We compile the top news stories weekly within the crypto, blockchain, metaverse, and NFT space. The weekly wrap-up covers everything from BTC & ETH updates, recent investments, developments of exciting new projects, and other relevant topics.

Here is everything you need to know for the week of November 27th to October 1st.

📈  Weekly BTC and ETH Overview

The price of Bitcoin has shown strong bullish momentum in recent months but is currently still testing the $38K resistance. A breakout of this price could lead to reaching the next key level, around $41K, with minimal resistance. Ethereum is currently hovering around the $2K mark, after rejecting $2.15 earlier this month. If the price continues to resist, analysts say a deeper decline could happen.

At the time of writing, BTC is trading at $38.6K, up 2.33% in the last 24 hours. Similarly, ETH is trading at $2.09K, up 3.24% in the previous 24 hours.

🗞️ Top Market News 

• MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 16,130 BTC for approximately $593.3 million. The average purchase price of the company's recent holdings was $36,785 per Bitcoin. Read more here.
  
  

🚀 New Project Developments

• MixMob has revealed its MXM token launch campaign. Flip Web2 unfolds in 7 chapters, leading to the $MXM token launch. $MXM sale has 3 phases: Gen0 Mask Owners Presale, Public Presale, and Public Sale, with early Mask Owner Presale participants getting MixBot $MXM Token Package rewards. Read more here.
  
  
• Binance Labs has invested $3.15 million in Open Campus to support the advancement of educational content creation. The platform monetizes content with tokenization, aiming to attract new users. Read more here.
  
  
• Animoca Brands is set to become the largest validator for the TON blockchain protocol, following its investment in the platform. Web3 investment firm Animoca Brands aims to become the primary validator on The Open Network (TON) blockchain. The goal is to provide blockchain games to Telegram's 800 million users. Read more here.
  
  
• CoinList has unveiled details about the bitsCrunch Community Sale. Users can engage in the Testnet, offering a chance for participants to continue testing and improve the development of the bitsCrunch ecosystem. Read more here.
  
  

🔍 More Featured Stories…

• Pro-soccer star Cristiano Ronaldo faces $1billion proposed class-action lawsuit. The lawsuit is from individuals alleging losses incurred due to his promotion of the cryptocurrency exchange Binance. Read more here.
  
  
• Forbes has introduced its Under 30 list on the Ethereum blockchain. With the aim to pioneer web3 transparency and data storage the new Under 30 list was published on Ethereum to immortalize the data. Read more here.