In case you missed out: top crypto and Web3 news for November 1 in brief

The new month began with new events in the world of cryptocurrencies and Web3. Some were good, others not so good. But the world keeps spinning, and we keep collecting the highlights for you so you don’t miss anything (yes, we are caring).

Frightening news

Halloween is behind us, but the scary news in the cryptocurrency world continues. In strange circumstances, one of the co-founders of MakerDAO, Nicholas Muguian, was found dead on the beach of Costa Rica. And, by all appearances, it was murder. It’s horrible!

Step in the NFT market

The STEPN team (if you have not yet forgotten about the existence of such an application) announced the launch of an NFT trading floor called MOOAR. You will only have to pay a monthly membership fee of $29.9.

Dog eaters

The top 50 DOGE holders own a total of $87.1 billion worth approximately $12.6 billion, so these people hold 63.71% of the coins. 

Bitcoin surged (or rather, crawled)

In October the pair BTC/USDT increased by 5.50%, to $20491. Buyers managed to fully cover the fall in September. If we believe in the seasonality of cycles (it’s been like that so far), Bitcoin’s rise should last until November 4, or even until November 18.

The new British prime minister turned out to be a crypto enthusiast

Rishi Sunak was formerly the finance minister, and back then he was very supportive of cryptocurrency and blockchain technology. As Prime Minister, he could give a boost to the industry in the UK. Looking forward to his first innovations and the market’s reaction?

However, the British themselves are not very happy about the new prime minister, because he has already promised to raise taxes even higher.