📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $61,755
Bitcoin price has fallen back into the $61,000s. following yesterday’s brief revisit of the $63,000 mark.
Top-20 altcoins have also mostly fallen, as Ethereum drops 2%, Cardano falls 5% and Shiba Inu tumbles 14%.
Top Stories for November 4, 2021 🔥
Shiba Inu (SHIB) price has fallen significantly after a single entity made four transactions in the token totalling a whopping $2.3 billion.
The SHIB “whale” sent four transactions of more than 10 trillion SHIB to separate wallets, each transaction worth $586 million at market prices.
Social media users had speculated that the owner of the wallet had lost access to its private keys, after turning an initial $3,400 purchase into $1.55 billion.
Publicly traded crypto exchange Coinbase now enables customers to borrow up to $1 million in fiat currency against their Bitcoin holdings.
Users can take out up to 40% of their Bitcoin’s value, with an annual percentage rate of 8%, with no credit checks required. The cash can be obtained using PayPal or a regular bank account.
The Securities and Exchange Commission (SEC) is seeking public comments on Grayscale’s ETF proposal, which would turn its GBTC fund into an exchange-traded fund.
Grayscale’s proposal was filed on October 19, with a decision possible as early as Christmas Eve. SEC extensions on Bitcoin product applications, however, are common.