AAVE Trying To Break Out After Week of Stalemate
The week of rangebound trading on AAVE might have pushed some investors away from the cryptocurrency, but, thankfully, bulls have found some power to push the value of the asset above the trading range. In the last 24 hours, AAVE has shown a slightly better performance than the other part of the cryptocurrency market. Unfortunately, there have been no fundamental factors that would suggest that AAVE has an upper hand against other assets, which is why the movement we are seeing right now is purely speculative.
FEG Reaches 1M Total Followers on Social Media Platforms
FEG Token is celebrating a major milestone in community outreach, surpassing the 1 million follower mark on social media platforms.
Bitcoin Struggles Below $17K on Month-Low Trading Volume Day (Weekend Watch)
Bitcoin has not made any decisive moves in days as the asset remains stuck below $17,000. This is expected to an extent today, given the unusually low trading volumes.
Is Barry Silbert’s Crypto Empire in Danger? Genesis Allegedly Fails to Secure Funding
As reported by U.Today, the lending arm of Genesis abruptly halted withdrawals on Nov. 16. The Wall Street Journal reported that Genesis was seeking a $1 billion bailout from various investors without any success. Rumor has it that Mike Novogratz and The Winklevii refused to rescue the firm.
FTX Fraud Pushed Traders Into Stablecoins: Galaxy
As risk-off sentiment continues to dominate cryptocurrency trading patterns, investors are putting more money into what they hope is a safe haven: stablecoins. Stablecoin trading volume has been on the rise since news of FTX’s collapse broke and fears of contagion rocked the industry.
Coinbase Wallet Feature Takes Aim at User Safety
A transaction preview feature lets users see how their assets balance will change before they sign.
Tuvalu Aiming To Become First Country To Replicate Itself in Metaverse
The small Polynesian island country of Tuvalu has announced it will leverage the use of the metaverse to recreate a digital version of itself in response to rising sea levels.
Chainlink Investors Looking Beyond LINK’s Price Could Find Some Respite Here
Chainlink clinched an all-time high in the count of its daily social contributors. Its price continues to decline, and its outlook in the short term remains bearish.
American CryptoFed Registration at Risk As SEC Alleges Filing Anomalies
The SEC instituted administrative proceedings against American CryptoFed to determine the issuance of a stop order which would retract its registration and bar sales of in-house tokens, Ducat and Locke.
Crypto Industry Will Become Stronger Because of the Ongoing Market Crisis, Says Ripple's CEO
In a tweet,
Ripple CEO <a href="https://zycrypto.com/brad-garlinghouse-reckons-ripple-will-expand-out-of-the-u-s-if-company-loses-xrp-v-sec-lawsuit/">Brad Garlinghouse</a> noted that he shared the same thoughts with the audience during the sixth-annual Ripple Swell Conference.
