Bitcoin Mining Company Bitdeer To List Publicly Following $4B SPAC Merger – November 18

๐Ÿ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:ย $56,952

Bitcoin price has slumped back below the $57,000 level to begin Thursday, as it continues its recent slide from all-time highs.

Top-20 altcoins also continue to suffer, as Ethereum falls another 6%, Solana tumbles 12% and Shiba Inu suffers a 16% loss.

Top Stories for November 18, 2021 ๐Ÿ”ฅ

๐Ÿ‘‰ Bitcoin Mining Company Bitdeer To List Publicly Following $4B SPAC Merger

Bitcoin mining company Bitdeer Technologies has entered a $4B merger agreement with special purpose acquisition company (SPAC), Blue Safari Group Acquisition Corp.

Bitdeer Technologies is owned by Jihan Wu, former chairman of the Bitcoin mining giant Bitmain. Wu’s ownership of Bitdeer was a result of a Bitmain business split, which occurred at the end of 2020.

๐Ÿ‘‰ Acala Wins First Parachain Auction On Polkadot Network

Decentralized finance platform Acala has won the very first parachain auction on Polkadot, securing $1.3 billion in contributions.

Acala beat Ethereum bridge Moonbeam for the slot, leading the auction for a larger proportion of time โ€“ despite Moonbeam gathering more contributions in total.

Five winning Polkadot parachains will go live in mid-December of this year.

๐Ÿ‘‰ Bored Ape Yacht Club NFTs Featured In Post Malone Music Video

Post Malone has featured Bored Ape Yacht Club (BAYC) NFTs in his new music video โ€œOne Right Nowโ€, in collaboration with The Weeknd.

Malone purchases one of the BAYC NFTs in the video using MoonPay, a crypto payments provider set to reach a $3.4 billion valuation after its first VC raise.