Patrn.me, a unique NFT crowdfunding platform, is proud to announce that it is now a Verified creator with Rarible, one of the world’s…Continue reading on Medium »
Non-fungible tokens (NFT) continue to blow up the crypto space.Continue reading on Moon Land Metaverse »
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Get in while you can. Mini Degens has just announced a HUMUNGOUS project update that will pave a way for new heights.Continue reading on Medium »
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We are a project that has created a community-based platform for our users, and this is not just a slogan. All you have to do is visit our…Continue reading on Medium »
Fewer people register on exchanges in India? Uncertainty over regulation has impacted the number of new registrations on exchanges in India. Most of the users of the cryptosphere are afraid of the ban on cryptocurrencies and do not want to put themselves in jeopardy. Therefore, the influx of new users into the cryptosphere has decreased. We are talking about a bill prepared for consideration at the winter session of parliament, which will begin on November 29, 2021. As part of it, India plans to ban almost all private cryptocurrencies, leaving a few to advance the underlying blockchain technology. In order not to be left without investments, investors hedge their risks. According to the CEO of the BuyUCoin exchange, the number of new registrations drops by 20% weekly. Because of this, only 8-10 thousand people are registered on the exchange per day. As negative news about the ban on cryptocurrencies emerged, the prices of digital assets on Indian exchanges have dropped significantly. The number of transactions and the turnover of funds also decreased. This figure fell 15% compared to foreign markets. Currently, most investors are looking forward to regulatory certainty. After which they will make a decision - to trade cryptocurrencies further or not. They are not satisfied with the active regulation of the cryptosphere, as well as pressure from the Reserve Bank of India. Although the idea of launching a national cryptocurrency (CBDC) was received positively by the majority of users of the cryptosphere. Subscribe to our Telegram , Twitter , Facebook to be the first to know about cryptocurrency news!
MicroStrategy bought 7002 BTC? The head of the MicroStrategy company announced the purchase of 7,002 bitcoins. $ 414.4 million was spent on their acquisition. The asset was purchased at a price of $ 59.1 thousand per coin. Information about this appeared on Twitter. In his post, Michael Sailor wrote that as of November 29, 2021, his company owns 0.576% of the total Bitcoin emission (21 million). Moreover, each bitcoin, on average, was purchased at a price of $ 29,534. According to the statistics service Bitcoin Treasuries, MicroStrategy currently has 121,043 BTC. Their total cost at the current bitcoin price is $ 7 billion. $ 3.5 billion was spent on the purchase. That is, there is a 2-fold increase in investment. As a reminder, MicroStrategy is the first company to invest in Bitcoin. The first purchase was made in August 2020 for $ 250 million. After that, the company's board of directors approved further investments in digital gold. To invest more in BTC, MicroStrategy placed convertible bonds in December 2020 to raise additional funds. The received $ 650 million was spent on the purchase of BTC. The second time funds were raised in February 2021, when debt securities were issued in the amount of over $ 1 billion. The funds raised were invested in cryptocurrencies. Another $ 15 million was spent on the purchase of bitcoins in April and May 2021. The penultimate purchase of bitcoin was an investment of 398 BTC. This was spent $ 23.8 million. MicroStrategy's Bitcoin policy is very important to the crypto market. Other major companies have followed suit, including Tesla and Square. This boosted cryptocurrencies, triggering a 2021 bull market. Subscribe to our Telegram, Twitter, Facebook to be the first to know about cryptocurrency news!
The Metaverse has become one of the favorite topics of the crypto ecosystem, and their token as an incredible investment opportunity for investors. However, the Majority of Metatokens were going through a correction phase of the October rally. If these tokens manage to sustain at these higher levels, the bulls may resume their rally for The post Metaverse Token Price Analysis For Novermber 29th; MANA, SAND, ENJ appeared first on Coingape.