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A quarter of Australian cryptocurrency users intend to purchase crypto Christmas gifts.

More than a quarter of Australian crypto users polled in October intend to use digital assets as part of their holiday gifts this season.

Crypto wallet and services provider Crypto.com interviewed 2,020 Australians between the ages of 18 and 59. Of those who had used cryptocurrency in the previous 12 months, 26% said they would consider giving it away for Christmas or purchasing crypto-related gifts.

More than half, or 53%, of those planning to buy crypto gifts indicated they would consider buying crypto-assets such as Bitcoin (BTC) or Ethereum (ETH) for their loved ones this holiday season.



Traders are looking for a trend reversal after the price of Ethereum fell to $4,100.

After Today's 13% decline to $4,100, Ethereum (ETH) traders may have a few reasons to fear. The sharp drop appears to have broken a 55-day ascending channel with a $5,500 goal.



Polygon introduces a DApp scaling method based on zk-STARK.

Polygon, a layer two scaling solution for Ethereum compatible blockchains, announced the introduction of its zk-STARK powered Miden Virtual Machine to develop decentralized apps, or DApps, in a press release supplied to Cointelegraph.



Tether has launched Synonym to increase Bitcoin acceptance via the Lightning Network.

Synonym Software Ltd., a business formed by stablecoin issuer Tether Holdings Limited, formally started on Tuesday, kicking off a massive initiative to bring Bitcoin (BTC) transactions mainstream via an independent financial platform based on the Lightning Network.

The startup revealed Tuesday that its stated purpose is to enable self-ownership and control of crypto assets by developing an open financial ecosystem based on Bitcoin and the Lightning Network. "Hyperbitcoinization will not happen by itself," claimed CEO John Carvalho. To live in a society free of giant banks, onerous regulations, and Big Tech, we need a strategy and ecosystem to replace the legacy economy. This is where Synonym comes into play."



The US Justice Department is selling $56 million in cryptocurrency to pay victims of BitConnect's fraud.

The US Department of Justice intends to sell cryptocurrencies worth $56 million seized in conjunction with its prosecution against the Ponzi scheme BitConnect.

On Tuesday, the Justice Department announced that it would sell the seized cryptocurrency and store the earnings in US dollars until it could utilize the funds to compensate BitConnect victims. The government of the United States is presently keeping the $56 million in cryptocurrency in wallets, and the amount of compensation to those affected by BitConnect's scam will be determined by a "future restitution decision by the court during sentencing."



Ripple proposes a regulatory framework for the cryptocurrency business in the United States.

Ripple, whose executives have frequently criticized the United States' seeming lack of regulatory clarity in the cryptocurrency industry, has laid out its own "pragmatic" structure.

Ripple published its idea for a regulatory framework to encourage innovation while protecting investors in the United States on its website on Tuesday. The business believes that regulators should be encouraged to support innovation sandboxes, that some existing frameworks in the United States can be applied to cryptocurrencies, and that there should be "an active communication between regulators and market participants."



A decentralized network creates a way to promote a free and open internet.

Our world is getting increasingly interconnected as new technology becomes available to an increasing number of end-users. However, as such technology spreads, so, too, does the reach of big tech.

Many of these companies now hold vast amounts of personal user data — information such as a user's location, activity on third-party websites, and even the contents of users' emails — which is astounding in a liberal democracy where concepts of freedom and social responsibility are both built on expectations of privacy in one's communications.



To counteract bogus extensions, Brave has launched a browser-native cryptocurrency wallet.

A browser that prioritizes privacy, Brave deepens its commitment to bitcoin adoption by replacing its extension-based cryptocurrency wallet with a browser-native cryptocurrency wallet.

On Tuesday, the business informed Cointelegraph that it is preparing the official launch of Brave Wallet, a self-custody cryptocurrency wallet incorporated inside the Brave desktop browser that allows users to store and acquire cryptocurrencies such as Ether (ETH).



The price of bitcoin falls below $60,000 as the Dollar Strength Index approaches 16-month highs.

