on the rise. According to Allied Market Research, the sex industry generated up to $200 billion in 2020. The number is set to rise in 2021. read more

RMRK’s ‘NFT Legos’: the most advanced NFT system in the world!

If you are a crypto investor, then you must be familiar with the concept of NFTs. In essence, NFT or non-fungible tokens are a powerful concept that has emerged from the blockchain system. NFTs are designed to secure digitally created content, offer provenance, and are also capable of encoding conditional transactions, all of which are embedded within the blockchain. This embedded nature makes the NFT immutable at a very high level. As a result, every entry gets cryptographically linked as well as gathered in blocks, with every entry being cryptographically linked within a sequence. Read more

Mirai announced #mission6: “We are ready to accelerate sustainability through crypto!”

(World, Nov 2021), Mirai Labs, the crypto ecosystem that is accelerating the creation of a sustainable world 3.0, announced on Twitter its viral marketing and product plan for the next 6 months called “#mission6”. The most recent partners and business results were mentioned too.

Mirai accelerates the creation of a sustainable world 3.0 by bringing the power of DeFi, NFTs, GameFi and UX to the next generation of sustainable consumers, investors, entrepreneurs, and brands. read more

Funganomics, A gaming and NFT Marketplace, Closes First Round of Private Sale

Funganomics, a gaming and NFT platform, has announced the closing of its first round of investment from a private sale. They haven’t named the specific investors who took part in the private sale. This investment will be crucial in helping this platform scale and achieve its targets for the year.

The company said that the investment will be used to scale up on staff, procure for additional software technology and also upgrade its hardware infrastructure. The CEO and Founder of the company, Jeremy Roberts, said: read more

Just buy it: Nike wants to bring sneakerheads into the Metaverse

Nike intends to sell you digital products in the Metaverse, and you will buy them because Nike knows how to make you want them. Look at your feet. A lot of you (raises hand) are wearing Nikes right now. For the fiscal year ending May 31, 2021, Nike reported its revenue was up 19% to $44.5 billion for the year. But that’s here. What about in the Metaverse?

Twitter Expands Bit- coin Lightning Tips Feature For Android

Social media platform Twitter has expanded its Bitcoin Lightning Tips feature for Android users. Launched in September 2021 for iOS only, the feature allows users to set up a BTC Lightning address to receive tips from their followers. Related Reading | Why Hillary Clinton Thinks Bitcoin Undermines The U.S. Dollar

Jack Dorsey’s Square Releases Whitepaper for New Decentralized Bitcoin Exchange

Payments giant Square is detailing its plans to release a new decentralized protocol for exchanging Bitcoin (BTC) and other crypto assets. Square’s new TBD division recently released a whitepaper outlining their plans to create tbDEX, an easily-accessible crypto exchange that aims to bridge users from fiat currencies to digital assets. “The vast majority of people receive wages and pay for goods and services in fiat currency. They must pay taxes in fiat currency. So how do we unleash the potential of Bitcoin and decentralized financial infrastructure, when most of us still live in a world of fiat? To do so, we need to build bridges between the fiat and cryptocurrency world

El Salvador to inaugurate Bitcoin City backed by $1B BTC bonds

The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream. El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds. The initiative was first announced by Bukele at El Salvador’s Bitcoin Week conference, which sought to celebrate Bitcoin’s mainstream adoption in the country and increase citizen participation. 

Over $18.24 billion transacted on Cardano in a single day last week

Cardano’s on-chain transaction volume is only behind that of Bitcoin as it has flipped that of Ethereum and other altcoins. Cardano’s silent rivalry with Ethereum seems to be gaining traction as the on-chain transaction volume seen on its blockchain almost doubles that of the network of the second largest crypto asset by market cap

Citigroup to Hire 100 People for Its Crypto Division

Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing, fractionalization, programmability, and

Bitcoin Reacts to Biden Picking Je- rome Powell as Federal Reserve Chair For A 2nd Term

Bitcoin is currently hovering around $56k and Ether above $4,000 while funding rates normalize, indicating euphoria not high in the market. Bitcoin jumped 5.3% to nearly $59,550 as Federal Reserve Chairman Jerome Powell got nominated for a second term. The nomination next heads to the Senate for confirmation.

Commonwealth Bank of Australia recogniz- es risks in missing out on crypto

We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play. Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out on crypto than those associated with its adoption.