Coinlive Weekly Weekly (January 17 – January 23): Has the downtrend arrived?

The third week of January 2022 noticed a clear decline in the cryptocurrency industry, as Bitcoin, Ethereum, and quite a few of the main altcoins recorded double-digit declines, just about every of which set new lows inside six months.

However, this unfavorable information is nonetheless not sufficient to quit the momentum of the NFT / metaverse sector, with quite a few developments involving quite a few significant corporations.

Let’s critique every little thing with Coinlive to make positive we will not miss any essential information! 😉

Change in the worth of the most important cryptocurrencies in contrast to seven days in the past, statistics detected at 06:38 on 23/01/2022. Source: Coin360

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Identify: Important trends in the cryptocurrency industry 2022

Central level 🔥

Bitcoin and Cryptocurrency industry it was heavily corrected, setting the lowest reduced in 6 months

A week of ups and downs of the Cardano ecosystem: Metaverse landed on Cardano, the DEX was prepared to go, only to be disappointed when SundaeSwap had difficulty launching

Microsoft acquire back Activision Blizzard for 68.seven billion bucks, laying a reliable basis for the ambition of the metaverse

Twitter Starting the perform to set NFT as avatar

powered publish a report on CBDC

Great Cap 🌈

Binance finished the eighteenth quarterly BNB burn up

Cardano (ADA) collaborate with EMURGO to accelerate the improvement of dApps on the ADA ecosystem

Polygon Implements the EIP-1559 mechanism to burn up MATIC tokens

Former CTO Block.a single Dan Larimer returns to EOS with a approach to relaunch the venture

Secret Network (SCRT) announced a $ 400 million fund to build the ecosystem and market liquidity

THORChain (RUNE) Officially brings Dogecoin (DOGE) to DeFi

CoinMarketCap once again embroiled in the “drama”, accused of getting listed 3 false addresses of Shiba Inu (SHIB).

Crypto.com exchange admitted to remaining breached, the injury can be as large as $ 33 million

Axie Infinite Launch the column “freeing life” to confess rewards on the event of the Lunar New Year 2022

– FTX CEO uncovered The three most promising blockchains will explode in 2022

DeFi 🦄

– Twitter continues to lead to a stir on the topic “Olympus DAO (OHM) is a Ponzi”

– Update the newest happenings on “Ghost Wars”

Multi-chain exploited, end users have to quit granting token rights ahead of it is as well late

Supply of USDC Cross USDT on Ethereum for the very first time

one inch net Expansion of the DeFi ecosystem in Avalanche (AVAX) and Gnosis Chain

NFT, Games and the Metaverse 🖼🎮🌐

Offshore establishing a new ATH in month-to-month NFT trading volume, surpassing the $ three.five billion mark

– Information leak displays Walmart getting ready to enter the metaverse

– Squad G2 Esport will release NFT on Solana to thank supporters

Mercedes NFT innovation for the G-Class

Coinbase companion with Mastercard to revolutionize the NFT purchasing encounter

Investments from significant institutions 💰

MicroStrategy CEO resolutely not to promote Bitcoin even even though the industry is getting into the prolonged-phrase “winter”

Brands Animoca increase capital of $ 359 million, bringing the valuation to $ five.five billion

El Salvador is dropping $ 14 million from a Bitcoin (BTC) investment.

– NFT platform Autograph increase capital of 170 million bucks

– “Boss” a16z Looking to increase $ four.five billion for a new crypto fund

– Vietnam’s primary gaming guild Ancient8 raised $ four million from a amount of well-known investment money

Legal and Reception

Binance accused of evading the law, ignoring anti-dollars laundering rules

Russian central financial institution Proposal to completely ban cryptocurrencies

SEC President Gary Gensler they want to place a lot more stress on cryptocurrency exchanges

Intel Preparation for the launch of the Bitcoin mining chip

Google has the newest move in direction of accepting crypto payments

📆 Event up coming week

Synthetic currency 68

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