Top 15 crypto or blockchain-related news in the last 7 days
Top 15 Crypto and Blockchain News in the Last 7 Days
Trending Cryptocurrencies and Market Movements
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Top Trending Cryptos: The top five trending cryptocurrencies are ANDY, MEOW, Virtuals Protocols, Hey Anon, and aixbt by Virtuals. Notably, Hey Anon surged by 260.1% over the past week (Coinpedia).
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Market Decline: The overall cryptocurrency market cap fell by 5.86%. Bitcoin and Ethereum, the largest cryptocurrencies, dropped by 8.21% and 13.32%, respectively. None of the top ten cryptocurrencies showed a bullish trend (Coinpedia).
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Category Performance: Various crypto categories experienced declines: currency (-3.65%), chain (-9.37%), meme coins (-15.8%), DeFi (-14.1%), and blockchain infrastructure (-13%). However, stablecoins grew by 0.31%, and CeFi increased by 1.98% (Coinpedia).
Blockchain Developments and Innovations
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Aptos and Chainlink Integration: Aptos has integrated with Chainlink to provide off-chain access, enhancing its blockchain capabilities (Crypto News).
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Solayer Labs' InfiniSVM Blockchain: Solayer Labs announced its InfiniSVM blockchain as part of its 2025 roadmap, indicating future growth and innovation (Crypto News).
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The Graph's Geo Genesis App: The Graph launched a new web3 knowledge app called Geo Genesis, aiming to expand its influence in the blockchain space (Crypto News).
Corporate and Financial Moves
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Revolut Joins Pyth Network: Digital banking giant Revolut has joined the Pyth Network, marking a significant move in the blockchain financial sector (Crypto News).
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Movement Labs Funding Round: Movement Labs is eyeing a $100 million funding round at a $3 billion valuation, showcasing investor confidence in blockchain ventures (Crypto News).
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Offchain Labs' New VC Arm: Offchain Labs has appointed an ex-Nasdaq executive to lead its new venture capital arm, signaling strategic growth in blockchain investments (Crypto News).
Regulatory and Market Dynamics
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USDT and EU’s MiCA Rules: Concerns are rising about USDT losing ground due to the EU’s MiCA rules, with USDC and RLUSD gaining traction (Crypto News).
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FTX Settlement Watch: FTX victims are closely monitoring anticipated settlements, which could impact market volatility, especially for ecosystem-specific tokens (BeInCrypto).
Social and Cultural Shifts
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Wemade's Blockchain Focus: South Korean gaming giant Wemade plans to double down on blockchain-based social communities, reflecting a shift towards decentralized platforms (Crypto News).
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Gender Imbalance in Web3: Discussions continue around the gender imbalance in the web3 tech space, highlighting ongoing challenges in achieving diversity (Crypto News).
Market Analysis and Predictions
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OM Targets $10: Analysts predict a major upside for MANTRA Chain, with OM targeting a $10 price point, indicating potential growth in this blockchain project (Crypto News).
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Ethereum Price Fluctuations: Ethereum experienced significant price changes, peaking at $3,743.68 before dropping to $3,159.43, and then slightly rebounding to $3,244.47 (Coinpedia).
These highlights capture the dynamic and rapidly evolving nature of the crypto and blockchain sectors over the past week. Stay informed to navigate this exciting landscape effectively.