π 30 Second Cryptocurrency Price Summary Current Bitcoin Price: $18,607 Bitcoin price has recovered almost all of its value from its recent drop to end last week, gaining ground back into the high $18,000s over the weekend. Top-20 altcoins have had a strong performance over the last 24 hours of trading, as Ethereum rises 6%, XRP remains stable, and Chainlink sees a 5% gain. Top Stories for November 30, 2020 π₯ Co-founder of Three Arrows Capital, Kyle Davies has emphasized that recent gold outflows are going into Bitcoin and not "ripples". "No one goes gold -> $BTC -> alts", Davies highlighted, in response to reports of weekly institutional gold outflows being the largest ever on record. According to a Bank of America graphic, about $5 billion worth of gold has been sold off recently, the largest amount since 2013. Singapore's third-largest bank, United Overseas Bank, could be in the process of building its very own cryptocurrency custody solution. The notion has been prompted by a recent job posting by the bank for a VP crypto position, which is seeking advice on designing a solution to manage cryptocurrency keys. A Cureve Finance vote has decided that almost $3 million in fees generated by the platform will be distributed to CRV token holders. Almost 50% of all eligible voters participated in the vote. The fees - worth $2,631,602 - will be distributed on a weekly basis. |