Shiba Inu ($SHIB) registered a 15% drop in price today amid FUD regarding a Shiba Inu whale moving almost $3 billion in tokens.
In relation to the commencement of the official Polkadot parachain auctions on November 11th, Clover Finance (CLV) will also hold a pre-crowdloan event. This is for the CLV auctions hosted on Binance starting today. Moreover, during this pre-crowdloan event, Binance will start accepting DOT, while Clover Finance will distribute $10 million in CLV only to participating Binance users.
Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle won’t end this year.
The Financial Services Commission (FSC) in South Korea reaffirmed in a public statement today that nonfungible tokens (NFT) are not virtual assets, and will not be regulated.
Warner Bros., the American multinational mass media and entertainment conglomerate has announced the launch of non-fungible token (NFT) collectibles for the upcoming film “The Matrix Resurrections” after dropping official Space Jam NFT collectibles. The Matrix NFT program will start on November 30 as Warner Bros. plans to drop 100,000 Matrix Resurrections’ NFTs.
Ethereum-killer Solana has continued with its mega bull run hitting a new all-time high of $250 earlier today. With this move, Solana has emerged as the fourth largest cryptocurrency with a market cap of $72.9 billion while toppling top players like Cardano (ADA).
The crypto market appears to be exhausted followed by the latest bull run. The market leaders Bitcoin and Ethereum have run out of fuel after claiming their new highs. Notably, other prime altcoins Solana, Polkadot, Litecoin, and other coins have slowed down their rally for some time now.
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Legal experts have warned that a section of the Infrastructure Bill, which is due for a vote today, amends a part of the tax code and makes a failure by businesses and individuals to report digital asset transactions a criminal offense.