Price analysis 11/22: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, SHIB, TON

The DeFi industry has been gaining momentum since 2020, offering a new perspective on the world of finance and a new way for investors to make money. In its essence, DeFi, also known as Decentralized Finance, is an ecosystem of applications and services built on public blockchains.Yield farming and staking are gaining momentum on the DeFi…

The most energetic performers from the past period, Tezos (XTZ) and Chainlink (LINK), are now showing a heavy retracement. Tezos corrected 32% since its local high at $3.96, while Chainlink also corrected 25% since reaching a top at $4.87. Do the current pullbacks provide buy the dip opportunities, or will the altcoins slide further in the…

Gemini’s new interest-earning program allows customers to earn interest on 26 crypto assets supported by the platform. 2361 Total views 12 Total shares Gemini cryptocurrency exchange has launched an interest-earning program for customers in the United States.Dubbed Gemini Earn, the program lets customers earn up to 7.4% annual interest on all cryptocurrencies supported by Gemini,…

The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market.Analysts have generally attributed the short-term fall of Bitcoin to the uncertainty around the COVID-19 pandemic. On Sept. 21, the Dow Jones Industrial Average…

Spencer Bogart, a partner at the venture capital firm Blockchain Capital, believes that crypto opportunities are “still gigantic” despite the current bear market, the expert claimed in an interview with Bloomberg on Monday, Nov. 19.The expert at the crypto and blockchain-focused venture capital startup has maintained his pro-Bitcoin (BTC) stance, pointing out the critical role…

Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues. 501 Total views 12 Total shares Own this piece of history Collect this article as an NFTThe collapses of banks like Silvergate have certainly impacted cryptocurrency exchanges but there are ways for the…

Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. 290 Total views 2 Total shares Own this piece of history Collect this article as an NFTMichael Bennet, a United States senator representing the state of Colorado, has suggested…

Web3 represents the next phase of the internet, characterized by decentralization, user ownership and equitable value distribution. Like all new technologies, its success depends on addressing market needs and understanding user challenges. However, many Web3 initiatives have missed achieving a product-market fit, often adopting a “build it and they will come” approach. This mindset has