Crypto Pulse Issue # 6 - The Markets Rally. Friday, July 29, 2022 | Powered by GenShards.
29 Jul 2022, 13:46
📈 Crypto Pulse Issue # 6 - The Markets Rally 📈
Friday, July 29, 2022 | Powered by GenShards
👉 Read the issue | 🐧 Tweet thread | 👇 Summary below
⛰Macro Landscape
📌 Crypto markets have rallied in spite of an interest rate hike by the Fed on Wednesday - why could this be? (source)
📌 The IMF has played down the impact of the crypto market crash on global financial stability but warned of more gloom and uncertainty ahead (source)
📌 Amid an economic collapse, Nigerians are rushing to buy Bitcoin and stablecoins, as per report (source)
📈 Markets and Ecosystem
📌 Ethereum hits an all-time-high for number of daily active addresses, surpassing prior high by 50% (source)
📌 Cathie Wood, one of the most popular investors globally, has sold off Coinbase Stock. Is it a classic case of “buy high sell low”? (source)
📌 After hitting some key milestones in the first half of 2022, Polygon has laid out its plans for second half of the year (source)
🀄️ NFTs and Metaverse
📌 Mark Zuckerberg remains unfazed despite a $2.8B quarterly loss for the Metaverse division (source)
📌 NFT tooling company Center raised $11 million in a seed funding round, as per a company announcement on Thursday (source)
📌 The Queen of Pop Madonna has her eyes on a particular BAYC NFT worth $1.3M (source)
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