Huobi Global Weekly (12.13-12.19): The 7th Primelist GMPD to Launch on Dec. 21, 10:00.

1. Last Week’s Wrap-Up

Sixth Primelist:UNB

611,506 people participated in the 6th Primelist UNB promotion on Dec.14, representing 161 different countries. UNB hit 0.27 USDT in 15 minutes with the highest increase of 2,250%. The amount of Huobi Tokens locked reached over 22,934,174, with a maximum yield up to 600%.

 

Pioneer Zone New Launch

1SOL went live on December 15, with a maximum gain of 1007.9% since launch.

RADAR went live on December 15, with a maximum gain of 319.89% since launch.

LPT went live on December 16, with a maximum gain of 73%since launch.

 

2. What to Watch Out for This Week

>7th Primelist GMPD <

Huobi Global will be listing GamesPad (GMPD) on our brand new token listing platform, Primelist, at 10:00 (UTC) on Dec 21

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>Huobi Futures<

$1M Bounty for New USDT-M Contracts Users(1201 - 0113)

Campaign Period: 10:00 (UTC) on Dec 1, 2021 – 12:00 (UTC) on Jan 13, 2022 

Click for more information

 

Trade Derivatives to Win 120,000 USDT (1215 - 1224)Campaign Period: 10:00 (UTC) on Dec 15, 2021 – 15:00 (UTC) on Dec 24, 2021

Click for more information

 

>SPOT<

MEME-ry Christmas Referral Giveaway - $10M worth of DOGE/SHIB Up for Grabs!

Event Period: 00:00 (UTC) on Nov 18, 2021 - 00:00 (UTC) on Jan 19, 2022

 Click for more information

 

1SOL Trading Promotion: Share 15,000 1SOL and Earn 200% APY!(1215 - 1222)

Promotion Period: Opening time of 1SOL trading - 12:00 (UTC) on Dec 22

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Become a Pioneer Market Maker to Enjoy Up to 510K USDT! (Round II) 

Campaign Period: 16:00 (UTC) on Dec 14, 2021-15:59 (UTC) on Dec 21, 2021

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Trade/Deposit RADAR to Win a Share of our 80,000 USDT Worth of RADAR Prize Pool and Enjoy 100% APY

Event Period:22:00 (UTC) on Dec 14 - 22:00 (UTC) on Dec 17

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>Huobi Earn<

Enjoy Up to 100% APY on UNB with Huobi Earn

Launch Time: 12:00 (UTC) on Dec 16, 2021

End Time: 12:00 (UTC) on Dec 23, 2021

Click for more information

 

3. Market Movers

Cryptocurrency

Last Week’s Closing PriceUSDT

Weekly Change

1SOL

1.64570000

333%

EGCC

0.00007321

267%

RADAR

0.03299800

229%

UNB

0.03615900

201%

GVE

0.00002900

66%

YFI

31574.9600

48%

LPT

36.5481000

40%

AR

56.9551000

39.6%

MUSK

0.00017524

39.5%

CVP

1.63970000

37.4%

 

4. Operating Metrics

Security incidents

0

# of launched products

4

Contracts trading volumes   

US$26.9 billion

Spot trading volumes

US$21.2 billion

On-chain user balances

US$16.4 billion

 

5. Industry Trends

DeFi:

Anyswap announces that products have been upgraded to Multichain, starting their way through the new chain.

Huobi Research Institute Analysis:

Anyswap allows users to complete the decentralized cross-chain exchange of assets through asset cross-link services across multiple ecosystems, may become an essential underlying key infrastructure in DeFi full ecosystem.

 

The Federal Reserve

The Federal Reserve released its December Monetary Policy Committee resolution, doubling the pace of tapering its bond-buying program to $30 billion per month as expected, while keeping the federal funds rate target range unchanged at 0-0.25%, and the dot plot expects three rate hikes in 2022 and three in 2023 as well.

Huobi Research Institute Analysis:

In the long term, the Fed has indicated that it dose not need a long time to wait for this rate hike, meaning the downward pressure on prices after Taper next year is likely to enter the rate hike period soon. Tthe flow of money into the cryptocurrency will decrease and bring negative impact to the market.

 

NFT:

US sportswear giant Nike has acquired virtual fashion brand RTFKT.

L'Oreal Paris launches NFT lipstick and auctioned on OpenSea.

Singer Whitney Houston’s unreleased song Demo NFT sells for over $1 million.

PHANTACi, Jay Chou's fashion icon, will release Phanta Bear series NFT on Ezek platform, and the Ezek virtual concert is currently being prepared at the same time.

 

Huobi Research Institute Analysis:

Web3.0/Metaverse/NFT are increasingly attracting more attention and investment from fashion and apparel brands, the main reason for this is these platforms give companies opportunity to connect with younger users meanwhile increasing the visibility of their products, which is in line with their brand positioning.

 

6.Weekly Blockchain Deals

Huobi Research Institute Analysis:

According to publicly available information, Blockchain investing and financing deals over the last week reached 30 in total, or 0.6813 billion USD in valuation, nearly 50% lower than last week.

In terms of tracks, the investment and financing was mainly focused on infrastructure and CeFi. There were two funding that exceeding $100 million this week, including Anchorage completes $350 Million Series D Financing led by KKR, Goldman Sachs, a16z and others; Crypto company NYDIG raises $1 billion, led by WestCap.

In addition, a16z also participated in investments in pioneering music startup Sound.xyz, and blockchain data analytics platform Nansen this week.

It is worth noting that Li Ka-shing’s investment fund, Victoria Harbor Investment made its first venture into the Metaverse, leading an investment in Wonder Dynamics.

 

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