Short cryptonews for this week 45/52 (2023)

Short cryptonews for this week 45/52 (2023)

By Pasucaru | Crypto on fire | 11 Nov 2023


- The price of Bitcoin is trading above $37,000 and Bitcoin dominance above 50%. The number of addresses holding more than $1,000 worth of Bitcoin has reached a new high.

- Ethereum goes above $2,000.

- Cardano (ADA) and Polkadot (DOT)♦️announced a strategic partnership. Cardano adopts Substrate, a technology developed by Polkadot, to boost partner chains.

- The NEAR Foundation and Polygon Labs announce a strategic partnership to jointly build zkWASM.

- Polygon launches Polygon Village 2.0, which aims to boost ecosystem development with a dedicated fund of $90 million.

- DZ Bank, Germany's third-largest bank with more than €300 billion in assets under management, will enable its institutional clients to invest in cryptocurrencies through the launch of a blockchain-based digital custody platform. DZ Bank is also developing direct investment services in cryptocurrencies for individual clients.

- HSBC, Hong Kong's largest bank, plans to offer its institutional clients a custody service for digital assets such as tokenized securities.

- Ubisoft and Immutable are teaming up to develop “a new gaming experience that will further unlock the potential of Web3”. 

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Pasucaru
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