Market

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.

https://twitter.com/Crypto_Ed_NL/status/1456172478674448384?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
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.

https://twitter.com/WietseWind/status/1455910226876641283?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
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.

https://twitter.com/CoinbasePro/status/1455973126999838727?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

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.

https://twitter.com/AxieInfinity/status/1456161289722548225?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
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.

https://twitter.com/ForbesCrypto/status/1456111750428962817?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

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.

https://twitter.com/GMEdd/status/1456085909527535624?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
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.

https://twitter.com/LibreDeFi/status/1455928670372179976?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

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.

https://twitter.com/binance/status/1455380194038992899?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

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.

https://twitter.com/FCBarcelona/status/1456209027361169410?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Synthetic Team

Bitcoin magazine

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

3 minutes ago

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

1 hour ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

1 hour ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

5 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

11 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

14 hours ago

This website uses cookies.