Crypto Pulse - Weekly Women's Roundup
Issue #3
Hello my dear friend! It's time for your weekly dose of the hottest stories in the world of Web3, crypto, DeFi, and blockchain. It's been quite the rollercoaster, but Bitcoin seems to be on a high right now. Let's dive right into the top 5 stories this week:
Bitcoin's Remarkable Recovery
Bitcoin (BTC) hit a new high, crossing the US$40,000 mark for the first time in 19 months. This growth trajectory is partly attributed to Microstrategy's continued investment in Bitcoin, next year’s Bitcoin halving event and the expected approval of a spot Bitcoin ETF. Read more
Game studios quietly integrates blockchain tech
Redcatpig, a development company, has been working on blockchain gaming projects. Their first blockchain game, HoverShock, is set to release in 2024. It will incorporate nonfungible tokens (NFTs) for skins and drones, which players can trade within the game's marketplace. These items can be bought using either fiat currency or cryptocurrencies. This announcement was made at the Madeira Blockchain 2023 event, which took place from November 30 to December 1. Read more
Crypto.com's UK Expansion
In a significant move, Crypto.com has obtained approval as an Electronic Money Institution in the UK. This milestone is part of a broader rebound in the DeFi market, with the Total Value Locked (TVL) surpassing US$50 billion. Additionally, Uniswap's partnership with Talos to facilitate institutional access to DeFi is a notable development. Read moreRevival of DeFi and NFT Markets
JPMorgan has highlighted a revival in DeFi and NFT activities, influenced by expectations surrounding a U.S.-listed spot Bitcoin ETF. This resurgence follows a nearly two-year downturn, bringing a wave of optimism to the sector. The report also mentions the rise of new chains and protocols like Aptos, SUI, Pulsechain, and the impact of Bitcoin ordinals on NFTs. Read moreBlockchain Innovations and Partnerships
Wipro has partnered with Polygon to develop a supply chain management solution. Read more
Deloitte is collaborating with Polkadot's Kilt Blockchain for digital shipping logistics, marking significant strides in blockchain technology application.
Read more
Action Point: Given the resurgence in DeFi and NFT markets, it might be worth exploring marketplaces like Blur.io and Opensea.io
Financial Tip: Diversify your investment portfolio to mitigate risks associated with market volatility. Implement dollar-cost averaging, the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of an asset. Learn more about it on Investopedia.com
Weekly Challenge: Try to understand the basics of Layer-1 blockchains and their role in the crypto ecosystem. You can start here.
That's all for this week! If you have any feedback or suggestions for the next newsletter, feel free o comment below.
Stay tuned for more updates next Thursday! 🚀