The ECB launched an advisory group for the digital euro

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

In a quarterly report filed with the SEC, the world’s leading electric car manufacturer Tesla claimed it may transact in cryptocurrencies again and resume accepting digital payments for its vehicles.

Tesla also added that they have long-term goals for cryptocurrencies: “We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash.”

Binance announced a public beta test of the Binance Marketplace for the company developers.

The Binance Marketplace offers new features that “bring your business right to the Binance app, reach millions of users worldwide and gain exposure to the most passionate crypto community in the world.”

Quick weekly news:

• Bitcoin Drops Below $60 000
• Nigeria Launches Africa’s First Digital Currency
• U.S. regulators exploring how banks could hold crypto assets
• Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October

Other notable events include:

• The ECB launched an advisory group for the digital euro
• The Graph integrates with NEAR Protocol

The ECB launched an advisory group for the digital euro

The European Central Bank (ECB) announced 30 members of the Digital Euro Market Advisory Group who will advise the ECB on the development and opportunities for the payment ecosystem.

“I am pleased that many high-quality experts from the private sector are willing to contribute to the digital euro project”, said Fabio Panetta (ECB Board Member, Chair of the High-Level Task Force). “Their expertise will facilitate the integration of prospective users’ and distributors’ views on a digital euro during the investigation phase.”

The group meetings will be held at least quarterly, starting November 2021.

The Graph integrates with NEAR Protocol

The Graph Foundation announced the testing of their service on the NEAR blockchain. The service first started working with the first non-EVM (Ethereum Virtual Machine) compatible blockchain.

“Integrating with The Graph is an important milestone for NEAR as we continue to eliminate barriers for developers working toward a decentralized web,” said Erik Trautman, CEO of NEAR Foundation.

This solution will allow NEAR developers to access The Graph blockchain data indexing, as well as help the web3 infrastructure to support even more dapps.

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

New Listings on Binance:

• ChessCoin (CHESS/USDT CHESS/BUSD CHESS/BNB CHESS/BTC)
• SSV Network (SSV/ETH SSV/BTC)
• Lazio Fan Token (LAZIO/USDT LAZIO/BTC LAZIO/EUR LAZIO/TRY)

New Listings on Kraken:

• Bionic (BNC/USD BNC/EUR)

New Listings on CoinbasePro:

• Assemble Protocol (ASM/USD ASM/USDT)

New Listings on KuCoin:

• Aavegotchi (GHST/BTC GHST/USD)
• Perpetual Protocol (PERP/BTC PERP/USDT)
• JasmyCoin (JASMY/USDT)
• zkTube Protocol (ZKT/USDT)
• Vega Protocol (VEGA/ETH VEGA/ETH)
• NFTb (NFTB/USDT)

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!

HOGE, (formerly Hoge.Finance or Hogecoin) is a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply. HOGE was launched on February 7, 2021, with no tokens assigned to the team.

HOGE was created to be a deflationary “Doge but DeFi.” But the group of HOGE founders with a bigger vision guided the initiative into a more altruistic and utilitarian path.

HOGE is one of the first DeFi meme coins to pass a Certik audit with flying colors.

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VeChain (VET) is a blockchain-based supply chain platform launched in 2016. VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem that solves some of the most critical concerns in supply chain management. Efficiency, traceability, transparency of supply chains as well as lowering costs are in focus.

The platform uses two in-house tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain.

Recent announcements:

• This factor could be key to the likes of VeChain hiking by 15% soon
• ‘Massive upgrade’ on VeChainThor to bring in secure, use-case-adaptive approach

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We have prepared top-performing coins as of October 28th!

Dogecoin has managed to become the best performing asset among TOP-100, gaining 39.93% within the last 24 hours.

1inch Network was the worst-performing asset among TOP-100 (again), losing 37.00% 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

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!