Cryptocurrency & Financial
Market News & Stats
1st Dec 2021

Today, I am talk about the following:

1. USA has recorded its first case of the Omicron virus - Equity markets have sold off
2. On Tuesday, Powell said it was time to retire the word "transitory" while describing inflation
3. Risk metrics still indicating a sell off in Cryptocurrency markets - we sit at this stage
4. https://www.wsj.com/articles/turkish-lira-plumbs-record-low-on-erdogans-continued-calls-for-rate-cuts-11638347691?mod=rss_markets_main
ISTANBUL—Turkey’s central bank moved Wednesday to prop up the country’s collapsing currency, selling foreign reserves after the lira reached new lows following comments by President Recep Tayyip Erdogan in defence of his unorthodox economic policies.

5. https://financefeeds.com/will-ripples-xrp-be-joined-by-cardano-and-tron-against-the-sec/

The US operation of eToro has decided to delist Cardano (ADA) and TRON (TRX), thus disabling access to new positions and staking rewards, while allowing US residents to close existing positions as they see fit.

6. https://www.bnnbloomberg.ca/crypto-com-buys-two-exchanges-from-ig-group-for-216-million-1.1689443

7. Crypto.com The exchange announced a new partnership with financial infrastructure solutions provider Silvergate Tuesday, enabling institutions to deposit and withdraw U.S. dollars funds from their bank accounts. Crypto.com’s clients will now have access to the Silvergate Exchange Network, a near-real-time payments platform that lets users transfer U.S. dollars at any time free of charge. The new feature will be available to institutional clients in all of the exchange’s available markets.

8. Brazil’s 2TM Group, the parent company of exchange Mercado Bitcoin, has raised $50.3 million in a second closing for its Series B funding round as it eyes Latin America expansion. The unicorn completed the first closing of the round in July, raising $200 million from the SoftBank Latin America Fund. The second closing acts as an extension where more investors can join the round. New investors include U.S.-based equity fund 10T and venture capital fund Tribe Capital, plus Brazil-based firms Traders Club, Pipo Capital and Endeavor.https://www.theblockcrypto.com/linked/125767/brazils-2tm-raises-50-3-million-in-second-series-b-closing?utm_source=rss&utm_medium=rss
9. South Korea’s Shinhan Bank (Ripple client) and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network..https://cointelegraph.com/news/charity-platform-expects-significantly-larger-crypto-than-fiat-donations-for-giving-tuesday
10. Huobi Tech is introducing crypto lending for institutional investors in Hong Kong, according to a company press release shared with CoinDesk. The loans will range from $10,000 to $100 million in USDT and other currencies,
Despite its regulatory issues in Singapore, Huobi Global has chosen the country as its regional headquarters. The exchange will have another one set up in Europe.

https://cryptopotato.com/huobi-wallet-launches-hearn-making-digital-wealth-management-safe-and-secure/

Huobi Wallet Announces the Launch of HEarn | Finance Magnateshttps://www.financemagnates.com/cryptocurrency/news/huobi-wallet-announces-the-launch-of-hearn/

Huobi Tech is introducing crypto lending for institutional investors in Hong Kong, according to a company press release shared with CoinDesk. The loans will range from $10,000 to $100 million in USDT and other currencies,

Despite its regulatory issues in Singapore, Huobi Global has chosen the country as its regional headquarters. The exchange will have another one set up in Europe.

https://cryptopotato.com/huobi-wallet-launches-hearn-making-digital-wealth-management-safe-and-secure/

Huobi Wallet Announces the Launch of HEarn | Finance Magnateshttps://www.financemagnates.com/cryptocurrency/news/huobi-wallet-announces-the-launch-of-hearn/

11. https://www.theblockcrypto.com/post/125770/coinbase-to-acquire-crypto-custody-technology-firm-unbound-security

12. https://cointelegraph.com/news/binance-ceo-reveals-one-key-factor-for-token-listings

13. https://cryptoslate.com/cz-hints-that-france-is-in-the-running-as-the-new-binance-global-headquarters/

14. https://cryptoslate.com/request-network-partners-with-wikimedia-to-launch-blockchain-powered-donations/

15. https://medium.com/avalancheavax/fireblocks-launches-support-for-avalanche-fbf824df6bc2

16. Social media, Liquidity, volatilities, derivatives, trading data, fear & greed indexes, fees, huge volumes going through the exchanges, supply on exchanges are low, Inflation, Hacks, DeFis, NFTs, funding rates, fiat markets, investments start up funding from equity and debt markets - massive amounts will go to Cryptocurrency projects, economics, Government, Regulations, more cryptocurrency stories and so much more .....

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