Triaconta Weekly #222
The following topics will be addressed in this weekly:
- Bundle performance
- Winners & Losers
- Market overview
We have paid out all referral bonuses again this week. Do you also want to receive a bonus of 35% of our commission for all purchases in Euros made by another person? Then make sure that a new customer registers with Triaconta with your invitation link. You can invite as many people as you like, so your bonus can grow indefinitely. The personal invitation link can be found in the menu under Referral bonus.
The crypto market is turning red after six weeks of green. Bitcoin (-10%) is having a bad week and so especially today the whole market is sinking. The $25,000 threshold was not broken last week and since then traders have become cautious, hoping for a BTC price below $22,000, and they have been right. The minutes of the U.S. Fed meeting on Wednesday indicated that more interest rate hikes are coming and that doesn’t help either. DeFi was up the most and thus corrects the hardest. We hope, of course, that next week the sun will shine bright again.
1 Month: +2.71% | 7D: -7.02% | 24H: -7.89%
1 Month: -1.06% | 7D: -13.21% | 24H: -11.29%
1 Month: +4.71% | 7D: -9.12% | 24H: -9.67%
1 Month: -7.43% | 7D: -19.49% | 24H: -11.81%
Winners & Losers
There are few gainers this week with Spell Token (+6%) especially on the rise today and EOS (+0%) neutral. Limited losses for Dogecoin (-4%) and Tron (-8%). The biggest corrections are seen in DeFi tokens Convex Finance (-29%), Synthetix (-27%), Chainlink (-26%), Near (-26%), THORChain (-26%) and TheGraph (-25%). Pennystock Celer Network (-23%) is surprising as it was finally listed on Coinbase this week which usually triggers a rise in itself.
September is busy with conferences that are often used to announce new developments. Metaweek from September 12-13 in Dubai on Metaverse and NFT. Binance blockchain week is in Paris from September 14-16. NEARCon on NEAR in gaming and Web3 from September 11-14 in Lisbon. In Amsterdam on September 20 and 21 is the free-to-attend Blockchain Expo Europe on Blockchain, IoT, 5G, Cyber Security, AI and Big Data. The largest and longest running Bitcoin conference in the world Bitcoin magazine is hosting their first event in Europe also in Amsterdam from October 12-14.
Dogechain is a new platform for being able to use Dogecoin in a lot of ways on other blockchains for example in DeFi apps, games or to trade NFTs. Dogechain is not an official Dogecoin project and is built independently from the creators of Dogecoin on Polygon allowing it to run all Ethereum applications. Users are happy with it and have already moved tens of millions of dollars of Dogecoin to the platform in the first five days.
Germany and America are the most crypto friendly countries in the world according to Coincub research. Germany has progressive legislation and a favorable tax climate, many investors interested in crypto and a high number of Bitcoin nodes. The Netherlands is fortunately in the top 10 but there is still room for improvement.
Infinity Skies will be a real Dutch Pay2Earn blockchain game according to Quote. Investors from around the world have raised €3.6 million to let the 35 developers of Dutch company DreamFuel Games build the game. Players can build and decorate a castle on their own cloud in an infinite blue sky. Castles can then be visited, parties organized and adventures experienced. The title King of Infinity Skies for the most popular castle will be competed for.