Crypto News 11/4: Bitcoin is testing support again at risk of falling to $ 55,000 with the news Ripple, Shiba Inu, Axie Infinity, Solana, Binance, GameStop, Libre, Star Sharks, Kucoin, NFT
Perceiving that Bitcoin is likely to return to the $ 55,000 region, Axie has officially implemented Infinity Katana. Here are some highlights from the crypto market.
Bitcoin news
Market data and TradingView show BTC / USD is back below the $ 62,000 region this morning. The trading pair has had a tough day after hitting a high of $ 64,000.
While some argue that this price action is a gift to investors looking to get into the BTC market before the price continues to rise, analysts are more focused on the framework.
#BTC + $ ETH thoughts:
Read my previous thread. https://t.co/oY2QAO4e1b
It’s unfolding exactly as I expected: BTC has completed its jump to 64k and the ETH cycle hit 4600+
If we pull back now, see if we actually go that deep.
If correct, BTC up to ~ 55k and ETH 37-3800– Crypto_Ed_NL (@Crypto_Ed_NL) November 4, 2021
BTC has retested the $ 60,000 region three weeks in a row, according to Rekt Capital. Meanwhile, Crypto Ed said the BTC price action turned out exactly as he predicted. It finished a rally to $ 64,000 and the ETH cycle hit 4,600+. However, he also predicts that BTC is likely to drop in the $ 55,000 region and ETH will return to the $ 3,700 to $ 3,800 region.
Ripple News
According to developer Wietse Wind, XRP Ledger stopped processing transactions for a short time today.
Update: It didn’t take 2 minutes (my original tweet) but 15 minutes. At the time of the tweet (because I have decent monitoring and was immediately warned) the counter was missing at 2 minutes.
Also: 4 validators failed: This was caused by the fact that many more failed.
– WietseWind – ???? XUMM @ XRPL Labs (@WietseWind) November 3, 2021
Each server in the log relies on its own Unique List of Nodes (UNL) to validate the new ledger.
The quorum requirement is set at 80%. If more than 20% of the validators cannot reach consensus or are unavailable, the network will not be able to confirm new transactions.
As explained by Wind, four validators ran out, causing the quorum number to drop below the required threshold.
News Shiba Inu
Coinbase Pro announced on Wednesday that its users can now trade Shiba Inu cryptocurrency for euros and pounds.
The order book for new trading pairs (SHIB – EUR and SHIB – GBP) is currently in full trading mode.
Trading in our SHIB-EUR and SHIB-GBP order books will start shortly. Books now switch to post-only mode. Customers can place limit orders, but there will be no matches (completed orders). The books will be in post-only mode for at least 1 minute.
– Coinbase Pro (@CoinbasePro) November 3, 2021
Axie Infinity news
On the afternoon of November 4th, Axie Infinity announced the official deployment of Katana, a DEX / AMM platform that operates on the Ronin sidechain.
Today we are one step closer to a more prosperous future for our nation
Katana, the Ronin Dex, is live!
You can now deposit liquidity and exchange tokens. RON rewards will be activated for the AXS / ETH and SLP / ETH pools later this week.
Complete articlehttps://t.co/4vD5PLp4F5 pic.twitter.com/QXmEs5YfOj
– Axie Infinity???????? (@AxieInfinity) November 4, 2021
Upon launch, Katana will support trading assets including: Axie Infinity Shards (AXS), Smooth Love Potion (SLP), Wrapped Ethereum (WETH) and USD Coin (USDC), with ETH / USDC pools, AXS / ETH and SLP / ETH.
Users can participate in in-game asset swaps, provide liquidity to supported pools to receive LP tokens, and then participate in LP token staking to receive RON tokens.
news
According to Forbes, Solana has grown by around 15,300% since the beginning of the year, according to new data from the analysis agency Messari.
Even today, SOL is still one of the most attractive tokens on the market. It is currently trading at $ 237.20 after hitting an ATH at $ 247 in November.
Solana prices are up more than 15,000% this year https://t.co/Hzzrz9qIJU pic.twitter.com/z3FyqSXUnY
– Forbes crypto (@ForbesCrypto) November 4, 2021
Binance news
Binance Exchange and France FinTech, the leading non-profit organization whose mission is to promote the development of FinTech in France announced launched the € 100 million “Objective Moon” initiative to support the development of the French and European cryptocurrency and blockchain ecosystems.
