Market

Tesla sold 75% of its bitcoins but continued to hold Dogecoin. Meanwhile, Ethereum tentatively approved a PoS transition date and CoinShares launched staked Algorand ETP. Read the Weekly recap to find out more about the main events of the crypto market that happened between 14th and 21st July 2022.

EXMO quarterly crypto market overview is an analytical report with up-to-date information about cryptocurrencies.

Crypto hedge fund, Three Arrows Capital, plunges into liquidation due to debt, OTC platform Genesis Global Trading faces hundreds of millions in potential losses, while almost $4 billion bitcoin miner loans are at risk of default. Meanwhile, Goldman Sachs plans to buy Celsius Network in the event of a bankruptcy filing. Read the Weekly recap to find out more about the main events of the crypto market that happened between 23rd and 30th June 2022.

During the week, the Celsius Network landing platform and Three Arrows Capital hedge fund faced repeated problems. Broker, Voyager Digital, and credit company, Babel Finance, joined them. Meanwhile, miners are selling off their BTC holdings due to the decrease in mining profitability, Cardano developers have postponed the Vasil hard fork to late July, and Elon Musk continues to support Dogecoin. Read the Weekly recap to find out more about the main events of the crypto market that happened between 17th and 23rd June 2022.

The crypto market kept falling over the week amid the highest US inflation rate witnessed in the last 40 years and Fed’s biggest interest rate rise. Meanwhile, “extreme market conditions” caused problems for the lending company, Celsius, and hedge fund, Three Arrows Capital, as well as for MicroStrategy, which was on the verge of a margin call. Read the Weekly recap to find out more about the main events of the crypto market that happened between 11th and 17th June 2022.

The Ethereum testnet successfully moved to PoS, Tether launched USDT on Tezos, while Grayscale increased its allocation towards Cardano amid the upcoming network hardfork. Meanwhile, the DOGE team is set to roll out its update this summer and Chainlink plans to launch LINK staking. Read the Weekly recap to find out more about the main events of the crypto market that happened between 03rd and 10th June 2022.

Bitcoin’s correlation with the stock market has weakened, miners are losing money, while Soros Fund is confident that ETH will overtake BTC in terms of popularity. Meanwhile, majors on CME are building up long positions in bitcoin futures and Fidelity plans to offer Ethereum trading and custody. Read the Weekly recap to find out more about the main events of the crypto market that happened between 27th May and 02nd June.

Exactly one year ago, we launched our Weekly recap section. Today we release the 46th weekly overview of the most important crypto market trends and changes that happened between 19th and 26th May.

G7 countries are set to discuss global crypto regulations this week. Tether’s total circulating supply has decreased by $9 billion over the past week, while the Litecoin network is ready to activate its MimbleWimble upgrade. Read the Weekly recap to find out more about the main events of the crypto market that happened between 13th and 19th May 2022.

US inflation is higher than expected at 8.3%, FRS raised the base rate to 0.75-1% per annum, while the EU and the US are set to tighten stablecoin regulation. Meanwhile, the stablecoins themselves are starting to lose their dollar peg and Instagram is about to support NFTs from Ethereum, Polygon, Solana and Flow. Read the Weekly recap to find out more about the main events of the crypto market that happened between 06th and 12th May 2022.

First Bitcoin and Ethereum ETFs to debut in Australia, FATF to tighten supervision of AML compliance and NEAR Protocol to launch its native stablecoin USN this month. Meanwhile, the IMF is pushing for DeFi regulation and the correlation between Bitcoin and traditional markets is at its highest. Read the Weekly recap to find out more about the main events of the crypto market that happened between 15th and 21th April 2022.

EXMO’s quarterly crypto market overview is an analytical report with up-to-date information about cryptocurrencies.

US inflation hits the highest level in 40 years, Honduran special economic zone adopts crypto as legal tender, while the first shadow fork launches on Ethereum mainnet. Meanwhile, Tesla and Block are planning to mine bitcoin using solar power. Read the Weekly recap to find out more about the main events of the crypto market that happened between 08th and 14th April 2022.

The Shiba Inu metaverse plans to sell plots of virtual land, CME Group launches micro-sized Bitcoin and Ether options, while Lionel Messi becomes the global brand ambassador of the digital fan token company, Socios.com. Meanwhile, Solana funds witness a record-breaking amount of weekly inflows. Read the Weekly recap to find out more about the main events of the crypto market that happened between 25th and 31st March 2022.

Tether issued an additional 1 billion USDT, Honduras and Malaysia could make bitcoin legal tender and Grayscale launched a fund based on the Ethereum Competitors Index. Meanwhile, ETH’s price rise is fueled by Buterin’s popularity, but the second-largest cryptocurrency keeps seeing outflows for the second consecutive week, along with other digital assets. Read the Weekly recap to find out more about the main events of the crypto market that happened between 18th and 24th March 2022.

Ukraine legalised virtual assets, the European Parliament supported the bill on the regulation of cryptocurrencies and the “Merge” was successfully completed on Ethereum’s testnet. Meanwhile, digital assets recorded outflows for the first time in seven weeks. Read the Weekly recap to find out more about the main events of the crypto market that happened between 11th and 17th March 2022.

EU clarifies crypto is covered in sanctions against Russia. Meanwhile, whales continue to accumulate ETH, institutional investors increase their crypto holdings by over three times and BTC mining difficulty drops for the first time since November 2021. Read the Weekly recap to find out more about the main events of the crypto market that happened between 05th and 11th March 2022.

Russian missile strikes keep pounding Ukraine, while countries around the world are imposing fresh sanctions on Russia. Meanwhile, the EU has refused to ban the mining of cryptocurrencies based on PoW and Ethereum is launching the final merge testnet before switching to PoS. Read the Weekly recap to find out more about the main events of the crypto market that happened between 24th February and 4th March 2022.

Ethereum is breaking records in terms of the number of profitable addresses, whales are increasing their holdings in XRP and the looming conflict in Eastern Europe is dominating crypto discussions. Meanwhile, Tesla is starting to accept Dogecoin as payment at its charging stations. Read the Weekly recap to find out more about the main events of the crypto market that happened between 17th and 23rd February 2022.

Valour Polkadot and Cardano ETPs debuted on the Frankfurt Stock Exchange, whales increased investments in bitcoin by almost $10 billion in a month and a half, while Bitcoin and Ethereum network hash rates hit new all-time highs. Read the Weekly recap to find out more about the main events of the crypto market that happened between 10th and 16th February 2022.