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Daily Crypto News Dec 2, 2021: Top 5 Daily Crypto News

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For the crypto enthusiasts, November has to be a month tagged as the Market correction month. Not to think twice about your price predictions, keep faith in the coins you love most! We now have the metaverse to think about! A whole new possibility for the crypto-verse! December is here and the last month of 2021 is already giving us a peep into the expectations we can keep for 2022. With huge investments in Shiba Inu and millions of dollars worth of land already sold in the metaverse, the crypto market is taking a turn into the future we have been envisioning while playing our favorite games!

Quick Crypto Round-up

DAILY CRYPTO NEWS  DEC 2, 2021

Canadian Medical Startup Acquires 31 Billion SHIB Tokens — Will Now Accept Shiba Inu Payments

On Wednesday, ‘Ask The Doctor’ a leading Canada-based online medical service provider announced that it had added $1.5 Million worth of Shiba Inu to its balance sheet. According to the source, the healthcare startup has acquired approximately 31 Billion SHIB. The firm is also making preparations to start accepting the SHIB token as a payment option from its partners in less than three days.

The announcement of the firm’s investment in SHIB came in less than three hours since the startup announced that they have been receiving numerous demands from crypto users, specifically by the “SHIBARMY” to start accepting the token.

Read more on the news here.

Source: zycrypto

1inch Network concludes $175M Series B led by Amber Group

Decentralized exchange 1inch concluded a huge Series B funding of a whopping $175M! This is as part of a broader effort to expand their protocol utility and increase access to liquidity within the decentralized finance (DeFi) market. The funding series was led by crypto-finance unicorn Amber Group and a total of 50 other investors! The funding will also help them in their efforts to onboard institutional clients, build new protocols and expand the utility of the 1INCH token. At the time of writing, 1INCH’s total market capitalization was roughly $650 million.

Click here to read the full news.

Source: CoinTelegraph

$106M worth of Metaverse land sold last week: DappRadar

Without a doubt, the announcement of metaverse has hyped up the NFT space for its next step into the crypto space. We are all looking forward to 2022 for all the newer possibilities this will bring. According to data from DappRadar, 4 blockchain-based Metaverse projects have generated more than $100 million worth of virtual land NFT sales just last week! The projects were Sandbox, Decentraland, Cryptovoxels, and Somnium. 

DappRadar also noted that this wave of attention towards virtual worlds like The Sandbox and Decentraland started with Facebook’s rebranding to Meta.

Read the news about Metaverse here.

Source: CoinTelegraph

Crypto Market Trend December 2, 2021 

Here is a quick summary of the top crypto gainers and losers for the day. 

Top 3 Crypto Gainers 

Cryptocurrency  Price (latest by December 2, 2021)  Change in % 
Terra (LUNA) ₹4,921 12.72%
dydx (DYDX) ₹1,099 11.04%
Polygon (MATIC) ₹164 9.0%

*Prices are latest by 3:00 PM December 01, 2021.*

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by December 2,  2021)  Change in % 
Basic Attention Token (BAT) ₹112 8.73%
PakcakeSwap (CAKE) ₹1,043 7.82%
Curve (CRV) ₹393 6.04%

*Prices are latest by 3:00 PM December 01, 2021.*

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