Web3, Blockchain & Crypto Weekly Reports

weekly report

The post Web3, Blockchain & Crypto Weekly Reports appeared first on Coinpedia Fintech News

Welcome to your go-to source for all things Web3, Blockchain and Crypto! Our Weekly report dives into the freshest updates and game-changing developments in the fast-paced world. We curate the best data from trusted sources to keep you ahead of the curve. Ready to stay informed and inspired? Let’s explore the latest trends and insights together! 

1. Web3, Blockchain & Crypto Breaking News This Week

Here are this week’s major breaking news reports, related to the Web3, Blockchain and crypto world, that you should never miss. 

  • NY Attorney General Sues Crypto Companies for Fraud 

New York Attorney General Letitia James sues NovaTechFx and AWS Mining, alleging illegal pyramid schemes that defrauded over 11,000 individuals and investors, causing losses exceeding a billion dollars in cryptocurrency.

  • Creditors Object to FTX Reorganisation Plan 

Creditors of bankrupt cryptocurrency exchange FTX object to its reorganisation plan, citing issues with property rights, the best interest test, and inconsistent debtors liquidation analysis. The objection was highlighted by FTX creditor activist Sunil Kavuri.

  • Andrew Tate’s Meme Coins Disrupt Solana Market 

Andrew Tate-inspired meme coins trend on DEXScreener, quickly amassing hundreds of millions of dollars. Tate confirms his attempt to crash Solana, causing chaos in the crypto market.

  • SEC Chair Gensler Delays Spot Ethereum ETFs

SEC Chair Gray Gensler raises concerns over unethical conduct in crypto exchanges. He maintains in a recent interview that the introduction of spot Ethereum ETFs will need more time. 

  • Cardano Founder Defends Network’s Fundamentals 

Cardano founder Charles Hoskinson refutes claims of weak fundamentals, criticising media for negative portrayals. He asserts that Cardano’s progress contrasts starkly with the media’s depiction.

  • Robinhood to Acquire Bitstamp for $200 Million 

Trading platform Robinhood plans to buy cryptocurrency exchange Bitstamp in an all-cash deal valued at $200 million. The acquisition aims to expand Robinhood’s crypto presence and attract institutional clients.

  • Lawmakers Urge Biden to Help Detained Binance Executive 

U.S. lawmakers call on President Joe Biden to intervene in the detention of Tigran Gambaryan, a Binance executive held by Nigerian authorities for nearly three months. They demand immediate action, treating it as a hostage crisis.

  • Thailand Approves First Bitcoin ETF for Wealthy Investors 

Thailand’s SEC approves One Asset Management to launch the country’s first Bitcoin ETF, available exclusively to wealthy and institutional investors. The ETF invests in 11 prominent global funds.

  • Bitpanda and Deutsche Bank Partner for Real-Time Payments 

Austrian crypto broker Bitpanda partners with Deutsche Bank to enable real-time payment solutions in Germany. Through API integration, Bitpands will access German IBAN accounts, streamlining user transactions.

  • Watford FC Offers Equity on Crypto Platforms 

Watford Football Club plans to sell 10% of its equity to investors, including fans, via crypto and startup investment platforms Republic and Seedrs. This initiative aims to engage supporters and raise funds.

  • Americans Turning to Bitcoin Amid Geopolitical Tensions 

A Harris Poll survey, funded by Bitcoin ETF issuer Grayscale, shows increasing numbers of American voters considering Bitcoin as a hedge against geopolitical tensions and inflation. One in three voters will consider candidates’ stances on cryptocurrencies.  

2. Blockchain Weekly Analysis 

The blockchain weekly analysis primarily covers the blockchain dominance analysis and the blockchain 7-day change analysis. In order to bring more clarity, the Layer 1 chains and Layer 2 chains are analysed separately. 

