Crypto.com Weekly Market Update (Week 43, 25/10/2021 - 31/10/2021)
Crypto.com Weekly Market Update (Week 43, 25/10/2021 - 31/10/2021)Price, volume and volatility indices up. Facebook rebrands itself as Meta, introducing a metaverse and NFTs.Key Takeaways
Highlights
Check the latest prices on crypto.com/price. Notable eventsOsmosis, a Cosmos (ATOM) automated market maker, has generated $21million worth of private token sales. (ref) The Beacon Chain’s Altair upgrade is on, a step further to the full operation of Ethereum (ETH) 2.0. (ref) While Ethereum (ETH) is trading above $4,000, it is reported that whales have shifted $1.42 billion worth of ETH. (ref) Rhodium enterprises, a Bitcoin (BTC) mining company, is planning to raise $100 million in its initial public offering. (ref) Cardano (ADA) tokens staked on its own network have reached an all-time high. (ref) Notable eventsA leak from the Loopring (LRC) protocol GitHub suggests a possible partnership deal with GameStop for an NFT marketplace. (ref) It is reported that over 89% of the Curve Finance (CRV) supply is locked up in various DeFi platforms. (ref) Justin Sun, the founder of Tron Foundation, has reportedly withdrawn billions of dollars from the Aave’s (AAVE) lending pool. (ref) Immunefi, a bug bounty and security services platform serving clients such as Chainlink (LINK), Nexus Mutual (NXM), and Synthetix (SNX), has raised $5.5 million in funding. (ref) Notable eventsFacebook rebranding gives fuel to the token market of games with metaverse elements. These tokens include Decentraland (MANA) and The Sandbox (SAND). (ref) Enjin.io (ENJ) will host the second annual NFT award ceremony in Decentraland (MANA). (ref) Over 500 million of the HOGE Finance (HOGE), which is around 0.12% of its supply, has been burned in under five days. (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 42, 18/10/2021 - 24/10/2021)
Monday, October 25, 2021
Price and volatility indices up, volume index down. BTC reached its all-time high last Wednesday, breaking $67000.
Crypto.com Weekly Market Update (Week 41, 11/10/2021 - 17/10/2021)
Monday, October 18, 2021
Price and volume indices up, volatility index down. Elon Musk makes dogecoin news again, plans to use his funds to extend life to mars.
Crypto.com Weekly Market Update (Week 40, 4/10/2021 - 10/10/2021)
Monday, October 11, 2021
Price and volume indices up, volatility index down. The Shiba Inu price soared by 300% and it is now a Top 20 cryptocurrency.
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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