Coinlive Weekly Magazine (November 13 – November 19): Large organizations are frequently building moves with cryptocurrencies

The solid recovery of the cryptocurrency marketplace in November meant that the curiosity of massive institutions definitely returned. From initiatives to build ETFs, to investment actions, mergers and acquisitions and cooperation with cryptocurrency tasks, massive organizations demonstrate that they are slowly regaining self-assurance in the development prospective customers of the cryptocurrency sector.

Let’s assessment all the crypto movements of the week with Coinlive to make positive you do not miss any significant information! 😉

Volatility in important cryptocurrencies in contrast to seven days in the past. Screenshot by Coin360 as of 09:00 on November 19, 2023

📌 Coinlive Originals – Article to go through

Outstanding on-chain occasions final week (November 13 – November 18): Investment Cash Flow in 2023 – Avalanche System Rises – GameFi Returning?

– Everything about NFT classification that collectors need to have to know

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📰 News

The target 🔥

Bitcoin continues to rise to new highs despite the ETF being delayed again by the SEC

Black rock AND Fidelity Request the Spot ETF on Ethereum

Ripple (XRP) Fake news has been spread that BlackRock has created an ETF

Avalanche, LayerZero present in Singapore’s asset tokenization initiative with 17 major financial institutions

– Price World Currency (WLD) fell 12% after Sam Altman “lost his position” as CEO OpenAI

Big Beanie 🌈

Vitalik Buterin “Reviving” Plasma: the Ethereum scaling solution that seemed to have fallen into oblivion

Bitcoin mining difficulty set a new record high, rising for 5 consecutive periods

– Market capitalization of Tether (USDT) increased by $4 billion in 3 weeks

Altcoins have increased significantly: Solana (SOL), Arkham (ARKM), Sei (SEI), PancakeSwap (CAKE), Reddit Moon (MOON), Celestia (TIA)

CertiK announced the discovery of vulnerabilities on Solana phones

– New token standard PRC-20 on Polygon causing gas rates and the number of transactions to skyrocket

Reddit By “relaunching” the rewards points program, MOON skyrocketed by more than 200%

DeFi and Layer 2 🦄

– DEX platform Jupiter Airdrop confirmed for over 950,000 users

OKX Developed Layer-2 “X1” on the Polygon CDK platform

dYdX chain Entering mainnet beta, joining Circle to circulate USDC

Aave renamed Avara

– DEX platform Trader Joe’s frontal attack

– Bridge Wormhole separate from Jump Trading

NFT, GameFi and Metaverse 🖼🎮🌐

Disney launches NFT platform on the Flow blockchain

Arena of the Stars it went on to be hacked a second time

– Most GameFi projects had fewer than 10 active players in October

Ethereum Name Service AND Unstoppable domains Controversy over patent rights erupted

Great organizations 💰

Bind plans to invest $500 million to build a Bitcoin mining camp

– Joint venture trading platform with Binance in Thailand authorized to operate

Bitget confirmed the acquisition of the Hong Kong stock exchange OSL

Paxos Issuance of a new USD-backed stablecoin in Singapore

– Stock Exchange Cboe Support for BTC and ETH futures on margin will be available soon

Bitumb plans to conduct an IPO in 2025

Genesis Negotiating debt with Three Arrows Capital from $1 billion to $33 million

Main capital calls: Blockchain.com ($110 million), Fnality ($95 million)

Legal and Reception ⚖️

New York Publishes guidelines for listing and delisting cryptocurrencies

Korean Pension Fund 40% profit from a $20 million investment in Coinbase stock

Coinlive compiled

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