Crypto Market Pulse (18/09/2023)

Crypto.com kicks off its inaugural APAC Hackathon. Ethereum launched its new testnet Holesky. Franklin Templeton joins the race for a spot BTC ETF.

Sep 18, 2023
Crypto.com Market Pulse

Weekly Market Index

Last week’s crypto market prices increased slightly by +2.31%. Volume and volatility also rose by +25.01% and +281.93%, respectively.

Crypto.com Weekly Market Index

Chart of the Week

Popular messaging app Telegram has endorsed the TON network as its blockchain of choice for Web3 infrastructure, and will integrate it into the app’s user interface. TON network uses Proof-of-Stake (PoS) consensus model and supports sharding. Toncoin (TON), the blockchain’s native token, has surged in the last two months, while total-value-locked (TVL) has also risen.

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Weekly Performance

Bitcoin (BTC) and Ethereum (ETH) prices were up slightly at +3.0% and +0.5%, respectively, in the past seven days. Price action for other selected top-cap tokens was mixed. Toncoin (TON) was a notable outperformer, rising +34.9%.

Crypto.com Selected Top Cap Tokens
Recent Research Reports

Selected key categories were mixed on market cap change in the past seven days, with Real World Assets continuing to lead.

Crypto.com Selected Categories Market Cap Change

News Highlights


Recent Research Reports

  • Research Roundup Newsletter [August 2023]: We present to you our latest issue of Research Roundup, featuring trending market insights in August, charts of the month, and our latest research on decentralised stablecoins.
  • Alpha Navigator: Quest for Alpha [August 2023]: Asset classes dipped in August; BTC and ETH underperformed. No surprises from the central bankers summit at Jackson Hole. China intensifies economic stimulus.
  • Decentralised Stablecoins: Stablecoins are well positioned to facilitate broader adoption of cryptocurrencies. We explore the key decentralised stablecoin projects and their innovative mechanisms.

Recent University Articles



Catalyst Calendar

Crypto.com Blockchain Launch and Upgrades
Crypto.com Macroeconomic Events

Author

Research and Insights Team

Disclaimer:

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