Cryptocurrencies Price Prediction: Binance, Cardano & Cryptos – American Wrap 21 November


21 Nov 2023 5:40 PM

Crypto market cap retreated some 0.2% in 24 hours to $1.41 trillion. ...

  • Investment in crypto funds rose by $176 million last week, with inflows on track for an eighth consecutive week.
  • Bitcoin investment increased by $155 million, Ethereum by $3 million, and Solana by $14 million.
  • Cardano is in an uptrend and is likely to extend its gains based on on-chain metrics.
  • The Cardano Foundation committed to using its ADA token wallet to vote in favor of Cardano Improvement Proposal (CIP) 1694.
  • The US Department of Justice is pursuing Binance exchange for a $4 billion settlement in penalties for various charges, including money laundering and sanctions violations.
  • The article contains forward-looking statements and emphasizes the importance of conducting thorough research before making investment decisions.

The sentiment of the article is mixed, with positive news about investment inflows and Cardano's uptrend, but negative news regarding the US Department of Justice pursuing Binance.

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You May Ask

What was the increase in investment in crypto funds last week?Which cryptocurrencies saw the highest investment increase?What is the Cardano Foundation committing to?What charges is the US Department of Justice pursuing Binance for?What cautionary advice does the article provide for investors?

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