Bitcoin (BTC) had its worst daily performance since September, falling 10% to around $59,000 on November 16. On the other hand, the US dollar rose to its highest level in sixteen months as retail spending in the United States increased amid persisting COVID-19 fears and inflation concerns.

On Coinbase, the BTC price reached an intraday low of roughly $58,600, only to recover and retake $60,000 as psychological support. Its downward movement appeared as US President Joe Biden signed a $550 billion infrastructure plan into law, including new tax-reporting requirements for bitcoin users.



Fears of a 'rising wedge' breakout might cause the price of Ethereum to fall by $4,000.

A selloff in Ether (ETH) on November 16 has raised the likelihood that its price would fall below $4,000.

ETH has dropped 10% to about $4,100 due to the ongoing market slump driven by Bitcoin (BTC). As a result, Ether fell below its fourth-quarter upward trendline support.



Bitcoin launches a 'picture-perfect bounce' at $58.5K as crypto liquidations exceed $875 million.

Bitcoin (BTC) regained control of the $60,000 mark on November 16 after a brief dip to around $58,500.



Bitcoin Price Analysis: A Rebound in the Price of BTC Coin May Push the Price to a New High

BTC is currently showing consolidated momentum on the daily chart and may rebound to a new high. Bitcoin's price has lost more than 8% of its current worth and is trading near $60385. Bitcoin ETF has witnessed significant investment and is on track to set a new high shortly. BTC's upward momentum could send it above $65000. One can anticipate a robust upward momentum in the future.



Ethereum Price Analysis: Prices for "meme coins" set fresh all-time highs

As Ethereum's price and market worth rise, so do alternative currencies like "meme coins" and "dog coins."

Ethereum, one of the most well-known cryptocurrencies on the market at the moment, and possibly only second to Bitcoin in terms of reputation, recently set a new high after rising to a value of $4,837.59, according to CoinMarketCap data.

Indeed, the continuous rise in this coin's value appears to have had a knock-on impact on the other coins that use the same blockchain technology as the digital asset, with "meme coins" and "dog coins" benefiting from the same recent price gains.



ALGO Coin Price Analysis: ALGO Coin Price Is Pinned To $1.72 Support

With the breakout from the ascending triangle pattern in the 4-hour time frame chart, the ALGO coin signaled a long opportunity. However, as predicted, the heavy selling pressure over the $2 mark ensnared some crypto traders with the ascending triangle pattern's fakeout.



Stellar Price Analysis: The XLM Coin Price Indicates A Bearish Reversal From The $0.43 Level

The XLM currency experienced a strong increase in October, with its price reaching $0.43. However, the significant selling pressure at this level triggered a bearish reversal in an attempt to keep the currency below the overhead barrier.

Even though we are now in the second part of November, the price is still fighting to break through this substantial resistance, signaling a recent bearish reversal from this level. The XLM coin is currently trading at $0.354, representing a 5.87 percent intraday loss.



eCash Price Analysis: Is the XEC Coin Preparing for a Short-Term Correction?

eCash's current price is $0.00020408, with a 24-hour trading volume of $158,454,696. In the previous 24 hours, XEC prices have declined by -1.5 percent. It now has a supply of 19 trillion XEC, with a total supply of 21 trillion.

The RSI indicator is neutral, and the MACD signals a sell signal. Traders have directed low volume. In reality, the cost was rejected by the opposition zone. According to a market review, this pattern will continue to fall in the following trading days.



Shiba Inu Price Prediction and Forecast: SHIB CRASHES WITH THE REST OF THE CRYPTO MARKET; IS IT TIME TO SELL?

Shiba Inu Price Prediction and Forecast: The price of Shiba INU is expected to be between $ 0.000041 and $ 0.000051 in the next 24 hours. For the next 24 hours, the overall recommendation is to sell.



Polkadot Price Prediction: DOT CRASHES TO UNDER $40 AFTER FAILING TO BREAK RESISTANCE

Polkadot Price Prediction and Forecast: The price of Polkadot is likely to be between $ 36 and $ 41 in the next 24 hours. The current recommendation for the next 24 hours is to sell.