📈Market Overview
#Bitcoin price dropped below $30K again. The Top-10 cryptocurrencies are also traded in red zone (except Dogecoin):
XRP -2.06%
BNB -1.18%
Dogecoin +0.62%
Market capitalization: $1.29T (-0.56%)
The BTC dominance: 44.42% (-0.17%)
Fear & Greed Index: 53 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Akash Network (AKT) +13.8%
Golem (GLM) +13.1%
Orchid (OXT) +11.7%
👉 Recent Funding Rounds
SphereX $8.2M seed round led by Aleph
Cube3 $8.2M seed round led by Blockchange Ventures
Puffer Finance $5.5M seed round led by Lemniscap and Faction
BTC Futures
Aggregated Volume — $26.5B
Aggregated Open Interest — $10.4B
👉 Derivatives Market Analytics
WhiteBIT Launched the Mainnet of Its Blockchain, WB Network
WB Network uses the Proof-of-Authority (PoA) consensus algorithm, and WhiteBIT Coin (previously WhiteBIT Token) has become the main asset of the network. Thanks to the WB Network, WhiteBIT users can enjoy even more benefits, including WB Soul Ecosystem.
👉 https://blog.whitebit.com/en/meet-our-own-blockchain-wb-network/
Top 10 DeFi Protocols by TVL on BNB Chain 🟠
PancakeSwap accounts for 34.8% ($1.8B) of TVL on BNB Chain, followed by Venus, Radiant Capital, and CoinWind.
👉 https://cryptorank.io/tags/bnb-chain-ecosystem
📈Market Overview
#Bitcoin broke $30K resistance again, but now trades slightly below this important level. The Top-10 cryptocurrencies are traded in green zone:
Solana +5.38%
XRP +3.66%
Dogecoin +2.24%
Market capitalization: $1.3T (+1.59%)
The BTC dominance: 44.5% (+0.3%)
Fear & Greed Index: 50 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Taraxa (TARA) +74.2%
Rollbit Coin (RLB) +72.4%
Coin98 (C98) +31.8%
👉 Recent Funding Rounds
fxhash $5M seed round led by 1kx
unshETH $3.3M seed round with participation from The LAO and other investors
VIP3 $2M seed round with participation from PAKA
BTC Futures
Aggregated Volume — $38.1B
Aggregated Open Interest — $11B
👉 Derivatives Market Analytics
Top 15 Stablecoins by Market Capitalization
USDT accounts for 67% of stablecoin's market, while BUSD continues to lose its market share (-16% MoM).
First Digital USD (FDUSD) has already become the 11th largest stablecoin by market cap.
What is your prediction about PayPal USD future market share? 🤔 Share your opinion in the comments.
👉https://cryptorank.io/categories/stablecoin
The Latest Breaking News 📣
— PayPal launches a stablecoin in latest crypto payments push
— Huobi receives $200M USDT, $9M Ether from whale
— Blockchain com obtains major payment institution license in Singapore
— Bitstamp In negotiations to expand to Europe In early 2024
— Steadefi grapples with major exploit, all funds at risk
👉 https://cryptorank.io/news
Top 8 DeFi Protocols by TVL on Base 🔵
Base is a new Ethereum L2, incubated by Coinbase and built on the open-source OP stack. Base mainnet is now live for developers and will be fully accessible for everyone on the 9th of August. Amidst mainnet launch, TVL on Base skyrocketed to the $36.2M.
BaseSwap is the leading DeFi protocol on Base with 50% share of TVL, followed by Sushi and Kokonut Swap.
👉 https://cryptorank.io/price/base
Top 10 Blockchains by Monthly Revenue 💰
Ethereum leads, followed by Tron, BNB Chain, and Polygon.
