What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
📣 Event Update
We’ve come to the end of our celebration for Tokenize’s 7-year journey, and we are truly overwhelmed by all the love, support, and wishes you’ve sent our way! 🧡
𝐂𝐨𝐧𝐠𝐫𝐚𝐭𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 to all of our lucky winners🎉 – keep a lookout for our email with instructions on claiming your prize.
Once again, 𝐚 𝐡𝐞𝐚𝐫𝐭𝐟𝐞𝐥𝐭 𝐭𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 to everyone for your amazing support #TKX7
🚀Crypto Leaderboard
🗞 Crypto News Recap: The Top 3 Stories
1/Avalanche Foundation to Repurchase Nearly 2 Million AVAX Sold to Terra
To bolster community confidence and strengthen its balance sheet, the Avalanche Foundation has announced plans to repurchase approximately 2 million AVAX tokens previously sold to Terra in 2022.
2/ Uniswap Labs Unveils Unichain: A New Frontier in Layer 2 Scaling
Uniswap Labs, the team behind the popular decentralized exchange Uniswap, has made a significant announcement: the launch of Unichain. Unichain is a novel layer-2 scaling solution that integrates Flashbots’ Rollup Boost technology, aiming to revolutionize the Ethereum ecosystem.
3/ Grayscale Takes a Major Step: Plans to Convert Multi-Crypto Fund into ETF
Grayscale Investments, a prominent digital asset manager, has filed with the U.S. Securities and Exchange Commission (SEC) to convert its flagship Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund (ETF). This move could have significant implications for the cryptocurrency market, providing investors with a more accessible and regulated way to invest in Bitcoin.
📚 Technical Analysis
A comprehensive analysis considers factors such as trading volume, market sentiment, and support and resistance levels to understand the market conditions thoroughly.
Weekly Bitcoin (BTC) Technical Analysis (Oct 14th ~ 20th, 2024)
Weekly Ethereum (ETH) Technical Analysis (Oct 14th ~ 20th, 2024)
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