CHK Weekly Weekly (January 17 – January 23): Downtrend is here?

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2022-01-24 03:09:11

The third week of January 2022 saw a clear downturn in the cryptocurrency market, as Bitcoin, Ethereum and many major altcoins recorded double-digit declines, each setting new lows within 6 months, respectively. come back here.

However, this much negative news is still not enough to stop the momentum of the NFT/metaverse sector, with many developments involving many large corporations.

Let’s review it all with CHK to make sure you don’t miss any important news! ๐Ÿ˜‰

Change in value of leading cryptocurrencies compared to 7 days ago, statistics taken at 06:38 AM on 23/01/2022. Source: Coin360

๐Ÿ“Œ CHK Originals โ€“ Must-read articles

โ€“ CHK Blog: 21 crypto events in 2021


โ€“ DeFi Discussion ep.28: Derivatives in DeFi โ€“ Not Just Long and Short

โ€“ Weekly news: Bitcoin โ€œfree fallโ€, crypto market engulfed in flames โ€“ Where is the bottom?

โ€“ DeFi Use: Experience FundMovr and ElementFi โ€“ How to optimize cash flow when testing on the Ethereum network

โ€“ Identify: Important Trends of the Cryptocurrency Market 2022

Central point ๐Ÿ”ฅ

โ€“ Bitcoin and the Cryptocurrency Market was heavily corrected, setting the lowest bottom in half a year

โ€“ A week of ups and downs of the Cardano ecosystem: Metaverse landed on Cardano, the DEX was ready to go, only to be disappointed when SundaeSwap had trouble launching

โ€“ Microsoft repurchase Activision Blizzard for 68.7 billion USD, laying a solid foundation for the metaverse ambition

โ€“ Twitter Launching the feature to set NFT as avatar

โ€“ Fed publish report on CBDC

Big Cap ๐ŸŒˆ

โ€“ Binance completed the 18th quarterly BNB burn

โ€“ Cardano (ADA) cooperate with EMURGO to accelerate dApp development on the ADA ecosystem

โ€“ Polygon Implement EIP-1559 mechanism to burn MATIC tokens

โ€“ Former CTO Dan Larimer returns to EOS with a plan to revive the project

โ€“ Secret Network (SCRT) announced a 400 million USD fund to develop the ecosystem and promote liquidity

โ€“ THORChain (RUNE) Officially bring Dogecoin (DOGE) to DeFi

โ€“ CoinMarketCap entangled in “drama” again, accused of listing three fake Shiba Inu (SHIB) addresses

โ€“ Exchange admitted to being hacked, the damage can be up to more than 33 million USD

โ€“ Axie Infinity Launching the feature of “liberating life” to confess rewards on the occasion of the Lunar New Year 2022

โ€“ FTX CEO revealed The 3 most promising blockchains will explode in 2022

DeFi ๐Ÿฆ„

โ€“ Twitter continues to stir up around the topic โ€œOlympus DAO (OHM) is a Ponziโ€

– Update the latest happenings about “Fantom Wars”

โ€“ Multichain being exploited, users need to stop granting token rights before it’s too late

โ€“ Supply of USDC Crosses USDT on Ethereum for the first time

โ€“ 1inch Network Expanding DeFi Ecosystem to Avalanche (AVAX) and Gnosis Chain

NFT, Games and the Metaverse ๐Ÿ–ผ๐ŸŽฎ๐ŸŒ

โ€“ OpenSea setting new ATH in monthly NFT trading volume, surpassing the $3.5 billion mark

โ€“ Information leak shows Walmart preparing to join the metaverse

– Team G2 Esports will release NFT on Solana to thank the fans

โ€“ Mercedes NFT innovation for the G-Class

โ€“ Coinbase partner with Mastercard to revolutionize the NFT buying experience

Investments from large institutions ๐Ÿ’ฐ

โ€“ CEO MicroStrategy resolutely not to sell Bitcoin despite the market entering the long-term โ€œwinterโ€

โ€“ Animoca Brands raise capital of 359 million USD, raising the valuation to 5.5 billion USD

โ€“ El Salvador is losing $14 million from a Bitcoin (BTC) investment

โ€“ NFT Platform Autograph raise capital 170 million USD

– “Boss” a16z Looking to raise $4.5 billion for a new crypto fund

โ€“ Vietnam’s leading Gaming Guild Ancient8 raised 4 million USD from a series of famous investment funds

Legal and Reception ๏ธ

โ€“ Binance accused of evading the law, ignoring anti-money laundering regulations

โ€“ Central Bank of Russia Proposal to ban cryptocurrencies

โ€“ SEC Chairman Gary Gensler want to put more pressure on crypto exchanges

โ€“ Intel Preparing to launch Bitcoin mining chip

โ€“ Google has the latest move towards accepting crypto payments

๐Ÿ“† Next week’s event

Synthetic CHK

Maybe you are interested:

#CHK #Weekly #Weekly #January #January #Downtrend

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