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Crypto News Weekly Recap #163 📣
— Sam Bankman-Fried jailed ahead of trial
— PayPal launches a stablecoin in latest crypto payments push
— Ark 21Shares Bitcoin ETF application decision pushed out by SEC
— BlackRock insiders say Bitcoin ETF is likely 6 months away
— Bittrex settles with SEC, pays out $24m fine
— Microsoft and Aptos Labs collaborate on new AI blockchain solutions
— Coinbase officially launches Base blockchain
— DeBank launches its own blockchain, DeBank Chain
👉 https://cryptorank.io/news
Top 10 Gainers of the Week 📈
$LPT +116%
$AKT +105%
$TARA +77.1%
$RLB +61.2%
$BLZ +54.3%
$PRIME +53.6%
$RUNE +42%
$API3 +38%
$LBR +30%
$UNIBOT +27.6%
👉 https://cryptorank.io/performance
Base Ranks 5th Among Blockchains For Fees Charged 🔵💰
Shortly after the launch of its mainnet, Base took 5th place among blockchains by daily comulative fees over the past 7 days.
Ethereum leads, followed by TRON and Bitcoin.
👉 https://cryptorank.io/blockchains
Centralized Entities With the Largest ETH Balance
Centralised exchanges have seen ETH outflows since April 2023, but they still store large amounts of Ethereum. Discover the most popular entities for storing ETH.
👉 https://cryptorank.io/price/ethereum
DeBank Launches its Own Blockchain, DeBank Chain, Based on OP Stack
DeBank announced today that it is launching the OP Stack-based DeBank Chain testnet, with plans to launch the mainnet in 2024. DeBank Chain aims to minimise the cost of gas, provide a native experience similar to account abstraction, and ensure the safety of L1 assets.
👉 https://twitter.com/DeBankDeFi/status/1689963919614611457?s=20
The Latest Breaking News 📣
— Bittrex settles with SEC, pays out $24m fine
— Bitwise revises Bitcoin and Ethereum strategy ETF
— Gemini lists XRP again, price surges over 7,800% to $50 on the exchange
— Base Network surpasses 100,000 daily users shortly after launch
— International payments bank selects Ripple for cross-border payments
👉 https://cryptorank.io/news
Base Ecosystem Overview 🔵🔥
Secure, affordable, and developer-friendly, Base is Ethereum L2, built to onboard the next billion users to Web3. Incubated by Coinbase, it envisions an open, accessible global crypto economy. Discover the dynamic Base ecosystem.
👉 https://cryptorank.io/price/base
Top 10 Blockchains by the Funds Raised in Public Token Sales
Ethereum is on top of the list, while Arbitrum-based projects raised the second largest amount of funds in 2023.
BNB Chain leads by the number of launched token sales in 2023 (194).
https://cryptorank.io/ico-analytics
📈Market Overview
#Bitcoin price dropped below $30K again. The Top-10 cryptocurrencies are also traded in red zone (except Dogecoin):
XRP -2.06%
BNB -1.18%
Dogecoin +0.62%
Market capitalization: $1.29T (-0.56%)
The BTC dominance: 44.42% (-0.17%)
Fear & Greed Index: 53 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Akash Network (AKT) +13.8%
Golem (GLM) +13.1%
Orchid (OXT) +11.7%
👉 Recent Funding Rounds
SphereX $8.2M seed round led by Aleph
Cube3 $8.2M seed round led by Blockchange Ventures
Puffer Finance $5.5M seed round led by Lemniscap and Faction
BTC Futures
Aggregated Volume — $26.5B
Aggregated Open Interest — $10.4B
👉 Derivatives Market Analytics
WhiteBIT Launched the Mainnet of Its Blockchain, WB Network
WB Network uses the Proof-of-Authority (PoA) consensus algorithm, and WhiteBIT Coin (previously WhiteBIT Token) has become the main asset of the network. Thanks to the WB Network, WhiteBIT users can enjoy even more benefits, including WB Soul Ecosystem.
👉 https://blog.whitebit.com/en/meet-our-own-blockchain-wb-network/
Top 10 DeFi Protocols by TVL on BNB Chain 🟠
PancakeSwap accounts for 34.8% ($1.8B) of TVL on BNB Chain, followed by Venus, Radiant Capital, and CoinWind.
