Market Pulse by the Crypto.com Research & Insights Team (Week 32, 01/08/2023 - 07/08/2023)
Market Pulse by the Crypto.com Research & Insights Team (Week 32, 01/08/2023 - 07/08/2023)ETH futures ETF applications rising. Tether unveils BTC mining software to boost efficiency and capacity.Weekly Market IndexLast week’s crypto market prices were down -2.60%. Volume rose by +9.10% while volatility decreased by -39.16%. Chart of the WeekReal World Assets (RWA) is a promising application for blockchain technology that is gaining traction. RWA typically refers to the utilisation of distributed ledger technology like blockchain to track physical and intangible assets, with performance and valuation derived from sources outside the blockchain. Unique address interactions with RWA tokens on the Ethereum blockchain have been rising, as shown in the chart below. Check out our report on RWA: Real-World Assets: Bringing Real-World Value to DeFi. Weekly PerformanceBitcoin (BTC) and Ethereum (ETH) prices dipped at -1.0% and -2.0%, respectively, in the past seven days. Price action for other selected top-cap tokens was mostly down as well, although Shiba Inu (SHIB) posted a double-digit percentage gain. Selected key categories were mostly down on market cap change 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 31, 29/07/2023 - 04/08/2023)
Friday, August 4, 2023
Crypto.com releases a 'Spot the Difference' game with NFT prizes. Yuga Labs acquires metaverse startup Roar Studios. Starbucks Odyssey launches its eighth NFT collection, 'Green Apron'.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 31, 27/07/2023 - 02/08/2023)
Wednesday, August 2, 2023
Crypto.com secures registration approval in Netherlands. MakerDAO votes to implement ESDR via GOV12.1.2 proposal. Curve Finance confirms various Ethereum pools hacked.
Market Pulse by the Crypto.com Research & Insights Team (Week 31, 25/07/2023 - 31/07/2023)
Monday, July 31, 2023
Crypto.com partners with LINE Xenesis. Crypto.com secures registration approval in the Netherlands. Worldcoin $WLD makes headlines.
Weekly NFT & GameFi Update (Week 30, 22/07/2023 - 28/07/2023)
Friday, July 28, 2023
Cronos launches Summer Cruise campaign. Minted activates NFT trading rewards feature. Bored Ape Yacht Club holders now can register Ape-centric products on 'Made by Apes' platform.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 30, 20/07/2023 - 26/07/2023)
Wednesday, July 26, 2023
Wormhole Foundation launches Gateway for Cosmos appchains. Optimism moves forward with two proposals to add ZK-proofs. CLabs plans to migrate Celo blockchain to Ethereum Layer-2.
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