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
LINK owners saw a happy hour a few days ago as a spurt of over 15% took Chainlink’s LINK token to $25, a new all-time high.
Eagle-eyed coin holders Link Marines saw the writing on the wall early this week when LINK was fluctuating around $22 and $23.
LINK’s performance, however, is as volatile as the tempers of the Link Marines. LINK hit a new all-time high of $21 on January 15, only to crash by 20% three hours later.
Still, while Bitcoin’s bull run attracted much gushing from all the corners, Chainlink had an even bigger year, exploding 1300% from a mere $1.77 on New Year’s Day of 2020.
The price of UNI, the native governance token of decentralized finance (DeFi) platform Uniswap, has reached a new all-time high of $14.25.
The token’s price has surged over 65% over the past week, pushing its market capitalization over the $4-billion mark.
Data shows that the UNI’s ongoing price rally pushed the token to the second place among the top DeFi tokens by market cap. And even outside of the “social circle” of DeFi tokens, UNI’s performance is admirable — it is currently ranked thirteenth among all cryptocurrencies by market cap.
Quick weekly news:
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Dogecoin to 1 dollar? Reddit turns to DOGE after GameStop surges 1,600% in 2 weeks: Read more here.
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Ripple Hit with Yet Another Lawsuit Over Securities Law Violations:Read more here.
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Apple updates iOS to fix crypto wallet security vulnerabilities: Read more here.
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Crypto Baron John McAfee Says He Might Make Guinness Book of World Records, Here’s Why: Read more here.
Other notable events include:
– Stellar Development Foundation invests in crypto payments
– Cryptocurrency Fund to help cancer patients
Investment by Stellar Development Foundation
The Stellar Development Foundation has invested in blockchain payments company Wyre to boost support for financial applications in the Stellar ecosystem.
The Foundation said the $5 million Enterprise Fund investment in Wyre will introduce a variety of payment application programming interfaces (APIs) that can be used by apps on the Stellar network.
Cryptocurrency Fund
The American Cancer Society (ACS) has launched a cryptocurrency fund to support cancer research. The organization has partnered with cryptocurrency donations platform The Giving Block to launch the fund, setting a fundraising target of $1 million by early 2021.
Cryptocurrency raised through the Crypto Cancer Fund will go directly to funding the society’s cancer research program, supporting research for “new discoveries and better treatments.”
Here are the hottest exchange listings of the last week:
New Listings on Binance:
– DeXe (DEXE/ETH DEXE/BUSD)
– Nervos Network (CKB/BTC CKB/USDT CKB/BUSD)
– Trust Wallet Coin (TWT/BUSD TWT/USDT TWT/BTC)
New Pairs on Binance:
– USDC/BUSD EOS/EUR TUSD/BUSD PAX/BUSD LTC/BRL
New Listings on Huobi:
– MASS (MASS/ETH MASS/BTC MASS/USDT)
– Reef Finance (REEF/ETH REEF/USDT REEF/BTC)
New Pairs on Huobi:
– ZEN/USDT
– MDX/USDT
New Listings on FTX:
– Dai (DAI/USD DAI/USDT)
– GameCoin (GME/USD GME-0326)
New Pairs on FTX:
– BTT-PERP SUN/USD JST/USD
By the way, our PRO plan includes new Exchange Listing alerts for all 27 exchanges in the app. Become a PRO and receive an instant notification when a new coin is listed on Coinbase Pro, Binance, or your exchange of choice!
Tezos (XTZ) is a blockchain network linked to a digital token, which is called a tez or a tezzie. Tezos is not based on the mining of tez. Instead, token holders receive a reward for taking part in the proof-of-stake consensus mechanism.
When token holders bake or delegate their tokens, they earn rewards proportional to their share of all tokens and retain their proportionate share of the total supply of tokens.
Tezos as an open-source platform for smart contracts supports digital assets and trust-minimized financial contracts and applications.
😋Recent announcements:
Tezos Vs Ethereum
Tezos (XTZ) Price Prediction for 2021-2025
🔥DYOR:
– Website
We have prepared for you top-performing coins of Jan 28.
Dogecoin has managed to become the best performing asset from TOP-100, gaining 48.68% within the last 24 hours.
THETA was the worst-performing asset from TOP-100 (again), losing 3.20% 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
Traders will understand😎
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!