Hey all,
Welcome back to Collective Shift’s Weekly Crypto Round-Up for Friday, February 11.
In case you were distracted by the crypto bounce this week…
We launched our new NFT Portfolio under “Our Investments ” where you can see what projects we’re investing in and receive same-day alerts when we buy or sell.
As always, make sure to follow us across our channels to keep up-to-date with the latest news and announcements: Twitter, YouTube , Facebook , Website, Discord .
Anyway, let’s get right into this week in crypto and the latest from Collective Shift! � � The Week In Crypto
Cryptocurrency markets bounce, surge above $2.1T market cap : BTC and ETH have bounced strongly after a rough start to 2022. Both are +20% in the last 7 days.
Aave team debuts new social media protocol ‘Lens’ : Lens aims to be an open and composable Web3 social media app and has been deployed to testnet on Polygon.
GameStop partners with Immutable to launch $100M joint fund for gaming NFTs : The partnership will also see GameStop launch its upcoming NFT marketplace on Immutable X’s scaling platform.
U.S government seizes $3.6B in BTC : The bitcoin was tied to the 2016 Bitfinex hack.
Polygon raises $450M in private token sale : The polygon sale was led by Sequoia Capital India and participated in by SoftBank, Galaxy Digital and 40 others.
BlackRock could begin to offer crypto trading, source say : BlackRock’s clients could reportedly be able to trade crypto-assets through the firm’s Aladdin investment platform. BlackRock is one of the world’s largest asset managers.
Jump Crypto replenishes $320M ETH lost in Wormhole exploit : The entity is the VC firm that developed the Wormhole network—ensuring users can exchange ETH-wETH for the intended 1:1 ratio. The exploit was the 4th-largest in the crypto industry’s history.
Russia reportedly set to recognise crypto as a form of currency : The government and its central bank appear to have reached an agreement to draft legislation to recognise cryptocurrency—a significant reversal of last months proposed bans.
KPMG Canada adds bitcoin, ether to balance sheet : It made its first undisclosed allocation of crypto-assets to its corporate treasury—also outlining a desire to build out capabilities across DeFi, NFTs and the metaverse. No alt text provided for this image � Bitcoin Surges, Markets Reverse
Head of Research & Content Matt was back with the latest Macro & Crypto Update. � Checkmate Joins The Channel, Macro Impact on Bitcoin & Volatility
On-chain analyst Checkmate joined Ben to discuss the latest Bitcoin on-chain activity, macroeconomic conditions, the outlook for NFTs and more � Storyverse Highlights This Week’s Project Discovery Call
The Project Discovery series keeps you at the forefront of the Web3 and crypto industry—through the exploration of new projects discovered this week. � HODLrers Remain: Inside This Week’s Free Article
This week’s free Team Insight saw Checkmate dive into liveliness metrics—with supply metrics showings HODLers are not leaving their coins.Read the full Team Insight in your inbox or at this link on our Website. �Best From The Collective Shift Community NFT Talk Heats Up In The Collective Shift Crypto Community (CSCC) A member shared their thoughts on the NFTs they’re currently invested in and reached out to the community for their opinion on the listed projects. Gaming Ecosystem Round-Up in the CS Discord A fantastic post in the #gaming channel saw a member post an extensive round-up of the hottest gaming news so far in 2021. � Announcements The NFT Portfolio is a collection of prospective blue-chip non-fungible tokens (NFTs) that Collective Shift has invested in with a medium to long-term focus.We’re excited for you to follow along in the NFT journey!Pro members can find the NFT Portfolio under the “Our Investments” tab. �Wrap Up Thank you for your early support of this new newsletter! We encourage feedback from members like you and want to hear the things you like, don’t like or want to see here in the future. DISCLAIMER: We are not Financial Advisors. All opinions expressed by Collective Shift and its representatives are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided is general in nature and does not take into account the viewers specific circumstances. Collective Shift and its representatives are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from this email. […]
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