Ethereum And Bitcoin Note Heavy Exchange Outflows In November
BlocDesk
by Jean-Pierre Buntinx
2y ago
November has, once again, been an intriguing month for crypto balances on exchanges. Both Etheruem and Bitcoin note strong outflows, even though the market went through a rather lengthy dip. It paves the way for a very bullish December 2021, although nothing is ever set in stone in this industry.  Multi-Million Ether Outflow It is ..read more
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What we know about Twitter new CEO, Parag Agrawal
BlocDesk
by Muhamin Olowoporoku
2y ago
  On Monday, the famous co-founder of Twitter, Jack Dorsey, resigned as Chief Executive Officer (CEO) of the firm for a new person, Parag Agrawal. During his time at Twitter, Dorsey was a staunch Bitcoin advocate who never shied away from speaking up for Bitcoin in public. His love for Bitcoin and cryptocurrencies made Twitter ..read more
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Crypto recovers, Shiba Inu spikes, Bitcoin faces rejection
BlocDesk
by Muhamin Olowoporoku
2y ago
  The past 24 hours has been more of a recovery for crypto as many altcoins and even Bitcoin are regaining their losses with Shiba Inu exploding by over 20% upon getting listed on Kraken. Bitcoin, however, faced rejection at $59,000 slumping down to $56,000 when it attempted to break to $60,000. Most altcoins recorded ..read more
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Chivo Wallet, still a headache for Salvadorians
BlocDesk
by Muhamin Olowoporoku
2y ago
Two months after El Salvador launched its official Bitcoin wallet, Chivo app, scores of Salvadorians are said to still be finding their way around the tech. It began the first day the app was launched, in September 7. Several glitches were reported, with many unable to download the app and after they were able to ..read more
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Biggest Play to Earn Token Gainers You Probably Missed in November
BlocDesk
by Ibiam Wayas
2y ago
Judging by the overall performance of top cryptocurrencies since this month, it can be said this November was stalled for the market in general. Apparently, several coins, including Bitcoin (BTC), have been on a downtrend for a number of days. Amidst the bear market, however, some categories of cryptocurrency played differently from the market, precisely ..read more
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Cyber Monday Discount or Rugpull? CryptoMines Token Just Tanked Over 80%
BlocDesk
by Ibiam Wayas
2y ago
ETERNAL, the native token of play-to-earn platform CryptoMines got crashed, and the token holders are yet to understand what led to the sudden drop of the cryptocurrency, which has been on the rally since the beginning of the month.  https://t.co/0R6R5xWKqX #CryptoMines pic.twitter.com/2C83RyS8cG — NFT world (@bkk2day) November 29, 2021 CryptoMines Token Plummets to $123 Since ..read more
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Elrond And Cronos Are The Only Major DeFi Blockchains Gaining TVL
BlocDesk
by Jean-Pierre Buntinx
2y ago
More and blockchains compete for traction in the decentralized finance industry. That is a good sign, even though more cross-chain solutions would be much better. Interestingly, both Elrond and Cronos appear the big moves right now, whereas every other chain lost TVL. Elrond Is Moving Up It is intriguing to see all of the different ..read more
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Why Dogecoin is bad cryptocurrency
BlocDesk
by Muhamin Olowoporoku
2y ago
  Dogecoin, the most popular memecoin and one of the most impressive in the year, has won the heart of many cryptoers. While many in the crypto community argue that DOGE brings enthusiasm to the market, CEO of Ripple, Brad Garlinghouse doesn’t think it does much good. While speaking recently with CNBC, Garlinghouse said that ..read more
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Bitcoin marks worst daily close since September, plunge to $54,000
BlocDesk
by Muhamin Olowoporoku
2y ago
  Bitcoin recorded its worst 24 hours since September yesterday when its price dropped by over $10,000. It was a very bloody day in the entire crypto market as bears took control. Some analysts claim yesterday’s price action was a correction and it failed to make any real impact on the long-term market structure. Bitcoin ..read more
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Most DeFi Projects Lose Minor TVL This Week Yet Aave Slips By Over 8%
BlocDesk
by Jean-Pierre Buntinx
2y ago
It has been a rough week for most cryptocurrency markets, which has consequences for other industries. For example, decentralized finance notes an overall relatively steep decline in TVL. However, some projects gained liquidity despite others going in the [deep] red.  Overall Losses For Most DeFi Projects When the value of Bitcoin and Ethereum goes down ..read more
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