Crypto.com Weekly Market Update (Week 10, 07/03/2022 - 13/03/2022)
BTC climbed to $42.5K as Biden signed executive order on digital assets. Pay for the movies in DOGE at AMC.
Key Takeaways
Bitcoin (BTC) climbed to a high of about USD 42,500 before closing lower at the end of the week. Simultaneously, U.S. President Joe Biden signed the executive order for digital assets.
Stripe and eBay laid out plans for digital wallet and payment options for cryptocurrency amidst rising adoption.
In the week ahead, we have the FOMC meeting and also an European Union (EU) upcoming vote on the Markets in Crypto Assets (MiCA) regulation.
The general price, volume, and volatility indices were mixed at -1.12%, -11.21%, and +27.40%, respectively.
Highlights
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
Block’s Bitcoin wallet will contain a fingerprint sensor for transactions
This $70 million work of art could be paid for in Bitcoin or Ethereum
Princeton launches blockchain research initiative with $20M from crypto-alumni
DAO creation platform Upstream raises $12.5M and launches publicly
JustCarbon, Likvidi launch blockchain markets for carbon credits
Check the latest prices on Crypto.com/Price.
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