Chinese police have seized $4.2 billion worth of crypto assets, including 194,775 BTC and 833,083 ETH, from the infamous PlusToken scheme.

Following a Nov. 19 ruling at the Jiangsu Yancheng Intermediate People’s Court, a list of the seized assets was published yesterday. 

Polychain-backed Indian crypto exchange CoinDCX has released a report titled “The Mood of the Nation Survey” to understand how Indian investors perceive the digital asset class.

The CoinDCX survey covered responses from 11,000 Indian investors who are actively invested in crypto and non-crypto assets.

Compound has seen over $100 million in liquidations in the last 24 hours, according to LoanScan. 

Decentralized cryptocurrency exchange (DEX) IDEX has announced a new multi-chain solution to expand its infrastructure to other blockchains.

IDEX originally built infrastructure around Ethereum. The exchange has now decided to adopt other emerging networks, including Polkadot and Binance Smart Chain (BSC).

The CEO of Coinbase, Brian Armstrong, shared details of an alleged proposal from the U.S. Department of Treasury, which experts think “could be an existential threat to Bitcoin.” 

Thanks to a recent partnership with CoinTracking.info, Crypto.com users can now pay for tax evaluations with cryptocurrencies. 

CoinTracking.info is a software tool for portfolio management and convenient tax evaluations.

Bitcoin rewards application Lolli has added eBay to its list of partner stores, offering 1% cash back rewards in BTC for online purchases on eBay. 

Lolli is a Chrome, Firefox, and Microsoft Edge extension that rewards users in Bitcoin for shopping online with the company’s partner stores. 

These stores include GoDaddy, Groupon, Staples, Adidas, Udemy, Expedia, and others. 

Bitcoin sits a few hundred dollars shy from new all-time highs, but several on-chain metrics and technical indexes suggest that the latest correction may steepen. 

Bitcoin has been rising against gold throughout 2020.  

The correlation coefficient between the two assets over the last six months is at -0.72, signaling that they’ve mostly been moving in different directions.

Investors often use correlation coefficients to measure the relationship between two assets. A pair that moves perfectly together would have a coefficient of 1, while a completely inverse relationship would result in a coefficient of -1. 

Altcoin traders have waxed bullish about Stellar Lumens since its native token XLM skyrocketed more than 170% in the past week. However, multiple technical indicators suggest caution.