This Bitcoin on-chain analyst says retail hasn’t “bought the dip this hard” since the Covid crash

Happy Thursday, everyone! The global crypto market cap is $2.24 trillion with a 24-hour volume of $10

CryptoSlate Newsletter @cryptoslate

Happy Thursday, everyone! The global crypto market cap is $2.24 trillion with a 24-hour volume of $106.05 billion. The price of Bitcoin is $48,085.38 and the BTC dominance is at 40.6%. The best performing cryptoasset sector is Real Estate, which gained 15%.

This Bitcoin on-chain analyst says retail hasn't "bought the dip this hard" since the Covid crash While the Bitcoin price continues to stubbornly move sideways, market watchers are wondering how the year will end–is there time for another rally or will the support at $46.000 cave? Despite the tight trading range over the past two weeks, popular Bitcoin on-chain analyst Willy Woo pointed out indicators that are showing no signs of […] cryptoslate.com

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Coinbase strikes a promo deal with NBA player Kevin Durant Leading cryptocurrency exchange Coinbase has roped in Kevin Durant, the legendary NBA star, as a new prominent face of the brand. cryptoslate.com

Nexo teams up with Three Arrows Capital and launches NFT Lending Desk Nexo announced the launch of a new NFT Lending Desk service for OTC clients– becoming the first crypto lender to introduce NFT-collateralized crypto credit and art financing services for the asset class. cryptoslate.com

Banksy's renowned Wharf Rat will be auctioned as an NFT Banksy's Wharf Rat was discovered for the first time in 2010 on San Francisco's Pier 39 on Fisherman's Wharf. cryptoslate.com

NBA legend Michael Jordan teams up with Solana for "Heir" community platform Widely acknowledged as the greatest basketball player of all time, Michael Jordan, with help from Solana, is turning his hand to NFTs. cryptoslate.com

All you need to know to invest in DeFi According to Footprint Analytics, DeFi has a TVL of $274.4 billion as of November 23, 2021，while that was only $13 billion one year ago. cryptoslate.com

How MetaGods is aiming to disrupt play-to-earn gaming Featuring multiplayer online action, MetaGods brings exploration and the slaying of mythical monsters into one tidy package for a gaming experience like no other. cryptoslate.com

Dogecoin price spikes 20% after Elon says Tesla will accept it as payment for merchandise The recent tweet of Elon Musk accepting Dogecoin as payment for some of its Tesla Merch has greatly impacted the prices of Dogecoin. cryptoslate.com

Unreleased Whitney Houston NFT track sells for just short of $1 million A rare Whitney Houston NFT track sold for $999,999 via the eco-friendly non-fungible music platform, OneOf. cryptoslate.com

Celsius founder Alex Mashinsky analyses the most bullish factors that drove adoption in 2021 In this week's Cryptonites interview, co-founder, chairman and CEO of Celsius Network, Alex Mashinsky, shared his Bitcoin price prediction, while explaining why the "hodl and rebalance" approach is the best way to play the volatile crypto market. cryptoslate.com

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