While we don’t have a strong view on crypto here at Equity Mates, we are fascinated to watch the story unfold. Read on for some of the most interesting Tweets, articles and memes from the past week below.
Prices of Top Cryptocurrencies
Tweets & Charts of the week
Articles & Videos
Kids from the Philippines were earning hundreds of dollars from a play-to-earn Minecraft game, until a series of new rules sent the community into a tailspin. Critterz hoped to address one of the primary criticisms Axie Infinity faced: that players were motivated much more by profit than by a desire to play the game itself, as the game alone simply wasn’t compelling enough.
After two years of Zoom classes, colleges are warming to the idea of holding classes in the metaverse. With $150 million invested, Mark Zuckerberg’s Meta is leading the charge. In fact, 10 virtual campuses have now been opened across the US.
Soccer’s governing body FIFA has chosen the occasion of the 2022 Qatar World Cup to launch an NFT-based collection of classic clips from the history of the international soccer tournament. FIFA+ Collect will launch later this month and allow soccer fans to own and trade “moments in time” featuring the greatest goals, saves, celebrations and more from World Cup and Women’s World Cup history, FIFA said.
The Australian Federal Police has set up a dedicated unit for tracing and seizing cryptocurrency linked to criminal activity, operating as part of its Criminal Assets Confiscation Taskforce .
Singapore’s biggest bank plans to grow its cryptocurrency and digital assets business despite the crypto bear market, saying it wants to expand its digital exchange and offer services to more of its 300,000 wealthy clients in Asia.
Regulators around the world have let the “beast” of cryptocurrency investing grow to dangerous proportions and now face a bigger challenge bringing the sector to heel, says the founder of global investment bank Saxo Bank.
Leading cryptocurrencies are bracing for a massive month as bitcoin loses momentum amid more central bank interest rate rises, and Ethereum gears up for one of the most ambitious software upgrades in history, after years of delays. Here’s why crypto traders are nervous about the Ethereum Merge.
Whether you’re a crypto trading platform building a reliable on-ramp from fiat currency, or an e-commerce platform trying to decide what the advent of stablecoins means for you, the landscape is changing rapidly. These are 4 dynamics that will govern the broader adoption of crypto in the UAE.
In Focus: Monetary policy’s correlation with crypto
Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market. This article explains how the actions of the US Federal Reserve might affect your crypto and equity investments.
This week Trace & Craig explain why Jerome Powell’s annual Jackson Hole speech was among a few other markers that contributed to the recent market volatility. They cover the downward spiral of the NFT market and go over the recent numbers published by Opensea. As always there’s plenty in the short-sharp news bites for the week which includes the story of the woman who was accidentally given $10 million instead of $100 as a refund by a popular crypto exchange.
Some of our favourite content
This is an excerpt from our Crypto Newsletter email. Once a week, for those investing in crypto or interested in learning more about this corner of the market, we’re featuring some of the most interesting content we’ve come across in this weekly email. No spam, we guarantee.