The Latest Breaking News 📣
- The Federal Reserve announced a 75 basis points rate hike
- FTX wants to raise up to $1 billion at its $32 billion valuation
- Jesse Powell to step down as CEO of crypto exchange Kraken
- Bank Nomura to launch crypto-focused venture capital arm
- Bill Qian, former Head of Binance Labs, joined TON Foundation
👉 https://cryptorank.io/news
- The Federal Reserve announced a 75 basis points rate hike
- FTX wants to raise up to $1 billion at its $32 billion valuation
- Jesse Powell to step down as CEO of crypto exchange Kraken
- Bank Nomura to launch crypto-focused venture capital arm
- Bill Qian, former Head of Binance Labs, joined TON Foundation
👉 https://cryptorank.io/news
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Ethereum’s Daily Issuance Drops by Nearly 95% Since Merge
Since Ethereum's switch to Proof of Stake, its daily issuance has significantly decreased, as well as its inflation rate. While previously Ethereum miners were generating approximately 4.9M ETH per year, and the supply growth was near +3.75%, it now sits around 600K ETH per year with a 0.15% supply growth. Worth noting is that the daily issuance of many Ethereum-based projects has also decreased since the Merge. Currently, ETH is still an inflationary coin, however, it is projected to become deflationary soon, when daily burned amounts will exceed supply growth.
👉https://cryptorank.io/price/ethereum
Since Ethereum's switch to Proof of Stake, its daily issuance has significantly decreased, as well as its inflation rate. While previously Ethereum miners were generating approximately 4.9M ETH per year, and the supply growth was near +3.75%, it now sits around 600K ETH per year with a 0.15% supply growth. Worth noting is that the daily issuance of many Ethereum-based projects has also decreased since the Merge. Currently, ETH is still an inflationary coin, however, it is projected to become deflationary soon, when daily burned amounts will exceed supply growth.
👉https://cryptorank.io/price/ethereum
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Blockchain Economy Dubai Summit
The world's largest blockchain conference network, Blockchain Economy Summit, will take place on 4-5th of October in Dubai. There are expected to be over 3,000 attendees with speakers covering the latest topics and blockchain developments.
👉https://news.cryptorank.io/the-worlds-flagship-blockchain-event-is-around-the-corner/
The world's largest blockchain conference network, Blockchain Economy Summit, will take place on 4-5th of October in Dubai. There are expected to be over 3,000 attendees with speakers covering the latest topics and blockchain developments.
👉https://news.cryptorank.io/the-worlds-flagship-blockchain-event-is-around-the-corner/
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Bitcoin Performance vs. Fed Rate Decisions
The Federal Reserve has a great impact on global financial markets. During yesterday's Federal Open Market Committee Meeting, the third consecutive rate hike of 75 basis points was announced. While some analysts expected an even higher increase (100 bps), this event badly affected financial markets. Bitcoin was no exception as it heavily correlates with TradFi markets. In the first minutes after the announcement, BTC fell by 4.7%. While predicting the market's moves after such announcements is hard, looking at the impact of previous events might help to better understand its behaviour.
👉 https://cryptorank.io/price/bitcoin
The Federal Reserve has a great impact on global financial markets. During yesterday's Federal Open Market Committee Meeting, the third consecutive rate hike of 75 basis points was announced. While some analysts expected an even higher increase (100 bps), this event badly affected financial markets. Bitcoin was no exception as it heavily correlates with TradFi markets. In the first minutes after the announcement, BTC fell by 4.7%. While predicting the market's moves after such announcements is hard, looking at the impact of previous events might help to better understand its behaviour.
👉 https://cryptorank.io/price/bitcoin
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Alameda Research Launches Pool on Clearpool
Clearpool has announced that Alameda Research, a leading trading firm, has launched a permissioned borrower pool on its platform. The collaboration will see Clearpool solve multiple problems for Alameda Research by having all processes on-chain.
👉https://medium.com/clearpool-finance/alameda-research-launches-borrower-pool-on-clearpool-4ee479cf154e
Clearpool has announced that Alameda Research, a leading trading firm, has launched a permissioned borrower pool on its platform. The collaboration will see Clearpool solve multiple problems for Alameda Research by having all processes on-chain.