2.1. Blockchain Dominance Analysis 

Ethereum, TRON, BNB Smart chain, Solana, and Arbitrum One are the top five blockchains as per dominance and TVL.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  1:59 AM (GMT-4)]

Blockchains  Dominance  TVL
Ethereum  64.07% $66,389,145,462
TRON 8.38% $8,681,768,450
BNB Smart Chain 5.64% $5,840,828,974
Solana 4.61% $4,774,373,036
Arbitrum One 3.08% $3,190,925,020
Others 14.22%

Among the top five chains, Ethereum dominates with 64.07%. TRON and BNB Smart Chain follow with 8.38% and 5.64%, respectively. Ethereum marks a TVL of $66,389,145,462. TRON and BNB Smart Chain record $8,681,768,450 and $5,840,828,974 TVL, respectively.    

2.1.1. Top Five Layer 1 Chains By Dominance  

Ethereum, BNB Smart Chain, Solana, Bitcoin and Avalanche are the top five Layer 1 Blockchains by dominance and TVL. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:07 AM (GMT-4)]

Layer 1 Blockchains  Dominance  TVL
Ethereum 81.13% $66,329,231,344
BNB  7.08% $5,784,982,113
Solana 5.85% $4,781,612,203
Bitcoin  1.46% $1,193,274,320
Avalanche  1.08% $886,652,239
Others  3.40%

Among the top five Layer 1 chains, Ethereum dominates with 81.13%. BNB and Solana follow with 7.08% and 5.85%, respectively. Ethereum has the highest TVL of $66,329,231,344. BNB and Solana follow with $5,784,982,113 and $4,781,612,203, respectively.    

2.1.2. Top Five Layer 2 Chains By Dominance 

Arbitrum One, Blast, Base, Polygon POS, and Optimism are the top five Layer 2 Blockchains on the basis of dominance and Total Value Locked. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:10 AM (GMT-4)]

Layer 2 Blockchains  Dominance  TVL
Arbitrum One 28.72% $3,185,688,673
Blast 20.47% $2,270,612,614
Base 15.73% $1,744,364,297
Polygon POS 8.80% $976,541,196
Optimism 7.53% $834,930,260
Others 18.75%

Among the top five Layer 2 chains, Arbitrum has the highest dominance of 28.72%. Blast and Base closely follow with 20.47% and 15.73%, respectively. Arbitrum One has the highest TVL of $3,185,688,673. Blast and Base follow with $2,270,612,614 and $1,744,364,297, respectively.  

2.2. Blockchain 7-Day Change Analysis

Let’s analyse the top five Layer 1 chains using the 7-day change index. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:21 AM (GMT-4)]

Layer 1 Blockchains  7-Day Change 
Ethereum +2.8%
BNB  +8.0%
Solana -0.2%
Bitcoin  +3.2%
Avalanche  -5.0%

Among the Layer 1 blockchains, at least three show positive 7-day change. BNB marks the highest change of +8.0%. Bitcoin and Ethereum follow with +3.2% and +2.8%, respectively. Conversely, Avalanche displays a negative change of -5.0%, and Solana registers a minimal negative change of -0.2%. 

Let’s analyse the top five Layer 2 chains using the 7-day change index. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:23 AM (GMT-4)]

Layer 2 Blockchains  7-Day Change 
Arbitrum One +3.1%
Blast +2.0%
Base +1.7%
Polygon POS +2.8%
Optimism +0.3%

All the Layer 2 blockchains show a positive 7-day change. Arbitrum One records the highest change of +3.1%. Polygon POS and Blast closely follow with +2.8% and +2.0%, respectively. Base registers a change of +1.7%, and Optimism reports a minimal positive change of +0.3%.  

Also Read: Blockchain Monthly Report For May 2024: All You To Need To Know To Stay Ahead

3. Cryptocurrency Weekly Analysis 

The cryptocurrency weekly analysis covers a wide range of analysis from the general cryptocurrency market cap analysis and the top gainers and losers analysis to the Stablecoin, Memecoin, AI Coins and Metaverse Coins analysises.  

3.1. Top Cryptocurrency Categories By Market Cap 

Layer 1 (LI), Smart Contract Platform, Andreessen Horowitz Portfolio, Multicoin Capital Portfolio, and Alameda Research Portfolio are the top five cryptocurrency categories by Market Cap. The Layer 1 (L1) category, with $2,189,424,328,641 market cap, is the one with the highest market cap. The Smart Contract Platform category follows with a $797,526,071,177 market cap.      

