Hi there! This weekly digest is brought to you by the Good Crypto team. We know you need to stay up to date with the latest developments in our niche, so we’ve compiled the most exciting events of the past week. You are about to read the hottest news, latest exchange listings, and of course, discover some memes to cheer you up. Stay updated and don’t miss a thing. Follow us on Twitter or Telegram!
Weekly Market Summary
Binance has announced the removal of the following trading pairs:
DGB/BNB, IOST/BNB, NEBL/ETH, NMR/BNB, PIVX/ETH, REP/ETH, RVN/BNB, SC/BNB, STMX/BNB, SUSHI/BIDR
It must be noted that users can still trade the above assets in other trading pairs that are available on Binance.
Prominent luxury car brand Mercedes-Benz is entering the NFT madness and releasing its NFT collection.
“With the project, the Mercedes-Benz G-Class enters completely new terrain – the NFT space. Its strong appearance is reflected in each of the five artworks despite completely different interpretations.” — the company stated.
Quick weekly news:
- EU Markets Regulator Calls for Ban on Proof-of-Work Crypto Mining
- Survey shows that 67% of Canadians want to get paid in crypto by 2027
- Singapore crypto ATMs shut down after central bank crackdown
- Bitcoin will emerge stronger after stocks dip ‘10%–20%’
Other notable events include:
- MMA champion asks for half of the fee in BTC
- Spain moves to regulate crypto asset advertising
MMA champion asks for half of the fee in BTC
UFC heavyweight champion Francis Ngannou followed the example of his colleagues and signed an agreement with Cash App that will allow him to convert half of his UFC 270 purse.
“After learning more and more about bitcoin, I truly believe it is the future of money,” Ngannou stated (via his agent Marquel Martin).
This information was confirmed by MMA news reporter Ariel Helwani in his blog. He also noted that Ngannou intends to distribute about $300,000 worth of BTC to fans via his Twitter and Instagram.
Spain moves to regulate crypto asset advertising
“The National Commission for the Securities Market (CNMV) is introducing new rules regarding the promotion of investments in crypto assets in Spain,” the official bulletin says. Advertisers and companies who promote crypto assets will have to inform the National Securities Market Commission (CNMV) at least 10 days in advance about the content of campaigns targeting more than 100,000 people.
With these changes, the Commission expects to take control of the promotion of services for investing and trading cryptocurrencies. It is assumed that the new rules will come into force on February 17, 2022. The key objective of the initiative is to convey to ordinary people all the risks associated with the crypto industry, as well as to remove dubious or misleading content on this issue.
- Spot trading: On the spot trading front, Bitcoin (BTC) and Ethereum (ETH) have become top dogs. Theta Network (THETA) is following these two head on with Moonbeam (GLMR) and Internet Computer (ICP) taking fourth and fifth places.
- Derivatives: Bitcoin (BTC) and Elrond (EGLD) have become the most traded currencies as to trading derivatives. Polkadot (DOT) is ranking third with Solana (SOL) and Shiba Inu (SHIB) in fourth and fifth places.
New Listings on KuCoin:
- Frontrow (FRR/USDT)
- Gari Network (GARI/USDT)
- Creditcoin (CTC/BTC CTC/USDT)
New Listings on Kraken:
- Astar (ASTR/USD ASTR/EUR)
By the way, our PRO plan includes new Exchange Listing alerts for more than 30 exchanges in our app. Become a PRO and receive an instant notification when a new coin is listed on the exchanges you’re interested in.
DogeSwap is a new DEX based on the Huobi Eco Chain Mainnet, a 100% decentralized mining ecosystem committed to supporting new assets as well as LP mining and single currency mining for new assets. DOG has passed the security auditing of Slow Fog Technology and is a platform currency of DogeSwap. As stated on their website, everyone hodling DOG will get its mining income and platform governance rights.
🔍 DYOR
Revain is an online platform for ETH blockchain-based tokens reviews, aimed to provide developers with constructive feedback on their projects. The protocol also incentivizes authors to provide high-quality reviews.
Revain’s ultimate goal is to create a legitimate and genuine feedback structure for all global products and services that utilize emerging technologies, such as machine learning and blockchain. Revain implements artificial intelligence tools and a manual review system to ensure the high quality of reviews.
👉🏻 Recent announcements:
- With the highest daily gains in the market, is Revain really a good investment
🔍 DYOR:
We have prepared top-performing coins as of January the 20th!
FTX Token has managed to become the best performing asset among TOP-100, gaining 9.72% within the last 24 hours.
Stacks was the worst-performing asset among TOP-100, losing 10.97% within the last 24 hours.
To get up-to-date reports on gainers and losers during the week, follow us on Twitter.
We made it for you, just read the the full piece