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Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder: Hodler’s Digest, Nov. 21–27

Published 11/28/2020, 04:42 PM
Updated 11/28/2020, 05:00 PM
Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder: Hodler’s Digest, Nov. 21–27
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Buy the Dip

Bitcoin price tumbles, falling below $17,000 in biggest crash since March

At the start of the week, the crypto markets were brimming with optimism. Bitcoin was one resistance zone away from all-time highs, altcoins were rallying by triple digits, and the surge was making a splash on the homepage of The Wall Street Journal.

With Bitcoins market cap at all-time highs, it was time to celebrate with a nice turkey dinner and all the trimmings. Unfortunately, Thanksgiving left the crypto world with a rather bitter aftertaste.

Three reasons traders now expect Bitcoin hitting $13,000 before a new rally

Ethereum 2.0 confirmed for Dec. 1 launch, just hours before deadline

Yearn Finance is going on an acquisition spree

Facebooks Libra to reportedly launch in January 2021 as USD stablecoin

Winners and losers

Institutional money may propel Bitcoin to $250,000 in a year, says macro investor

XRP price spikes to $0.90, crashes in seconds as Coinbase goes down

PayPal suspends user for crypto trading using PayPals own service

Chinese police seized crypto assets worth $4.2 billion today from PlusToken Ponzi

Hodl or spend? Retailers offer Black Friday deals for those paying with cryptocurrency

Bitcoin and blockchain topics to discuss with the crypto curious this Thanksgiving

Ethereum 2.0 to boost DeFi but delayed launch may set the network back

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