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:28 AM (GMT-4)]

Crypto Categories  Market Cap  7-Day Change 
Layer 1 (L1) $2,189,424,328,641 +4.4%
Smart Contract Platform $797,526,071,177 +4.2%
Andreessen Horowitz (a16z) Portfolio $629,913,218,767 +1.8%
Multicoin Capital Portfolio $585,970,584,300 N/A
Alameda Research Portfolio $576,269,672,044 +2.0%

All the major crypto categories show a positive 7-day change. Layer 1 (L1) has the highest 7-day change of +4.4%. Smart Contract Platform closely follows with +4.2%. Alameda Research Portfolio and Andreessen Horowitz (a16z) Portfolio report +2.0% and +1.8%, respectively.     

Base Meme, PolitiFI, Cat-Themed, Frog-Themed, Strategy Games, and Internet of Things (IOT) are the top six trending categories this week.    

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Trending Categories  Market Cap 
Base Meme $2,460,016,190
PolitiFI $1,703,469,186
Cat-Themed  $2,673,450,848
Frog-Themed  $8,415,191,190
Strategy Games $257,276,851
Internet of Things (IOT) $7,455,301,823

Among the trending categories, the Frog-Themed category has the highest market cap of $8,415,191,190. The category of Internet of Things (IOT) follows closely with $7,455,301,823. Conversely, Strategy Games has the lowest market cap of $257,276,851.          

3.2. Top Cryptocurrencies By Market Cap 

Bitcoin, Ethereum, Tether, BNB, and Solana are the top five cryptocurrencies by market cap. Bitcoin has the highest market cap of $1,403,190,110,920. Etheruem follows with a market cap of $457,933,361,461. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Cryptocurrencies  Market Cap  7-Day Change 
Bitcoin $1,403,190,110,920 +4.0%
Ethereum $457,933,361,461 +1.8%
Tether  $112,281,133,223 -0.0%
BNB $108,568,348,855 +19.1%
Solana $79,127,150,522 +3.5%

All the major cryptos show a positive 7-day change. BNB records the highest 7-day change of +19.1%. Bitcoin and Solana follow with +4.0% and +3.5%, respectively. Ethereum registers a change of +1.8%. 

MANTRA, GALA, MAGA Hat, Planet IX, and OctaSpace are the most trending cryptocurrencies at the time of preparing this analysis.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:46 AM (GMT-4)]

Trending Cryptocurrencies  Market Cap
MANTRA $779,386,388
GALA $1,600,024,761
MAGA Hat $109,068,843
Planet IX $50,344,685
OctaSpace $57,007,169

Among the trending cryptos, GALA has the highest market cap of $1,600,024,761. MANTRA and MAGA Hat follow with $779,386,388 and $109,068,843, respectively. Conversely, Planet IX, with $50,344,685, has the lowest market cap. OctaSpace follows with $57,007,169.              

3.2.2. Top Gainers & Losers This Week 

GME, Basenji, Undeads Games, Beercoin and Base God are the top gainers of the week as per the 7-day gain index.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:50 AM (GMT-4)]

Top Gainers  7-Day Gain
GME 647.2%
Basenji +248.7%
Undeads Games +225.2%
Beercoin +177.4%
Base God +91.2%

GME has the highest 7-day change of 647.2%. Basenji and Undeads Games follow with +248.7% and +225.2%, respectively. Beercoin and Base mark +177.4% and +91.2% 7-day gain, respectively.  

Lifeform, NEM, Waves, OMG Network and MANEKI are the top losers of the week as per the 7-day loss index.   

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:55 AM (GMT-4)]

Top Losers  7-Day Loss
Lifeform -44.0%
NEM -39.8%
Waves -39.3%
OMG Network -36.6%
MANEKI -33.2%

Lifeform has the highest 7-day loss of -44.0%. NEM and Waves follow with -39.8% and -39.3%, respectively. OMG Network and MANEKI register -36.6% and -33.2%, respectively.  