👉 https://cryptorank.io/tags/bnb-chain-ecosystem
📈Market Overview
#Bitcoin broke $30K resistance again, but now trades slightly below this important level. The Top-10 cryptocurrencies are traded in green zone:
Solana +5.38%
XRP +3.66%
Dogecoin +2.24%
Market capitalization: $1.3T (+1.59%)
The BTC dominance: 44.5% (+0.3%)
Fear & Greed Index: 50 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Taraxa (TARA) +74.2%
Rollbit Coin (RLB) +72.4%
Coin98 (C98) +31.8%
👉 Recent Funding Rounds
fxhash $5M seed round led by 1kx
unshETH $3.3M seed round with participation from The LAO and other investors
VIP3 $2M seed round with participation from PAKA
BTC Futures
Aggregated Volume — $38.1B
Aggregated Open Interest — $11B
👉 Derivatives Market Analytics
Top 15 Stablecoins by Market Capitalization
USDT accounts for 67% of stablecoin's market, while BUSD continues to lose its market share (-16% MoM).
First Digital USD (FDUSD) has already become the 11th largest stablecoin by market cap.
What is your prediction about PayPal USD future market share? 🤔 Share your opinion in the comments.
👉https://cryptorank.io/categories/stablecoin
The Latest Breaking News 📣
— PayPal launches a stablecoin in latest crypto payments push
— Huobi receives $200M USDT, $9M Ether from whale
— Blockchain com obtains major payment institution license in Singapore
— Bitstamp In negotiations to expand to Europe In early 2024
— Steadefi grapples with major exploit, all funds at risk
👉 https://cryptorank.io/news
Top 10 Projects on Base by 7D Active Users
Over the past week, the Base ecosystem has received a lot of attention from users. Onchain Summer leads, followed by Stargate, Friend.tech, and Uniswap V3.
👉 https://cryptorank.io/price/base
📈Market Overview
#Bitcoin and top 10 altcoins are flat without significant price movements:
Dogecoin -1.95%
Solana -1.27%
Bitcoin -0.06%
Market capitalization: $1.29T (-0.06%)
The BTC dominance: 44.36% (-0.01%)
Fear & Greed Index: 50 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bluzelle (BLZ) +42.6%
Quiztok (QTCON) +39.9%
Hathor (HTR) +26.9%
👉 Recent Funding Rounds
Helio Protocol $10M funding round with participation from Binance Labs
Spearbit $7M funding round led by Framework Ventures
Xverse $5M seed round led by Jump Crypto
BTC Futures
Aggregated Volume — $12.7B
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics
📈Market Overview
#Bitcoin price stays flat this weekend. The Top-10 cryptocurrencies are traded in different directions:
Solana +0.76%
Cardano -1.15%
XRP -0.22%
Market capitalization: $1.29T (-0.01%)
The BTC dominance: 44.36% (-0.01%)
Fear & Greed Index: 54 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bluzelle (BLZ) +32.5%
Livepeer (LPT) +30.7%
Pocket Network (POKT) +23.3%
👉 Recent Funding Rounds
Helio Protocol $10M funding round with participation from Binance Labs
Spearbit $7M funding round led by Framework Ventures
Xverse $5M seed round led by Jump Crypto
BTC Futures
Aggregated Volume — $4.7B
Aggregated Open Interest — $10.4B
👉 Derivatives Market Analytics
📈Market Overview
#Bitcoin price trades below $30K. The Top-10 cryptocurrencies are traded in different directions:
Cardano -0.39%
Dogecoin +1.75%
Ethereum +0.13
Market capitalization: $1.29T (-0.07%)
The BTC dominance: 44.36% (-0.05%)
Fear & Greed Index: 54 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Echelon Prime (PRIME) +29.4%
Akash Network (AKT) +22.3%
Highstreet (HIGH) +12.8%
👉 Recent Funding Rounds
Helio Protocol $10M funding round with participation from Binance Labs
Spearbit $7M funding round led by Framework Ventures
Xverse $5M seed round led by Jump Crypto
BTC Futures
Aggregated Volume — $12.4B
Aggregated Open Interest — $10.5B
👉 Derivatives Market Analytics
TRUE Launches New Strategic Funding Round Targeting $4M
TRUE, an infrastructure for building NFT engagement solutions, which secured $1M in seed funding in 2022, is launching a new strategic funding round targeting $4M. New round aims to find strong partners that can boost TRUE's presence in NFT, GameFi, and Big Web2 Brands sectors.
Seed round was led by SoftSwiss and Waterdrip with participation from Polygon Studios, Horadrim Capital, SharesPro, MarsDAO, OmDao, Imamov Capital (ex.Mindrock) and others.
