Market Update (Week 49, 6/12/2021 – 12/12/2021)

Price index recovers, volatility & volume indices fall. Vitalik Buterin reveals endgame for ETH 2.0.

Dec 13, 2021

Key Takeaways


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Notable events

The gaming company Ubisoft is launching Ubisoft Quartz, a platform where users can acquire unique NFTs called Digits, which can be used in-game and the platform will utilise Tezos (XTZ) blockchain. (ref)

EOS founder Daniel Larimer proposed reshaping and restructuring the EOS brand. This might reformulate a new vision and new goals to encourage community members to participate and promote community growth. (ref)

Parallel Finance announced winning Polkadot’s (DOT) fourth parachain slot, with contributions totaling 10.75 million DOT–equating to roughly $300 million. (ref)

Notable events

NFTmall announces the integration of Chainlink (LINK) Verifiable Random Function (VRF) into the NFTmall ecosystem on Ethereum, Binance Smart Chain (BSC) and Avalanche mainnets. (ref)

Coinbase now offers access to DeFi yields with Dai and Compound (COMP). More assets and other DeFi protocols will follow, Coinbase said in a blog post. (ref)

Notable events

According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The platform, built on top of the Wax (WAXP) blockchain, allows users to purchase and sell fractions of collectible trading cards. (ref)

Tesla CEO and billionaire Elon Musk has once again ‘endorsed’ Dogecoin (DOGE), saying that DOGE can be used to make Decentralised Finance (DeFi) more accessible to everyone. (ref)

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Ethereum / Dogecoin / Dapp / Tokens