The Weekly Spin. Sixteenth Edition. This week was a tough one for the markets, as Bitcoin held support at $26k but overall liquidity in the market remained low. In the spotlight was Binance, who are facing battles on all sides – with the EU regulators increasing their scrutiny causing the announcement halting SEPA transfers late September, card services for LatAm shuttering, and severing their partnership with Mastercard. Meanwhile, a report by hedge fund Brevan Howard claims that stablecoin settlements matched payment giant Visa for the year 2022 – valued at over $11 trillion. Coinweb’s own payment platform OnRamp has been responsible for nearing $500 million of that amount, with monthly revenues exceeding the $10 million mark consistently since July. Our alpha tester program is in full swing with great progress and several version upgrades since the beginning of the phase.

The Weekly Spin. Fifteenth Edition. Markets were extremely volatile this past week and weekend, with Bitcoin and Ethereum retracing back to $26k and $1.6k respectively, but many major and smaller altcoins bounced back and showed resilience in the face of uncertain sentiment in both the industry and the macro environment as China and Japan’s central banks make waves. There is no understatement of how much the Asian markets impact crypto price movements.

The Weekly Spin. Fourteenth Edition. As we cover the major happenings in the crypto-world this week, the focal mass of the industry is currently in Canada for ETH Toronto – as well as Women’s Blockchain Week! Should be some nice announcements following those events, but for the eventful last week we’ve seen SBF get thrown back in jail, inflation data was released to the positive and yet the price of Bitcoin remained unaffected. An analysis of Bitcoin Futures open interest might even suggest market maturity, full article in the TL section.

The Weekly Spin. Thirteenth Edition. We have a packed edition of the Weekly Spin for this first week of August and Q3 of 2023. We start with excitement in science and politics, with the new superconductive material LK-99 being buzzed around the world as a potential solution to abundance, and of course Trump getting indicted on 4 felony charges promises to spice things up for 2024. The crypto industry also saw a lot of action, from the much-anticipated launch of the BASE L2 blockchain to over 12 filings last week to the SEC for a spot Ethereum ETF. Decisions on the BTC ETF applications, including the spotlight on BlackRock, are due to be announced this week.

The Weekly Spin. Thirteenth Edition. The blue bird is dead. Long live the X! As crypto enthusiasts pile on to X-related coins, X-Ai, X-videos, pretty much X-anything; and take to the X app (formerly known as crypto-twitter) to publish numerous successes in X coin pump and dumps — stoking that greed and FOMO we’re all so adept at handling — a strong reminder stands to warn all those participating of the stark difference between memecoin aping and “responsible, profitable trading.” You don’t need that risk in your portfolio as long as you have carefully considered, well placed orders and executions with quality coins and projects.

The Weekly Spin. Twelfth Edition. This week the major event in the industry was the 6th ETHCC, held in Paris from the 17th-20th – it took the headlines as more than 8 top-tier crypto protocols made major announcements (there’s a special section devoted to the Conference in this edition). Looks like everyone was trying to get the attention of the prom queen, who of course was Vitalik Buterin himself. L2s on Ethereum were the main narrative, as well as blockchain interoperability. The markets saw a flurry of price action in the Altcoins, with SOL, XLM and LINK leading the pack. FedNow launched its payment system with the support of major finance players of the likes of JPMorgan and WellsFargo, meanwhile the Hon. Gary Gensler extended his hand for more money to the House Appropriations Committee and was deliciously roasted. Highly satisfying to watch, perfect with some popcorn and a nice bottle of red to keep you warm.

The Weekly Spin. Eleventh Edition. Big win for XRP, big win for crypto. This last saw the judgment of a U.S. court that concluded that XRP was not a security at retail, however may be considered as one for institutional investors – and the plot thickens. On arrival of the news, XRP rallied almost 2x, bringing along other altcoins in a short but decisive pump in the crypto-markets. ETH broke the $2k mark for the first time in ages, despite having retracted back to the previous support around $1,950. BTC continues to hold strong in the $30k-$31k range.

The Weekly Spin. Tenth Edition. The first week of July saw the highly anticipated “deep dive” video by Miles Deutscher of Crypto Banter, which has been well received by the largest and fastest growing crypto-community on YouTube – and has resulted in a jump of new members to the Coinweb communities, with excitement and interest to learn more about our project. Our Zealy questboard doubled in size and rose into the top #400 after the announcement of the first participants into the Alpha Wallet Tester Program. We are more than thrilled to welcome our most committed members in the community to the program and give special thanks to everyone who has expressed interest in contributing to make our project better and closer to our shared vision! LFG!!

\*\*The Weekly Spin. Ninth Edition. \*\*The Alpha Testers have been selected, and the wallet release is just around the corner! As we finalize the program’s communication structure and prepare the v1 wallet for expansive testing, the program marks the end of a 2-month campaign over Zealy and the start of the next exciting phase of our SDLC.