Trying to cut through the clutter in the crypto space? Don’t worry. Get acquainted with the latest happenings around the crypto world and the latest price trends you should be aware of to plan your next investment moves.
While Bitcoin continues to lead the Bull run 2021 setting new ATH on November 9, 2021, altcoins are not far behind. Solana has shown a remarkable movement of 20.04% in the last 7 days and has been in talks with collaborating with Brave browser. More on that below.
Bitcoin has been the center of attraction when it comes to the environmental hazards cryptocurrency possesses. However, Adam Back, CEO of Blockstream, believes that Bitcoin has the potential to reduce the carbon-producing industries. This is completely contradictory to what the mainstream media has been narrating. How correct is Adam’s narrative? you can find it below.
Before we move onto the steamy topics of the crypto world let’s take a glance at the top cryptocurrency gainers and losers for the day.
Crypto Market Trend November 9, 2021
Top 3 Crypto Gainers
|Cryptocurrency||Price (latest by November 9, 2021)||Change in %|
|Loopring (LRC)||₹ 191.89||38.98%|
|VeChain (VET)||₹ 14.22||11.69%|
|Litecoin (LTC)||₹ 19,708.25||20.64%|
Top 3 Crypto Losers
|Cryptocurrency||Price (Latest by November 9, 2021)||Change in %|
|Decentraland (MANA)||₹ 205.02||2.77%|
|The Sandbox (SAND)||₹192.75||1.11%|
|UMA (UMA)||₹ 1260.24||6.34%|
Crypto Updates November 9
Brendan Eich, the co-founder, and CEO of Brave and BAT announced in Libson at Solana’s Breakpoint conference along with Anatoly Yakovenko, CEO of Solana that the two companies will work together to produce the best in class wallet features. The first half of 2022 shall see Solana and Brave working side by side. Brave shall integrate the Solana blockchain system into its browser enabling a default Solana ecosystem that will support a community of 42 million monthly active users along with 1.3 million verified creators. Read the blog in-depth to understand better.
Bitcoin Price Continues to Surge reaches $68000
Bitcoin broke another record this year on November 9, 2021. The world’s largest cryptocurrency by market capitalization gained more than 3.2% in the past 24 hrs on Tuesday rising to a new all-time high of $68530. The last ATH set by BTC was $67000 on October 20, 2021.
Bitcoin has been on a bull run after recovering from its dip since the month of May. Wondering what makes Bitcoin achieve new heights regularly? Read here.
Investors often wonder whether Bitcoin will reach $100,000 in 2021. We have also done a detailed analysis for you to read here.
Adam Back, Blockstream CEO, believes that Bitcoin is more of an environmental boon than a bane. Adam Back’s change in thinking ideology has been majorly influenced by the discussions with Bitcoin developer Erik Voskuil.
Back admitted that Bitcoin miners might involve themselves with other consumerist activities which possess more threat to the environment. Read more on this here.
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