Crypto.com Weekly Market Update (Week 40, 4/10/2021 - 10/10/2021)
Crypto.com Weekly Market Update (Week 40, 4/10/2021 - 10/10/2021)Price and volume indices up, volatility index down. The Shiba Inu price soared by 300% and it is now a Top 20 cryptocurrency.Key Takeaways
Highlights
Check the latest prices on crypto.com/price. Notable eventsBitcoin (BTC) continued to rally last week, with news of low spot reserves. (ref) Ethereum (ETH) 2.0 Merger runs successfully on Devnet. (ref) Stellar Lumen (XLM) grew at a nearly double-digit rate last week, accompanied by its announcement on partnering with international remittance service MoneyGram. (ref) Tezos (XTZ) reached an all-time high at the end of last week, but then followed by a downward correction. The project announced a partnership with Arab Bank of Switzerland last week. (ref) Notable eventsCrypto Volatility Index (CVI) announced its integration with Chainlink (LINK). (ref) Yearn Finance (YFI) expanded to include the Fantom chain with its launch on multichain operations. (ref) Domination Finance with its DomFi platform built on Universal Market Access (UMA) raised $3.2 million in a seed round to scale up its derivatives trading platform. (ref) Notable eventsShiba Inu (SHIB) saw a tremendous spike in the trading of its perpetual contracts last week. (ref) Axie Infinity (AXS) Binance Launchpad Lottery Ticket sold at $200 is now worth $250,000. (ref) The Illuvium (ILV) project is going to set up cross-chain compatibility with the Warena (RENA) metaverse. (ref) Dawn (DAWN) announced its listing on the global trading platform BitMart Exchange. (ref) The foundation of Siacoin (SC) is planning a big token burn to get rid of surplus funding. (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 39, 27/09/2021 - 3/10/2021)
Monday, October 4, 2021
Price and Volatility Indices Up, Volume Index Down. El Salvador Mines BTC Using Volcanic Energy.
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Tuesday, September 28, 2021
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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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