𝐌𝐚𝐫𝐀𝐞𝐭 π–π«πšπ©: 𝐁𝐒𝐭𝐜𝐨𝐒𝐧 π”π§ππžπ«π©πžπ«πŸπ¨π«π¦π¬ 𝐚𝐬 π„π­π‘πžπ« 𝐚𝐧𝐝 𝐎𝐭𝐑𝐞𝐫 𝐀π₯𝐭𝐜𝐨𝐒𝐧𝐬 π‘π’π¬πž

Latest prices

  • Bitcoin (BTC): $57,622, -1.0%
  • Ether (ETH): $4,661, +5.4%
  • S&P 500: 4,567, -1.9%
  • Gold: $1,775, -0.5%
  • 10-year Treasury yield closed at 1.436%

Bitcoin dominance falls

Ether outperforms

Altcoin roundup

  • Grayscale launches new trust dedicated to Solana: Digital asset manager Grayscale Investments announced its newest investment vehicle will be passively invested in Solana, reported CoinDesk’s, Jamie Crawley.
  • This marks the firm’s 16th investment vehicle, following similar products that offer exposure to bitcoin, ether, bitcoin cash, litecoin, and stellar lumens. SOL has enjoyed huge growth in 2021, increasing from around $1.50 at the start of the year to $214 as of Tuesday morning. Grayscale is a subsidiary of Digital Currency Group (DCG), the parent company of CoinDesk.
  • November’s biggest gainer is Crypto.com’s CRO token: Crypto.com’s CRO token more than tripled in November after a slew of prominent advertising deals, which include buying the naming rights to the Staples Center, reported CoinDesk’s Lyllah Ledesma. The cryptocurrency exchange and credit-card issuer founded in 2016 now has a market cap of more than $17 billion, making it the top performer in November among digital assets with a market cap above $10 billion, according to Messari. As of Tuesday, the CRO price was around $0.70, up 226% on the month.
  • Cook Finance launches DeFi Index platform on Avalanche: Decentralized asset-management platform Cook Finance is bringing a suite of decentralized finance (DeFi) indexes to Avalanche. Similar to index products in traditional finance, Cook’s index products are composed of a list of tokens and track the performance of the underlying assets, making it easier for investors to buy a diversified allocation of cryptocurrencies in a single transaction. β€œWe see this launch as providing an easy way for new users who want to get into DeFi indexes but were held back by high gas fees on Ethereum,” said Adrian Peng, CEO of Cook Finance.

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