Crypto Brief: eToro to Limit Cardano and Tron for U.S. Customers, India to Propose Prohibiting All Private Cryptos

.@Cardano and @tronfoundation prices are dropping after @eToro announced it will not let U.S. customers open new positions in the assets starting in December.@iamsandalihttps://t.co/hkW65E0DrX

— CoinDesk (@CoinDesk) November 24, 2021

Well, that's a bummer. Cardano lovers say goodbye for now to @eToro.

Usually, regulation scares aren't synonymous with Cardano, but eToro announced users would no longer be able to open $ADA positions. https://t.co/eG9JrJpxQn

— Cointelegraph (@Cointelegraph) November 24, 2021

India is preparing a cryptocurrency regulation bill that would help the central bank create an official digital coin, but prohibit all private cryptocurrencies https://t.co/zyEQiFcl8R

— Bloomberg Crypto (@crypto) November 24, 2021

JUST IN – U.S. Senate Banking Committee seeks answers on #Tether stablecoin, requesting immediate information about their backings, redemption process, and activities. pic.twitter.com/qEpfvszJPQ

— Disclose.tv (@disclosetv) November 24, 2021

Crypto mining company Xive shut down a 2,500 rig mine in South Kazakhstan due to lack of sufficient electricity supply from the national grid.

By @egreechee https://t.co/PRNyasOx4z

— CoinDesk (@CoinDesk) November 24, 2021

Since inception, 6.9 billion BTC have been transferred on chain, settling ~$60 trillion dollars of cumulative value at the price of each transfer and ~$400 trillion of cumulative value at today’s prices. pic.twitter.com/XT90E1PJK9

— Yassine Elmandjra (@yassineARK) November 24, 2021

#Bitcoin market depth dipped sharply during last week's sell-off, and has experienced a longer term downtrend since August. pic.twitter.com/fkyIpoBvyf

— Kaiko (@KaikoData) November 24, 2021

Some traders bought tether at a discount, profiting from the temporary mispricing on Indian exchanges. @godbole17 reports.https://t.co/y1jtKncwFW

— CoinDesk (@CoinDesk) November 24, 2021

Was $69,000 the peak of this bull market?

The Nov 10th top felt a lot different than the Apr top. While we don’t know if $69,000 will mark the top of this bull run, some key sentiment metrics seemed far less exuberant in November compared to April.https://t.co/ZY9shDJsGO

— Arcane Research (@ArcaneResearch) November 24, 2021