HTX Weekly (01/17-01/23): Microsoft Buys Blizzard: GameFi games can't stay in cards and web forever

01/24/2022 15:04 (UTC)Latest News

1. Last Week’s Wrap-Up

Eleventh Primelist:GARI

238,000 people participated in the 11th Primelist GARI promotion on Jan.18, representing 148 different countries. GARI hit 1USDT in 15 minutes with the highest increase of 500%. A total of 32,564,490 HT were locked and 4.5 million tokens were offered, valued at 90,000 U at the opening price and 4,500,000 U at the highest point.

 

Pioneer Zone New Launch

ASTR went live on January 16, with a maximum gain of 280% since launch.

SCRT went live on January 18, with a maximum gain of 133.33% since launch.

VRA went live on January 21, with a maximum gain of 132.78% since launch.

SUKU went live on January 21, with a maximum gain of 123.32% since launch.

 

2. What to Watch Out for This Week

>Futures< 

Back to HTX Futures to Win $30 Each

Campaign Period: 20:00 on Jan 21, 2022 – 23:59 on Feb 20, 2022 (UTC+8)

Click for more information

 

Up to 200 USDT Bonus for Every New USDT-M Contract User

Campaign Period: 12:00 (UTC) on Jan 21, 2022 – 12:00 (UTC) on Feb 20, 2022

Click for more information

 

100,000 USDT Giveaway for Contract Master Contest 

Event Period: 8:00 (UTC) on Feb 5, 2022 – 8:00 (UTC) on Feb 12, 2022

Click for more information

 

>SPOT< 

Embark on a Prize-filled Metaverse Journey, Share $100 Million of Prizes in Prime Fest: Tiger Year

Period: 12:00:00 (UTC) on Jan 21, 2022 - 11:59:59 (UTC) on Feb 13, 2022

Click for more information

 

HTX Primelist to List A New Token Every Day from January 24 to January 30

Event Period: Jan 24-Jan 30

Click for more information

 

Latest "Trade, Spin, Win" Offers $3,000,000 worth of Hot Tokens, NFTs, Primelist Allocation and More for Grabs

Event Period: 16:00 (UTC) Jan 20 – 16:00 (UTC) Feb 13, 2022

Click for more information

 

>HTX Earn < 

Enjoy Up to 200% APY on GARI with HTX Earn

Launch Time: 12:00 (UTC) on Jan 20, 2022

End Time: 12:00 (UTC) on Jan 27, 2022

Click for more information

 

>Mining Pool<

HTX Launches Zilliqa(ZIL) Staking

Launch Time: 10:00 (UTC) on Jan 20, 2022

Click for more information

 

3. Market Movers

Cryptocurrency Last Week’s Closing Price (USDT) Weekly Change
GARI 0.38831500 94.16%
ZJLT 0.00010659 86.26%
ELS 5.89080000 44.47%
SKM 0.00236800 34.01%
PRO 3.05557448 23.01%
WXT 0.00465000 19.05%
MEE 0.00091992 12.33%
PC 0.00000353 11.82%
ABT 0.17050000 7.84%
18T 0.00074096 4.53%

 

4. Operating Metrics

Security incidents 0
# Of launched products 4
Contracts trading volumes  27.16 billion
Spot trading volumes 17.14 billion
On-chain user balances 11.83 billion

Trading Volumes & On-chain Balances Chart

Industry TrendsMain Projects Trends:

Vitalic Buterin: analysis shows that EIP-1559 significantly reduces delays in transaction confirmation.

Polkadot smart contracts platform Astar Network launched.

EOS founder BM returns and works on EOS development.

MetaMask launches developer version of 'MetaMask Flask'.

Twitter launches NFT avatar feature.

Football star Neymar buys BAYC NFT and replaces it with a Twitter avatar.

LooksRare 7-day trading volume exceeds US$3.9 billion.

HTX Research Institute Analysis

The reduction of delay in transaction confirmation is a welcome development, but it will not change the status Ethereum as an "expensive chain". The current high Gas fee of Ethereum is forcing users to choose other cheaper public chains, which is why L2 projects and new public chains are exploding. For Ethereum and Vitalic, zkRollup and the future of sharding are the fundamental solutions to lower Gas fees.

 

International industry trends.

The Federal Reserve released a central bank digital currency white paper, “​​Money and Payments: The U.S. Dollar in the Age of Digital Transformation”.

Microsoft is buying Activision Blizzard for $68.7 billion to gain access to blockbuster games. 

The “national cryptocurrency” of Iran will enter its pilot stage soon.

a16z plans to launch a new fund to invest in cryptocurrencies with $4.5 billion.

HTX Research Institute Analysis

There have always been two voices in US, issuing CBDCs and promoting stablecoin innovation by companies. With US relying more on innovative companies like Tesla and spaceX for its strength, stablecoin innovation might be a better way to take.

HTX Research Institute Analysis

GameFi games can't stay on cards and web forever, and Activision Blizzard's game development capabilities are certainly capable of producing 3A-level GameFi game masterpieces.

 

Regulations:

Indian Prime Minister Narendra Modi called for global cooperation to tackle the challenges posed by cryptocurrencies.

Spanish National Securities Market Commission imposes restrictions on cryptocurrency promotion activities.

Russian Central Bank proposes to ban the use of cryptocurrencies and crypto-mining activities in Russia.

Turkey: aims to regulate cryptocurrencies but not ban them.

HTX Research Institute Analysis

Cryptocurrencies are not backed by the credit of any national entity, but cryptography and computer technology. In this respect, the creation of cryptocurrencies is part of the process of "globalization", which can only be slowed down, not stopped. Any attempt by a country to stem the tide of "globalization" is ultimately ineffective, as the statement by Indian Prime Minister Narendra Modi demonstrates in reverse.

 

6. Weekly Blockchain Deals

HTX Research Institute Analysis:

The Blockchain investing and financing deals over this week reached 42 in total, or 120 million USD in valuation, a significant climb from last week. 
In terms of tracks, the investment and funding were mainly focused on the Gmaefi, Infrastructure and Cefi this week. There were four funding over $100 million: Animoca Brands announcing the completion of a $358 million funding round led by Liberty City Ventures; Rain Financial, crypto trading platform, completed a $110 million Series B round led by Paradigm and Kleiner Perkins; and crypto IRA platform iTrustCapital closes $125 million funding round led by Left Lane Capital; sports and entertainment NFT platform Autograph raises $170 million Series B led by a16z and Kleiner Perkins.

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.

HTX Weekly (01/17-01/23): Microsoft Buys Blizzard: GameFi games can't stay in cards and web forever | HTX