In today’s briefing:
- Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs
- Bitcoin Volatility Matches Nasdaq
Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs
- Being an incumbent and moving in any direction when it comes to Web3 is exceptionally difficult.
- That’s why I always use, to this day, the NBA and Top Shot as a great example of how a simple concept, that requires a blockchain, can succeed in attracting a large scale audience beyond Web3.
- FIFA + Collect is FIFA’s attempt at digital assets in the same format.
Bitcoin Volatility Matches Nasdaq
- Price Movements: Bitcoin falls to its lowest level since 2020 following hot U.S. inflation print but stages modest recovery after.
- Market Liquidity: Coinbase regains dominant BTC-USD market share.
- Derivatives: Open interest on Binance plummets following dramatic price moves.
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