Crypto News 11/18: Bulls bet $ 100,000 on Bitcoin by the end of the year with Ripple, Banksea, Synapse, Dogecoin, Oasis, Shiba Inu, XDEFI, FairSide Network News
From the point of view that the bulls still believe that Bitcoin will hit the $ 100,000 mark by the end of the year as SHIB is the most widely held ERC-20 token by ETH whales. Here are some highlights from the crypto market.
As volatility in the cryptocurrency market increases rapidly, perpetual bitcoin futures contracts have skyrocketed. Many traders are betting that Bitcoin will hit $ 100,000.
Options expiring on December 31st saw a sharp surge in open interest after Bitcoin fell to the $ 59,000 region. According to the data provided, traders mainly bet on call options with great dominance.
For options that expire on December 31, 2021, we can see an enormous dominance of call options.
the #Bitcoin Bulls bet big, with large open-interest clusters at strike prices of:
– $ 100,000 (OI = $ 500 million)
– $ 120,000 (OI = $ 420 million)
– $ 200,000 (OI = $ 380 million)
– Glass node (@glassnode) November 17, 2021
The $ 100,000 open interest remains at $ 500 million and the $ 200,000 region has $ 380 million open interest. In total, traders have bet over $ 1.3 billion on Bitcoin and forecast the asset to top $ 100,000 by the end of the year.
An anonymous XRP wallet address has withdrawn large amounts of tokens from centralized exchanges. Right now, XRP is changing hands at $ 1.09.
According to Whale Alert, a whale-level address has withdrawn 12.7 million XRP from the CoinOne exchange and moved it to an unknown wallet.
– Whale alert (@whale_alert) November 17, 2021
Banksea Finance notification Integration with Moonbeam, the Ethereum-compatible smart contract platform on Polkadot. This integration gives Moonbeam users access to an AI-powered NFT pricing mechanism that provides an NFT pool-based credit solution.
The integration of Banksea with Moonbeam will be a milestone for the multi-chain implementation. The Banksea development team will have access to Moonbeam’s growing community.
This integration will also increase the liquidity of the assets in the Moonbeam ecosystem by allowing users to conduct AI-powered NFT Oracle and NFT pool loans. This means that the Moonbeam and Polkadot communities will be able to rate their NFTs through the Banksea NFT Oracle and collateralise the NFTs to borrow from Banksea.
The Synapse Protocol is now available on Moonriver.
Synapse, the cross-chain layer protocol, is now available on Moonriver and will be coming to Moonbeam in the near future.
This integration enables MOVR token holders to transfer assets and transfer them from Moonriver to other chains like Ethereum, BSC, Polygon, etc.
We are now also a bridge partner of @fraxfinance and combine these two things to ..
– Synapse protocol (@SynapseProtocol) November 16, 2021
Dogecoin may have exploded in the market earlier this year, according to an official with the Reserve Bank of Australia, but it could unpopular how people think.
Tony Richards, Head of Payments at RBA, questioned the veracity of surveys that showed high rates of crypto adoption.
He specifically mentioned a recent survey that found that 5% of all Australians own the Dogecoin meme cryptocurrency.
Richards explains that such online surveys are likely to exclude the elderly and areas with poor internet connections.
The Oasis Foundation, the organization behind the Cosmos-based privacy-enabled blockchain network Oasis, is launching a $ 160 million ecosystem development fund.
According to a press release on Wednesday, the fund will fund decentralized applications from Oasis, including DeFi, NFT, DAO, Gaming and Metaverse.
Oasis is a proof-of-stake blockchain developed using the Cosmos SDK. His main focus is on building a privacy-preserving dApp ecosystem with an architecture that consists of two main components: the consensus layer and the ParaTime layer.
1 / Announcement of the ???? 160 million USD OASIS ECOSYSTEM FUND ???? to support and scale projects based on Oasis!
$ 160 million to build the next frontier of DeFi, NFT, Metaverse, Data Tokenization, Data DAO, Data Governance & Privacy Apps on Oasis! ????https://t.co/xRLurcEKAg
– Oasis Foundation (@OasisProtocol) November 17, 2021
News Shiba Inu
According to data from WhaleStats, the world’s 1,000 largest Ethereum (ETH) wallets currently hold SHIB tokens valued at a whopping $ 2.35 billion, which is roughly 9% of Shiba Inu’s total market cap.
Shiba Inu (SHIB) is at 2.35 billion. The second largest holding asset is Crypto.com’s CRO token, which is 5.54% at $ 603.9 million.
???? #ShibArmy Congratulations! The king is coming back!
– WhaleStats – the Top 1000 Ethereum Richlist (@WhaleStats) November 17, 2021
CoinGate supports SHIB.
Added cryptocurrency payment processor CoinGate based in Lithuania support to Dogecoin rival Shiba Inu on Wednesday.
CoinGate was founded in 2014 and is still one of the most famous crypto companies in the Baltic States. It currently supports over 500 retailers with a focus on SMEs.
In addition to payment processing, CoinGate also enables the purchase and sale of cryptocurrencies. Users can buy Shiba Inu for a 1% fee.
XDEFI Wallet (XDEFI) ended the auction via MISO today.
According to the announcement, XDEFI Wallet raised $ 8.225 million on its sale, of which 12.65 million XDEFI were sold.
The remaining 8.88 million XDEFI went to the Dutch auction at a selling price of US $ 0.65. The current auction price is $ 1.57. All auction participants receive the amount to XDEFI that corresponds to their commitment, calculated according to the final acceptance bid.
⏳ 6 hours to participate in our Dutch auction on Miso
???? Current auction price: 1.57 $ USDC
4,800,000 $ XDEFI still to grab
The minimum price has already been met ????
Meaning everyone $ XDEFI Tokens are distributed among the participants in the auction.
Do not miss!
– XDEFI wallet (@xdefi_wallet) November 18, 2021
FairSide Network News
FairSide Network (FSD) notification End of the early staking round worth $ 4.2 million.
FairSide Network has raised $ 4.2 million to the Protocol’s capital pool through an early round of staking involving Alameda Research, Dominance Ventures, Jump Capital, Figment Capital and Daedalus Angel Syndicate.
FairSide aims to provide users with comprehensive coverage that covers multiple blockchains, projects, and different types of losses.
Australians are ready to give relatives and partners Bitcoin, Ethereum and NFT for Christmas.
Australians are ready to give gifts to their partners and loved ones in cryptocurrencies like Bitcoin, Ethereum, and even NFT.
Follow up opinion poll Made by Crypto.com, Australians are ready to buy digital assets as Christmas gifts for loved ones.
The survey of 2,020 Australians aged 18 to 59 found that 26% of them are considering a crypto-related gift to give to a loved one for Christmas.
In addition to buying the coins directly, some people are willing to buy crypto-related gifts such as socks or hoodies as gifts. A third of respondents said they were thinking of giving NFTs to their partners.
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