Chiliz (CHZ) gains 170% after launching live in-game NFTs
Since hitting a low of $0.243 on Sept. 29 the price of CHZ spiked 171% to a daily high at $0.657 on Oct. 31 and recent developments are now pushing the price back towards the swing high.
Four reasons for the growing strength of CHZ include the launch of live in-game NFTs, recent exchange listings for CHZ as well as its newly released fan tokens and the protocol’s rapidly expanding ecosystem of partners.
At least 16% of Americans have owned crypto
A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18–29, and even higher to 43% for males in the same age bracket.
WAXP witnessed significant growth after 24h
WAXP has grown by over 44%, with a trading volume tripling in the last 24 hours.
Indian Crypto Exchange WazirX Says User Base Has Grown Tenfold in 2021
Binance-owned Indian cryptocurrency exchange WazirX said its user base has grown by over 10 times this year to 10 million.
WazirX recorded a trading volume of over $38 billion year to date, equating to average monthly growth of 44%.
Fintech investments in ASEAN surge to 424% in 2021
According to FinTech in ASEAN 2021 report by UOB, investments in Fintech firms witnessed an ATH of $3.5 billion in the first nine months of 2021.
This was more than three times compared with 2020. This marked a 424% hike as compared to the previous year.
Ethereum is expected to hit $8,000 by the end of 2021
According to Goldman Sachs’ Managing Director, the rising inflation can push Ethereum’s price to $8,000 before the end of 2021.
Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status
According to DappRadar report, Polygon’s unique active wallet (UAW) connected to games increased by 242% month-over-month (MoM), and by 982% when compared to August. With over 125,000 daily UAW, game transactions doubled in October when compared to last month.
In addition, The Sandbox and Decentraland were gearing up to become true powerhouses of the game dApp ecosystem. Both of the games’ respective tokens tripled since Facebook announced its rebranding to Meta Platforms.
Top 3 Loser Tokens
$CHR: -15.3%
$MANA: -11.86%
$ARPA: -8.9%
After strong gains, digital assets often go through a period of correction before falling back to more stable prices. After a 274% growth compared to the previous month, CHR fell by 15.3% to 26,135 VNDC.
Convex Finance integrates the $OUSD pool
Origin Protocol announced that Convex Finance, one of the largest DeFi platforms, has integrated the Origin Dollar (OUSD) pool on Curve into their platform.
Liquidity providers for the OUSD pool on Curve can now stake their LP tokens on Convex to earn boosted CRV, CVX, OGN rewards and base trading fees.
Cosmos, Solana Ventures join $725M Series B for crypto gaming platform Forte
Crypto gaming startup Forte today announced it has taken in $725 million in Series B financing, adding to its haul of $185 million from a Series A round this May.
Sea Capital and Kora Management led the funding round, with recognizable players such as Andreessen Horowitz, Animoca Brands, and Warner Music Group also participating. In a sign of Forte’s multichain ambitions, Cosmos, Polygon Studios and Solana Ventures—the venture wing of Solana Labs—all took part in the Series B.