Hi there! This is a weekly digest brought to you by the Good Crypto team. We know how important it is to keep in the loop on the latest developments in the niche, so we have brought together the most interesting events of the past week. Below you will find the hottest news, latest exchange listings and even memes to cheer you up. If you want to get these updates as soon as we post them, follow us on Twitter or Telegram.
Weekly Market Summary
Binance Labs announces strategic investment in Coin98, a leading all-in-one DeFi platform building a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate cross-chain bridge to migrate tokens across networks.
To support Coin98’s long-term vision, Binance Labs will provide the team with the technologies, consultation, and incubation services needed.
2022 has been deemed the year of the Metaverse. This year will dwarf years past with Meta, Apple, Microsoft, and Google all jumping into the game. These heavy hitters have joined a hardware arms race to see who can develop the best fully immersive experience for us to work hard and play harder in the Metaverse.
What’s more, Apple is expected to announce a high-end headset that mixes virtual reality and augmented reality.
VR is about to get a whole lot cooler.
Quick weekly news:
- OpenSea raises $300M for encrypted digital marketplace
- Bitcoin $100K possible by chipping away at gold’s market share
- El Salvador is preparing for Bitcoin bonds
- How a 14-Year-Old Used Solana NFTs to Raise $100K
Other notable events include:
- Samsung launches NFT platform for Its Smart TVs
- Visa and Mastercard will lose out to Web3-based payment projects in 2022
Samsung launches NFT platform for Its Smart TVs
According to a statement, catching the NFT wave, Samsung has integrated an NFT platform with its smart TVs, enabling “discovering, purchasing, and trading digital artwork through MICRO LED, New QLED, and The Frame, “statement.
The company intends to launch the first smart TV NFT explorer and marketplace aggregator in 2022. Viewers will be able to explore and trade NFTs without ever leaving their couch with the upcoming platform.
Visa and Mastercard will lose out to Web3-based payment projects in 2022
Billionaire and former Facebook CEO Chamat Palihapitiya called out payment giants Visa and MasterCard as 2022’s biggest losers.
Palihapitiya predicts the decline of both companies during 2022 due to competition from payment projects based on Web3 and cryptocurrencies.
“My biggest business loser for 2022 is Visa and MasterCard and traditional payment rails and the entire ecosystem around it,” Chamat said in an All-In Podcast.
To him, the long-standing payment systems used worldwide are a “completely contrived duopoly that doesn’t need to exist.”
- Spot trading: On the spot trading front, Bitcoin (BTC) and Ethereum (ETH) have become top dogs. Polygon (MATIC) is following these two, head on with Theta Network (THETA) and Amp (AMP) taking fourth and fifth places.
- Derivatives: Bitcoin (BTC) and Terra (LUNA) have become the most traded currencies in the derivatives category. Yearn.finance (YFI) is trailing in third with Ethereum (ETH) and Compound (COMP) in fourth and fifth places.
New Pairs on Binance:
- Voxies (VOXEL/ETH)
- Oasis Network (ROSE/BNB)
- Near Protocol (NEAR/ETH)
- Terra (LUNA/UST LUNA/BRL)
- Internet Computer (ICP/ETH)
- Elrond (EGLD/ETH)
- Dusk Network (DUSK/BUSD)
- Cosmos (ATOM/ETH)
New Listings on KuCoin:
- Good Games Guild (GGG/USDT)
- Helium (HNT/USDT HNT/BTC)
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.
Kawakami Inu is the decentralized meme token ecosystem fueled by the $KAWA token. Despite assuming the lead on development, the team operates as a decentralized independent organization. The aim is to create an entire ecosystem for meme tokens with a line of products such as farming platform, DEX, and a launchpad planned for the first series of products.
🔍 DYOR
ROSE is a PoS blockchain network designed to function as a privacy-preserving platform for open finance and use data responsibly. Oasis is a base-layer blockchain, like ETH or BTC, but it’s built from the ground up, with data confidentiality and throughput gains of up to 1,000 transactions per second.
Oasis achieves high throughput and boasts a secure architecture by separating the contract settlement and consensus layers. This separation of layers allows the blockchain to support multiple, customizable runtimes (ParaTimes).
👉🏻 Recent announcements:
- ROSE gains 54% in a week as Oasis Network ecosystem expands
- Rose Price Analysis: Oasis Network Coin Could Re-establish All-time High Resistance Of $0.46
🔍 DYOR:
We have prepared top-performing coins as of January the 6th!
TerraUSD has managed to become the best performing asset among TOP-100, gaining 0.28% within the last 24 hours.
Spell Token was the worst-performing asset among TOP-100, losing 22.79% 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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