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🚀 El Salvador Buys The Dip Once More 🔼
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Have a great Tuesday, Geckos! El Salvador's president, Nayib Bukele, announced that the Latin American country had purchased 150 additional Bitcoin (BTC) when prices fell on Monday morning.
"They can never beat you if you buy the dips," Bukele tweeted, adding that his suggestion can be considered "presidential advice."
El Salvador now holds 700 Bitcoin worth around $31 million, with an extra of 300 Bitcoins just two weeks after its first purchase of 400 Bitcoin on September 6.
In today's news, Sorare secures $680M in Series B funding, Binance ends crypto derivatives in Australia, and Decentral Games secures Binance Smart Chain's accelerator fund.
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| Sorare Triumphs With $680M Sorare, a European fantasy soccer collectible platform, completed a $680 million Series B financing on Tuesday, the largest funding round so far in the non-fungible token (NFT) industry.
The funding round was co-led by SoftBank Vision Fund, LionTree, Bessemer Ventures, IVP, Hillhouse, and Atomico.
Its valuation has now risen to $4.3 billion, with over 600,000 registered customers and over $150 million in digital cards transacted on its network since January. CoinDesk | | Binance Regulatory FUD Continues Binance will stop offering derivatives to Australian crypto traders by the end of the year, while existing customers will have 90 days to cancel their positions in options, futures, and leveraged tokens.
Users will no longer be able to reduce their positions manually after December 23, and any remaining open positions will be closed.
The ailing Binance brand has been repeatedly reprimanded by regulators worldwide, particularly in the United States, where it has been accused of insider trading. CoinDesk | | Decentral Games Secures BSC DeFi Fund Decentral Games (DG) has received funding and support from Binance Smart Chain's $100 million accelerator fund to assist its expansion.
According to a company release, it will use the funding to assist in developing non-fungible token (NFT) markets on the Binance Smart Chain and accelerate the creation of new games and features for its existing six metaverse venues.
"With Decentral Games paving the way for GameFi projects to connect crypto with entertainment, play-to-earn incentives models have a higher scope for better mass adoption," BSC ecosystem coordinator Samy Karim stated. Bloomberg |
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There are three stages to a golden cross, where the first stage is when the downtrend has bottomed out. The second stage is when short-term moving average moves from below to above the long-term moving average. The last one is a sustained uptrend to higher prices. The opposite movement of golden cross is called death cross. Learn about other Crypto terms here | | | | | | Galaxy Egg #5039Gallery: Galaxy Eggs Galaxy Eggs by Gal Barkan - a collection of 9,999 eggs of the metaverse. Check out other NFTs on CoinGecko ___________________________________________________________________
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