CRYPTO DUGEST

🗓 Sunday 13.03.22

📌 NFT CryptoPunks sales dropped

NFT CryptoPunks trading volume collapsed after Yuga Labs bought the intellectual rights to the CryptoPunks and Meebits collections from Larva Labs.

In the last 24 hours the value of sold CryptoPunks on the Ethereum cryptocurrency blockchain (ETH) fell by 79% to $ 3.9 million. Meebits turnover decreased by 76% to $ 4.2 million.

📌 EU wants to ban mining

The latest project proposed by the European Union, aimed at forcing proof-of-work cryptocurrencies such as bitcoin to switch to a more environmentally friendly Proof-of-Shares (PoS) consensus mechanism, is in the MiCA draft tabled for a parliamentary vote on Monday.

📌 Ripple: 21Shares launches AXRP exchange product

21Shares AG of Switzerland, one of the pioneers of cryptocurrency exchange products (ETPs), announced the launch of ETP $XRP in Swiss francs (CHF) on SIX Swiss Exchange, one of Europe’s largest stock and derivatives trading platforms, based in Zurich.

📌 The bear market has created demand for DeFi lending

Cryptocurrency market participants transfer capital to DeFi lending platforms to earn passive income.

Capital in cryptocurrency lending platforms has begun to rise as the bear market manifests itself. For example, lending platform Aave increased its capital to $18.5 billion from $5.2 billion in March 2021. Of that amount, only one-third is used as capital for lending.

🔥 Rate:

🪙 Bitcoin — $38 865,20 (+0,08%)

📈 S&P 500 — $4.204,31 (-1,30%)

🌕 Gold — $1.988,55 (-0,42%)

⬛ Oil Brent — $112,42 (+2,83%)