Market Pulse by the Crypto.com Research & Insights Team (Week 28, 04/07/2023 - 10/07/2023)
Market Pulse by the Crypto.com Research & Insights Team (Week 28, 04/07/2023 - 10/07/2023)Hong Kong sets up a task force for Web3 development. MAS announced a new rule for crypto firms in Singapore. The US added 209,000 jobs in June, slightly below expectations.Weekly Market IndexLast week’s crypto market prices were flat at -0.97%. Volume decreased by -13.31%, while volatility increased by +14.02%. Chart of the WeekzkSync is a Type 4 ZK rollup that utilises cryptographic validity proofs to provide scalable and low-cost transactions on Ethereum. Amongst the ZK rollups, zkSync Era has the highest TVL, totalling US$664 million. zkSync has also recently launched ZK Stack, which allows chains built on top of it to be composable via native bridges, allowing them to unify into an ecosystem of ‘hyperchains’. Read our research report on ZK Rollups, including a deep dive on the four types of zkEVMs and their advantages and disadvantages: The Development of ZK Rollups. Weekly PerformanceBitcoin (BTC) and Ethereum (ETH) were down at -1.8% and -4.3%, respectively, in the past seven days. Other selected top-cap tokens also mostly fell, with the exception of SOL and AVAX which were up by +9.1% and +1.3%, respectively. Key categories were down in the past seven days. News Highlights
Recent Research Reports
Recent University Articles
Catalyst CalendarDisclaimer:The information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.Thank you for reading! We hope you find Market Pulse, our new weekly market insights newsletter enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! |
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Weekly NFT & GameFi Update (Week 27, 01/07/2023 - 07/07/2023)
Friday, July 7, 2023
Yuga Labs releases HV-MTL Forge game. Credit Suisse partners with the Swiss Football Association to release an NFT collection. Dior announces sneakers with “digital twins” on Ethereum.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 27, 29/06/2023 - 05/07/2023)
Wednesday, July 5, 2023
The new Ethereum token standard, ERC-223, has been added to ETH documentation. Polygon Labs proposes a four-layer architecture for Polygon 2.0. TRON network is gearing up for its Periander upgrade.
Market Pulse by the Crypto.com Research & Insights Team (Week 27, 27/06/2023 - 3/07/2023)
Monday, July 3, 2023
Crypto.com establishes its very first Global Innovation Lab. Hong Kong government forms task force for Web3 development. Swiss National Bank to launch wholesale CDBC pilot project.
Weekly NFT & GameFi Update (Week 26, 24/06/2023 - 30/06/2023)
Friday, June 30, 2023
CryptoCom announces Global Innovation Lab for Web3 and AI. Azuki releases 'Elementals' expansion with mixed reactions. Gaming giant Ubisoft unveils its first blockchain game.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 26,22/06/2023 - 28/06/2023)
Wednesday, June 28, 2023
Crypto.com establishes Global Innovation Lab to advance blockchain, Web3, and AI. Circle's CCTP is now live on Arbitrum. zkSync unveils ZK Stack for building ZK-powered 'hyperchains'.
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Thursday, September 19, 2024
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Thursday, September 19, 2024
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DeFi & L1L2 Weekly - 🚀 Ethereum on-chain stablecoin volume reaches all-time high; Sky launches SKY and USDS
Thursday, September 19, 2024
Ethereum on-chain stablecoin volume reaches all-time high. USDC launches on Sui blockchain and is available in Brazil and Mexico. Sky launches new tokens SKY and USDS. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Thursday, September 19, 2024
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Analysis of the impact of the Fed's 50bps rate cut on the future market
Thursday, September 19, 2024
At its September meeting, the Federal Reserve cut rates by 50 basis points, with its monetary policy statement emphasizing the goal of maximum employment. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Fed cuts 50 bps 🔪 Here’s the market’s reaction...
Wednesday, September 18, 2024
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Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment
Wednesday, September 18, 2024
Hougan believes that despite market doubts, Ethereum still leads in DeFi assets and institutional adoption, much like Microsoft's role in tech. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Binance co-founder publishes a long article responding to the recent coin listing standards
Wednesday, September 18, 2024
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