Last week’s crypto market prices were up +6.22%. Volume dropped by -4.02% and volatility increased by +86.51%.
Weekly Performance
Bitcoin (BTC) was up +1.7% while Ethereum (ETH) dropped -0.9% in the past seven days. Other selected top-cap tokens were mixed.
Within selected key categories, Artificial Intelligence (AI) was the best performer in the past seven days.
News Highlights
Crypto.comcollaborates with Samsung for the most recent Crypto.com App update, to feature an optimised experience for Samsung Galaxy Z Fold devices, including enhanced trading and analysis capabilities.
Cronos Labs announced it will leverage AWS Activate, an Amazon Web Services, Inc (AWS) program designed to help startups and early-stage entrepreneurs to succeed in the cloud, to support the Web3 startups scale and grow through the Cronos Accelerator Program.
Romania’s National Institute for Research and Development in Informatics aims to launch a non-fungible token (NFT) trading platform, allowing public and institutional users to mint, manage and trade NFTs.
Monthly Research Roundup (March 2023): In this issue, we feature trending market insights, our latest Crypto.com Visa Card Consumer Spending Insights for 2022, and our research reports on liquid staking derivatives.
Liquid Staking Derivatives: Money Legos in DeFi: Liquid staking is now the second largest sector in crypto after DEXes, replacing DeFi lending. Today the liquid staking narrative remains strong in anticipation of Ethereum’s Shanghai upgrade, and this report explores its current landscape.
Alpha Navigator: Quest for Alpha [March 2023]: Bitcoin shines amid banking sector turmoil. Market expects a pause in rate hikes, potentially setting up new tailwind for risk assets.
Overview of Decentralised Derivatives: Crypto derivatives dominate the market today, representing about 70% of the entire crypto market. In this report, we shed light on derivatives in DeFi, their market overview, and some innovations in the space.
Catalyst Calendar
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Author
Research and Insights Team
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Crypto.com and Samsung enhance Crypto.com App for Galaxy Z Fold. Cronos Labs collaborates with AWS to support Web3 startups. Franklin Templeton launches money market fund on Polygon.
