Crypto Weekly Roundup: Winners, Losers, ICOs, and Airdrop Highlights

Dear Readers,

Today's cryptocurrency prices showed a positive trend, signifying renewed investor confidence in the market. The recent uptick suggests that cryptocurrencies are undergoing a recovery phase following a downturn in the previous week. Specifically, the price of Bitcoin increased by 0.53%, reaching $37,372 at the time of this writing. These recent gains have contributed to a 2% increase in Bitcoin's value over the past seven days.

Highlights Of The Week

• Blockchain security firm dWallet Labs reveals vulnerability affecting up to $1 billion in crypto assets, including Ether, Aptos, BNB, and Sui (SUI). 

• The U.S. SEC sues Kraken, alleging commingling of customer funds and failure to register as a securities exchange, broker, dealer, and clearing agency.

• Jesse Powell, co-founder of Kraken, criticizes the SEC after the exchange is sued for alleged securities law violations.

• Consumers file a class-action lawsuit against Apple, accusing the tech giant of conspiring to limit P2P payment options and block crypto technology on iOS payment apps.

• BNB gains over 7% as the U.S. DOJ contemplates a $4 billion settlement with Binance to resolve its investigation, according to Bloomberg.

• Daily transaction fees on Bitcoin surpass Ethereum due to increased Ordinals-related activity on the Bitcoin network.

• Bittrex Global announces plans to wind down operations, starting with the suspension of trading activity on Dec. 4.

• The U.S. Justice Department is in talks with Binance to resolve its investigation, with a potential $4 billion fine, allowing Binance to continue operations in compliance with U.S. laws.

• Tether freezes approximately $225 million worth of USDT as part of a U.S. DOJ investigation into a Southeast Asian human trafficking syndicate.

• Banco Santander's international arm introduces a service enabling clients with Swiss accounts to invest in and trade Bitcoin and Ether.

Top Weekly Gainers

Within the dynamic landscape of cryptocurrency, known for its unpredictable nature, shrewd traders possess the ability to pinpoint weekly frontrunners that present lucrative opportunities for financial expansion. Through adopting a proactive stance and vigilantly tracking market trends and price fluctuations, investors can seize these advantageous moments, potentially reshaping their investment strategies to attain optimal outcomes.

Only1 (LIKE) has shown a substantial surge of 295.21% in the weekly cryptocurrency market, starting from a weekly low price of $0.006098 and reaching its current value of $0.0241. The weekly low volume of $801,355 has been surpassed by the current volume, now standing at $2.45 million. Only1 stands as the inaugural NFT-driven social media platform constructed on Solana, the most scalable blockchain to date.

VisionGame (VISION) has experienced significant growth, with a weekly change of 238.02%. Starting at a modest low price of $0.0009955, VisionGame's current price has risen to $0.003365. The weekly low volume of $179,764 has seen a substantial increase, reaching $1.15 million. VisionGame translates the conventional game publishing experience into the realm of blockchain.

AIOZ Network (AIOZ) also stands out with a notable change of 181.89% in a week, showcasing a transition from a low price of $0.02054 to the current price of $0.0579. AIOZ's volume has been eclipsed by a substantial surge to $8.22 million from $1.06 million. AIOZ Network is a decentralized CDN using our Blockchain. Users pool resources to create a global CDN for streaming, aiming to transform video streaming worldwide.

SKALE (SKL) has exhibited a commendable weekly change of 116.52%, starting from a weekly low price of $0.02918 and reaching the current price of $0.06318. SKALE's weekly low volume of $27.87 million has skyrocketed to an impressive $306.20 million. SKALE, characterized as a modular blockchain network, is crafted to enhance the scalability of Ethereum.

PIVX (PIVX) has demonstrated a solid change of 72.51% in a week, moving from a low price of $0.2226 to its current value of $0.384. PIVX's low volume of $717,489 has expanded to $4.38 million. PIVX, launched on January 30, 2016, is a decentralized blockchain project managed by a community-driven DAO.

Top Weekly Losers

In the consistently turbulent domain of the cryptocurrency market, individuals encounter a blend of weekly champions and those grappling with hardships, all influenced by regulatory shifts, market fluctuations, and unfavorable media attention. While confronting losses can be a challenging ordeal, they serve as a crucial platform for traders and investors to evaluate their strategies, analyze the factors contributing to setbacks, and make informed decisions to guide their future investments towards success.

TokenFi (TOKEN) experienced a notable decline in the past week, with its high price of $0.0334 dropping by 21.8% to the current price of $0.02612. Its trading volume reached $6.80 million. TokenFi has just revealed a new marketing partnership with the Manipal Tigers and the Bhilwara Kings, two prominent cricket teams.

Yearn.finance (YFI) also witnessed a substantial decrease in value, registering a 21.69% drop from $10570 to the current price of $8277. YFI recorded the trading volume of $97.19 million in the last 24 hours. Yearn.finance functions as a decentralized finance (DeFi) aggregator, employing automation to help investors maximize profits through yield farming.

