HTX Weekly (03/14-03/20): The Crypto Industry is Legalized in Ukraine

1. Last Week’s Wrap-Up

Pioneer Zonen New Launch

Listed Date Projects Maximum Gain Since Launch
2022/3/19 SMCW 400%
2022/3/17 TLM 29.9%
2022/3/17 BOO 38.7%
2022/3/17 SCREAM 33.3%
2022/3/17 APE 3100%
2022/3/16 ZBC 225.1%
2022/3/16 ERN 95.4%
2022/3/15 SD 78.4%
2022/3/14 PERP 22.6%
2022/3/14 XCAD 25%

 

2. What to Watch Out for This Week

>Futures Trading<

New Listing: Trade WIN/USDT Swaps to Win $30,000

Campaign Period: 10:00 (UTC) on Mar 16, 2022 – 15:59 (UTC) on Mar 23, 2022

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>HTX Options<

Join “Touch Options” Carnival and Win a Share of 20,000 USDT Prize Pool!

Activity period: 2022.03.15 8:00 - 2022.03.30 8:00 (UTC)

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>Spot Trading<

[Brand-new event] First CandyDrop of SCREAM and BOO arriving Mar 14, 2022

Registration period: 09:00 (UTC) on Mar 14, 2022 – 09:00 (UTC) on Mar 17, 2022

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[Brand-new event] Second CandyDrop of QRDO arriving Mar 20, 2022

Registration period: 13:00 (UTC) on Mar 20, 2022 – 13:00 (UTC) on Mar 22, 2022

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New Listing Perks: Trade ERN to Share 12,000 ERN Prize Pool 

Period: 13:00 (UTC) on Mar 18 - 13:00 (UTC) on Mar 25, 2022

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New Listing Perks: Trade XCAD to Share 12,000 XCAD Prize Pool 

Period: 13:00 (UTC) on Mar 17 - 13:00 (UTC) on Mar 24, 2022

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Deposit APE : Share HTX VIP - APE NFT & Enjoy 20% USDT APY

Activity time: 21:30 (UTC) on Mar 16 - 15:59 (UTC) on Mar 20

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New Listing Perks: Trade ZBC to Share 180,000 ZBC Prize Pool and 666% APY

Period: 12:30 (UTC) on Mar 16 - 12:30 (UTC) on Mar 23, 2022

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Last call: Prizepool Quadrupled to $280,000 in CandyDrop!

Registration period: 09:00 (UTC) on Mar 14, 2022 – 09:00 (UTC) on Mar 17, 2022

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>HTX Earn<

HTX Earn launches USDT 7-day fixed deposit product 

Launch Time:16:00 (UTC) on Mar 20, 2022

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Enjoy Up to 300% APY on POLC with HTX Earn

Launch Time: 12:00 (UTC) on Mar 18, 2022

End Time: 12:00 (UTC) on Mar 25, 2022

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Enjoy Up to 300% APY on FLOKI with HTX Earn

Launch Time: 12:00 (UTC) on Mar 17, 2022

End Time: 12:00 (UTC) on Mar 24, 2022

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PrimeEarn Phase 6:Deposit USDT/BTC/ETH to enjoy up to 10% APY!

Promotion Period: 11:00 (UTC) on Mar 16, 2022 – 11:00 (UTC) on Mar 23, 2022

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Enjoy Up to 200% APY on BOBA with HTX Earn

Launch Time: 12:00 (UTC) on Mar 15, 2022

End Time: 12:00 (UTC) on Mar 22, 2022

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Enjoy Up to 500% APY on ANC with HTX Earn

Launch Time: 12:00 (UTC) on Mar 14, 2022

End Time: 12:00 (UTC) on Mar 21, 2022

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> Grid Trading <

Exclusive Offer for Trading Bot users: Prize Pool of $20,000 Up for Grabs!

