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Announcement: It is an amazing year I have been on publish0x and posted articles. This marks my one-year anniversary! Thanks for all your supports and time to read my articles. Some are not so good I think.
LOL. Cheers!
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Market Data Highlights
Bitcoins opens at $61K. It hits lowest at $60K and highest at $62K and stable around $61K ~ $62K. The average transaction fee is $3.39 which is a 4.75% decrease from 11-04-21. Fear and Greed level is at 73.
Ethereum opens at $4.5K. It hits lowest at $4.4K and highest at $4.5K and stable around $4.4K. The average transaction fee is $48.52 which is a 9.12% decrease from 11-04-21. Fear and Greed level is at 69.
Here are some highlights to support my analysis:
Bitcoin Value = $55k ~ $68k and my position is Long.
Ethereum Value = $3.9k ~ $5.0k and my position is Long.
NFT market highlights:
The NFT market is up. There are more users and trades are up as well due to the price of Ethereum going down. After all, it is a healthy market.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Miami Mayor announces will take the next paycheck entirely in BTC.
Blockchain.com fires former SEC official aims for future regulations uncertainty.
Bearish News 📉
Defi protocol bZx was compromised for $55 million due to private key leaks. It may affect Polygon and Binance Smart Chain networks.
Lawsuit files from Jack-in-the-box to FTX US about the moon man character infringement. What do you think? Both are creepy-looking anyway.
Dogecoin and SHIB help breeders for Shiba Inu dogs demand.
JPMorgan supports Ethereum after their miss judgment on Bitcoin.
Future Trend 🚀
One of the world’s biggest game developers wants to enter play-to-earn tokenomics and NFTs.
Institutional investors trim gold and increase Bitcoin exposure by 10%.
Meten EdtechX, a China-based English language training firm ventured into the Bitcoin mining aims to prevent China cracks down on the private tutoring business. From private tutoring to the Bitcoin mining business. What a venture!
Cross-network digital assets will be a new trend.
Taproot is about to come out. It is upgrading to have an easier, less expensive, and more private use of multiple signature smart contracts. Bitcoin's most significant soft fork "Taproot" is almost complete by Nov. 16th. It is a significant upgrade since 2017. It will release Bitcoin smart contract that not only increases its security but also reduce its transaction cost! In contrast to Ethereum 2.0, Bitcoin is focusing on its best, security. While Ethereum sacrifices security to scalability. Two different approaches will have two different futures.
Scam Alert ⚠️
Scam: metahero.io
Reason: you cannot sell tokens unless with a margin exceeding 30%!
Scam types: prevent sale, fake swap, rug pull potential
Join my newsletter for daily articles updates and if you want to support my works to subscribe exclusive researches on crypto projects. I created a scam alert channel in noise.cash here and you can check out my channel here.
Thanks for reading and see you tomorrow!
Photo by Pixabay from Pexels
Note: Cross-references of this article has created by author and has cross-referenced on multiple platforms at here. You can also find individual link below ⬇️⬇️:
Should you have any questions or concerns, please reach out to me 👋 at social media here ⬇️⬇️:
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You can reference my previous monthly Bitcoin and Ethereum analysis here ⬇️⬇️:
Note:some links refer at the beginning of next month that include all previous month links of reports
💪💪 January 2021 Technical Analysis Summary 🚀🚀
💪💪 February 2021 Technical Analysis Summary 🚀🚀
💪💪 March 2021 Technical Analysis Summary 🚀🚀
💪💪 April 2021 Technical Analysis Summary 🚀🚀
💪💪 May 2021 Technical Analysis Summary 🚀🚀
💪💪 June 2021 Technical Analysis Summary 🚀🚀
💪💪 July 2021 Technical Analysis Summary 🚀🚀
💪💪 August 2021 Technical Analysis Summary 🚀🚀
💪💪 September 2021 Technical Analysis Summary 🚀🚀
💪💪 October 2021 Technical Analysis Summary 🚀🚀
💪💪 November 2021 Technical Analysis Summary 🚀🚀
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You can reference my previous daily Bitcoin & Ethereum analysis here ⬇️⬇️:
Bitcoin & Ethereum Valuation and Opinion 10-23-21📉
Bitcoin & Ethereum Valuation and Opinion 10-24-21📈
Bitcoin & Ethereum Valuation and Opinion 10-25-21📉
Bitcoin & Ethereum Valuation and Opinion 10-26-21📈
Bitcoin & Ethereum Valuation and Opinion 10-27-21📉
Bitcoin & Ethereum Valuation and Opinion 10-28-21📉
Bitcoin & Ethereum Valuation and Opinion 10-29-21📈
Bitcoin & Ethereum Valuation and Opinion 10-30-21📈
Bitcoin & Ethereum Valuation and Opinion 10-31-21📉
Cryptomarket Valuation and Opinion 11-01-21📈
Cryptomarket Valuation and Opinion 11-02-21📉
Cryptomarket Valuation and Opinion 11-03-21📈
Cryptomarket Valuation and Opinion 11-04-21📉
You can reference my Bitcoin methodology here and here.
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You can reference my previous daily Dogecoin analysis here ⬇️⬇️:
Doge Analysis 12-28-21📈
Doge Analysis 01-01-21📈
Doge Analysis 01-02-21📈
Doge Analysis 01-11-21📉
Doge Analysis 01-28-21📈
Doge Analysis 02-04-21📈
Doge Analysis 02-07-21📈
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Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
