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On Monday, November 21, the brent crude price tanked under $87 | Coinspeaker

On Monday, November 21, the brent crude price tanked under $87 per barrel amid receding supply fears. The Brent Crude price for January slipped by 0.3% or 28 cents to $87.34 a barrel, the lowest since September 27.

The contagion of the massive FTX collapse spread to the crypto market and other crypto businesses. On Monday, November 21, the share price of Coinbase Global Inc tanked to an all-time low after dropping another 9%.

Cardano’s parent Group Input Output Global has announced the launch of a new data-protection and privacy-centric blockchain platform along with an accompanying token.

The holiday week in the US saw stocks close lower after a volatile session to begin a short trading week. Meanwhile, the shares of multinational mass media conglomerate Disney jumped 6% just before the Thanksgiving break began.

BTC price has gained some of its losses and was seen trading at $15,728, per CoinMarketCap data. But despite the appreciable gains, analysts believe that a further dip is not avoidable.

Telecommunications company Ericsson has pledged to invest millions in the UK to focus on 6G research. The investment will linger for a period of 10 years in the UK without specifying the exact amount of money that would go into the vision.