3.3. Top Stablecoins Analysis 

Tether, USDC, Dai, Ethena USDe, and First Digital USD are the top five stablecoins as per market cap.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:07 AM (GMT-4)]

Stablecoins  Market Cap
Tether $112,456,988,338
USDC $32,559,591,922
Dai $5,261,827,701
Ethena USDe $3,233,199,303
First Digital USD $2,951,621,799

Among the top stablecoins, Tether has the highest market cap of $112,456,988,338. USDC follows with a $32,559,591,922 market cap. Dai and Ethena USDe register $5,261,827,701 and $3,233,199,303 market cap, respectively. First Digital USD records a market cap of $2,951,621,799.      

Also Check Out: Stablecoin Performance and Analysis May Update: An In-depth Monthly Report  

3.4. Top Memecoins 7-Day Change Analysis 

Dogecoin, Shiba Inu, Pepe, dogwifhat, and FLOKI are the top five Memecoins as per market cap. Dogecoin has the highest market cap of $23,353,726,020. Shiba Inu and Pepe follow with $14,896,831,815 and $6,061,873,304 market cap, respectively. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:09 AM (GMT-4)]

Memecoins  Market Cap  7-Day Change 
Dogecoin $23,353,726,020 +1.3%
Shiba Inu $14,896,831,815 -2.2%
Pepe $6,061,873,304 -1.0%
dogwifhat $3,294,724,391 -2.9%
FLOKI $3,012,737,598 +25.0%

Among the top Memecoins, only two coins show a positive 7-day change. FLOKI reports an impressive 7-day change of +25.0%. Dogecoin follows with a minimal change of +1.3%. Conversely, dogwifhat and Shiba Inu report -2.9% and -2.2% change, respectively. Pepe marks a minimal negative change of -1.0%.  

3.5. Top AI Coins 7-Day Change Analysis 

NEAR Protocol, Internet Computer, Fetch.ai, Render, and Bittensor are the top five AI Coins as per market cap. NEAR Protocol has the highest market cap of $8,044,387,303. Internet Computer and Fetch.ai closely follow with $5,588,676,977 and $5,137,865,736 market cap, respectively.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:14 AM (GMT-4)]

AI Coins  Market Cap  7-Day Change 
NEAR Protocol $8,044,387,303 +2.1%
Internet Computer $5,588,676,977 +1.7%
Fetch.ai $5,137,865,736 -6.5%
Render  $4,046,994,329 +3.8%
Bittensor  $2,929,555,949 +9.8%

Among the top AI coins, only one shows a negative 7-day change; Fetch.ai displays a change of -6.5%. Bittensor has the highest 7-day positive change of +9.8%. Render, NEAR Protocol and Internet Computer follow with +3.8%, +2.1% and +1.7%, respectively. 

3.6. Top Metaverse Coins 7-Day Change Analysis 

Render, FLOKI, Axie Infinity, The Sandbox, and Decentraland are the top five Metaverse Coins on the basis of market cap. Render has the highest market cap of $4,042,207,103. FLOKI, Axie Infinity, and The Sandbox closely follow with $3,007,267,903, $1,222,799,895, and $1,066,651,856 market cap, respectively. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:18 AM (GMT-4)]

Metaverse Coins  Market Cap  7-Day Change 
Render $4,042,207,103 +3.9
FLOKI $3,007,267,903 +24.9
Axie Infinity  $1,222,799,895 +13.7
The Sandbox $1,066,651,856 +8.4
Decentraland  $878,198,238 +6.4

All the top Metaverse Coins show a positive 7-day change. FLOKI shows the highest 7-day change of +24.9%. Axie Infinity and The Sandbox follow with +13.7% and +8.4%, respectively. Decentraland and Render report +6.4% and +3.9%, respectively. 

4. Crypto ETF Weekly Analysis 

The crypto ETF weekly analysis covers Bitcoin Spot ETFs, Bitcoin Futures ETFs, and Ethereum Futures ETFs. 

