📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $56,519
Bitcoin price has slumped back below $57,000 once again, as price appears to be reaching a crucial decision point.
Top-20 altcoins are down across the board, as Ethereum falls 4%, Avalanche tumbles 11% and Cardano stands out with an 8% jump.
Top Stories for December 2, 2021 🔥
VanEck has filed with the SEC for a digital asset mining exchange-traded fund (ETF), which would allow investors to obtain diversified exposure to cryptocurrency mining companies.
The fund plans to invest 80% or more of its total assets into companies that are likely to earn at least half of their revenues from crypto mining activity or similar.
Other crypto mining-related ETFs have performed well this year, as two other similar products gained between 26% and 45% since they hit the market.
Coinbase Cloud, the staking arm of Coinbase, has reached $30 billion in cryptocurrency assets staked as of November. More than 25 different proof-of-stake blockchains are supported.
The platform, formerly known as Bison Trails, is a non-custodial staking platform that was acquired earlier this year for more than $80 million.
Data from DappRadar has shown that Metaverse land sales reached more than $100 million last week, with a total of $105.8 million worth of trading volume occurring across several prominent projects.
Notable trading activity occurred across The Sandbox, Decentraland, CryptoVoxels and Somnium Space, with participation from more than 6,000 traders.