Data finds institutional investors are choosing Cardano and Ethereum over Bitcoin
Data finds institutional investors are choosing Cardano and Ethereum over BitcoinThe global crypto market cap is $2.59 trillion with a 24-hour volume of $132.2 billion. The price of Bitcoin is $59,499.94 and the BTC dominance is at 43.4%.
by Juhi Mirza CoinShares data reveals a spike of inflows towards Cardano and Ethereum as compared to Bitcoin whose prices have taken a sudden plunge on Tuesday.
More news ⏬GridZoneDAO: The Decentralized Metaverse Is About To LaunchAs the Metaverse-Hype is surging, GridZoneDAO is about to open its gates: A P2E-Metaverse with exceptional artwork. Global crypto regulation: What’s on the horizon?Without an international regulatory framework for the crypto industry, small and medium enterprises may be forced to leave the global market. Solana-powered Genopets is redefining NFT gaming with its Move-to-Earn conceptGenopets is making a name for itself as the first Move-to-Earn MMORPG game. Ripple releases its crypto regulatory framework draft, recommends bigger CFTC roleThe blockchain company drafted its “immediate and pragmatic” approach for developing an effective policy framework, while offering an industry insider’s perspective on crypto regulation. Ethereum-based payroll tool Sablier expands to Polygon and Binance Smart ChainCompared to Ethereum gas fees, the launch of Sablier on Polygon will reduce gas fees for users by an anticipated 676,750%, while the Sablier deployment on Binance Smart Chain will lower gas costs by more than 12,000%. Valkyrie announces $100 million DeFi fund across blockchains like Avalanche and SolanaThe fund will include investments tied to a minimum of 24 assets distributed across 13 blockchains such as Solana, Avalanche, and Ethereum. Cinema chain AMC to accept Shiba Inu (SHIB) paymentsAMC Entertainment will officially support Shiba Inu payments, the company's CEO confirmed. U.S. senators hurry to retroactively tweak the infrastructure bill concerning cryptoWyden-Lummis duo reacts to amend the new cryptocurrency reporting rules laid out in the controversial provision. Mt. Gox Bitcoin redistribution plan approved, how might the market react?Plans are in place to return some of the Bitcoin to victims of the hack. The big worry is that Bitcoin could tank due to oversupply flooding the market. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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Crazy crypto valuations? Binance is reportedly worth $300 billion
Tuesday, November 16, 2021
The global crypto market cap is $2.65 trillion with a 24-hour volume of $151.4 billion. The price of Bitcoin is $60682.93 and the BTC dominance is at 43.2%.
Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade
Monday, November 15, 2021
The global crypto market cap is $2.81 trillion with a 24-hour volume of $96.38 billion. The price of Bitcoin is $64119.83 and the BTC dominance is at 43.0%.
Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status
Saturday, November 13, 2021
The global crypto market cap is $2.84 trillion with a 24-hour volume of $104.16 billion. The price of Bitcoin is $64705.53 and the BTC dominance is at 43.1%.
Ethereum’s Arrow Glacier upgrade delays Difficulty Bomb until June 2022
Friday, November 12, 2021
The global crypto market cap is $2.75 trillion with a 24-hour volume of $125.47 billion. The price of Bitcoin is $63194.15 and the BTC dominance is at 43.2%.
Hedera Network will soon see its first DeFi project
Thursday, November 11, 2021
The global crypto market cap is $2.84 trillion with a 24-hour volume of $167.88 billion. The price of Bitcoin is $64840.37 and the BTC dominance is at 43.0%.
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