Cryptocurrency price LIVE – Crypto group DAO lose bid for copy of US Constitution that sells for $43.2MILLION

CRYPTO group DAO has lost a bid for a rare first edition copy of the US Constitution that was sold for $43.2million.

The group of crypto investors had collected more than $40million to buy the historic document, but were outbid by a private collector at the Sotheby’s auction on Thursday, The Wall Street Journal reported.

Meanwhile, Ether has fallen by more than 8 percent this week and Bitcoin plunged too, all while Shiba Inu reached a major milestone.

Ether fell to near $4,200, according to CoinDesk, and Bitcoin dropped by 9 percent.

Shiba Inu, on its part, is set to “reach a psychologically important number of ‘hodlers” at some point this month, according to Motley Fool, and has seen impressive gains. It sat at $0.00005273 early on November 15, which the outlet says equals a “run-of-the-mill gain of 10,339,116%” since its debut.

Crypto.com coin, GYEN, and Gala are all up on Coinbase, too.

Plus, Coinbase announced it would expand to accept five Ethereum-based altcoins, including ALCX, ENS and Gala.

It comes as President Joe Biden signed a sweeping infrastructure bill into law that includes cryptocurrency tax regulations.

Read our cryptocurrency live blog for the latest news and updates…

  • CRYPTO.COM COIN PRICE PREDICTION

    The Crypto.com Coin cryptocurrency hit a record high on November 15, reaching $0.52 at its peak, according to CoinMarketCap.

    In comparison, it was sitting at just $0.05966 on January 1 this year.

    The Crypto.com token has increased in value thanks to a number of factors.

    For example, it has secured several high profile sponsorship deals in 2021 including the UFC, Formula One Racing and Matt Damon’s Water.org.

    From December, the Staples Center – home to the Lakers and Clippers – will also be called Crypto.com Arena.

    Whether the Crypto.Com Coin continues to soar in value remains to be seen, but plenty of crypto fans have still made predictions.

    For example, Wallet Investor expects the token to hit a value of $0.538 in one year and $0.8023 in five years.

    Meanwhile, Digital Coin Price has set a 2021 forecast of $0.7036, a 2023 value of $0.9636 and it expects a 2028 price of $2.09.

  • CRYPTO.COM COIN, CONTINUED

    Crypto.com itself is one of the fastest growing cryptocurrency businesses in the world.

    Keegan Francis, crypto editor and expert of Finder, told The Sun the coin has many uses, but most notably is that it can be used to stake crypto on the mobile app in order to get the Crypto.com Visa debit card.

    He added: “Staking higher amounts of CRO across the platforms rewards users with more features and rewards.

    “Investors need to keep in mind that the token itself is tied directly to the success of the Crypto.com ecosystem.

    “That being said, Crypto.com has taken the initiative to decentralize CRO by building it into their own decentralized blockchain called Crypto.org.

    “This is a good step for them to take in order to ensure the longevity of their token.

    “It creates less dependence on the company itself, and begins to build out an independent community of developers, and market participants.”

  • WHAT IS CRYPTO.COM COIN?

    The Crypto.com Coin is the native token of the Crypto.com and Crypto.Org ecosystems.

    Also known as CRO, it launched at the end of 2018.

    The Crypto.com chain was created to build a network of crypto projects and to develop merchants’ ability to accept crypto as a form of payment, according to its website.

    Businesses can use Crypto.com pay checkout and/or invoice to allow customers to pay for goods and services with crypto using the wallet app.

    The firms then receive their payments in CRO, stable coins or in fiat currency, which is government-issued money like dollars or pounds.

  • GALA PRICE PREDICTIONS

    The Gala token began trading in September 2020.

    Gala has risen by 93.57% this week, according to Coinbase.

    Coach JV said: “My 3T Warrior Academy research team and I are super bullish on Gala.

    “The gaming industry is roughly a $175billion industry and is one of the largest media categories by revenue.”

    Meanwhile, Wallet Investor expects the cryptocurrency to hit $0.172 in one year’s time and $0.469 in five years.

    And Price Prediction Net estimates Gala will reach an average value of $0.20 in 2022, $0.60 in 2025 and $1.31 in 2027.

    These price predictions are far from guaranteed though, so you should take them with a pinch of salt.

  • WHAT IS GALA?

    Gala is a token in the gaming and NFT space.

    It’s used on Gala Games which is a platform created in 2019 by one of the co-founders of Zynga, an $8billion gaming company.

    Gala is used as the medium of exchange between people who are playing.

    The tokens can be used to pay for items within the game.

    John Vasquez, known as Coach JV, is a crypto expert and founder of 3T Warrior Academy who told The Sun: “Gala has a great foundation.

    “Gala gives their players true ownership of their in-game items and they do this with the use of NFTs.”

    Some of the popular games on the network include Town Star, Spider Tanks, Mirandus and Fortified.

  • GYEN PRICE PREDICTION

    The price of GYEN has jumped thanks to becoming available to Coinbase pro members.