👉 https://cryptorank.io/categories/blockchain-infrastructure
📈Market Overview
The Top-10 cryptocurrencies are traded in different directions:
Solana +0.77%
XRP -2.91%
Dogecoin -1.04%
Market capitalization: $1.28T (-0.15%)
The BTC dominance: 44.21% (+0.11%)
Fear & Greed Index: 49 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Nexa (NEXA) +54%
Taraxa (TARA) +51.9%
Livepeer (LPT) +44.9%
👉 Recent Funding Rounds
Sleepless AI funding round with participation from Binance Labs
KiloEx funding round with participation from Binance Labs
Kinza funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $10.4B
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics
📈Market Overview
The Top-10 cryptocurrencies are traded in green zone:
Solana +1.79%
BNB +1.62%
XRP +0.96%
Market capitalization: $1.28T (+0.43%)
The BTC dominance: 44.15% (-0.24%)
Fear & Greed Index: 49 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Yield Guild Games (YGG) +73.9%
Taraxa (TARA) +65%
Aleph.im (ALEPH) +37.7%
👉 Recent Funding Rounds
Sleepless AI funding round with participation from Binance Labs
KiloEx funding round with participation from Binance Labs
Kinza funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $5.6B
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics
📈Market Overview
The Top-10 cryptocurrencies are traded in different directions:
Dogecoin +2.42%
XRP -4.86%
Cardano -0.82%
Market capitalization: $1.28T (-0.45%)
The BTC dominance: 44.24% (-0.04%)
Fear & Greed Index: 50 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Bancor (BNT) +44.1%
Taraxa (TARA) +35.7%
Yield Guild Games (YGG) +21.1%
👉 Recent Funding Rounds
Sleepless AI funding round with participation from Binance Labs
KiloEx funding round with participation from Binance Labs
Kinza funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $15.8B
Aggregated Open Interest — $10.3B
👉 Derivatives Market Analytics
Top 15 Projects by 30D Revenue
Maker DAO leads, followed by dYdX, Lido, and Synthetix.
👉 https://cryptorank.io/performance
📈Market Overview
The Top-10 cryptocurrencies are traded in different directions:
BNB +0.85%
XRP -1.98%
Cardano -1.14%
Market capitalization: $1.28T (-0.01%)
The BTC dominance: 44.28% (+0.47%)
Fear & Greed Index: 54 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Moonwell Artemis (WELL) +74%
Yield Guild Games (YGG) +29.5%
Unibot (UNIBOT) +17.8%
👉 Recent Funding Rounds
Orbital $6.4M funding round with participation from Golden Record Ventures and GSR Ventures
zkPass $2.5M seed round with participation from Binance Labs and Sequoia Capital China
Conductive seed round led by Animoca Brands
BTC Futures
Aggregated Volume — $19.1BB
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics
Monthly Derivatives Trading Volume Down 14% in July.
In July, the monthly derivatives exchange volume was at the lowest level since the beginning of the year - $1.8T (-14.2% MoM).
Binance leads the derivatives market with 55.4% share of trading volumes.
👉https://cryptorank.io/exchanges/derivatives
The Latest Breaking News 📣
— US Department of Justice is mulling fraud charges against Binance
— Sam Bankman-Fried seeks to avoid jail, denies witness tampering in FTX case
— HashKey wins Hong Kong's first crypto exchange license to serve retail customers
— Google Cloud to run a validator node on Celo Network
— Litecoin has successfully completed its third halving
👉 https://cryptorank.io/news
Crypto Market Recap. July 2023. 📣📊
In this report CryptoRank's team analyzed the most significant events and trends that shaped the crypto landscape in July. 🔥👀
Key takeaways:
- July became a quiet month for BTC price and crypto market overall despite some groundbreaking news.
- Both spot and derivative trading volumes dropped to the lowest level in 2023.
- Token sales activity also decreased in July with 28 public sales raising a total of $14M.
- While the activity of new L2 networks kept growing, most of DeFi saw a decline in total value locked in July.
Read full report:
👉 https://news.cryptorank.io/crypto-market-recap-july-2023/
Microsoft and Aptos Labs Collaborate on New AI Blockchain Solutions 🔥
Aptos Labs announced it will use Microsoft's infrastructure to deploy new offerings that combine AI and blockchain, including a new chatbot called Aptos Assistant.
The two companies have also agreed to explore blockchain-based financial service solutions, including asset tokenization, payment options and central bank digital currencies (CBDC).
👉 https://www.coindesk.com/web3/2023/08/09/microsoft-and-aptos-labs-partner-on-new-ai-blockchain-solutions/
The Latest Breaking News 📣
— BlackRock insiders say Bitcoin ETF is likely 6 months away
— Fed starts new program to oversee crypto activity in U.S. banks
— Binance to become ‘first fully licensed’ crypto exchange in El Salvador
— China promotes blockchain technology for stock market application
— Brazilian CBDC gets official name and logo, it's DREX
👉 https://cryptorank.io/news
Top 15 DeFi Projects by 30D Active Users
Stargate leads, followed by PancakeSwap, Sweat Economy, and Uniswap.
