Weekly Round Up With Crypto Rays

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On Nov 02, 2020 BTC is at $13670  and surged towards  $15825 on November 06, 2020 in this continuous Journey  little bit lag happened after the US election Results is officially announced a sharp decline in BTC movement almost $800 retraced in BTC Price. anyhow nothing can stop Crypto adoption

ETHEREUM 2.0

ETHEREUM 2.0 Deposit contract is finally live and Genesis Launch is scheduled to Dec 01,2020. the Genesis Launch Required 16384 Validators  with each validators must contribute 32 ETH totaling 524,288 ETH for this Vitalik Buterin  sended 3200 ETH Valued around  $1.4 Billion. ETH 2.0 will works on POS Mechanism.

Yearn Finance Performed Well

YFI Surged almost 130% in this Week a good Week for Yearn finance.  ySqueeze the group filled with Investors believe on YFI They played the big role behind this  massive short term run.  Played by depositing stable coins on AAVE platform and got Loan as YFI and sending those to centralized exchanges to sell. Anyway YFI turned back after continuous retracement.

India's P2P Crypto Exchange Volume Rocketing

India is one of the major contributor to Crypto. But the Ban on Crypto leads to disbelief among indian peoples. But The crypto Lovers doesn't let the crypto down they giving their support without failing. many exchanges still supporting P2P Trading in india Now the recent trading volume shows India is going to surpass China in terms of P2P trading. 

 

Litecoin Performed Well

Usually Litecoin Doesn't Care about BTC  momentum LTC Perform on its own path. This week LTC performed well nearly 17% surged this week and LTC is preparing to Test $70 . and notable thing is MimbleWimble will take place in 2021.  $LTC is Trading at $61.50

 

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Regulation and Society adoption

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