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FTX US Launches NFT Marketplace Powered by Solana Network

Hello everyone, this is our weekly crypto digest. Here you’ll find everything from a weekly market summary and top news to the hottest new listings on exchanges, and even memes to cheer you up. To get these updates as soon as we post them, follow us on Twitter.

Weekly Market Summary

Founded in 1754, privately owned bank Bankhaus von der Heydt (BVDH) announced the partnership with the global leader in digital asset custody and settlement technology Fireblocks, to provide cryptocurrency storage, staking and trading services.

“Fireblocks gives us a secure and easy-to-use platform to develop complex operational workflows such as moving between asset trading and custody, staking assets in custody or even a direct integration with lending protocols to extend our service portfolio,” said Managing Director of Bankhaus von der Heydt Philipp Doppelhammer. He stated that with Fireblocks, they are one step closer to becoming the one stop shop for their customers.

At the Texas Blockchain Summit, US senator Ted Cruz proposed to use abundant energy for BTC mining.

He stated that Texas is burning huge volumes of natural gas due to a lack of transportation equipment. He claimed that gas can be used for BTC mining. The key benefit is that miners can take advantage of stranded renewables and mine off grid by mitigating waste nat gas. It, in turn, will have a beneficial effect on the environment, because the excess gas will be used properly.

Quick weekly news:

Other notable events include:

  • Swiss is planning to add BTC as country’s reserve assets
  • FTX US Launches NFT Marketplace Powered by Solana Network

Swiss is planning to add BTC as country’s reserve assets

Swiss think tank 2B4CH association announced plans to launch an initiative that could make Bitcoin one of the country’s reserve assets, alongside gold.

In order to put the initiative up for a vote, it is necessary to collect 100,000 signatures.

“The Swiss National Bank shall create sufficient currency reserves from its revenues; part of these reserves shall be held in gold and Bitcoin,” 2B4CH’s founder and chair Yves Bennaim told Cointelegraph. “We hope the vote will be successful, but even if it isn’t, it will already be a success if the topic is brought to the public debate,” he added.

FTX US Launches NFT Marketplace Powered by Solana Network

Crypto exchange FTX.US has fully launched its NFT trading platform, which will support Solana-based NFTs.

“With the launch of this platform, we hope to provide both US and global users with a regulated marketplace that is intuitive and responsive to their needs,” said FTX.US president Brett Harrison in a statement.

To protect customers from buying fake NFTs, FTX.US will work with NFT creators to ensure that it verifies the authenticity of the NFTs available for sale.

The FTX.US platform is also planning to add support for ETH NFTs in the future.

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  • Spot trading: At the spot trading front, SHIBA INU (SHIB) and Ethereum (ETH) have become top dogs. Bitcoin (BTC) and Algorand (ALGO) were pushed to third and fourth places.
  • Derivatives: Ethereum (ETH) and Bitcoin (BTC) have become the most traded currencies as to trading derivatives. Harmony (ONE) is following these two head to head with Solana (SOL) and Ripple (XRP) taking fourth and fifth places.

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New Listings on KuCoin:

  • Netvrk (NTVRK/USDC NTVRK/USDT)
  • Ethereum Push Notification Service (PUSH/BTC PUSH/USDT)
  • Sienna (ERC20) WSIENNA/USDT
  • ATOM3S (ATOM3S/USDT)
  • ATOM3L (ATOM3L/USDT)
  • SolRazr (SOLR/USDT)

New Listings on Binance:

  • SuperRare (RARE/USDT RARE/BUSD RARE/BNB RARE/BTC)

New Listings on Kraken:

  • Phala Network (PHA/USD PHA/EUR)

By the way, our PRO plan includes new Exchange Listing alerts for all 27 exchanges in our app. Become a PRO and receive an instant notification when a new coin is listed on Coinbase Pro, Binance, or an exchange of your choice!

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Samoyedcoin is a memecoin that was inspired by Dogecoin and launched by Sam Bankman-Fried (CEO of Alameda Research and FTX) and Anatoly Yakovenko (co-founder of Solana). SAMO is Solana’s fun ambassador with the aim to help grow its ecosystem mostly composed of heavyweight technological coins.

SAMO’s main role is to introduce Solana to newbies, building new and exciting solutions for the ecosystem. This memecoin is focused on being community-owned and entertaining.

DYOR

Twitter
Website

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Polygon (formerly known as Matic Network) is the first well-structured and simple-to-use Ethereum scaling and infrastructure development platform. Its key component is Polygon SDK, a modular, flexible framework that supports building multiple types of apps. MATIC is a Layer 2 scaling solution backed by Binance and Coinbase. The project aims to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

The Polygon native token, MATIC, is an ERC-20 token running on the Ethereum blockchain. Tokens are used as a settlement currency between users who operate inside the Polygon ecosystem and for payment services such as gas costs using a proof of stake (PoS) consensus mechanism. MATIC tokens are also used to pay transaction fees on Polygon sidechains.

Recent announcements:

DYOR: 

Website
Twitter

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We have prepared top-performing coins as of October 13th!

PancakeSwap has managed to become the best performing asset among TOP-100, gaining 13.17% within the last 24 hours.

Filecoin was the worst-performing asset among TOP-100 (again), losing 10.16% within the last 24 hours.

To get up-to-date reports on gainers and losers during the week, follow us on Twitter.

Top cryptomeme of the week

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We hope you found this digest useful and informative! If you want to be the first one to receive new crypto insights and stay up-to-date with the market, follow us on Twitter. Happy trading with the Good Crypto app!

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October 13, 2021

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