Crypto.com Weekly Market Update (Week 39, 27/09/2021 - 3/10/2021)
Crypto.com Weekly Market Update (Week 39, 27/09/2021 - 3/10/2021)Price and Volatility Indices Up, Volume Index Down. El Salvador Mines BTC Using Volcanic Energy.Key Takeaways
Highlights
Check the latest prices on crypto.com/price. Notable eventsBitcoin (BTC) rallied to over $49K USD, while several altcoins also reached new highs. (ref) Terra’s Columbus-5 could potentially impact prices of Solana (SOL), Polkadot (DOT), and Cosmos (ATOM). (ref) Notable eventsCompound (COMP) has accidentally dropped $90M into users’ hands after a buggy software upgrade.(ref) Curve Finance (CRV) announced its second peg insurance. (ref) Whales reportedly has stocked up another $1.45 Billion USD worth of Chainlink (LINK). (ref) Cardano (ADA) is working with Chainlink (LINK) for Oracle Services. (ref) JPEG’d is launching CryptoPunks with Chainlink (LINK) integration. (ref) Altcoins equipped with cross-chain bridges rally after last week's crackdown of the cryptocurrency market in China by the Chinese government. (ref) Notable eventsThe Worldwide Asset eXchange (WAX) has reached a market capital of $2.5 Billion USD of non-fungible tokens (NFTs). (ref) Axie Infinity (AXS) is planning to launch a decentralised exchange (dex). (ref) An anonymous whale purchased $276 Billion USD worth of Shiba Inu (SHIB) tokens over the weeked. (ref) Thank you for reading! We hope you find our Weekly Market 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! If you liked this post from Crypto.com Research, why not share it? |
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Crypto.com Weekly Market Update (Week 38, 20/09/2021-26/09/2021)
Tuesday, September 28, 2021
Price Index Down, Volume and Volatility Indices Up.
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