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Top Crypto News Weekly: Latest Happenings in the NFT & Metaverse World

Crypto News Weekly

Did you miss out on the top crypto news throughout the week? Well don’t worry, we have got the top crypto regulation, NFT, and metaverse stories around the globe this week for you.

Read more to know the top crypto news for the week.

Top Crypto News Weekly WrapUp: What happened in the NFT & Metaverse world this week

HSBC has become the first major financial services company to enter The Sandbox Metaverse, following in the footsteps of US-based banking giant JPMorgan, which just launched a lounge in Decentraland. As more financial institutions join the fold, the concept of Metaverse Banking is gaining traction.

MakeMyTrip has devised a strategy to launch NFTs based on India’s captivating landscapes. The funds raised from this event will be utilized to assist projects that promote sustainable tourism in natural areas.

Yuga Labs, the company behind Bored Ape Yacht Club, has acquired CryptoPunks and Meebits, and plans to provide them with intellectual property and commercialization rights. This will help the holders to develop products based on their NFTs in the same manner as Bored Ape owners have.

Weekly Crypto Price Changes

Crypto Price Percentage Change
Bitcoin (BTC) ₹ 31,97,362.01 +2.85%
Ethereum (ETH) ₹ 2,23,218.17 +8.24%

*All prices are latest by 8:30PM, 18 March 2022.

Top Gainers and Losers Today

Top 5 Crypto Gainers  

Crypto Price 7d Percentage Change
Aave (AAVE) ₹ 11,861.05 27.35%
The Graph (GRT) ₹ 31.72 23.59%
THORChain (RUNE) ₹ 591.24 23.38%
Basic Attention Token (BAT) ₹ 64.11 22.52%
Kyber Network (KNC) ₹ 247.56 19.68%

*All prices are latest by 8:30PM, 18 March 2022.

Top 5 Crypto Losers 

Crypto Price 7d Percentage Change
Anchor Protocol (ANC) ₹ 217.71 -24.41%
Mirror Protocol (MIR) ₹ 127.62 -22.58%
Stacks (STX) ₹ 97.4 -18.81%
Terra (LUNA) ₹ 6,606.04 -11.87%
Icon (ICX) ₹ 59.08 -6.62%

*All prices are latest by 8:30PM, 18 March 2022.

Top Global Crypto News Weekly

  1. Bank of Israel Publishes Draft Guidelines for Crypto Deposits. Read Now
  2. Visa to Hire College Students to Develop In-House Crypto Talent. Read Now

Top Metaverse & NFT News of the Week

  1. Bored Ape Yacht Club Acquires CryptoPunks & Meebits. Read Now
  2. MakeMyTrip Launches an NFT Series to Celebrate Indian Tourism. Read Now
  3. JP Morgan and HSBC to Explore Metaverse Banking. Read Now

Total Value Locked in DeFi Jumps

The crypto-economy has increased in value over the last 7 days, with a current market capitalization of $1.82 trillion. In addition, the total value locked (TVL) in decentralized finance (defi) protocols has increased by 1.50% to $204.71 billion. Ethereum has nearly 55.1% percent of the total TVL held in defi, with $112.91 billion.

Top Trending Crypto Hashtag on Twitter this Week

As the Crypto Tax Policy in India is set to take effect from April 1, 2022, the entire Indian crypto community is using the hashtag #ReduceCryptoTax to highlight how the 30% tax rate and lack of deductions would harm the growth of the industry. 

Take a look at Sumit Gupta, CEO of CoinDCX, and Crypto Traders Aditya Singh and Puspendra Kumar’s most recent tweets on the same.

Daily Crypto News Round-Up

  1. Bored Ape Yacht Club creates a crypto token to fund games, events, and merch 
  2. Ukraine’s Zelenskyy signs virtual assets bill into law
  3. DeFi Platform Aave launches Version 3 with Cross-Chain Swaps

NEW COIN LISTING ON COINDCX 

New Coin Price 24hr % Change
Celer Network (CELR) ₹ 2.98 -0.16%
Monero (XMR) ₹ 14,786.02 +1.79%
Anchor Protocol (ANC) ₹ 217.45 -3.52%
Stacks (STX) ₹ 97.34 +0.35%

*All prices are latest by 8:30PM, 18 March 2022.

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