Event Period: 12:00 (UTC) on Mar 17, 2022 - 12:00 (UTC) on Mar 24, 2022

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3. Market Movers

Cryptocurrency Last Week’s Closing Price (USDT) Weekly Change
APE 14.1474000 1315%
SMCW 0.61290000 283%
JASMY 0.03989700 211%
OGN 0.76210000 116%
ZBC 0.03576200 70%
LOOKS 1.58780000 68%
AUDIO 1.18020000 65%
AGLD 1.56960000 63%
SEELE 0.00650000 53%
LBP 0.02448800 49%

 

4. Operating Metrics

Security incidents 0
# Of launched products 10
Contracts trading volumes 13.91($billion)
Spot trading volumes 8.81($billion)
On-chain user balances 9.17($billion)

Trading Volumes & On-chain Balances Chart

 

5. Industry TrendsMain Projects Trends

The Ethereum test network has successfully transitioned to a proof-of-stake (PoS) consensus mechanism.

Terra founders plan to accumulate $10 billion worth of Bitcoin as reserves.

Juno Network's Proposition 16 on removing assets from giant whale accounts has passed.

Andre Cronje deployed a pool of 6 FX stablecoins on Curve yesterday.

MetaMask will launch a DAO and release Tokens.

BAYC parent company Yuga Labs officially launches ApeCoin

 

HTX Research Institute Analysis:

The successful merger of the Ethereum’s Kiln test network demonstrates an earlier completion of the task that was originally scheduled for Q2, and improves the success rate of future main network mergers. Kiln follows the Kintsugi merger test network, the last public test network for the entire network before the transition from PoW to PoS this year, which will be phased out in the coming weeks.

 

International Industry Trend

Vitalik Buterin on the cover of Time magazine.

PwC: NFT will shape the future of the sports industry.

Mark Zuckerberg: Working on bringing NFT to Instagram, users may be able to mint NFT within the app.

 

HTX Research Institute Analysis:

NFT has a lot of successful cases in the sports industry, such as the NBA Top Shot, who have driven the entire Flow public chain. The PwC report introduced three examples of NFT in the sports industry: 1. Members-only NFTs, like season tickets offer services such as special seating and VIP experiences; 2. Integration with the Metaverse, which offering new opportunities for interaction between fans and sports players. 3. NFTs can offer sports fans privileges in the digital space that will attract more fans and create new markets.

 

Regulations

The South Korean government is considering delaying the implementation of a virtual currency tax until early 2024.

The U.S. SEC proposes to amend the Securities Exchange Act, which may have an impact on crypto and DeFi.

Ukraine legalized the crypto industry and banks will open accounts for crypto companies.

Hong Kong will set up a comprehensive regulatory system on the development of virtual assets.

 

HTX Research Institute Analysis:

Ukraine received nearly $100 million in crypto asset donations during this Russia-Ukraine conflict, the benefits of which have made the country fully opened to the crypto industry. Ukraine is an important market for crypto asset consumers, and this conflict has, indeed, given the crypto industry an opportunity to grow.

 

6. Weekly Blockchain Deals

HTX Research Institute Analysis

According to the public statistics, the Blockchain investing and financing deals over this week reached 30 in total, or 1.33 billion USD in valuation. The total amount was significantly higher than last week.

The biggest funding was in the infrastructure, with three projects that over billion, including Optimism, a Layer 2 scaling solution, which received $150 million in funding, valuing it at $1.65 billion, with participation from Paradigm and a16z; ConsenSys, which completed a $450 million Series D round led by ParaFi Capital; and Aptos, a public chain project to relaunch Diem, which completed $200 million in funding led by a16z.

It is worth noting that the GameFi track has been leading the other tracks in terms of the number of funding rounds recently. In other funding area, cricket NFT collectibles marketplace FanCraze is raising about $100 million in Series A funding with participation from Crow. Taiwan-based crypto exchange MaiCoin is raising a Series C at a $400 million valuation and plans to go public on Nasdaq within two years.

 

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