<ul><li>Top ApolloX Gainer: AVAXUSDT (&#43;25.28%)</li><li>Top ApolloX Loser: N.A.</li></ul><h2 id="header-0">Market Analysis</h2><p>BTC traded higher at the end of this week, climbing to $42K before correcting to the $41K level. Open interest has increased about $860M as compared to last week, suggesting a greater appetite for risk among investors. Funding rates also turned positive this week as overall positive price action spurred on traders to open long positions. Meanwhile, short traders are adopting a more conservative stance in response to volatile price swings.</p><p>Source:</p><p><a href="https://cryptoquant.com/" rel="noopener noreferrer nofollow">CryptoQuant</a></p><h2 id="header-1">CryptoBites</h2><h3 id="russia-ukraine-conflict">Russia-Ukraine Conflict</h3><ul><li>Crypto refugees from Ukraine are fleeing to Portugal for its Bitcoin-friendly culture and favourable tax treatment for digital assets. (<a href="https://www.bloomberg.com/news/articles/2022-03-20/ukraine-crypto-refugees-find-a-haven-in-bitcoin-btc-friendly-portugal" rel="noopener noreferrer nofollow">Learn More</a>)</li><li>US Senator Elizabeth Warren introduced legislation targeting potential Russian crypto use that could require more action from exchanges. Some industry players say that although the implications of the bill&#39;s language are worrisome, it&#39;s early to sound the alarm. (<a href="https://www.theblockcrypto.com/post/138519/warren-bill-draws-outcry-over-broad-terms-but-seems-unlikely-to-pass" rel="noopener noreferrer nofollow">Learn More</a>)</li></ul><h3 id="investment-talk">Investment Talk</h3><ul><li>The difficulty of mining a bitcoin block dropped 0.35% on Thursday, the second time this month, after a consistent climb since November. (<a href="https://www.coindesk.com/tech/2022/03/18/bitcoin-mining-difficulty-drops-for-second-time-in-march/" rel="noopener noreferrer nofollow">Learn More</a>)</li><li>Europe, Middle East and Africa (EMEA) will see increasing investment in DeFi in 2022. Blockchain and crypto attracted a record $30.2B in investment – up from $5.5B in 2020 and more than three times the previous record of $8.2B seen in 2018. (<a href="https://gulfbusiness.com/emea-to-see-increasing-investment-in-defi-in-2022-kpmg/" rel="noopener noreferrer nofollow">Learn More</a>)</li></ul><h3 id="projects">Projects</h3><ul><li>South Korean game publisher Com2uS has raised $25 million in a private token sale led by FTX Ventures, Animoca Brands and Jump Crypto. (<a href="https://decrypt.co/95478/ftx-animoca-c2x-crypto-gaming-terra" rel="noopener noreferrer nofollow">Learn More</a>)</li><li>P2E game Axie Infinity will launch a new version of its game, Origin (V3 Battles). Origin will have brand new interfaces, game mechanics, art, special effects, storylines, and an expansive onboarding experience. (<a href="https://dappradar.com/blog/axie-infinity-origin-will-launch-first-on-desktop" rel="noopener noreferrer nofollow">Learn More</a>)</li><li>Yuga Labs teased its new Bored Ape Yacht Club (BAYC) metaverse with a trailer posted on social media, suggesting an unconfirmed 3D gaming experience powered by Animoca. (<a href="https://decrypt.co/95513/yuga-labs-teases-bored-ape-yacht-club-metaverse-with-cryptopunks-cool-cats-nouns-nfts" rel="noopener noreferrer nofollow">Learn More</a>)</li></ul><h3 id="web3-0">Web3.0</h3><ul><li>GameStop announced that it intends to partner with Layer 2 solution for NFTs Immutable X, to launch an NFT Marketplace by the end of July. (<a href="https://www.coindesk.com/business/2022/03/17/gamestop-says-it-plans-to-launch-nft-marketplace-by-end-of-april/" rel="noopener noreferrer nofollow">Learn More</a>)</li><li>Ripple will give out $1B XRP in developer grants over the course of the next decade with a focus on NFTs, federated side chains and open source projects. (<a href="https://cointelegraph.com/news/ripple-to-give-out-1-billion-xrp-in-developer-grants" rel="noopener noreferrer nofollow">Learn More</a>)</li><li>The Sandbox has unveiled two major partnerships with Europe&#39;s second-largest bank, HSBC, and American celebrity Paris Hilton. (<a href="https://decrypt.co/95219/the-sandbox-metaverse-token-jumps-hsbc-paris-hilton" rel="noopener noreferrer nofollow">Learn More</a>)</li></ul><h2 id="header-2">Updates at ApolloX</h2><ul><li><strong>Perpetual Trading on PancakeSwap</strong> - We partnered with PancakeSwap to bring perpetual trading to all CAKE users! (<a href="https://apollox.zendesk.com/hc/en-us/articles/4756492087833" rel="noopener noreferrer nofollow">Learn More</a>)</li><li><strong>ApolloX Newsletter</strong> - Access the latest ApolloX Newsletter on CoinMarketCap’s Cryptown. (<a href="https://coinmarketcap.com/alexandria/signals/24877" rel="noopener noreferrer nofollow">Read Here</a>)</li><li><strong>NFT Lottery Game</strong> - The first round of the game has debuted successfully! Adjustments will be made for the second round. (<a href="https://twitter.com/ApolloX_com/status/1504821384815398912" rel="noopener noreferrer nofollow">Learn More</a>)</li></ul><h2 id="header-3">The Week Ahead</h2><ul><li><strong>Follow &amp; Win $100</strong> - Follow ApolloX on CrypTown and like any of our posts to win $5 USDT/APX! (<a href="https://twitter.com/ApolloX_com/status/1504031238956363780" rel="noopener noreferrer nofollow">Follow Now</a>)</li><li><strong>9th Epoch Trading Rewards Program </strong>- Adjustment coefficient altered for more attractive calculation of rewards. (<a href="https://apollox.zendesk.com/hc/en-us/articles/4906161311257-ApolloX-Will-Launch-9th-Epoch-of-Trading-Rewards-Program" rel="noopener noreferrer nofollow">Trade Now</a>)</li><li><strong>Trade ApolloX Lottery NFTs</strong> - Our recently launched Lottery NFTs are listed on tofuNFT! (<a href="https://t.co/LJyWidrt7x" rel="noopener noreferrer nofollow">Trade Now</a>)</li><li><strong>It’s A Double Surprise </strong>- Users can expect two product updates this week. (<a href="https://twitter.com/ApolloX_com/status/1505023925167697922" rel="noopener noreferrer nofollow">Make Your Guess</a>)</li></ul><p></p><p><strong>Risk Reminder</strong>: Crypto trading carries a risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of any financial product.</p><p>The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/MAblogdl2022" rel="noopener noreferrer nofollow">here</a>.</p><p>Stay up to date with ApolloX!</p><p><a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> |<a href="https://www.reddit.com/r/ApolloX_com/" rel="noopener noreferrer nofollow"> </a><a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a></p>

Weekly Report (14-20 Mar 2022): Bitcoin Rises

Table of Contents

APX

Other articles published on Mar 21, 2022

Zero-fee perps — the future of futures

Enjin Wallet 2.0: Easy, Borderless, Sustainable NFTs

Rare Bears falls victim to a phishing scam that claimed $790,000 only a few days after launch

iOWN Wallet Updates With Powerful New Features…

MicroPets Integrates Chainlink VRF for Provably Random Magic Chests

How to stake & Vote with $ATOLO using Cosmostation Wallet

Join our free newsletter for daily crypto updates!