👉 https://cryptorank.io/ico/true-future
Base Daily Active Users Surpasses 100K after Public Launch
After the public launch of the Base mainnet, the number of active users of the chain exceeded 100K (127K on 10 August). This may be linked to the growing popularity of Friend Tech, a social network integrated with Base.
👉 https://cryptorank.io/price/base
📈Market Overview
#Bitcoin price trades below $30K again. The Top-10 cryptocurrencies are traded in different directions:
Solana +0.72%
XRP +0.45%
BNB -0.66%
Market capitalization: $1.29T (-0.2%)
The BTC dominance: 44.33% (-0.2%)
Fear & Greed Index: 51 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Oasys Games (OAS) +73.2%
Livepeer (LPT) +26.3%
XEN Crypto (XEN) +23.8%
👉 Recent Funding Rounds
Spearbit $7M funding round led by Framework Ventures
Xverse $5M seed round led by Jump Crypto
Curve DAO $5M funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $17.1B
Aggregated Open Interest — $10.5B
👉 Derivatives Market Analytics
Base Now Ranks 4th in Daily TPS Among Layer 2 Solutions
Base Layer 2 launched its mainnet yesterday and is showing robust growth in active users and transactions. Now it ranks 4th by daily TPS (Transactions per second).
zkSync Era is the leading Layer 2 by TPS with an average result of 10.7.
👉 https://cryptorank.io/tags/layer-2
The Latest Breaking News 📣
— Coinbase officially launches Base blockchain
— Microsoft and Aptos Labs collaborate on new AI blockchain solutions
— Bitstamp suspended trading of multiple altcoins in response to SEC’s classification
— Bank of England wants digital pound advisers as It moves to CBDC design phase
— Uzbekistan ramps up crypto adoption, issuing new regulatory license
👉 https://cryptorank.io/news
Crypto Market Recap. July 2023. 📣📊
In this report CryptoRank's team analyzed the most significant events and trends that shaped the crypto landscape in July. 🔥👀
Key takeaways:
- July became a quiet month for BTC price and crypto market overall despite some groundbreaking news.
- Both spot and derivative trading volumes dropped to the lowest level in 2023.
- Token sales activity also decreased in July with 28 public sales raising a total of $14M.
- While the activity of new L2 networks kept growing, most of DeFi saw a decline in total value locked in July.
Read full report:
👉 https://news.cryptorank.io/crypto-market-recap-july-2023/
Microsoft and Aptos Labs Collaborate on New AI Blockchain Solutions 🔥
Aptos Labs announced it will use Microsoft's infrastructure to deploy new offerings that combine AI and blockchain, including a new chatbot called Aptos Assistant.
The two companies have also agreed to explore blockchain-based financial service solutions, including asset tokenization, payment options and central bank digital currencies (CBDC).
👉 https://www.coindesk.com/web3/2023/08/09/microsoft-and-aptos-labs-partner-on-new-ai-blockchain-solutions/
The Latest Breaking News 📣
— BlackRock insiders say Bitcoin ETF is likely 6 months away
— Fed starts new program to oversee crypto activity in U.S. banks
— Binance to become ‘first fully licensed’ crypto exchange in El Salvador
— China promotes blockchain technology for stock market application
— Brazilian CBDC gets official name and logo, it's DREX
👉 https://cryptorank.io/news
Top 15 DeFi Projects by 30D Active Users
Stargate leads, followed by PancakeSwap, Sweat Economy, and Uniswap.
👉 https://cryptorank.io/categories/defi
Top 10 Decentralized Perpetual Exchanges by Trading Volume 📊
Decentralized perpetual exhanges gained popularity amidst regulatory problems and security issues of centralized exchanges. Let's compare the leading perpetual DEXs by trading volume.
dYdX leads the market with $20.8B trading volume over the past 30D, followed by Kwenta, Vertex, and GMX.
👉 https://cryptorank.io/tags/derivatives
📈Market Overview
The Top-10 cryptocurrencies are traded in different directions:
Dogecoin -1.36%
Ethereum -0.15%
Solana +0.46%
Market capitalization: $1.28T (+0.16%)
The BTC dominance: 44.36% (+0.34%)
Fear & Greed Index: 54 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
DODO (DODO) +67.3%
RSS3 (RSS3) +38.1%
Bancor (BNT) +20.9%
👉 Recent Funding Rounds
VIP3 $2M seed round with participation from PAKA
D8X $1.5M pre-seed round led by Polygon Ventures
Sleepless AI funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $23.2B
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics