November 2021 in numbers: Boba Network debut, correction contrary to Planb model and rally tokens of metav

Promotions associated with cryptocurrencies and mining companies in November showed mainly negative dynamics, following the quotes of bitcoin. The exception was Microstrategy, the shares of which were played by the fall after the next purchase of Bitcoin by $ 414 million, as well as the mining companies of Canaan and Riot Blockchain.

Macroeconomic background

Market moods, correlations and volatility

Onchain-data

Ethereum

Lightning Network

Mining, hashrate, commissions

The volume of trading

Futures and options

Defi

DEX and L2

Stebblecoins

NFT and GameFi

The activity of large players

Large venture rounds

$ 725 million

Providing blockchain solutions for publishers of games Forte in the Investraund series B. It was supported by Andreessen Horowitz, Tiger Global, Solana Ventures, Animoca Brands and others.

$ 555 million

MoonPay crypto payment startup as part of the round of financing series A. It was headed by Tiger Global Management and Coatue, investors estimated the project at $ 3.4 billion.

$ 536 million

Bitcoin tenge BitKub. The oldest bank of Thailand Siam Commercial Bank acquired a control package of shares (51%) of the platform.

$ 400 million

Gemini cryptocurrency exchange operator. In the round of financing, led by Morgan Creek Digital, the company was estimated at $ 7.1 billion.

$ 350 million

Cryptocurrency lending platform Celsius Network. Investments were a continuation of the round of series B, the company’s rating increased to $ 3.25 billion.

$ 300 million

The Niantic team, standing behind the development of Pokemon GO. The company was estimated at $ 9 billion, it will direct investments to create a meta -combat.

$ 260 million

Indian Bitcoin-Torge Coinswitch Kuber as part of the Investrand of the series C. The company received $ 1.91 billion.

$ 175 million

1inch Network Defi project during the round of financing B series with the participation of Amber Group, Alameda Research, Vaneck and other investors.

$ 152 million

The Sky Mavis project, standing for the development of Axie Infinity NFT games, is in the round of financing of the series B. Startup rating reached $ 3 billion.

$ 150 million

Developer NFT-IGR MYTHICAL GAMES. During the round of financing of the C series under the leadership of Andreessen Horowitz, the company was estimated at $ 1.25 billion.

$ 150 million

Zepeto metavselnaya platform from the South Korean Naver Corporation in the round of financing series B.

$ 93 million

The Sandbox Game Blockchain Platform in an investment round, led by Vision Fund 2 from Softbank.

Key events in the field of regulation

Other regions

Founder Ukrainian Monobank announced the readiness of bitcoin cards-the company has been waiting for approval from the National Bank for three months.

Authorities India They do not plan to recognize Bitcoin with currency and presumably submit a law on the regulation of digital assets by February 2022.

Government Laos Published the rules governing cryptocurrency mining and the operation of digital asset trade platforms.

Significant events of November

On November 14, on block #709 632, the long -awaited Taproot update was activated in the Bitcoin blockchain. The upgrade is designed to increase the scalability of the network and the confidentiality of users, thanks to the implementation of Schnorra’s signatures and Mast (Heshek tree), increase the size of the bitcoin block and, accordingly, reduce the transactions commissions for transactions.

On November 15, the liquidity aggregator from the decentralized exchanges Paraswap released the PSP control token and conducted an EIRDROP of 150 million coins among 20,000 wallets. Many users did not receive tokens, although they used the platform.

The Paraswap team got rid of Bounty-Hunters, whose goal is to make several exchange on platforms for potential eirrodes. Thus, the project created a precedent.

During the first auction, the Acala project won, in favor of which over 32.5 million DOT (~ $ 1.33 billion) of the total 87.55 million DOT blocked.

The second slot was taken by the project Moonbeam. 35.7 million dot was blocked in favor of him.

Both auctions practically did not affect Polkadot (DOT) quotes.

Apple General Director Tim Cook said he personally owns cryptocurrencies using digital assets to diversify the investment portfolio.

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