The crypto market experienced significant volatility this week, with Conflux, Pudgy Penguins, and Ethena leading gains, while Pump.fun, Tezos, and Sonic faced declines. Notable events included a whale moving 80,000 BTC and BlackRock's ETH ETF reaching $10 billion in AUM. The market showed resilience despite sharp price swings, with low- and mid-cap tokens dominating both gains and losses, reflecting sector rotation and risk appetite shifts.
This week in crypto saw Tezos, Curve DAO Token, and Ethena lead gains with significant surges, while Pump.fun, Hyperliquid, and Pi experienced notable declines amid market milestones like Bitcoin's all-time high and Ethereum's rise. Major altcoins showed sector traction, but some tokens faced resistance and profit-taking, highlighting a volatile and dynamic market environment.
John Smedley's studio, Distinct Possibility Studios, has raised $30.5 million to develop 'Reaper Actual,' a AAA MMOFPS game built on Etherlink blockchain, aiming to integrate tradeable Web3 assets and support traditional gamers with a focus on community and energy-efficient protocols.
The USA Wrestling world team trials process culminated with Final X presented by Tezos, where the winners of the best 2-of-3 series in all three styles advanced to the 2023 UWW World Championships in Belgrade, Serbia. The event saw several victories for the Nittany Lion WC/Titan Mercury Wrestling Club, including Kyle Dake and Kyle Snyder. Women's freestyle wrestler Adeline Gray also emerged victorious.
