Newsletter by Tokenize Xchange (Vol.310 | October 2024)
What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
📣 Event Update
We’re at Blockchain at NTU!
Our CEO, QY, shared his passion, journey, and personal stories about navigating the challenges and triumphs of his early career. 🌟
We’re truly honored to have engaged with such bright minds—not just as mentors but also as guides, encouraging these future leaders to fly higher in the world of blockchain! 🚀
🚀Crypto Leaderboard
🗞 Crypto News Recap: The Top 3 Stories
1/ Core Blockchain Surges Past $400 Million TVL
Core Blockchain, a prominent layer-2 scaling solution for Bitcoin, has achieved a significant milestone by surpassing a total value locked (TVL) of $400 million. This achievement solidifies Core’s position as a leading player in the Bitcoin scaling landscape.
2/ Australia bank ANZ Joins MAS-Led Project Guardian
Australian bank ANZ has announced its participation in Project Guardian, a collaborative initiative led by the Monetary Authority of Singapore (MAS) to explore the potential of digital currencies. This move marks a significant step forward for ANZ as it expands its involvement in the digital asset space.
3/ Stablecoin Surge Boosts Bitcoin Price Rally
CryptoQuant, a leading blockchain analytics firm, has identified a strong correlation between the growth of stablecoin market capitalization and an increase in Bitcoin’s price. According to the firm’s analysis, the recent surge in stablecoin adoption is providing the necessary liquidity to fuel a potential Bitcoin price rally.
📚 Technical Analysis
A comprehensive analysis considers factors such as trading volume, market sentiment, and support and resistance levels to understand the market conditions thoroughly.
Weekly Bitcoin (BTC) Technical Analysis (Sep 30th ~ Oct 06th, 2024)
Weekly Ethereum (ETH) Technical Analysis (Sep 30th ~ Oct 06th, 2024)
💎Build your Crypto Portfolio
Tired of timing the market? Tokenize DCA allows you to buy regularly during set intervals.
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Disclaimer
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.