4.1. Bitcoin Spot ETF Price Change Analysis 

GBTC, IBIT, FBTC, ARKB and BITB are the top five Bitcoin Spot ETFs based on Asset Under Management. GBTC marks the highest AUM of $24.33B. IBIT closely follows with an AUM of $17.24B. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:24 AM (GMT-4)]

Bitcoin Spot ETFs Price  Change  AUM
Grayscale (GBTC) $62.63 -1.14% $24.33B
BlackRock (IBIT) $40.16 -1.25% $17.24B
Fidelity (FBTC) $61.65 -1.17% $9.90B
Ark/21 Shares (ARKB) $70.47 -1.19% $2.85B
Bitwise (BITB) $38.43 -1.18% $2.16B

Among the top Bitcoin Spot ETFs, none show a positive change. IBIT displays the highest negative change of -1.25%. ARKB and BITB follow with -1.19% and -1.18%, respectively. FBTC and GBTC report -1.17% and -1.17%, respectively. 

4.2. Bitcoin Futures ETF Price Change Analysis 

BITO, XBTF, BTF, BITS, and ARKA are the top five Bitcoin Futures ETFs as per Asset Under Management. BITO has the highest AUM of $598.78M. XBTF follows with $42.41M AUM. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:30 AM (GMT-4)]

Bitcoin Futures ETFs Price  Change  AUM
ProShares (BITO) $26.64 -1.22% $598.78M
VanEck (XBTF) $39.22 +0.33% $42.41M
Valkyrie (BTF) $21.54 -1.73% $38.20M
Global X (BITS) $72.36 +1.94% $26.10M
Ark/21 Shares (ARKA) $67.42 -0.69% $8.01M

Among the Bitcoin Futures ETFs, at least two ETFs show a positive change; BITS and XBTF mark +1.94% and +0.33%, respectively. Conversely, BTF has the highest negative change of -1.73%. BITO and ARKA follow with -1.22% and -0.69%, respectively. 

4.3. Ethereum Futures ETF Price Change Analysis 

BITW, BTF, EFUT, and EETH are the top four Ethereum Futures ETFs based on Asset Under Management. BITW has the highest AUM of $478.00M. BTF follows with $25.93M AUM.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  3:33 AM (GMT-4)]

Ethereum Futures ETFs Price  Change  AUM
Bitwise (BITW) $38.00 -0.52% $478.00M
Valkyrie (BTF) $21.54 -1.73% $25.93M
VanEck (EFUT) $29.27 -1.96% $7.84M
ProShares (EETH) $79.92 -2.31% $6.43M

Among the Ethereum Futures ETFs, none show a positive change. EETH reports the highest negative change of -2.31%. EFUT and BTF follow with -1.96% and -1.73%, respectively. BITW has the lowest negative change of -0.52%. 

5. DeFi Protocols Weekly Analysis 

Lido, EigenLayer, AAVE, Maker and JustLend are the top five DeFi protocols as per Total Value Locked. Lido marks the highest TVL of $36.411B. EigenLayer and AAVE follow with $19.995B and $13.17B, respectively. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024, 3:54 AM (GMT-4)]

DeFi Protocols TVL 7-Day Change 
Lido $36.411B +2.33%
EigenLayer $19.995B +7.78%
AAVE $13.17B +2.14%
Maker $8.685B -1.93%
JustLend $6.834B +3.87%

Among the top DeFi protocols, only one DeFi Protocol marks a negative 7-day change; Maker reports a change of -1.93%. Conversely, EigenLayer records the highest positive change of +7.78%. Lido and AAVE register +2.33% and +2.14%, respectively.  

6. Crypto Exchange Weekly Analysis 

6.1. Top Crypto Centralised Exchanges 

Binance, Coinbase Exchange, Bybit, WhiteBIT, and OKX are the top five crypto centralised exchanges on the basis of Monthly Visits. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:05 AM (GMT-4)]

Crypto Centralised Exchanges Monthly Visits  Trust Score 
Binance  75.3M 9/10
Coinbase Exchange  46.3M 10/10
Bybit 31M 10/10
WhiteBIT 24.8M 8/10
OKX 24.1M 10/10

Among the top crypto centralised exchanges, Binance marks the highest number of monthly visits of 75.3M. Coinbase Exchange and Bybit follow with 46.3M and 31M, respectively. WhiteBIT and OKX report 24.8M and 24.1M, respectively. At least three of these exchanges have a trust score of 10/10. Binace displays a trust score of 9/10 and WhiteBIT showcases a low trust score of 8/10. 

