JP Morgan and Avalanche Collaborate – PancakeSwap Gaming Marketplace Launches

JP Morgan’s Onyx to Use Avalanche for Tokenized Funds

JP Morgan’s Onyx and Apollo Global announced its proof-of-concept with Avalanche under the Monetary Authority of Singapore’s Project Guardian. The proof-of-concept demonstrates the potential of blockchain, smart contracts and tokenization to facilitate portfolio management of alternative assets, especially those that are difficult to trade and manage.

PancakeSwap Launches Play Market

Decentralized exchange PancakeSwap announced the launch of its own gaming marketplace. With this marketplace, game developers will be able to create, launch and update their games on the platform. In addition, they will be able to include web3 elements such as cryptocurrency and NFTs.

Cathie Wood praises Solana

Solana gained more than 17% to its highest level of the year after ARK Invest CEO Cathie Wood spoke about the efficiency and cost-effectiveness of the network. In a November 15 interview with CNBC, Wood described the Solana network as an important infrastructure player in the broader blockchain ecosystem, adding that it has done really well in recent market conditions.

Commerzbank receives Cryptocurrency Custody License

Commerzbank has received a cryptocurrency custody license, Commerzbank announced on November 15, marking the first instance of a German bank obtaining such approval from national regulators. This license allows Commerzbank to expand its digital asset services.

Paxos to Issue USD Stablecoin in Singapore

Crypto infrastructure firm Paxos has received in-principle approval from Singapore’s regulator for a new entity that plans to launch a US dollar-backed stablecoin. The new company will be able to offer digital payment token services.

Binance Labs Invests in Arkham

Binance Labs, Binance’s venture capital, announced on November 15th that it has invested in Arkham (ARKM). Binance Labs stated that this investment aims to support “on-chain insights in the blockchain ecosystem.” “Arkham’s proprietary technology improves how on-chain intelligence is generated and shared,” said Alex Odagiu, investment director at Binance Labs.

Important Call from IMF Managing Director on CBDCs

In a speech, IMF Managing Director Kristalina Georgieva highlighted the benefits of central bank digital currencies (CBDCs). In her speech, Georgieva called on the public sector, saying: “The public sector should continue its preparations to launch CBDCs and related payment platforms in the future.”

———————————————————————————

BITCOIN(BTC)

Bitcoin is priced at $ 37,380 with a 1.27% loss in value as of today morning hours. BTC, which reacted from the support level of 35,500, started to rise again and rose to 37,380 levels. Persistence above the 37,300 level, which we follow as a resistance level, is important for the continuation of the upward movement. Above this level, it is possible to see a rise up to 38,000 and then 38,500 levels. In case of a pullback, 37,300 is an important support level. If it falls below this level, a decline to the 36,500 region may be possible.

ETHEREUM(ETH)

ETH, which lost 0.27% as of morning hours, is priced at $ 2053. ETH, which settled above the $ 2000 level again, is in the 2035-2130 consolidation zone. If the upward movement continues, we may see a rise towards 2130 levels. Crossing this level seems to be important for the continuation of the rise. In retreats, 2035 and then 2000 levels appear as critical support zones.

RIPPLE(XRP)

XRP is priced at $0.6487 with a 0.08% gain as of morning hours. XRP, which is hovering above the 0.6450 resistance level we have followed, may rise again towards 0.6965 levels if it maintains above this level. The 0.6450 level seems important as support zones. If it falls below this level, there may be a pullback towards the 0.6200 region.

AVALANCHE(AVAX)

AVAX is priced at $ 22.42 with an 8.30% gain in value as of morning hours. When we examine the daily chart, AVAX, which shows a good rise, is currently trading above the 21.50 resistance zone. It is important to maintain above this level. The 22.80 level and then the 23.40 level stand as important resistance points. In retracements, 21.50 and 20.80 levels can be followed as support.

SOLANA(SOL)

SOL is priced at $ 65.46 with a gain of 0.05% as of morning hours. When we examine the hourly chart, we see that the resistance points are broken upwards and the rise continues. The closest resistance point is 67.10. With a break of this resistance level, it may be possible to see a rise towards the $ 70 levels. When we examine the support levels, 64 and 61.80 levels seem important.

CHAINLINK(LINK)

As of morning hours, LINK is pricing at 14.853 with a 1.15% loss in value. When we analyze the hourly chart, we see that the 15,215 level is an important resistance point. If this level is exceeded, it may be possible to see a rise towards 15,500 and then 16 levels. The support points are 14,500 and 14 levels.

FTM
FTM is priced at 0.3546 with an 8% gain as of morning hours. When we examine the daily chart, we see that the resistance zone of 0.3275-0.3339 is broken upwards. The resistance levels for FTM, which exhibits a strong movement, are 0.3650 and 0.3880. In case of a pullback, the broken resistance zone can be followed as support.

RNDR

RNDR is priced at $ 3,040 with a 6.74% gain as of morning hours. When we examine the four-hour chart, it showed a good uptrend with an upside break of the 2,620 resistance level. If this movement continues, 3.100 can be followed as the resistance level. In case of a pullback, 2.900 and 2.750 levels can be followed.

What is Airdrop?

Airdrop, one of the rapidly growing and interesting applications of the cryptocurrency world, means distributing free crypto money to users.

Read More »


Create an account

Now create an account where you can use your knowledge.