Weekly Update - Layer 1 & Layer 2 News (Week 26, 28/06/2022 – 04/07/2022)
Weekly Update - Layer 1 & Layer 2 News (Week 26, 28/06/2022 – 04/07/2022)Ethereum delays difficulty bomb and Sepolia testnet prepares for the Merge. Compass Mining denies unpaid bills comments amidst CEO&CFO resignations. Cardano successfully launches Vasil on its testnet.
Key Takeaways
Highlights
Layer 1 Project Metrics
* % change is based on the difference between two subsequent bi-weekly periods† Sum of P, X and C-chain total transactions‘–’ denotes missing, unavailable, or incomplete dataSources: Coingecko, Etherscan,Ethernodes, Cardanoscan, Avascan, Solana Beach, FTMscan, BSCscan,CronoScan, Cronos Explorer, DeFi LlamaLayer 2 Project Metrics
* Figure refers to Lightning nodes with active channels† Ronin is the sidechain developed by Sky Mavis for Axie Infinity‘–’ denotes missing, unavailable, or incomplete dataSources: DeFi Llama, Polygonscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer, Andromeda Metis Explorer
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Market Pulse by the Crypto.com Research & Insights Team (Week 26, 27/06/2022 – 03/07/2022)
Monday, July 4, 2022
BTC moves in lockstep with high-beta equities. Near-term ETH options skews spike as puts are in demand. Negative prints in $BTC perps funding rates imply build-up of shorts.
Weekly GameFi Update (Week 25, 24/06/2022 - 30/06/2022)
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Sky Mavis starts reimbursing victims of Ronin bridge hack. Mars Inc files metaverse trademarks for @mmschocolate. Cronos announces new Cronos Play integrations.
Weekly NFT Update (Week 25, 22/06/2022 – 28/06/2022)
Wednesday, June 29, 2022
Snoop Dogg and Eminem feature BAYC NFTs in music video. Uniswap acquires NFT marketplace aggregator Genie. eCommerce giant Shopify incorporates NFTs into a new service.
Weekly Update - Layer 1 & Layer 2 News (Week 25, 21/06/2022 – 27/06/2022)
Tuesday, June 28, 2022
Harmony announces a US$1M bounty for the hacker who moved US$100M to Tornado Cash. Norway announces an Arbitrum-powered platform to let people access shares of unlisted firms. Cardano postpones Vasil.
Market Pulse by the Crypto.com Research & Insights Team (Week 25, 20/06/2022 – 26/06/2022)
Monday, June 27, 2022
Short-Bitcoin CME futures ETF launches after BTC is down 70%. Put-Call ratios for BTC stabilising while ETH's continues marching lower. Asset managers net-long position in CME BTC futures crawling
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