👉https://medium.com/clearpool-finance/alameda-research-launches-borrower-pool-on-clearpool-4ee479cf154e
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Top 10 DEXs by Active User Growth in the Last 7 Days
CoW Swap leads, followed by Synthetix, ApolloX and Uniswap V3.
👉https://cryptorank.io/tags/dex
CoW Swap leads, followed by Synthetix, ApolloX and Uniswap V3.
👉https://cryptorank.io/tags/dex
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📈Market Overview
After a significant drop on September 21 due to the Fed rate hike, Bitcoin (as well as a broader market) managed to recover and rise above $19,000. Bitcoin is currently trading around $19,291, which represents a +2.70% increase over the past 24 hours.
The Top-10 cryptocurrencies are traded in green zone: XRPL +28.9%, Dogecoin +6.6%, Cardano +5.6%.
Market capitalization: $999B (+3.7%)
The BTC dominance: 37.08% (-0.73%)
Fear & Greed Index: 20 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Everdome (DOME) +40.7%
Reserve Rights (RSR) +36.6%
Sandclock (QUARTZ) +34.8%
👉 Top Losers
Wabi (WABI) -20%
OAX (OAX) -13.5%
QLC Chain (QLC) -13.2%
BTC Futures
Aggregated Volume — $38.6B
Aggregated Open Interest — $11.5B
👉 Derivatives Market Analytics
After a significant drop on September 21 due to the Fed rate hike, Bitcoin (as well as a broader market) managed to recover and rise above $19,000. Bitcoin is currently trading around $19,291, which represents a +2.70% increase over the past 24 hours.
The Top-10 cryptocurrencies are traded in green zone: XRPL +28.9%, Dogecoin +6.6%, Cardano +5.6%.
Market capitalization: $999B (+3.7%)
The BTC dominance: 37.08% (-0.73%)
Fear & Greed Index: 20 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Everdome (DOME) +40.7%
Reserve Rights (RSR) +36.6%
Sandclock (QUARTZ) +34.8%
👉 Top Losers
Wabi (WABI) -20%
OAX (OAX) -13.5%
QLC Chain (QLC) -13.2%
BTC Futures
Aggregated Volume — $38.6B
Aggregated Open Interest — $11.5B
👉 Derivatives Market Analytics
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The Latest Breaking News 📣
- Cardano successfully deploys Vasil upgrade
- Helium announces migration to Solana following community vote
- Opera crypto browser announces plans to integrate Elrond
- Crypto-mining data center Compute North files for bankruptcy
- Automated crypto trading startup 3Commas raises $37 million
👉 https://cryptorank.io/news
- Cardano successfully deploys Vasil upgrade
- Helium announces migration to Solana following community vote
- Opera crypto browser announces plans to integrate Elrond
- Crypto-mining data center Compute North files for bankruptcy
- Automated crypto trading startup 3Commas raises $37 million
👉 https://cryptorank.io/news
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Top 15 Play To Earn Projects By Active Users
Gameta leads with more than 1.56M active users in the last 30 days and +2,579% increase due to the launch on BNB Chain. It is followed by Alien Worlds, Solitaire Blitz, and Trickshot Blitz. Worth noting, that BNB Chain is one of the fastest growing blockchains in terms of the number of GameFi projects.
👉 https://cryptorank.io/tags/play-to-earn
Gameta leads with more than 1.56M active users in the last 30 days and +2,579% increase due to the launch on BNB Chain. It is followed by Alien Worlds, Solitaire Blitz, and Trickshot Blitz. Worth noting, that BNB Chain is one of the fastest growing blockchains in terms of the number of GameFi projects.
👉 https://cryptorank.io/tags/play-to-earn
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Bitcoin 1 Year Active Supply Drops to 2016 Levels
The number of active Bitcoin has been steadily decreasing since February 2012 for several reasons. The first of which is that Bitcoin is now regarded more as an investment instrument, rather than as a means of payment. While current supply continues to growth, the percent of active supply is rapidly declining and is only reaching 34.1% of current supply.
👉https://cryptorank.io/price/bitcoin
The number of active Bitcoin has been steadily decreasing since February 2012 for several reasons. The first of which is that Bitcoin is now regarded more as an investment instrument, rather than as a means of payment. While current supply continues to growth, the percent of active supply is rapidly declining and is only reaching 34.1% of current supply.
