Market Pulse by the Crypto.com Research & Insights Team (Week 29, 11/07/2023 - 17/07/2023)
Market Pulse by the Crypto.com Research & Insights Team (Week 29, 11/07/2023 - 17/07/2023)District Court Judge rules XRP is not a security in some situations. BlackRock’s spot BTC ETF application advances toward SEC review. Indonesia set to launch national crypto exchange.Weekly Market IndexLast week’s crypto market prices were up slightly at +3.58%. Volume and volatility increased by +26.00% and +60.52%, respectively. Chart of the WeekJudge Torres of the United States District Court in the Southern District of New York has granted summary judgement in favour of Ripple Labs, ruling that the XRP token is not a security in some situations. This led to a spike in the price of XRP, as markets reacted positively to the news. Weekly PerformanceBitcoin (BTC) and Ethereum (ETH) were up +0.5% and +3.4%, respectively, in the past seven days. Other selected top-cap tokens also mostly increased. Key categories were up 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 Update - DeFi and Layer 1 & Layer 2 News (Week 28, 06/07/2023 - 12/07/2023)
Sunday, July 16, 2023
On-chain Staking is now available in the Crypto.com App. Aave DAO community to vote on GHO stablecoin deployment on Ethereum. Shiba Inu Layer-2 Shibarium is expected to go live in August.
Weekly NFT & GameFi Update (Week 28, 08/07/2023 - 14/07/2023)
Sunday, July 16, 2023
Google Play allows NFTs in apps and games in its store. Starbucks's Odyssey announces collaboration with NFT collection Aku. 7-Eleven launches free 'Slurpee' NFTs on the Polygon network.
Market Pulse by the Crypto.com Research & Insights Team (Week 28, 04/07/2023 - 10/07/2023)
Monday, July 10, 2023
Hong Kong sets up a task force for Web3 development. MAS announced a new rule for crypto firms in Singapore. The US added 209000 jobs in June, slightly below expectations.
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.
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