6.2. Top Crypto Decentralised Exchanges 

Jupiter, Uniswap V3 (Ethereum), Cellana Finance, Orca and Raydium are the top five crypto decentralised exchanges on the basis of Market Share by Volume.   

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:10 AM (GMT-4)]

Crypto Decentralised Exchanges % Market Share by Volume 24-Hour Volume 
Jupiter 17.1% $1,149,791,066
Uniswap V3 (Ethereum) 10.2% $682,342,003
Cellana Finance  9.9% $667,582,096
Orca 8.1% $547,149,993
Raydium 7.6% $509,121,014

Among the top crypto decentralised exchanges, Jupiter marks the highest market share by volume of 17.1%. Uniswap V3 (Ethereum) and Cellana Finance follow with 10.2% and 9.9%, respectively. Orca and Raydium report 8.1% and 7.6%, respectively.   

6.3. Top Crypto Derivative Exchanges 

Binance (Futures), Bybit(Futures), Bitget Futures, Deepcoin (Derivatives), and CoinW (Futures) are the top five crypto derivative exchanges by 24-hour open interest. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:13 AM (GMT-4)]

Crypto Derivative Exchanges 24-Hour Open Interest  24-Hour Volume 
Binance (Futures) $23,143,639,948 $42,813,327,442
Bybit (Futures) $14,867,114,072 $14,525,475,077
Bitget Futures $11,883,227,811 $12,496,493,865
Deepcoin (Derivatives) $11,301,142,708 $6,307,084,013
CoinW (Futures) $9,527,049,814 $14,842,040,489

Among the crypto derivative exchanges, Binance (Futures) has the highest open interest of $23,143,639,948. Bybit (Futures) and Bitget Futures follow with $14,867,114,072 and $11,883,227,811, respectively. Deepcoin (Derivatives) and CoinW (Futures) mark $11,301,142,708 and $9,527,049,814 open interest, respectively.               

7. NFT Marketplace Weekly Analysis 

Blur, Blur Aggregator, Gem, Opensea, and X2Y2 are the top five NFT Marketplaces by Market Share. Blur has the highest market share of 80.09%. Blur Aggregator and Gem follow with 18.56%% and 0.40% market share respectively. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  4:16 AM (GMT-4)]

NFT Marketplaces  Market Share Volume Change (Change of last 7-D Volume over the Previous 7-D Volume) 
Blur 80.09% -18.53%
Blur Aggregator 18.56% -30.57%
Gem 0.40% -46.52%
Opensea 0.38% -34.32%
X2Y2 0.22% -72.89%

Among the top NFT marketplaces, none share a positive volume change. X2Y2 has the highest negative change of -72.89%. Gem follows with -46.52% volume change respectively. Opensea and Blur Aggregator report -34.32% and -30.57%, respectively. Blur records a comparative lower negative volume change of -18.53%.  

7.1. Top NFT Collectibles This Week 

5df669f8cd2889, 5883d5e7b81bb0d2, CryptoPunks #1002, CryptoPunks #9570, and CryptoPunks #1333 are the top NFT collectibles based on Price. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

NFT Collectibles  Price 
5df669f8cd2889 $219,102.49
5883d5e7b81bb0d2 $209,232.03
CryptoPunks #1002 $193,371.84
CryptoPunks #9570 $166,974.73
CryptoPunks #1333 $151,344.23

5df669f8cd2889 marks the highest price of $219,102.49. The NFT collective of 5883d5e7b81bb0d2 follows with $209,232.03. CryptoPunks #1002, CryptoPunks #9570, and CryptoPunks #1333 record $193,371.84, $166,974.73, and $151,344.23, respectively.            

8. Web3, Blockchain & Crypto Funding Analysis 

8.1. Crypto Fundraising Trend 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Week Funds Raised  Number of Fundraising Rounds 
Jun 3 – 9, 2024 $402.43M 26
May 27 – June 2, 2024 $351.10M 37

This week, the crypto sector has so far raised nearly $402.43M, higher than the previous year’s value of $351.10M. 

8.2. Most Active Investors This Week 

Hashkey Capital, Animoca Brands, The Spartan Group, Foresight Ventures, and GSR are the most active investors this week, based on the number of deals.   