👉https://cryptorank.io/price/bitcoin
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📈Market Overview
Bitcoin and Ethereum both traded lower on Friday following Thursday’s mild increase. Both digital assets continue to trade sideways, as they lack a substantive catalyst to push prices higher. Bitcoin’s price fell 1.54% on moderate volume over the past 24 hours, trading around $19,084.
The Top-10 cryptocurrencies are traded in different directions: Dogecoin +5.43%, Solana +2.42%, XRPL -6.76%.
Market capitalization: $991B (1.41%)
The BTC dominance: 36.96% (-0.09%)
Fear & Greed Index: 24 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Neblio (NEBL) +28%
OAX (OAX) +16.5%
MXC (MXC) +16.2%
👉 Top Losers
Everdome (DOME) -20.4%
UNUS SED LEO (LEO) -14%
Terra Classic (LUNC) -8.98%
BTC Futures
Aggregated Volume — $46B
Aggregated Open Interest — $11.3B
👉 Derivatives Market Analytics
Bitcoin and Ethereum both traded lower on Friday following Thursday’s mild increase. Both digital assets continue to trade sideways, as they lack a substantive catalyst to push prices higher. Bitcoin’s price fell 1.54% on moderate volume over the past 24 hours, trading around $19,084.
The Top-10 cryptocurrencies are traded in different directions: Dogecoin +5.43%, Solana +2.42%, XRPL -6.76%.
Market capitalization: $991B (1.41%)
The BTC dominance: 36.96% (-0.09%)
Fear & Greed Index: 24 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Neblio (NEBL) +28%
OAX (OAX) +16.5%
MXC (MXC) +16.2%
👉 Top Losers
Everdome (DOME) -20.4%
UNUS SED LEO (LEO) -14%
Terra Classic (LUNC) -8.98%
BTC Futures
Aggregated Volume — $46B
Aggregated Open Interest — $11.3B
👉 Derivatives Market Analytics
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Top 10 Recently Added on CryptoRank in the Last 7 Days by 24H Trade Volume 🚀
Muse ENT NFT leads, followed by NvirWorld, Meetin Token, and hiDOODLES.
👉https://cryptorank.io/trending
Muse ENT NFT leads, followed by NvirWorld, Meetin Token, and hiDOODLES.
👉https://cryptorank.io/trending
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📈Market Overview
The crypto market has not shown significant movements over the past day. Bitcoin’s price increased by 0.28% on low volume, currently trading around $19,084.
The Top-10 cryptocurrencies are traded in different directions: Solana +0.4%, BNB -1.53%, Dogecoin -3.49%.
Market capitalization: $988B (-0.2%)
The BTC dominance: 37.04% (+0.6%)
Fear & Greed Index: 24 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Euler (EUL) +27.9%
Voyager Token (VGX) +18.6%
Reef (REEF) +15.1%
👉 Top Losers
Wing Finance (WING) -10.2%
Terra Classic (LUNC) -8.62%
Phoenix Global (PHB) -8.22%
BTC Futures
Aggregated Volume — $18.4B
Aggregated Open Interest — $11.4B
👉 Derivatives Market Analytics
The crypto market has not shown significant movements over the past day. Bitcoin’s price increased by 0.28% on low volume, currently trading around $19,084.
The Top-10 cryptocurrencies are traded in different directions: Solana +0.4%, BNB -1.53%, Dogecoin -3.49%.
Market capitalization: $988B (-0.2%)
The BTC dominance: 37.04% (+0.6%)
Fear & Greed Index: 24 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Euler (EUL) +27.9%
Voyager Token (VGX) +18.6%
Reef (REEF) +15.1%
👉 Top Losers
Wing Finance (WING) -10.2%
Terra Classic (LUNC) -8.62%
Phoenix Global (PHB) -8.22%
BTC Futures
Aggregated Volume — $18.4B
Aggregated Open Interest — $11.4B
👉 Derivatives Market Analytics
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Top 10 Gainers Of The Week 📈
$CPOOL +38.4%
$BZZ +37.1%
$RSR +29.9%
$XRP +26.2%
$ALGO +24.0%
$DOME +22.7%
$NEBL +22.5%
$XDC +21.8%
$XCN +19.3%
$AMPL +18.8%
👉 https://cryptorank.io/performance
$CPOOL +38.4%
$BZZ +37.1%
$RSR +29.9%
$XRP +26.2%
$ALGO +24.0%
$DOME +22.7%
$NEBL +22.5%
$XDC +21.8%
$XCN +19.3%
$AMPL +18.8%
👉 https://cryptorank.io/performance
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📈Market Overview
Bitcoin had one of its lowest weekly close since 2020 on September 25 as a week of macro turmoil took its toll. Still, Bitcoin offered traders little optimism amid fears that the coming days would continue the bleedout across risk assets. Bitcoin is currently trading around $18,700, which represents a -1.75% decrease over the past 24 hours.
