Bitcoin (BTC)Crypto News

Bitcoin tops $ 50,000, Luna dominates (this week’s roundup)

                                                            Heiligabend steht vor der Tür und er ist grün.  Die überwältigende Mehrheit der Cryptowährungen handelt heute gut im grünen Bereich, und zwar die ganze Woche.  Beginnen wir mit Bitcoin.

The price of BTC was trading at around $ 46,000 around this time last week. On Sunday we saw the first bullish attempt but the price was declined above $ 48,000 and traced back to $ 46,000. Then things started looking positive and Bitcoin started climbing towards $ 50,000. It was close to that coveted level on Wednesday, but the bears intervened again, pushing it back towards $ 48,000.

However, values ​​changed on Thursday and Friday as the price skyrocketed from below $ 49,000 to an intraday high of around $ 51,500. The price is now trading just under $ 51,000, an overall increase of about 6.5% in seven days.

The rest of the market is doing well in the green as well. Ethereum increased by 2.4%, BNB – 3.4%, Solana – 6.8%, ADA – 14.6%, but the undeniable winner and the cryptocurrency that completely dominated this week’s momentum is Luna.

LUNA is currently trading at $ 96 after trading a new one at over $ 100 All time high had achieved. It’s up a whopping 50% in the past seven days, and its momentum and social media presence are overwhelmingly positive.

Another exciting thing happened this week on a slightly different front. the NFTs from the Bored Ape Yacht Club collection, the Crypto Punks have flipped for the first time in history regarding the reserve price.

Market data

Market capitalization: $ 2.506 billion | 24H Vol: 114B | BTC dominance: 40.4%

Bitcoin: $ 50,967 (+ 6.5 %%) | ETH: $ 4,066 (+ 2.6%) | ADA: $ 1.43 (+ 14.6%)

SWIFT plans to investigate tokenized assets in the first quarter of 2022. SWIFT – the financial intelligence mogul, plans to launch a pilot to investigate interoperability in the emerging area of ​​asset tokenization. According to reports, this should take place in the first quarter of next year 2022.

Parachains are up now Polkadot live: first blocks are produced. After the successful completion of the auctions, the first parachains are now running in the Polkadot network. Namely, these are Moonbeam, Parallel Finance, Astar and Clover – and the first blocks have already been successfully produced.

Google Trends 2021 Edition: NFTs want to break the ATH record. Data from Google Trends shows that the demand for non-fungible tokens (NFTs) was really spectacular in 2021. Search queries for “NFT” soared over the course of the year and recently hit a new all-time high.

BitMEX launches its Native Exchange Token – BMEX. One of the world’s most popular derivatives exchanges – BitMEX – announced that it is launching its native cryptocurrency called BMEX. The market launch will take place in early February 2022.

China’s Largest News Agency Xinhua Launches NFT Collection. Despite its tough stance on cryptocurrencies, China’s largest news agency – Xinhua – is set to launch an NFT collection. It is worth noting that it is a state media agency that will release a total of 110,001 copies of unique photographs taken by journalists in 2021.

NFT Flippening: Bored Ape Yacht Club price higher than CryptoPunks for the first time. The Bored Ape Yach Club NFT collection reversed the retail price of the famous crypto punks for the first time. It did so because of improved capabilities, according to CoinGecko’s COO.

Diagrams

This week we have a chart analysis of Ethereum, Ripple, Solana, Luna and Avalanche – Click Here for Full Price Analysis.

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Source: Crypto News Deutsch

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