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Investors (or Fund’s Name)  Deals (June 2 – 8, 2024) Investments  Lead Investments 
Hashkey Capital  4 4 0
Animoca Brands 4 2 2
The Spartan Group  3 3 0
Foresight Ventures  3 3 0
GSR 3 3 0

Hashkey Capital and Animoca Brands mark 4 deals each. Hashkey Capital has no lead investments, but Animoca Brands has two. The Spartan Group, Foresight Ventures and GSR report 3 deals each, but none register a lead investment.  

8.3. Crypto Fundraising By Category 

Blockchain Infrastructure, Blockchain Services, CeFi, Chain, DeFi, GameFi, Meme, Social and Stablecoins are the categories raised funds this week. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Category  Number of Fundraising Rounds (June 3 – 9, 24)  Funds Raised 
Blockchain Infrastructure 5 $21.00M
Blockchain Services 2 $12.00M
CeFi 2 $218.75M
Chain 2 $58.00M
DeFi  2 $35.00M
GameFi 8 $35.08M
Meme 1 $5.00M
Social  3 $9.60M
Stablecoin  1 $8.00M

The category of CeFi records the highest fund raised of $218.75M. Chain, GameFi and DeFi follow with $58.00M, $35.08M and $35.00M. Blockchain Infrastructure registers $21.00M. Conversely, the category of Meme marks the lowest fund raised of $5.00M. 

8.4. Top Crypto Investment Locations 

Apart from the undisclosed category, the UK, the US, Singapore, Estonia and the UAE are the top crypto investment locations, on the basis of funds raised.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Investment Location  Funds Raised (June 1 – 8, 2024)  Funds Raised % Number of Rounds 
The United Kingdom  $200.00M 49% 1
Undisclosed  $138.38M 34% 14
The United States  $32.00M 8% 6
Singapore  $28.75M 7% 2
Estonia  $3.30M 1% 1
The UAE $3.00M 1% 2

The United Kingdom reports the highest fund raised of $200.00M. The undisclosed category follows with an overwhelming $138.38M fund raised. The US and Singapore showcases $32.00M and $28.75M, respectively. Estonia records $3.30M and the UAE $3.00M. 

8.5. Most Active Crypto VC Jurisdictions 

The US, Singapore, China, the UK, Switzerland, and the UAE are the most active crypto venture capital jurisdictions.  

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Crypto VC Jurisdiction  Number of Projects (June 1 – 8, 2024)
The USA 47
Singapore  15
The UK 8
Seychelles 5
South Korea  4
China  3

The USA shows the highest number of projects of 47. Singapore follows with 15 projects. The UK marks eight projects and Seychelles displays 5 projects. South Korea and China record 4 and 3, respectively. 

9. Web 3, Blockchain & Crypto Hack Updates 

The total value hacked is $8.21B. The total value hacked in DeFi is $5.97B, and total value hacked in Bridges is $2.83 billion. 

[Data Collected (Day, Date & Time): Friday, 7th June, 2024,  2:44 AM (GMT-4)]

Total Value Hacked  $8.21B

Total Value Hacked in DeFi$5.97BTotal Value Hacked in Bridges $2.83B

Project Name  Amount Lost  Date 
Velocore $6.8M 2 June, 2024

Velocore, the first hack registered this month, was reported on 2nd June, 2024. Nearly $6.8 million was lost in this hack. 

Endnote  

This report provides a comprehensive analysis of the current performance of various blockchains and cryptocurrencies, including Bitcoin, Altcoins, Stablecoins, AI Coins, Memecoins and Metaverse. It highlights trending coins, top gainers and losers, and delves into Crypto ETFs such as Bitcoin Spot ETFS, Bitcoin Futures ETFs, and Ethereum Futures ETFs. Additionally, it examines centralised, decentralised, and derivatives crypto exchanges, DeFi protocols, and NFT marketplaces. The report also covers crypto fundraising activities, prominent investors, key investment locations, and notable crypto hacks reported lately.  

Also Discover the price prediction of your favorite cryptocurrency. We include a range of Price Predictions made by various crypto experts.

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