__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__
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__
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__

__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__

30TH 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.

The crypto markets nosedived on November 26 and Bitcoin plunged to a seven-week low below $54,000. The selling was triggered on reports that a new heavily-mutated variant of the coronavirus was detected in South Africa. The latest fall pushed Bitcoin into the bear market territory as the price dropped more than 20% from the all-time high.

Bitcoin plunged below the strong support of £41,931 on November 26 but a positive sign is that the bulls aggressively defended the 100-day simple moving average (SMA). The BTC/GBP pair rebounded off the 100-day SMA on November 28 and reached the overhead resistance at the 20-day exponential moving average (EMA) on November 29. 

The bears are currently attempting to stall the relief rally at the 20-day EMA. If the price turns down from the current level and breaks below £41,931, the bears will once again try to challenge the 100- day SMA. 

A break and close below this level could intensify selling and the pair may drop to the £38,000 to £35,500 support zone. Contrary to this assumption, if the price turns up and breaks above the 20-day EMA, it will signal that the bears may be losing their grip. The pair could then rise to £45,306.70. The bullish momentum could pick up if bulls clear this overhead hurdle. The pair may then challenge the £48,426.53 to £51,000 resistance zone. 

 
Lastly please check out the advancement’s happening in the cryptocurrency world.

Enjoy the issue!


FEATURING IN THIS WEEKS EDITION

– QuiverX
– Candao
– $fren
– Mirai
– Giving to Services

– Mimir
– Xanto
– Funganomics
– Feedcoin

CRYPTO TRADE OPPORTUNITIES

BITCOIN – BTC/GBP

Bitcoin plunged below the strong support of £41,931 on November 26 but a positive sign is that the bulls aggressively defended the 100-day simple moving average (SMA).

The BTC/GBP pair rebounded off the 100-day SMA on November 28 and reached the overhead resistance at the 20-day exponential moving average (EMA) on November 29. Read more

ETHEREUM – ETH/GBP

Ether bounced off the £2,932.90 support on November 26, indicating that bulls are defending this level aggressively. The bulls pushed the price above the 20-day EMA on November 29, signaling that the selling pressure may be reducing.

The 20-day EMA has started to turn up gradually and the relative strength index (RSI) has risen into the positive territory, indicating that bulls are attempting a comeback.  Read more

RIPPLE – XRP/GBP

XRP plunged below the support line of the ascending channel on November 26 but a minor positive is that bulls defended the strong support at £0.6911.

The bears again attempted to pull the price below this support on November 28 but the bulls defended the level aggressively as seen from the long tail on the day’s candlestick. Read more

CARDANO – ADA/GBP

Cardano has been trading inside a descending channel for the past few days. The price bounced off the support line of the channel on November 28, indicating that bulls are buying on dips to this level.

However, the bulls are struggling to build upon the bounce. This suggests that buying dries up at higher levels. Read more

BINANCE – BNB/GBP

Binance Coin broke above the 20-day EMA on November 23 and rallied to the overhead resistance at £493.20. The bulls could not push the price above this barrier on November 25 and 26, which may have prompted profit-booking.

The BNB/GBP pair plunged below the 20-day EMA on November 26 but the long tail on the day’s candlestick indicates strong buying at lower levels. The price is currently stuck between the 20-day EMA and £493.20.   Read more

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

Candao Project is Unlocking People’s Talents by Bringing Them Under One Roof

Several innovations have emerged since the advent of blockchain technology. A good example is the decentralized autonomous organization (DAO). There is no central leadership in a DAO, and it supports and benefits its members the same way a physical community would. In a similar vein, Candao also aims to offer the same benefits to its users through a decentralized social media ecosystem. 

The Candao project proposes a decentralized ecosystem where members’ opinions are valued. The contributions of every member are appreciated, no matter how small. It is an open platform that does not require centralized administration.  Read more

Fren: A Network Utility Token

Is it wrong to say social networks are at the core of modern Internet activity? Probably not! Online socializing has been fueled by the Internet, with social media becoming the most popular online activity. More than 80% of the world’s businesses are using social media to conduct their business. Although, there are more centralized social networks. In a centralized social network, all interactions, including private messages, are accessible by moderators. Thus, this poses a serious threat to the privacy of users. That’s where fren comes in. Read more

Intelligent Fluids: Generate and Design Fluids in an Innovative Way!

In general, some materials are called intelligent when they can change their properties under various external stimuli and learn from the environment. Recently, these materials have gained tremendous popularity and expanded the range of their applications. read more

XAN – Xanto Biotech Firm Launches Native Token XAN

The advancement of technology is taking the financial industry by storm with the key objective of accessing financial services with ease without compromising quality and reliability. Blockchain technology favours the financial industry with more advanced solutions to not only make payments but also to favour investments. As such, many companies are introducing financial and investment solutions in line with blockchain technology, considering that it is currently the ongoing buzz. As such, Xanto is not only implementing blockchain technology but it has also introduced XAN, its crypto token.  

