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#BTC is currently skyrocketing in the Turkish market as many people in the country have turned to the cryptocurrency to hedge against the declining value of the Lira, the nation’s fiat currency. At the time of writing, $BTC was trading at 772,913 Lira on Trading View. #Bitcoin

Polygon & Alexis Ohanian’s venture capital firm, Seven Seven Six, announced a $200 million initiative backing projects operating at the intersection of social media and #Web3. The initiative will focus on gaming applications &social media platforms built on #Polygon.

The German multinational corporation Adidas announced the launch of the company’s first Adidas Originals NFT collection. The Adidas Originals NFT drop is in partnership with the Bored Ape Yacht Club (BAYC), the cryptocurrency investor Gmoney, and the comic series Punks Comics.

It was Dec. 15, 2018 that #Bitcoin ended an entire year of retracement from then all-time highs of near $20,000. Compared to this year's $69,000 peak, $BTC investors have thus had exposure to as much as 2,125% gains. So, its bull market is actually three years old this month.

#dogecoin, one of the most recognizable names in the #crypto space, has made remarkable strides with the minting of the first-ever #NFT on the blockchain. It is a big leap from being a ‘joke’ project to being a major player in the space.

Former First Lady Melania Trump has announced that she is taking a leap into the NFT world with the launch of some of her favorite art pieces. The #NFTs will be released in regular intervals exclusively on her official website with the first NFT titled “Melania’s Vision”

According to data shared by Whalestats, #shibainu has regained first place among #Ethereum whales. At the moment, $SHIB dominance among $ETH-based tokens held by Ethereum whales totals 7.06%. Next, come FTX token with 6.57% and USDT (4.45%).

U.K.-based crypto payment processor Wirex also plans to issue its card to Ukrainian crypto holders. The company supports more than 20 cryptocurrencies, including major coins such as $BTC and $ETH as well as popular altcoins like $DOGE.

The number of #Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000. cointelegraph.com/news/fish-…

Payment services giants Visa, Mastercard, and PayPal don’t see the rise of the crypto industry as a threat, and both will continue to invest across the crypto ecosystem, New York-based research firm MoffettNathanson told clients in a note Wednesday. #Bitcoin #Ethereum #Cryptos

Shopping․io, the very first E-commerce platform that allows users to purchase from major hubs using over 200 cryptocurrencies, On December 3rd, announced their incredibly daring & adventurous journey into the Metaverse with the introduction of their genesis NFT line – Shopverse!

The single largest #Ethereum contract containing 8,641,954 $ETH worth $33.5 billion is sitting idle because it cannot be spent or sent.

#Ethereum’s important moving averages are as follows: 20-Day MA [$4,248], 50-Day MA [$4,188], 100-Day MA [$3,671], 200-Day MA [$3,022]. #ETH’s 24 hour price range is $3,710-$3,881 and its 7 day price range is $3,710-$4,458. Ether’s 52 week price range is $575.67-$4,878.

Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country. #Binance #Crypto

$BTC recovered some losses from Monday, trading above $48,000 on Tuesday. But the optimism may be short-lived as trading volume remained low. #Bitcoin’s trading volume across major centralized exchanges on Tuesday was down from a day ago, reflecting a conservative view.

#Ethereum price analysis is bullish today as we expect a retracement to look for another lower high over the next 24 hours. Since ETH/USD rejected further downside overnight, the market has indicated that further downside should not follow without a substantial pause.