    Where the price will wind up in the future is tough to predict – and it is yet to be included on other major exchanges like Robinhood.

    But Mrs Tatibouet notes that stablecoins aren’t exactly supposed to surge in trading like this.

    “It looks like the demand is so high that the peg has failed to hold,” she said.

    “A good stablecoin shouldn’t surge or fail under scrutiny.”

  • WHAT IS GYEN?

    When GYEN launched in March, the cryptocurrency claimed it was the “world’s first” regulated JPY-pegged stablecoin.

    Firstly, a stablecoin aims to, as its name suggests, sit at a “stable” price that’s fixed through an asset including a commodity or a currency.

    In the case of GYEN, its currency is the Japanese yen (JPY).

    According to GYEN, it is backed by an underlying fiat currency with a 1:1 reserve. This type of reserve is said to be frequently audited in an effort to avoid price volatility.

    The stablecoin, which runs on Ethereum’s blockchain, balances decentralized technology with payments systems and traditional finance.

  • ALGORAND PRICE PREDICTION

    While it will be tough to predict, it doesn’t seem unrealistic that it will hit $3 soon if favorable trends continue.

    Plus, Algorand has already exceeded the $3 in the past and it hit $2.66 today.

    To reach the $3 mark, Algorand would have to rise 62% from its current levels.

    Mrs Tatibouet thinks Algorand will be able to sustain the recent gains thanks to “intriguing” partnerships including one to power the nations central bank digital currency.

    “I definitely see ALGO push past the $3 level,” she said.

  • WHAT IS ALGORAND? PART TWO

    Moreover, Algorand has been expanding into non-fungible tokens (NFTs), decentralized finance (DeFi), as well as virtual currencies of central banks.

    Also, Marie Tatibouet, chief marketing officer of crypto exchange Gate.io, noted Alogrand’s smart contracts in its “layer-1 (ASC-1).”

    She said: “The contracts can run properly, whilst experiencing the security inherent in the base protocol.”

    According to ALGO, it has a maximum of 10billion supply mined at genesis.

    Algorand is currently ranked as the 20th largest cryptocurrency on CoinMarketCap, commanding a market capitalization of $11.67billion.

  • WHAT IS ALGORAND?

    Founded by Italian computer scientist and professor Silvio Micali, Algorand operates as an open-source blockchain network.  

    This means that the cryptocurrency is public and records can be easily found.

    Specifically, Algorand uses a pure proof-of-stake protocol.

    This allows randomly chosen users to propose blocks and vote for them, according to the cryptocurrency.

  • VOYAGER PRICE PREDICTIONS

    The mobile app of Voyager Token launched in January 2019 which has made it easier for users to trade cryptos.

    Voyager Token has risen by 51.59% this week, according to Coinbase.

    Meanwhile, Wallet Investor expects the cryptocurrency to hit $5.023 in one year’s time and $13.873 in five years.

    PricePrediction.net estimates Voyager Token will reach an average value of $6.27 in 2022, $18.32 in 2025 and $41.39 in 2027.

    These price predictions are far from guaranteed though, so go into any trading with caution.

    We’ve also revealed price predictions for other cryptocurrencies including Bitcoin, Dogecoin, Shiba Inu, dYdX, and EOS.

  • WHAT IS THE VOYAGER TOKEN?

    The Voyager Token is used to reward and give incentives to use the Voyager centralized exchange.

    On Voyager, VGX token holders can earn rewards, receive cash back on trades and other perks exclusive to Voyager users.

    Voyager was built to serve both retail and institutional investors.

    The cryptocurrency brokerage launched in October 2018 and supports more than 55 crypto assets.

    Voyager offers 100% commission-free transactions, including buying and selling.

    The founders of Voyager Token have experience with well-known companies including E*TRADE, Morgan Stanley, Warner Music and UBER.

  • WHAT ARE MEME COINS?

    A meme coin typically gains off a social media or an internet-based joke.

    It all started with GameStop and AMC earlier this year, when a Reddit mob trolled short-sellers by driving up the prices of those stocks.

    The memes then spread over to cryptocurrencies – and there are now a few major ones today.

  • WHAT ARE SHIBOSHI NFTs?

    Shiboshi NFTs are non-fungible tokens representing various “lovable creatures.”

    The NFT holders will also be able to name the Shiboshis for an additional $100.

    The Shiboshis will come with generic names like 00001.

    The post states: “It’s important to name your Shiboshi because names are unique and can only exist once in the Shib Oshiverse.

    “With the expansions, we are planning, this could potentially make your Shiboshi more valuable.”

  • WHAT IS ROBINHOOD? CONTINUED

    Unlike many discounted brokers, the company does not offer individual retirement accounts.

    The bulk of Robinhood’s revenue comes from order flow.

  • WHAT IS ROBINHOOD?

    The Robinhood platform operates as a discounted brokerage that offers commission-free trading.

    Specifically, users can trade exchange-traded funds (ETFs), individual stocks (including American depositary shares), and options.

