Market Pulse by the Crypto.com Research & Insights Team (Week 51, 12/12/2023 - 18/12/2023)
Market Pulse by the Crypto.com Research & Insights Team (Week 51, 12/12/2023 - 18/12/2023)Crypto.com partners with top Singapore charities for Web3 payments. Cronos Labs launches zkEVM testnet. US Fed holds interest rates steady.
Weekly Market IndexLast week’s crypto market prices dropped by -4.51%. Volume decreased by -9.67% and volatility increased by +77.13%. Chart of the WeekDespite a challenging macro and industry environment, the total cryptocurrency market cap rose +98.61% during 2023 to reach US$1.6 trillion (as of 18 Dec 2023). Explore more top crypto events and trends of 2023, followed by our outlook for 2024 in our new report: 2023 Year Review & 2024 Year Ahead. Weekly PerformanceBitcoin (BTC) and Ethereum (ETH) dropped by -5.8% and -6.9%, respectively, in the past seven days. Price action for other selected top-cap tokens was also mostly negative, although Internet Computer (ICP) was up +84.3%. Selected key categories were mixed in terms of market cap change in the past seven days, led by Gaming. News Highlights
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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 50, 07/12/2023 - 13/12/2023)
Friday, December 15, 2023
Bitcoin Core V26.0 goes live, V27 could terminate Bitcoin Ordinals. Ethereum aims to activate Dencun in January 2024. Polygon CDK to integrate Celestia's data availability solution.
Weekly NFT & GameFi Update (Week 50, 09/12/2023 - 15/12/2023)
Friday, December 15, 2023
Crypto.com's 'Dark Lions' NFT collection launched. Pudgy Penguins plans to launch a game called 'Pudgy World Alpha'. Sotheby's initiates its first-ever auction for Bitcoin
Market Pulse by the Crypto.com Research & Insights Team (Week 50, 05/12/2023 - 11/12/2023)
Monday, December 11, 2023
Crypto.com is authorised as an Electronic Money Institution in the UK. CME BTC futures open interest reaches new highs. Societe Generale issues its first digital green bond on Ethereum.
Weekly NFT & GameFi Update (Week 49, 02/12/2023 - 08/12/2023)
Friday, December 8, 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.
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.
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