The Top-10 cryptocurrencies are traded in red zone: Solana -5.23%, Dogecoin -4.8%, XRPL -4.58%.
Market capitalization: $963B (-2.52%)
The BTC dominance: 37.21% (+0.84%)
Fear & Greed Index: 21 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Cyclub (CYCLUB) +20.4%
UniLend (UFT) +20%
Swarm (BZZ) +19.4%
👉 Top Losers
Terra Classic (LUNC) -19.5%
Terra (LUNA) -16%
Euler (EUL) -16%
BTC Futures
Aggregated Volume — $27.1B
Aggregated Open Interest — $11.6B
👉 Derivatives Market Analytics
Bitcoin had one of its lowest weekly close since 2020 on September 25 as a week of macro turmoil took its toll. Still, Bitcoin offered traders little optimism amid fears that the coming days would continue the bleedout across risk assets. Bitcoin is currently trading around $18,700, which represents a -1.75% decrease over the past 24 hours.
The Top-10 cryptocurrencies are traded in red zone: Solana -5.23%, Dogecoin -4.8%, XRPL -4.58%.
Market capitalization: $963B (-2.52%)
The BTC dominance: 37.21% (+0.84%)
Fear & Greed Index: 21 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Cyclub (CYCLUB) +20.4%
UniLend (UFT) +20%
Swarm (BZZ) +19.4%
👉 Top Losers
Terra Classic (LUNC) -19.5%
Terra (LUNA) -16%
Euler (EUL) -16%
BTC Futures
Aggregated Volume — $27.1B
Aggregated Open Interest — $11.6B
👉 Derivatives Market Analytics
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Crypto News Weekly Recap #118 📣
- Tether USDT tokens now live on the Polkadot network
- Apple will allow apps selling NFTs on its App Store
- Wintermute's DeFi operations were hacked for about $160M
- Nasdaq is preparing to launch an institutional crypto custody service
- FTX wants to raise up to $1 billion at its $32 billion valuation
- Coinsquare acquires publicly traded crypto exchange CoinSmart
- Cardano successfully deploys Vasil upgrade
- Helium announces migration to Solana following community vote
- Tether USDT tokens now live on the Polkadot network
- Apple will allow apps selling NFTs on its App Store
- Wintermute's DeFi operations were hacked for about $160M
- Nasdaq is preparing to launch an institutional crypto custody service
- FTX wants to raise up to $1 billion at its $32 billion valuation
- Coinsquare acquires publicly traded crypto exchange CoinSmart
- Cardano successfully deploys Vasil upgrade
- Helium announces migration to Solana following community vote
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DeFi Total Value Locked Overview
The total value locked (TVL) in all DeFi protocols combined reached $96.3B in September 2022. DeFi TVL decreased by 10% in the last 30 days: $106B —> $96.3B.
👉https://cryptorank.io/category/defi
The total value locked (TVL) in all DeFi protocols combined reached $96.3B in September 2022. DeFi TVL decreased by 10% in the last 30 days: $106B —> $96.3B.
👉https://cryptorank.io/category/defi
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Top 10 Projects by Price to Earnings Ratio
X2Y2 leads with the lowest P/E, followed by LooksRare, Cap, and GMX.
P/E ratio is Fully Diluted Market Cap divided by Annualized Protocol Revenue. This fundamental indicator shows how project is valued in relation to its protocol revenue.
👉https://cryptorank.io/performance
X2Y2 leads with the lowest P/E, followed by LooksRare, Cap, and GMX.
P/E ratio is Fully Diluted Market Cap divided by Annualized Protocol Revenue. This fundamental indicator shows how project is valued in relation to its protocol revenue.
👉https://cryptorank.io/performance
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