Week in review: November 12, 2021 – BTC and ETH reach record highs

Written by ALT 5 Sigma
on November 15, 2021

In this week’s newsletter:

  • Crypto market cap tops $3 trillion as bitcoin and ether reach record highs.
  • With 7 weeks still left in the year, 2021 inflows for digital assets have already topped 2020 by $2.2 billion.
  • Kevin O’Leary says his crypto holdings today are ‘almost at 10%’.

Read our weekly round up below.

Crypto Market Cap Tops $3 Trillion as Bitcoin and Ether Reach Record Highs

The Block: November 9, 2021

The milestone comes as bitcoin (BTC) and ether (ETH) have surged to record highs. At the time of writing, BTC is trading at around $68,000 and ETH is changing hands at about $4,800.

Bitcoin Tops Record-Breaking $6.4 Billion in Institutional Money Inflows

Decrypt: November 8, 2021

As of Friday, the running tally of digital asset inflows among crypto asset managers reached $8.9 billion following 12 straight weeks of growth. That’s already $2.2 billion more than the total invested in 2020.

Kevin O’Leary Says His Crypto Holdings Today Are 1Almost at 10%’

CNBC: November 11, 2021

His holdings include many digital coins, but also products in the space, such as companies building decentralized wallets, O’Leary said. “So, we’re going to end up at the end of the year with a very significant holding in crypto assets, and it’s not just bitcoin.”

This Week in Bitcoin: Momentum Cools after ATH

Tipranks: November 10, 2021

The world’s largest cryptocurrency by market cap continued its dream run, as BTC prices rallied to unprecedented highs of $68,568. This is the first time Bitcoin has managed to crack $67,000 resistance, sparking forecasts that the digital asset may well continue its upward trajectory until the end of 2021.

Dogecoin (DOGE) community Prepares For Mainstream Adoption, as Devs Taunt New Version

Crypto Slate: November 9, 2021

The new Dogecoin Core version, which will ensure that all network participants pay lower transaction fees, is close to being released, according to the developers.

Are Institutional Investors The Key Silent Partners of Crypto?

Cointelegraph: November 12, 2021

Imagine an institutional investor like an insurance company or pension fund decides that it wants to test the cryptocurrency waters. Or maybe a large corporation is looking to buy some Bitcoin (BTC) to diversify its treasury holdings.

The Majority of Game Developers Are Beginning to Include Blockchain in Their Games According to Study

Bitcoin.com: November 12, 2021

Most game developers in U.S. and U.K. are now using blockchain elements in their games, according to a study released this week.

How Far Can Cryptocurrencies Go?

FX Street: November 12, 2021

El Salvador is the first country in the world to adopt cryptocurrency as the official currency for money transactions and payments. Critics of cryptocurrencies focus on the fact that cryptocurrencies have been adopted in this country because of the serious weaknesses of its financial system.

ALT 5 Sigma

ALT 5 Sigma

Next-Generation Blockchain Powered Financial Platforms