Market Pulse by the Crypto.com Research & Insights Team (Week 42, 10/10/2023 - 16/10/2023)
Market Pulse by the Crypto.com Research & Insights Team (Week 42, 10/10/2023 - 16/10/2023)Ferrari to accept cryptocurrency payments in the US. Mastercard tests a new solution to tokenise CBDCs. JPMorgan debuts in-house blockchain tokenisation application.Weekly Market IndexLast week’s crypto market prices fell by -4.07%. Volume and volatility also dropped by -16.19% and -24.60%, respectively. Chart of the WeekEthereum account abstraction is a new paradigm to allow for a more user-friendly experience when interacting with decentralised applications (Dapps). Account abstraction within blockchain systems allows for assets to be exclusively held by smart contracts rather than being controlled by externally-owned accounts (EOAs). The ERC-4337 standard is the account abstraction token standard that aims to unlock the power of smart contract crypto wallets on the Ethereum blockchain. The chart below shows the growth in ERC-4337 user operations (UserOps). These are defined as transactions made by ERC-4337 smart accounts. Weekly PerformanceBitcoin (BTC) and Ethereum (ETH) dropped -2.2% and -3.8%, respectively, in the past seven days. Other selected top-cap tokens also mostly fell in price. Selected key categories decreased in terms of market cap, 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! Weekly Crypto News about DeFi, NFT, and crypto market is free today. But if you enjoyed this post, you can tell Weekly Crypto News about DeFi, NFT, and crypto market that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 12/10/2023 - 18/10/2023)
Thursday, October 19, 2023
Uniswap to charge a 0.15% swap fee on select assets. Ethereum L2 Scroll launches on mainnet. Platypus loses over $2M from a flash loan attack, its third exploit in 2023.
Market Pulse by the Crypto.com Research & Insights Team (Week 41, 04/10/2023 - 09/10/2023)
Monday, October 9, 2023
BTC's “Uptober” intact so far this month. Hong Kong Stock Exchange uses smart contracts to help post-trade flows. Bank of Korea and Bank for International Settlements test Korean CBDC.
Weekly NFT & GameFi Update (Week 40, 30/09/2023 - 06/10/2023)
Friday, October 6, 2023
PayPal files a patent for an NFT marketplace. Yuga Labs blocks trading of 'Otherside Mara' on major NFT marketplaces. Aavegotchi and The Sandbox announce plans for a game and airdrop.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 28/09/2023 - 04/10/2023)
Wednesday, October 4, 2023
Weekly DeFi Index This week's market cap, volume, and volatility indices were positive at +3.50%, +28.44%, and +154.61%, respectively. Chart of the Week Crypto.com announced it has teamed up with
Market Pulse by the Crypto.com Research & Insights Team (Week 40, 26/09/2023 - 03/10/2023)
Tuesday, October 3, 2023
Crypto.com becomes a preferred PYUSD exchange. Ether futures ETFs have arrived. UBS launches tokenised money market fund pilot.
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