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Crypto Updates Nov 18, 2021: Top Crypto News for today

While most part of the world is still speculating the regulations around the crypto space, Binance has already proposed the top 10 fundamental rights for crypto users. It has also asked for a regulatory framework, which will serve as the guiding light for future regulations around the cryptocurrency sector. It has also started working with various policymakers and regulators around the globe. Read more on this below. 

Bitpay, a payment provider to support SHIBA INU says AMC Entertainment. SHIBA INU, largely a meme coin has been the talk of the crypto space for quite some time now. CoinDCX also Listed SHIBA INU recently. Read more about Bitpay and AMC entertainment below. 

Bloomberg decides to track Solana after Bitcoin and Ethereum in their terminal. The terminal went live on Monday with the title Bloomberg Galaxy Solana Index and it is also the first institutional-grade pricing system for Solana. Read more on this below. 

Before we start diving into the top crypto news let’s explore the top 3 gainers and losers for the day.  

Crypto Market Trend  November 18, 2021 

Top 3 Crypto Gainers 

Cryptocurrency  Price (latest by November 18, 2021)  Change in % 
The Sandbox (SAND) ₹316 17.28%
Algorand (ALGO) ₹156 14.58%
Maker (MKR) ₹2,46,022 10.07%

 

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by November 18,  2021)  Change in % 
Loopring (LRC) ₹199 9.24%
OMG Network (OMG) ₹795 7.74%
Polymath (POLY) ₹54 7.01%

Crypto Updates Nov 18, 2021

Binance calls for a Global regulatory framework for Crypto Market 

The world’s leading Blockchain ecosystem, Binance announced the 10 fundamental rights for crypto users and calls for a regulatory framework around it. These 10 fundamental rights are supposed to serve as a guiding hand for the future regulatory decisions and development frameworks of the crypto markets. 

These fundamental rights are published globally today to ensure secured access to the new emerging technology. Binance is also working with the policymakers and the regulators in the development of a regulatory framework to achieve the mutual goal to protect the users. The Indian crypto sector has also been trying to bring in regulations to help the sector grow. Although there is no framework around crypto taxation in India as of now, experts believe that the sector shall get regulated soon. 

Read more about the 10 fundamental rights to protect the crypto users proposed by Binance. 

Source: Insider.com

Shiba INU to be supported by Bitpay

World’s largest Movie Exhibition company, AMC Entertainment says that the meme cryptocurrency SHIBA INU will be supported by the payment provider, Bitpay. AMC might be able to accept SHIBA INU as a payment currency after a few months. 

Read more about SHIBA INU being supported by Bitpay and AMC’s take on it, here.

Source: Bitcoin.com  

Solana becomes the third crypto after Bitcoin and Ethereum to be tracked on the Bloomberg terminal

Solana becomes the third cryptocurrency to be tracked by the Bloomberg terminal following Ethereum and Bitcoin. After the mass adoption of Solana, the Ethereum killer, has become the fourth-largest cryptocurrency by market capitalization. The terminal went live on Monday with the title “Bloomberg Galaxy Solana Index” and it’s the first institutional-grade pricing source for Solana. 

Read more about Solana getting tracked by the Bloomberg terminal here

Source: Bitcoinpress

 

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