Weekly NFT & GameFi Update (Week 49, 02/12/2023 - 08/12/2023)
Weekly NFT & GameFi Update (Week 49, 02/12/2023 - 08/12/2023)NFT market sees a significant surge. Decentraland introduces a cross-chain upgrade to its marketplace. Funko to release digital collectibles featuring Disney’s Mickey and Friends characters.Chart of the WeekThere was a significant surge in the NFT market in the last week. Bull-era collectibles like ‘Pudgy Penguins’ and ‘Kanpai Pandas’ saw a notable increase in prices. Pudgy Penguins's floor price rose from over 7 ETH to nearly 11 ETH, while Kanpai Pandas experienced a 127% growth in floor price. Other collections, such as ‘World of Women’ and ‘Miladys’, also saw price rises. New Project SpotlightNFT Collectibles[Upcoming] Dark Lions - Phase 1: Feline Face-Off Crypto.com provides the backstory of the Dark Lions, a group of apex predators from 370 years in the future who once lived in harmony with the Loaded Lions. After conflicts tore the two factions apart, they decided to travel back in time to the present to stop the rise of the Loaded Lions and take Mane City for themselves. The Cyber Cubs join forces with the Loaded Lions, and the battle for dominance begins. Stay tuned for more details about the Dark Lions mint and the perks they grant collectors. [Upcoming] Cryptonauts: The Dark Side of the Dune Renowned artist Fran Rodriguez has released a new collection of exclusive NFTs called ‘Cryptonauts: The Dark Side of the Dune’. This is his sixth curated drop on Crypto.com NFT and serves as the second chapter of his sold-out Cryptonauts series. The collection tells the story of a group of space pioneers who have discovered planets suitable for human colonisation. Collectors of the original Cryptonauts drop will have early access to this new collection. Holders can enjoy various benefits, including exclusive airdrops. The following table shows selected top games by weekly volume in USD: Gaming Token PerformanceThe total market cap for gaming tokens now stands at US$17.28 billion, growing by +16.29% from last week. News Highlights
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DisclaimerThe 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.We’re all ears.Your feedback has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). Thank you! Thank you for reading! We hope you find our Weekly DeFi and Layer 1 & Layer 2 News Update 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 49, 30/11/2023 - 06/12/2023)
Wednesday, December 6, 2023
Crypto.com secures approval as an Electronic Money Institution in the UK. DeFi market rebounds as TVL surpasses US$50B. Uniswap partners with Talos to bring institutional access to DeFi.
Market Pulse by the Crypto.com Research & Insights Team (Week 49, 28/11/2023 - 04/12/2023)
Monday, December 4, 2023
BTC tops US$40000 for the first time in 19 months. Microstrategy bought more BTC in November. Standard Chartered Bank to join trials for China's CBDC.
Weekly NFT & GameFi Update (Week 48, 25/11/2023 - 01/12/2023)
Friday, December 1, 2023
DeGods NFT trading surged after a series of announcements from its creator. Azuki DAO rebrands to 'Bean' to shift towards a meme-inspired project. Rari Foundation launches a blockchain testnet.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 23/11/2023 - 29/11/2023)
Wednesday, November 29, 2023
Blast skyrockets with nearly US$600M in TVL days after launch. dYdX completes mainnet migration, rolls out a $20M launch incentive program. Cosmos founder calls for chain split to create AtomOne.
Market Pulse by the Crypto.com Research & Insights Team (Week 48, 21/11/2023 - 27/11/2023)
Monday, November 27, 2023
Cosmos Hub to decrease max. inflation rate of ATOM. South Korea to pilot CBDC with 100K citizens in 2024. Santander Private Bank to offer BTC and ETH trading.
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Metaplanet buys average of 34 BTC per day in October Bitcoin buying spree
Monday, October 7, 2024
Metaplanet aims for Bitcoin crown in Asia with additional ¥7.5 billion investment before the end of 2024. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Monday, October 7, 2024
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China May Rethink Crypto Ban If Donald Trump Wins Election
Monday, October 7, 2024
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Bitcoin’s performance as US labor market normalizes after pandemic disruption
Sunday, October 6, 2024
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