0x Protocol (ZRX) faced a downturn in the past week, with a change of 21.17% from $0.5012 to the current price of $0.3951. The trading volume for 0x Protocol reached $49.51 million. 0x is a protocol enabling seamless trading of ERC20 tokens and various assets across multiple blockchains, including Ethereum, without the need for centralized intermediaries.

Serum (SRM) encountered a decline in its weekly high price from $0.05692 to the current price of $0.0459, reflecting a change of 19.36%. Despite this decrease, the trading volume for Serum remains at $1 million. Serum is a decentralized exchange (DEX) and ecosystem that introduces remarkable speed and low transaction costs to decentralized finance (DeFi).

Terra (LUNA) rounds out the list of top weekly losers with a 17% decrease in value. The cryptocurrency moved from a weekly high price of $0.7472 to the current price of $0.6202, accompanied by a trading volume of $49.11 million. Terra is a public blockchain protocol that originated from Terra Classic, which is the platform for the algorithmic stablecoin TerraClassicUSD (UST).

Hot ICOs to Watch Out For

Active ICOs

Finceptor

Finceptor, with its sale initiated on November 20 and set to conclude on November 23, has raised $1,460,000. Functioning as a multi-chain liquidity and community growth platform, Finceptor focuses on unlaunched and publicly-traded tokens through innovative mechanisms such as liquidity vaults and DeFi bonds.

Cradles

Cradles, currently in the midst of its ICO, initiated sales on November 17 and is set to wrap up on November 22. The project has raised $6,200,000 out of its $6,350,000 fundraising goal. What sets Cradles apart is its pioneering concept as the first time-lapsing metaverse game. It promises a living, breathing virtual world that dynamically evolves, mimicking the laws of time and physics found in the real world.

Manilla Finance

Manilla Finance, in the final stretch of its ICO, which began on September 01 and concludes on November 30, has accumulated $1,100,000 towards its fundraising goal of $4,300,000. Focused on revolutionizing the payment of utility bills using digital currency, Manilla Finance positions itself as a Web 3.0 CeDeFi solution. The project aims to improve the efficiency and security of utility bill payments, showcasing the broader applications of blockchain technology beyond the realm of traditional finance.

Upcoming ICOs

KvantsAI

KvantsAI stands out among upcoming ICOs with a fundraising goal of $1,760,000. Positioned as a Decentralised Asset Management Platform, Kvants.ai aims to democratize access to Quantitative Trading Strategies developed by renowned hedge funds, empowering retail investors in the process.

GMatrixs

Another notable ICO is GMatrixs, which is slated to commence its sale in November with a fundraising target of $6,500,000. GMatrixs distinguishes itself as the pioneer technology-focused Web3.0 integrated service eco-platform in the GameFi space.

Metapotamians

Lastly, Metapotamians, with a fundraising goal of $970,000, emerges as a WEB 3.0 project offering digital services within a unique universe. This initiative has garnered support from organizations affiliated with Turkey's largest companies in the metaverse and NFT field, positioning it as a project to watch in the evolving blockchain ecosystem.

Ended ICOs

BitGain

BitGain's ICO, which commenced on November 10 and concluded on November 19, garnered a $240,000. BitGain distinguishes itself as an ecosystem intertwining AI-powered security, metaverse integration, an NFT marketplace, decentralized applications (Dapp), and a secure wallet.

MultiBit

MultiBit, on the other hand, initiated its sale on November 12 and closed on November 15, accumulating $150,000. The project focuses on streamlining the token transfer process between Bitcoin's BRC20 and EVM networks, facilitating efficient cross-network transactions.

Propbase

Propbase, which commenced its sale on November 3 and concluded on November 10, not only exceeded its fundraising goal of $180,000 but also raised a noteworthy sum of $230,000. Propbase stands out as a blockchain-based property transaction marketplace, catering to investment properties in sought-after global destinations.

Hottest Airdrops

Koinpark

• Download Koinpark app on Android or IOS.

• Sign up to receive 500,000 BTTC and 100,000 SHIB.

• Earn 25,000 SHIB for each successful referral.

• Complete KYC and phone verification for two mystery boxes.

• Deposit and engage in KPK coin trading for two more mystery boxes.

• Open mystery boxes for crypto rewards (BTC, ETH, DOGE, KPK, XRP, etc.).

• Check the airdrop page for more information.

LayerZero

• Go to LayerZero X Aptos Bridge.

• Connect your wallet.

• Bridge assets with Aptos.

• Explore dApps like Bitcoin Bridge, Stargate Bridge, Aptos Pancake Bridge, Pontem LiquidSwap Bridge, and Metis Bridge.

• Staking "STG" on Stargate might qualify you for an airdrop (available on Binance).

• LayerZero may launch its token in the future.

• Users of LayerZero dApps may get a speculative airdrop if they launch their token, though it's not guaranteed.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,
Crypto Recorder Team

P.S Got a question, suggestion or general feedback? Feel free to reply to this email. I'll get back to you asap!