    You can also trade Robinhood’s stock thanks to the company recently going public at a $1.2billion valuation.

  • APPLE HAS ‘NO IMMEDIATE PLANS’ WITH CRYPTO

    Cook continued Tuesday by saying that although Apple was looking at cryptocurrency technology, it’s “not something we have immediate plans to do.”

    An Apple Pay executive said in 2019 that the company sees “long-term potential” in cryptocurrency.

    But it seems like crypto fans shouldn’t get excited because even if Apple does introduce cryptocurrency products or services in the future, it doesn’t seem like it will happen anytime soon.

  • APPLE CEO TIM COOK OWNS CRYPTO

    Apple CEO Tim Cook recently revealed he owns cryptocurrency.

    At the New York Times DealBook conference, Cook was asked if he owns Bitcoin or Ethereum and said, “I do. I think it’s reasonable to own it as part of a diversified portfolio,” according to CNBC.

    “I’m not giving anyone investment advice by the way,” he noted.

  • WILL SHIBA INU’S PRICE RISE? (CONTINUED)

    In May, the value of Shiba Inu soared after Binance announced it would list the coins on the crypto platform.

    Its value also rose in September, after it began trading on Coinbase.

    It means the price could rise once again if it’s successful in listing on other recognized platforms such as eToro.

    However, as we’ve seen in recent months, cryptocurrencies are highly volatile and their values can change in the blink of an eye.

    Myron Jobson, personal finance campaigner of Interactive Investor, previously told The Sun: “It is difficult to predict the price of a something that has an intrinsic value of zero.

    “All it takes is a tweet from high-profile individuals who have significant influence on sentiment to cryptos to drive up demand.

    “But greater regulatory scrutiny on cryptos threatens to hamper the growth potential of the Shiba Inu.”

  • WILL SHIBA INU’S PRICE RISE?

    For Shiba in particular, there has been a fair share of volatility this year despite the surge in the past month.

    For example, up until October 28, the token hit its last record high of $0.00003641 on May 11.

    It’s difficult to predict how Shiba Inu’s price will change in future, due to a wide number of factors affecting it.

    This includes regulatory crackdowns around the world, comments by high profile individuals such as Musk, and other developments.

    For Shiba in particular, there has been a fair share of volatility this year despite the surge in the past month.

    For example, up until October 28, the token hit its last record high of $0.00003641 on May 11.

    It’s difficult to predict how Shiba Inu’s price will change in future, due to a wide number of factors affecting it.

    This includes regulatory crackdowns around the world, comments by high profile individuals such as Musk, and other developments.

  • CAN SHIBA IBU HIT $1?

    Shiba Inu has soared in value recently, hitting several new all-time highs.

    But in the past 24 hours, the price of Shiba has tumbled 8% to $0.00004926, according to CoinMarketCap.

    On November 12, 2021, cryptocurrency exchange CoinDCX listed Shiba Inu on its mobile trading app.

    Up until then, it was only available on the platform in trade-only mode on CoinDCX Pro.

    Shiba Inu being traded on CoinDCX follows the company announcing it is the first cryptocurrency firm in India to reach a valuation of over $1billion, giving it unicorn status.

    On October 28, Shiba hit an all-time high of $0.00008845.

  • MUSK TWEETS ABOUT UNIVERSITY WITH ‘TUITION’ IN ‘DOGECOIN’

    On October 29, Elon Musk tweeted, “Am thinking of starting new university: Texas Institute of Technology & Science.”

    Days later, he added in another tweet, “Tuition is in Dogecoin & u get a discount if u have a dog.”

  • WHAT IS AN NFT MARKETPLACE?

    An NFT is a non-fungible token.

    Non-fungible tokens, in contrast to bitcoin, are each unique and cannot be replaced by something else.

    The majority of NFTs exist within the Ethereum blockchain. Ethereum is a cryptocurrency that has the ability to support NFTs.

    NFTs can be anything digital, and are commonly being used as a way to buy and sell digital art.

    An NFT marketplace is used to list NFTs and ensure they are accessible for trading.

    Marketplaces allow users to promote their NFTs, where buyers can browse through and bid on what they would like to purchase.

  • EXPERTS PREDICT POLYGON’S GROWTH

    How the price of Ethereum will change in the future is impossible to know for certain.

    However, experts and investors have made some predictions.

    Charlie Barton, an investment specialist at comparison site Finder, warned in mid-May: “The performance of Polygon has been extremely strong recently, achieving 10,000% growth in the last year.”

    “It’s easy to get carried away, but such aggressive growth is highly unlikely to continue forever.”

  • WHAT IS POLYGON?

    Polygon is an Ethereum token that powers the Polygon Network, which aims to provide faster transactions on the Ethereum blockchain.

    It was originally known as the Matic Network when it first launched back in 2017.

    Polygon hit its highest ever level on May 18 when it rocketed to $2.4544.

    The price has soared by around 9,200% this year – up from $0.01781 on January 1.


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