Podcast: Embed
News 1: Basic Attention Token (BAT) Cools Off After Rally to New All-Time High
BAT token had been decreasing underneath a descending resistance line since April 10, when it had reached a then all-time high price of $1.69. The line rejected it for the fifth time (red icon) on November 25.
However, BAT token broke out the next day and reached a new all-time high price of $2.02 on November 28.
Even though Basic Attention Token (BAT) has decreased since then, technical indicators are still bullish and may be the right time to invest.
News 2: Invesco launches spot Bitcoin ETP on Deutsche Borse
Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra.
Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC exchange-traded note (ETN) in Europe.
On November 29, German stock market operator Deutsche Boerse officially announced the listing of the Invesco Physical Bitcoin ETN on its digital stock exchange, Xetra. The new product will trade under the ticker symbol BTIC.
News: 3 Play-to-Earn Crypto Games Users Can’t Afford To Miss.
In 2021, the gaming industry has earned approximately $175 billion to date. As blockchain technology has become more prevalent in games, gamers are now enjoying the rewards of their efforts;with some earning up to USD 2,000 per hour on crypto games like Axie Infinity.
As their popularity grew, so did their token prices. The Sandbox captivated both retail and institutional investors when its coin soared over 800% in a month.
News 4: Newegg To Start Accepting Shiba Inu Payments Soon
Online retail giant Newegg has announced on Twitter that Shiba Inu payments are “coming soon” to the platform.
The retail website announced on its official Twitter a couple of days back that the meme coin SHIB is coming to the platform.
Newegg is an online retail giant focusing on consumer electronics items like PC hardware, gaming consoles, laptops, and office supplies.
News 5: Bitcoin transaction fees are down by over 50% this year
Transaction fees have dropped this year after a spike earlier this summer.
According to YCharts data; the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%. This rise may be attributed to a variety of factors.
One explanation is that the fast expansion of the Bitcoin Lightning Network; in which transactions are off the blockchain, may have been a catalyst.
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