Tuesday, November 30, 2021

Bitcoin price sees red, pattern leaves analysts confused: Crypto In-Shorts

The Takeaway:

11th September 2019: Are you tired of scouring the web for the latest crypto-updates? Enter the world of Crypto In-shorts on Chaintimes and find all you need!

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Crypto bulletin

Wagering education for cryptocurrency

Meijo Gakuin Educational Corporation is under investigation for misusing the school’s funds. The corporation’s chairwoman and board members illicitly funneled money to invest in cryptocurrency. 

Launch of Gemini Custody

Gemini has been offering custodial services since 2015, but yesterday the team announced the launch of a more focused initiative- Gemini Custody, which will support 18 currencies. Balance checks, account statement download, withdrawal initiation will be provided along with instant liquidity on this exchange. 

Buy pizza and win Bitcoin

Domino’s in France is offering 11 BTC to a lucky winner to celebrate 30 years in the industry. The contest Jump the Bank will award the victorious contestant 100,000 Euros in cash or BTC.

 

Bitcoin Price

Current Bitcoin Price – $10,111.67 

Yesterday, Bitcoin opened at a price of $10,336.41. The fluctuations drove it to the lowest value of $10,020.57 and the highest value of $10,394.35 in 24 hours. Bitcoin closed at $10,115.98 and saw a decrease of 2.13% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 48.25%.

 

Ethereum Price

Current Ethereum Price – $178.99

Yesterday, Ethereum opened at $181.21. The fluctuations drove it to the lowest value of $178.12 and the highest value of $184.06 in 24 hours. Ethereum closed at $179.79 and saw a decrease of 0.79% throughout the day.

The crypto coin is still below its all-time high value of $1,432.88 by 87.15%.

 

Cardano Price

Current Cardano Price – $0.045424

Yesterday, Cardano opened at $0.046903. The fluctuations drove it to the lowest value of $0.045915 and the highest value of $0.048140 in 24 hours. Cardano closed at $0.046510 and saw a decrease of 0.84% throughout the day.

The crypto coin is still below its all-time high value of $1.33 by 96.38%.

 

Bitcoin Market Cap

The day ended with $181,295,653,896 for the Bitcoin Market Cap.

Ethereum Market cap

The day ended with $19,276,372,344 for the Ethereum Market Cap.

Cardano Market cap

The day ended with $1,177,706,512 for the Cardano Market Cap.

 

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $15,960,418,102

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $6,714,706,501

Cardano Trading Volume

The 24-hour trading volume of Cardano – $44,294,549

 

Whale alerts

Crypto enthusiasts beware of these whales

  1. 19,999,990 EOS ($74,028,990) transferred from Huobi exchange to an Unknown wallet. Transaction ID: 888e59c3be017636d022f4c778489fdee128f97373422d3e74fd3ba6430b2ab0
  2. 3,000,000 EOS ($11,079,538) transferred from an Unknown wallet to another Unknown wallet. Transaction ID: 8377d47ebc4bd3236381fdaf50ac8463044f4794faa48be48797cc63bb349036
  3. 10,000,000 USDT ($10,033,138) transferred from Tether treasury to an Unknown wallet. Transaction ID: 0x50fd4586779b0e210a96f4f5d1f396bae026e1662126452cbc5b9e54369ce833

Crypto controversy

The sharp curve in the government’s perception of bitcoin was highlighted by a twitter user

What to expect today?

BTC following a descending triangle pattern divides the analysts’ school of thought. Does the descending pattern, along with liquidation of longs worth $80 million, indicate a bearish market?

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Disclaimer: The article reflects the opinions of the author and is not representative of Chaintimes’ views.
The article does not offer any investment advice. User discretion is advised when investing in or trading with cryptocurrency. Extensive and diligent research should be carried out by the reader before making a decision.

David Hayes
David Hayes
David got to know about bitcoin back in 2012 and has never looked back since, writing and exploring about cryptocurrencies or blockchain technology. He used to write for his own blog before joining ChainTimes as a writer and market research executive in 2017.

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