Daily news update: November 04th, 2021

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Here you will find our daily update, which will provide you with all the main information and events on the crypto markets for the previous day.

Crypto market update

After the enhanced volatility prompted by news from the United States, Bitcoin has calmed around $61,500. Some altcoins have also slipped since yesterday, with SHIB losing double-digits in a day.

Bitcoin (BTC) is now trading at 62,161 USD (all data from Coingecko.com)

Ethereum (ETH) is now for 4,557 USD

PlatonCoin (PLTC) is now for 0,546 USD

Total marketcap is currently at 2.859 trillion USD

Daily news update

Ethereum and options: $540 million in ETH options expire on Friday, and data shows bulls have a good chance at securing the $5,000 level.

SHIB and fall: Shiba Inu (SHIB) token fell again today, following a significant increase at the end of October, the token’s price has been on a downward trajectory for the past few days. In particular, SHIB has crashed a total of $14.84 billion as the asset went from $44.57 billion on October 28 to $29.73 billion on November 4.

Discord and NFT scam: Calvin Becerra lost three iconic bored apes NFTs worth nearly $1 million to scammers via a chat on social networking platform Discord. Desperate, the collector wrote an NFT note to the scammers, pleading: “Please, let’s work out a deal.” On Nov 3, Becerra got back one of his expensive monkeys and thanked “his captors for negotiating his safe return.”

GoogleAds and phishing: Scammers reportedly stole $500,000 worth of cryptocurrencies over the past weekend using a new phishing attack that leverages Google Ads. According to Check Point Research obtained by Engadget, the scammers purchased Google Ads placements for their websites while mimicking popular crypto wallets, including Phantom App and MetaMask.

New York and cryptocurrency: A day after winning election to be New York City’s next mayor, Eric Adams told an interviewer he wanted to “look at what’s preventing the growth of Bitcoins and cryptocurrency in our city.”

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