Crypto.com Weekly Market Update (Week 14, 04/04/2022 - 10/04/2022)
UFC and Crypto.com let fans vote which fighters get $BTC bonuses. EU extends sanctions to crypto. Worldpay starts $USDC payouts in pilot programme with Crypto.com.
Key Takeaways
Bitcoin (BTC) futures ETF – Teucrium receives approval; ProShares files for a short Bitcoin futures ETF; Direxion following suit one day later.
WorldPay from FIS to offer stablecoin settlements to merchants. Initial pilot programme to be tested with the USDC stablecoin. The stablecoin is a reserved backed digital currency with more than US$ 51B in circulation as of April 2022.
Crypto.com’s latest partnership with UFC allows fans to vote for their top athletes; BTC bonuses paid to top fan-voted UFC Fighters.
The general price, volume, and volatility indices were all down at -7.52%, -17.19%, and -20.80% respectively.
Highlights
CME adds reference rates for Solana, Cardano, Polygon, and other altcoins
First South Korean bank issues crypto accounts for corporations
Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership
Yellen: No evidence Russia is bypassing sanctions with crypto
American Bank to enable customers buy Bitcoin and Ethereum via new crypto offering
Terraform Labs, LongHash Ventures roll out Terra accelerator program
South African authorities are actively exploring blockchain-based payments
Deltec, Chainalysis, Robinhood and others join Crypto Market Integrity Group
Shopify facing another lawsuit from crypto holders over Ledger data breach
Check the latest prices on Crypto.com/Price.
Market Index Tokens
* Market index tokens: BTC, ETH, XMR, LINK, EOS, XLM, XTZ, ATOM, ADA, DOT
DeFi Index Tokens
*DeFI index tokens: AAVE, ANC, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI
Other Tokens
*NFT tokens: THETA, CHZ, ENJ, FLOW, FET, WAX, OGN, UOS, OMI
*Gaming tokens: AXS, MANA, SAND, ALICE, YGG, MBOX, ILV, ATLAS, POLIS, DAWN
*Meme tokens: DOGE, SHIB, MONA, HOGE, PEPECASH
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