XAN is a utility token that can be exchanged for a commodity, more specifically, the xanthohumol. Xanthohumol refers to a commodity from Xanto, which is a natural extract from hop cones. This token, XAN, is built on the TRON blockchain tech. The TRON ecosystem is designed to provide a secure environment to hold, buy, as well as sell XAN tokens. Many projects choosing TRON blockchain benefit from low transaction costs and better efficiency and scalability.  Read more

Funganomics Game-Changing Ecosystem for NFTs and NFT Gaming

Funganomics, a community-based Non-Fungible Token (NFT) project, is serving as a game-changer in the gaming industry. Funganomics plays a key role in bringing together PTE gamers and NFT digital collectors from across the globe through FGS Games. 

This platform seeks to join the likes of Axie Infinity and Bored Ape after launching its project. The concept of receiving an income in the gaming industry not as a developer or one of the top positions in the industry but as a player. This is where entertainment meets investment proving that the adoption of NFTs in the gaming world comes with benefits. The potential for profit in the gaming industry is likely to encourage more non-blockchain focused brands to venture into NFTs.  read more

METAVERSE TOKEN SAND RALLIES 75% IN 1 WEEK TO BECOME TOP 50 CRYPTOCURRENCY

Popular Metaverse token SAND catapulted into the top fifty cryptocurrencies by market capitalization yesterday at number 35, after growing 76% in the last 7 days, according to data from CoinMarketCap. SAND is the native utility token for an upcoming open-world blockchain game called The Sandbox, and it has been rallying for a whole month now; it even weathered a marketwide pandemic-related crash.

El Salvador ‘Buys the Dip’ Again and Purchases More Bitcoin Amid Price Pullback

El Salvador is buying the dip again as the price of Bitcoin (BTC) suffers through a pullback. The country’s president, Nayib Bukele, tells his 3.1 million Twitter followers that El Salvador is purchasing 100 BTC “at a discount.” Bitcoin’s price plummeted by more than 7% on Friday as markets worldwide got rattled by the discovery of a new coronavirus variant. The largest crypto by market cap is trading at $54,423 at time of writing.

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank Admits True to its hardline stance on decentralized digital money, the Central Bank of Russia (CBR) has recently stated that cryptocurrency operations “carry significant risks for financial stability and investors as well as climatic risks.” The warning has been issued with its Financial

Bank of England chief expresses concern over El Salvador’s Bitcoin experiment

A ndrew Bailey continues to slam Bitcoin in his latest address by calling the El Salvador experiment concerning. Speaking at the Cambridge University students union on Thursday, Bank of England Chief Andrew Bailey expressed worry for the citizens of El Salvador following the country’s adoption of Bitcoin as legal tender. Bailey said the move to adopt Bitcoin within a dual currency system was concerning, while also adding that volatility would impact most detrimentally

A Tipping Point for Australia’s $2.4 Trillion Pension Fund Industry? First Super Fund Gives Crypto A Go-Ahead

A midst the concern among Australia’s pension fund industry regarding investing in crypto, Rest Super has become the first Australian superannuation fund to signal interest in exposing member portfolios to the asset class. Rest Super’s CIO Andrew Lill gave crypto the go-ahead at the fund’s annual general meeting on Tuesday evening, telling members that a small portion of their funds will soon be invested in crypto assets. “It’s still a very volatile investment, so any allocation exposure we make to cryptocurrencies is likely to be part of our diversified portfolio as initially a fairly small

Binance Resumes Dogecoin Withdrawals After Tech Issue, Elon Musk Spat

DOGE is flowing again at Binance after an “unfortunate coincidence” triggered a technical issue. In brief Binance has resumed Dogecoin withdrawals following recent technical issues. Elon Musk and Binance CEO Changpeng Zhao (CZ) got into a Twitter spat about it last week.

SONY PICTURES AND AMC THEATRES COLLABORATE TO OFFER EXCLUSIVE SPIDER-MAN™ NFTS

T O AMC MEMBERS WITH ADVANCE TICKET PURCHASE OF SPIDERMAN: NO WAY HOME Sony Pictures and AMC Theatres announced today that, in anticipation of the upcoming release for Sony Pictures’ Spider-Man: No Way Home, members of AMC Theatres’ Stubs Premiere & A-List, and AMC Investor Connect, will receive an exclusive Spider-Man™ NFT

Former Wall Street Banker Partners With Ethereum Competitor for New $1,500,000,000 Crypto Fund

A former Citigroup executive is shaking up the crypto investment space with a $1.5 billion venture, partnering with a leading layer 1 altcoin project. Hivemind Capital Partners is an investment firm founded by Matt Zhang, a 14-year Citigroup Inc veteran. In a press release, Zhang announces Hivemind’s mission to provide solutions to early blockchain entrepreneurs through the creation of a new “tailor-made crypto investment platform.”