Crypto.com Weekly Market Update (Week 47, 22/11/2021 - 28/11/2021)
Crypto.com Weekly Market Update (Week 47, 22/11/2021 - 28/11/2021)Price, volume indices down, volatility index up. El Salvador’s president buys 100 BTC after Omicron price-drop.Key Takeaways
Highlights
Check the latest prices on crypto.com/price. Notable eventsAccording to a statement from crypto exchange eToro, both Cardano (ADA) and Tron (TRX) will be removed over regulatory concerns. ADA founder and IOHK CEO Charles Hoskinson took to Twitter to make it clear that Cardano wasn’t fully delisted from eToro, it is only not available to customers in the United States. (ref) Parity Technologies co-founder and CEO Jutta Steiner has left the company. Parity is the technology firm behind the Polkadot (DOT) blockchain network. A Parity representative also confirmed that Gavin Wood will assume the role of CEO following Steiner’s departure. (ref) Mike Shinoda, the founding member of Linkin Park, announced that he will publish a new music project as a generative NFT series called Ziggurats. The collection of 5,000 mini mixtapes will be launched on Tezos (XTZ) on December 3rd. (ref) Notable eventsIntoTheBlock analytics showcase that the largest concentration of Curve (CRV) was acquired in between $17.5 and $30.7. A total volume of 762.11 million was accumulated in nearly 112 addresses. (ref) Chainlink (LINK) is joining the Gitcoin Grants round 12 to support the development of infrastructure for the Ethereum network. (ref) Notable eventsAdidas, which recently ventured into the metaverse with the launch of POAP, or proof of attendance protocol, on its Adidas Confirmed app, tweeted Tuesday about developing a so-called ‘adiVerse’ in partnership with The Sandbox (SAND). (ref) Polemos, a play-to-earn gaming guild focused on the open-world NFT-based battler game Illuvium (ILV), has raised US$2 million in a strategic funding round involving notable global investors. (ref) Metaverse Group, a Tokens.com subsidiary, has bought a patch of virtual real estate in the Decentraland (MANA) metaverse for 618,000 MANA – equivalent to around $3.2 million at the time of writing. (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 NFT Weekly Update (Week 46, 17/11/2021-23/11/2021)
Wednesday, November 24, 2021
The NFT market is now worth over US $7 billion. Crypto.com's 10000 Loaded Lion NFTs sold out before listing ended.
Weekly Update - Layer 1 & Layer 2 News (Week 46, 16/11/2021 - 22/11/2021)
Tuesday, November 23, 2021
El Salvador President Nayib Bukele reveals plans for $1B BTC bond issue, Bitcoin City.
Crypto.com NFT Weekly Update (Week 44, 3/11/2021-9/11/2021)
Monday, November 22, 2021
NFT market rebounded with a +1.67% increase. NiftyGateway transaction counts +209% last week.
Crypto.com NFT Weekly Update (Week 45, 10/11/2021-16/11/2021)
Monday, November 22, 2021
NFT market up by +40%. Hic et Nunc, a TEZOS based NFT marketplace abruptly discontinued its services without explanation.
Crypto.com Weekly Market Update (Week 45, 8/11/2021 - 14/11/2021)
Monday, November 15, 2021
Price, volume, and volatility indices all up. NYCCoin $NYC is set to launch, endorsed by NYC's next mayor Eric Adams.
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