The “Objective Moon” initiative sponsored by Binance to support the development of the Binance Research and Development Center in France and the Objective Moon Accelerator with distributed ledger technology and an online educational tool to develop talent in the blockchain and Developing crypto industry in France. The educational program is created in collaboration with France FinTech and Ledger.
GameStop news
GameStop is looking for an accounting specialist in NFT, cryptocurrency and other blockchain technology applications, according to a job posting published on November 3rd.
GameStop posted 36 new jobs today, including a position as Blockchain Accounting Manager.
“GameStop is looking for an energetic accounting manager ready to lead the emerging field of accounting for NFTs, cryptocurrency and other blockchain technologies.” pic.twitter.com/fhD2CkbdXc
– GMEdd.com (@GMEdd) November 4, 2021
The new employee will work with GameStop’s business and technology development teams and oversee the NFT platform’s accounting processes.
Last month the company started looking for “Head of Web3 Gaming” and added a number of other crypto-related positions.
Messages free
Libre (LIBRE) will conduct its IDO on November 8th and 9th on LavaX Labs and AvaXlauncher.
According to the announcement, LIBRE IDO will take place on November 8th at 23:00 (UTC) on LavaX Labs and on November 9th on AvaXlauncher.
LIBRE tokens will be listed on November 10th on PancakeSwap, QuickSwap and Trader Joe. The IDO price is $ 0.13. The initial circulating supply is 6.6 million LIBRE. The initial market capitalization is $ 858,000.
The time has come! $ free starts NEXT WEEK!
IDOs @Lavax_labs and @AvaXlauncher
Followed by start on @PancakeSwap @traderjoe_xyz & @QuickswapDEX
Get ready! $ lavax $ avxl $ bnb $ matic $ avax pic.twitter.com/nrT2Z19wM4
– Libre DeFi (@LibreDeFi) November 3, 2021
News star sharks
Binance Labs, Binance’s venture capital arm and incubator, has announced its strategic investment in Star Sharks, the community-run Metaverse project.
With this strategic investment, Star Sharks will play an important role in expanding the gaming sector in the BSC ecosystem.
The first Star Sharks game, Starsharks.Warrior, is based on the BSC chain and is slated for a 3D NFT mobile game in November.
You’ve heard of the metaverse … but what about a shark metaverse?#Binance Labs makes a strategic investment in. known @StarSharks_SSS, a community-run shark metaverse ⬇️https://t.co/nEzEUeFo6T
– Binance (@binance) November 2, 2021
Kucoin news
The cryptocurrency exchange KuCoin announced the opening of a virtual office in a skyscraper on the Bloktopia Metaverse platform.
In notification On Tuesday, KuCoin said it will join the Metaverse by opening an office on Bloktopia’s platform that is shaped like a skyscraper. The virtual building has 21 different zones to collect a total of 21 million Bitcoin (BTC) and is designed to house other content creators, including Polygon and Avalanche.
The meta-office will allow users to decorate cyberpunks, interact with virtual furniture, and chat and interact with each other in a virtual environment.
News polychain monster
Polychain monsters gave debut PMON token on polygon (MATIC)
Polychain Monsters, the ERC20 version of PMON, is officially arriving at Polygon. The team will provide PMON with liquidity on SushiSwap (via Polygon).
To migrate PMON tokens from Ethereum or Binance Smart Chain to Polygon, users can use the recently released Tixl Cross-Chain Bridge v2 UX.
NFT news
Football club FC Barcelona has partnered with Ownix to launch an NFT collection that focuses on strengthening connections with a global audience.
According to archive data from Wikipedia, the NFT series will feature moments from the club’s 122 year growth, including a display of 95 domestic and international titles, with 26 domestic championships and 5 UEFA Champions League titles.
The digital assets will be created via the Ownix marketplace and will probably be launched in the last week of November with the platform’s ERC-20 ONX token.
Barça cooperates with @ownix_nft Create NFTs with iconic moments from club history
Whole story: https://t.co/eirfYpu7IA pic.twitter.com/QwlrNJOBOt– FC Barcelona (@FCBarcelona) November 4, 2021
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