In today’s briefing:
- Sporting Crypto – Dec 5th: The Casino and The Factory
- Bearish Sentiment Hits Binance’s BNB Token
Sporting Crypto – Dec 5th: The Casino and The Factory
- Instead of going on a long rant about why this next iteration of NFTs is important more broadly – let’s contextualise this for the sports industry.
- After all, this is a newsletter called Sporting Crypto.
- The sports industry has seen some pretty amazing things when it comes to Web3.
Bearish Sentiment Hits Binance’s BNB Token
- Price Movements: The tokens for the decentralized derivatives exchanges dYdX and GMX have surged since the collapse of FTX.
- Market Liquidity: Dollar trading volumes for BTC markets dropped to two year lows relative to Tether.
- Derivatives: BNB funding rates dip to their most negative this year.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
