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

Cointelegraph

Published Nov 28, 2020 04:42PM ET

Updated Nov 29, 2020 05:40PM ET

h4 /h4
Buy the Dip
h4 Bitcoin price tumbles, falling below $17,000 in biggest crash since March/h4

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.

h4 Three reasons traders now expect Bitcoin hitting $13,000 before a new rally/h4 h4 Ethereum 2.0 confirmed for Dec. 1 launch, just hours before deadline/h4 h4 Yearn Finance is going on an acquisition spree/h4 h4 Facebooks Libra to reportedly launch in January 2021 as USD stablecoin/h4
Winners and losers
h4 /h4 h4 Institutional money may propel Bitcoin to $250,000 in a year, says macro investor/h4 h4 XRP price spikes to $0.90, crashes in seconds as Coinbase goes down/h4 h4 PayPal suspends user for crypto trading using PayPals own service/h4 h4 Chinese police seized crypto assets worth $4.2 billion today from PlusToken Ponzi/h4 h4 /h4 h4 Hodl or spend? Retailers offer Black Friday deals for those paying with cryptocurrency/h4 h4 /h4 h4 Bitcoin and blockchain topics to discuss with the crypto curious this Thanksgiving/h4 h4 /h4 h4 Ethereum 2.0 to boost DeFi but delayed launch may set the network back/h4

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