The past week has been a really exciting 7 days for the crypto space. After shaking off the pressure from China’s move to ban crypto trading, the market has returned strongly with a series of positive news from both projects and legal issues, as shown by many coins. top all recorded an increase of 10% or more compared to a week ago.
Let’s review it all with CHK to make sure you don’t miss any important news! 😉
📌 CHK Originals – Must-read articles
– Kyros Kompass #4: Ecosystem – When is it ready to explode?
– Introducing CHK Portal: Cryptocurrency portal for everyone
– 5 reasons Bitcoin forever “stuck” below the threshold of $ 50,000
– Charity fundraising project Mask On – When crypto for the Vietnamese community
📺 CHK TV
– DeFi Discussion ep.12: Incentive Program – When the new blockchain powers wake up
– Weekly news: How will the US “public debt bomb” affect Crypto?
– Catch the market pulse with 68 Trading: Analysis of Potential Coins in October – Where is the Bull?
– What is a COMPLETE DeFi Ecosystem? – Understanding the DeFi puzzle pieces: Part 1 | Part 2
– Confide:
– Crypto VIP | Vitalik Buterin – The unique genius of the crypto world, the father of Ethereum
1/ The focal point 🔥
– Bitcoin “piling up a column” to 47,800 USD, the crypto market recovers strongly
– Coinbase Exchange hacked, more than 6000 users lost money
– Axie Infinity Launching AXS staking mechanism and announcing plans to make DEX exchange, new ATH token price
– Chinese Cryptocurrency Companies response to the crypto ban:
– Elon Musk speak out against the legal situation of the US and the context of repression from China
– Fed President declares no intention to ban Bitcoin and cryptocurrencies
2/ Big Cap
– Ethereum Closing the date of October 27 for the next major upgrade of Ethereum 2.0
– Ripple was “fake news” that the SEC had withdrawn the lawsuit
– Bitfinex Exchange spends 23.6 million USD as fees for an Ethereum transaction
– Continuous good news from Cardano (ADA):
– Polygon (MATIC) 330% increase in active addresses, surpassing Ethereum
– Quickswap (QUICK) over 50% increase in 1 hour – Polygon’s achievement “saved” QUICK?
– Fantom (FTM) support Tajikistan to implement CBDC
– Dfinity Foundation founder denies “pump and dump” allegations Internet Computer (ICP)
3/ DeFi 🦄
– dYdX (DYDX), Uniswap (UNI) with many projects DEX and DeFi Strong growth after China’s ban
– Compound (COMP) encountered a payment error, “lost” $ 80 million
– Serums (SRMs) preparing to move to the DAO governance model
– Algorand (ALGO) Launch of virtual machine to increase smart contract development
– 1inch (1INCH) block US IP in preparation for launching its own platform in the US
– Bank Societe Generale apply for a “historic” loan of 20 million DAI on MakerDAO
4/ NFT and Games
– Ripple set up a fund of 250 million USD to invest in NFT projects on XRP Ledger
– Twitter “teasing” support NFT
– TikTok announced NFT collection released by famous artists
– NFT most expensive on blockchain Solana priced at 2.1 million USD
– Esports team TSM release NFT on Solana
5/ Investment from large organizations
– Grayscale add Solana (SOL) to portfolio
– Switzerland Approving the first crypto investment fund
– BlackRock profit from investing in Bitcoin futures contract
– Morgan Stanley Increasing Bitcoin Exposure Through Grayscale’s GBTC Stock
– Institutional investors have “buy the dip” after China’s FUD
6/ Legal and Reception ⚖️
– America wants to manage stablecoins as “banks”
– Binance block spot trading and fiat deposits for users in Singapore
– SEC Chairman hinting at the possibility of licensing a Bitcoin ETF
– El Salvador start mining Bitcoin with volcano
7/ Notable events next week (October 4 – October 10)
Synthetic CHK
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