Today the Tether treasury has issued $320 mln USDT.

https://news.1rj.ru/str/whale_alert_io/16885

https://news.1rj.ru/str/whale_alert_io/16888

Global search volume for Bitcoin appears higher than in 2017

According to data collected by Brad Michelson, a senior marketing manager at major trading and investment platform eToro, monthly global volume for Bitcoin searches in December 2017 bull run was lower than in November 2020.

Citing data from SEO data provider SEMrush, Michelson said that Bitcoin-related global monthly search volumes in November 2020 accounted for 8.9 million. This is 356% more than BTC search volumes recorded back in December 2017, which amounted to 2.5 million, according to Michelson’s data.

Michelson pointed out a huge discrepancy between SEMrush’s data and Google Trends, a popular tool for analyzing the popularity of top search queries in Google:

“An interesting thing that Google Trends data hasn’t shown is that the monthly global volume for Bitcoin in Dec. 2017 was actually lower than what we’re seeing in Nov 2020.”

https://cointelegraph.com/news/global-search-volume-for-bitcoin-appears-higher-than-in-2017

Deutsche bank: investors increasingly choose bitcoin over gold to hedge dollar risk, inflation

Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold to bitcoin.

"There also seems to be an increasing demand to use bitcoin where gold used to be used to hedge dollar risk, inflation and other things."

https://news.bitcoin.com/deutsche-bank-bitcoin-over-gold-hedge-dollar-risk-inflation/

Another farm hacked. Pickle finance has been exploited by means of a flash-loan for at least 19 mln $.

https://twitter.com/sawinyh/status/1330231595886899203?s=19

🎲 Kira Network has announced its public sale. It will start place on 25th of November at 3 pm UTC and will conclude in 24 hours or once the hard cap is reached.
Open price - $3.00
Min. price - $0.075
Amount of tokens for sale – 4 000 000 KEX.

Keep in mind that the private sale participants got their tokens @ $0.05 and will receive 10% after the conclusion of the auction.

This means that if the auction price settles at $0.5, private will already be at 10x and the dump will be imminent.
https://medium.com/kira-core/liquidity-auction-7c532d67a97

BTC, ETH, LTC and... BCH 🤔 already available on PayPal.

https://twitter.com/i/status/1318930120523087873

A really great tweetstorm on Miners Extractable Value (MEV):

https://twitter.com/FrankResearcher/status/1311350156219101185?s=19

ETH 2.0 launching! 💥

https://twitter.com/VitalikButerin/status/1331061403768143872

Bullrun is officially here -

https://www.coindesk.com/nft-painting-of-buterin-in-harlequin-garb-sets-record-in-weekend-crypto-art-sale

Coinbase in Top100 apps on Apple Store - fresh degens incoming 🤠

https://twitter.com/TheBlock__/status/1331255851890454530?s=19

❗️Ethereum long-term Price Analysis

Market Indicators suggested the Ether’s value is possibly reaching a point of correction, which will be exhibited eventually. Relative Strength Index or RSI is currently at an overbought zone and Awesome Oscillator or AO suggested high bullish momentum. While a pullback will take place, other important factors will keep the rally bullish.

As reported, Ethereum 2.0 deposit contracts have been filled on time, for ETH 2.0 launch on the 1st of December. More than 200k ETH were deposited within 14 hours to complete the quota, which suggests that users were backing Ethereum.

⚔️Important Range

Resistance: $830, $700(Psychological)
Support: $540, $480, $400
Entry Position for Long Trade: $540
Stop Loss: $480
Take Profit: $830
Risk/Reward Ratio: 4.83x

While a minor drop may take place in the charts, before the end of 2020, Ethereum could possibly attain its next resistance level at $830.

https://eng.ambcrypto.com/ethereum-long-term-price-analysis-24-november/

“The Elliott wave theory is based on the idea that there’s five waves in a primary trend, three [up]trends and two intervening corrections,” said Todd Gordon, founder of TradingAnalysis.com

Seeing as the first wave was a roughly 658% rally, Gordon’s target was a lofty one.

“I can’t believe I’m going to go out on CNBC and say this, but it’s about 74,000,” he said. “The Elliott wave goes very well with … Fibonacci multiples. If it does want to fall short, it can go to 61% of that target, which is only at 34,000.“

https://www.cnbc.com/2020/11/24/bitcoins-on-track-to-74000-trader-says-as-crypto-nears-records.html

✅OKEx Resumes Withdrawals 5 Weeks After Freeze

On Oct. 16, OKEx had been forced to suspend all account withdrawals when an unnamed holder of the keys to the cryptocurrency assets was detained by police to apparently assist an investigation.

https://www.coindesk.com/okex-resumes-withdrawals-5-weeks-after-freeze

📈Ethereum transaction fees skyrocket as price collapses

Ethereum fees jumped above $7 as ETH price went down.

The increased network activity may cause a sudden spike in fees as many traders rush to the close positions amid the sell-off.

https://www.fxstreet.com/cryptocurrencies/news/ethereum-transaction-fees-skyrocket-as-price-collapses-202011261511

💰$425 million worth of bitcoin futures liquidated on binance as btc tanked

Glassnode node analytics firm has reported that two major long BTC futures liquidations took place at that time with a difference in several hours.

Hourly liquidations of long positions on Bitcoin futures were recorded: worth $262 million at 3:00 a.m. UTC and $163 million at 8:00 a.m. UTC.

https://u.today/425-million-worth-of-bitcoin-futures-liquidated-on-binance-as-btc-tanked

90 mln$ loans were liquidated on Compound, including the largest liquidity provider that took a 47 mln $ hit.
Looks like this was caused by a malicious actor manipulating Coinbase's Dai price oracle which is used by Compound Finance.

https://twitter.com/Arthur_0x/status/1331915170877042690

📊$1.3 Billion in Bitcoin Options Set to Expire Today

Nearly 80,000 Bitcoin options contracts are set to expire today.
This could lead to an increase in the volatility of Bitcoin's price.

“I would say that for institutional investors, one will have to track volume growth on CME. Deribit will mostly be crypto hedge funds and retail investors,” Bobby Ong, COO of crypto analytics platform CoinGecko, told Decrypt.

https://decrypt.co/49763/1-3-billion-in-bitcoin-options-set-to-expire-today

🥞 Binance launches a $120 000 reward program for farming on Pancake Swap.
Maximum staking amount is only 10BNB.
Remarkably, the Binance Smart Chain was unable to handle the suddenly increased network load despite being highly centralized.

http://bit.ly/StakeBNB

📈Number of Wallets with 10,000+ ETH Hits New High

Glassnode has reported a rise in the number of ETH wallets with more than 10,000 coins in them. According to the data shared in the recent tweet, the number of these wallets now totals 1,062 – that’s a 3-month high.

Apart from that, as per Glassnode, the amount of non-zero ETH wallets has surpassed 50 million.

https://u.today/number-of-wallets-with-10000-eth-hits-new-high

☠ 50 mln $ stuck on Saffron.finance because of a smart contract bug.
The funds should be returned to their owners in 8 weeks when the "emergency sweep" function is activated.

https://twitter.com/JozoJesko/status/1333062918724870144?s=19

Binance listing Skale. Trading will start at 01.00 UTC Dec 1.
https://news.1rj.ru/str/binance_announcements/2011

Tokens will be unlocked and transferable at 00.00 UTC Dec 1.
Countdown - https://bit.ly/33s8gAt.