Weekly Summary
- Top ApolloX Gainer: N.A
- Top ApolloX Loser: SANDUSDT (-12.02%)
On the spot market, BTC price has decreased 6.77% from 50,791.21 USD. Last week, due to the standard BTC options expiry, the market sentiment was turbulent, testing short-term support at 46,000 USD. After the expiry, there was a sharp increase in Long/Short ratio, which indicates the public was expecting a rebound in the short-term. In the long-term, BTC is still trending downwards.
Wanna find out what happened in crypto recently? Check out our CryptoBites below.
CryptoBites
Investment Talk
- European Parliament member Eva Kaili’s Q&A with CoinDesk covered MiCA, the current regulatory frenzy over stablecoins, Web 3 and Facebook’s diem. (Learn More)
- Crypto analyst Benjamin Cowen names Ethereum, Cardano and three additional altcoins as the top crypto assets for 2022. (Learn More)
- In 2021, Bitcoin scaled to all time highs, increasing adoption and transactions, while global conversations grew - and not all are positive. (Learn More)
Projects Update
- A white hat hacker helped Polygon avert a $20.2B smart contract exploit last December. Polygon has awarded the hacker with a $2.2M bug bounty. (Learn More)
- Robinhood plans to launch the beta version of its new crypto wallets this month. The rollout will focus on security of users and providing education on crypto transactions. (Learn More)
Web3.0
- Shiba Inu is launching the beta version of Doggy DAO to give users more authority to decide on crypto projects and pairs on the ShibaSwap platform. (Learn More)
- Gas DAO’s token, GAS, is struggling to maintain momentum after its airdrop. Currently, there is no product or utility. (Learn More)
Updates at ApolloX
- TofuNFT Listing - Trade the entire ApolloX NFT collection on TofuNFT. (Trade Here)
- ApolloX & BSC AMA - ApolloX’s Captain, Captain X, recently went live on a BSC AMA to share about our APX token and to answer community questions. Read the full recap here. (Read More)
- Join Our Discord Community - We’re live on Discord! Join our server to connect with global APX users, chat and unlock exclusive perks. (Join Now)
- ApolloX & BabySwap New Year Giveaway - Complete simple tasks for a chance to claim your share in a $500 BABY and $500 APX prize pool. Giveaway ends January 4, 2022 09:00 UTC. (Enter Now)
The Week Ahead
- Trading Reward Program - The first epoch of ApolloX’s Trading Reward Program started on December 28, 2021 and will last 10 days. Win APX tokens as you trade on ApolloX DEX and lock APX to boost your rewards. (Trade Now)
- ApolloX NFT Bonus Pool Distribution - From January 3, 2022, you can trade ApolloX NFTs on Binance NFT Marketplace. You may also be eligible for a bonus pool distribution if you participated in our Draw & Earn campaign. (Read More)
- New Trading Pairs On ApolloX - What new trading pairs do you want to see on our exchange next? Tell us on Discord! (Visit ApolloX Discord)
- Burn $APX As Trading Fees - Tell us if you want to burn $APX as trading fees in our latest poll! (Vote Here)
- Up Next On The ApolloX Blog - Read about ConstitutionDAO’s $PEOPLE token and the key differences between crypto derivatives trading vs spot trading this week. (Visit Blog)
Risk Reminder: Crypto trading carries a risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of any financial product.
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