👉 https://cryptorank.io/categories/defi
Top 10 Decentralized Perpetual Exchanges by Trading Volume 📊
Decentralized perpetual exhanges gained popularity amidst regulatory problems and security issues of centralized exchanges. Let's compare the leading perpetual DEXs by trading volume.
dYdX leads the market with $20.8B trading volume over the past 30D, followed by Kwenta, Vertex, and GMX.
👉 https://cryptorank.io/tags/derivatives
📈Market Overview
The Top-10 cryptocurrencies are traded in different directions:
Dogecoin -1.36%
Ethereum -0.15%
Solana +0.46%
Market capitalization: $1.28T (+0.16%)
The BTC dominance: 44.36% (+0.34%)
Fear & Greed Index: 54 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
DODO (DODO) +67.3%
RSS3 (RSS3) +38.1%
Bancor (BNT) +20.9%
👉 Recent Funding Rounds
VIP3 $2M seed round with participation from PAKA
D8X $1.5M pre-seed round led by Polygon Ventures
Sleepless AI funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $23.2B
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics
PayPal Launches a Stablecoin in Latest Crypto Payments Push
PayPal USD (PYUSD) is issued by Paxos Trust and fully backed by US dollar deposits, short-term Treasuries and similar cash equivalents. It’s pegged to the dollar and will be gradually available to PayPal’s customers in the US.
👉 https://www.bloomberg.com/news/articles/2023-08-07/paypal-launches-us-dollar-stablecoin-pyusd-for-payments-transfers
Crypto News Weekly Recap #162 📣
— Huobi's stablecoin reserves are down 30% amid reports of executive arrests
— Curve recoups 73% of hacked funds, bolstering CRV Sentiment
— Race for Ether Futures ETFs kicks off with 6 firms filing SEC Applications
— US Department of Justice is mulling fraud charges against Binance
— Sam Bankman-Fried seeks to avoid jail, denies witness tampering in FTX case
— HashKey wins Hong Kong's first crypto exchange license to serve retail customers
— MicroStrategy buys another 420 BTC for $14.4 Million
— Litecoin has successfully completed its third halving
👉 https://cryptorank.io/news
Top 10 Gainers of the Week 📈
$TARA +460%
$YGG +252%
$DNX +63.2%
$BNT +45.4%
$KAS +37.9%
$WNCG +37.6%
$GTC +37.1%
$MC +36.9%
$XDC +29.1%
$HNT +27.8%
👉 https://cryptorank.io/performance
Top 10 DeFi Protocols by TVL on Arbitrum
GMX leads, followed by Radiant and Uniswap V3.
👉 https://cryptorank.io/tags/arbitrum-ecosystem
🚀 The 10 Most Popular IDO Platforms on CryptoRank in July
DAO Maker leads, followed by ChainGPT Pad, Enjinstarter, and Poolz.
👉https://cryptorank.io/fundraising-platforms
The Latest Breaking News 📣
— Elon Musk’s X seeks data partner to build trading service on app
— ProShares files application with SEC for Bitcoin and Ethereum equal weight ETF
— Curve Founder raises $42.4M to pay off $80M on-chain debt
— Layer 2 Base Network to launch on August 9th
— Tel Aviv stock exchange partners with Fireblocks to provide crypto services
👉 https://cryptorank.io/news
TVL Performance on Multiple Networks in July
The total value locked of most blockchains showed a decline in July 2023. Meter, MultiversX, and Wanchain showed the highest growth of TVL among other blockchains.
👉 https://cryptorank.io/categories/blockchain-infrastructure
Top 10 NFT Marketplaces by Volume in July 📊
Blur leads, followed by OpenSea, X2Y2, and LooksRare.
👉https://cryptorank.io/tags/marketplace
📈Market Overview
The Top-10 cryptocurrencies are traded in red zone:
Solana -4.38%
Cardano -3.66%
Dogecoin -3.59%
Market capitalization: $1.28T (-1.57%)
The BTC dominance: 44.08% (-0.34%)
Fear & Greed Index: 52 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Telos (TLOS) +29.8%
XDC Network (XDC) +27.9%
Wrapped Nine Chronicles (WNCG) +24.8%
👉 Recent Funding Rounds
Solv Protocol $6M funding round with participation from Mirana Ventures
Conductive seed round led by Animoca Brands
Terminal 3 pre-seed round with participation from 500 Global and ConsenSys Mesh
BTC Futures
Aggregated Volume — $28.3B
Aggregated Open Interest — $10.2B
👉 Derivatives Market Analytics