Key Takeaways
- Bitcoin (BTC) continued to plunge overnight—briefly dropping below USD 35,000 to a low of $34,420—before beginning a slow rebound on Saturday morning.
- Google is forming a new blockchain unit and has hired a PayPal veteran to head up crypto payments push, as part of a broader strategy to link up with a larger array of financial services including cryptocurrencies. Following the news, the price of Bitcoin (BTC) spiked to a high of $42,478 (from a 24-hour low of $41,254) on Thursday.
- Crypto.com released its ‘Crypto Market Sizing’ report finding that the global crypto population rose 178% in 2021, with crypto users totalling almost 300 million. The report expects the number of crypto users to exceed 1 billion by the end of 2022.
- The general price and volume indices were negative at -22.16% and -4.83%, respectively, while the volatility index was positive at +212.92%.
Highlights
- Australian football league secures $25M deal with Crypto.com
- Crypto stock plunge could pump the brakes on IPO and deal market
- NYC mayor Eric Adams receives his first paycheck in BTC and ETH
- Crypto market reclaims $2 trillion capitalisation as $50B inflows the sector
- El Salvador purchases more BTC worth $15M on market dip
- U.S. SEC rejects MicroStrategy’s Bitcoin accounting practices
- Malaysia’s central bank actively assessing CBDC options
- Russia’s central bank calls for a blanket crypto ban
- Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report
- New Fed paper hints that a U.S. CBDC could compete with ‘private digital money’
- Twitter begins rolling out access to NFT profile pictures
- Philippines-based UnionBank will use crypto safekeeping technology from IBM
- Andreessen Horowitz aims to raise $4.5B to invest in crypto funds
Check the latest prices on Crypto.com/Price.
Market Index Tokens
| Metrics | Price | Volume | Volatility |
|---|---|---|---|
| Top Gainers | – | ADA (+109.85%) EOS (+28.64%) ETH (+17.70%) | BTC (+290.68%) ATOM (+192.42%) EOS (+159.00%) |
| Top Losers | LINK (-39.75%) DOT (-35.43%) XMR (-30.68%) | LINK (-37.56%) BTC (-20.46%) XLM (-3.71%) | – |
| Benchmark | BTC (-18.71%) | BTC (-20.46%) | BTC (+290.68%) |
| Metrics | Top Gainers |
|---|---|
| Price | – |
| Volume | ADA (+109.85%) EOS (+28.64%) ETH (+17.70%) |
| Volatility | BTC (+290.68%) ATOM (+192.42%) EOS (+159.00%) |
| Metrics | Top Losers |
| Price | LINK (-39.75%) DOT (-35.43%) XMR (-30.68%) |
| Volume | LINK (-37.56%) BTC (-20.46%) XLM (-3.71%) |
| Volatility | – |
| Metrics | Benchmark |
| Price | BTC (-18.71%) |
| Volume | BTC (-20.46%) |
| Volatility | BTC (+290.68%) |
DeFi Tokens
| Metrics | Price | Volume | Volatility |
|---|---|---|---|
| Top Gainers | – | MKR (+76.30%) NXM (+57.81%) LRC (+38.68%) | UMA (+216.69%) BAL (+186.95%) REN (+180.71%) |
| Top Losers | CRV (-42.58%) LRC (-41.12%) LINK (-39.57%) | LINK (-37.56%) CRV (-22.93%) BAL (-1.30%) | – |
| Benchmark | LINK (-39.57%) | LINK (-37.56%) | LINK (+143.02%) |
| Metrics | Top Gainers |
|---|---|
| Price | – |
| Volume | MKR (+76.30%) NXM (+57.81%) LRC (+38.68%) |
| Volatility | UMA (+216.69%) BAL (+186.95%) REN (+180.71%) |
| Metrics | Top Losers |
| Price | CRV (-42.58%) LRC (-41.12%) LINK (-39.57%) |
| Volume | LINK (-37.56%) CRV (-22.93%) BAL (-1.30%) |
| Volatility | – |
| Metrics | Benchmark |
| Price | LINK (-39.57%) |
| Volume | LINK (-37.56%) |
| Volatility | LINK (+143.02%) |
Other Tokens
| Price Change (%) | NFT | Gaming | Meme |
|---|---|---|---|
| Top Gainers | – | – | PEPECASH (+0.0%) |
| Top Losers | OGN (-41.84%) ENJ (-38.71%) THETA (-37.42%) | YGG (-45.63%) ALICE (-41.63%) ATLAS (-39.57%) | SHIB (-27.61%) HOGE (-23.49%) DOGE (-21.27%) |
| Price Change (%) | Top Gainers |
|---|---|
| NFT | – |
| Gaming | – |
| Meme | PEPECASH (+0.0%) |
| Price Change (%) | Top Losers |
| NFT | OGN (-41.84%) ENJ (-38.71%) THETA (-37.42%) |
| Gaming | YGG (-45.63%) ALICE (-41.63%) ATLAS (-39.57%) |
| Meme | SHIB (-27.61%) HOGE (-23.49%) DOGE (-21.27%) |
*Gaming tokens: AXS, MANA, SAND, ALICE, YGG, MBOX, ILV, ATLAS, POLIS, DAWN
*Meme tokens: DOGE, SHIB, MONA, HOGE, PEPECASH
