Week 44 | 10/31/22 - 11/5/22
By Matthew BrienenNews Flash
Monday 10.31.21: Ripple CTO David Schwartz announced that the XLS-20 amendment is now live (allowing for NFTs natively on the XRPL) on the mainnet thanks to the efforts of the XRPL community and Ripple developers. Additionally, with XLS-20, a cut from secondary sales can be directed to the original minter, and people can co-own NFTs.
Tuesday 11.1.22: Coinbase is backing yet another crypto firm, adding more pressure from the crypto industry on the SEC with an amicus brief of their own. The growing army of Ripple backers now looks even stronger after the U.S. largest crypto exchange Coinbase moved to get regulatory approval to help the firm in its battle against the Commission.
Wednesday 11.2.22: The creators of Game of Thrones have partnered with the non-fungible (NFT) marketplace Nifty’s to launch a collection of digital collectibles based on the popular television series. The new collection, "Game of Thrones: Build Your Realm," is a collaboration with digital production company Daz 3D which will design, develop, and produce the collection.
Thursday 11.3.22: Kraken, the world’s sixth-largest cryptocurrency exchange, islaunching its new NFT marketplace today, even as sales for digital collectibles continue to drop. The exchange is hoping to entice current and would-be NFT collectors with its promise of gas-less transactions on Kraken—a sweet incentive likely aimed at cost-conscious buyers amid record worldwide inflation, which, coupled with crypto’s penchant for volatility, has left the industry in tatters.
Friday 11.4.22: Japanese sportswear manufacturer ASICS announced today the launch of the ASICS X SOLANA UI Collection. The new line of kicks features custom-made, limited-run GT-2000 11 running shoes that also give owners a chance to win a limited edition ASICS x STEPN GT-2000 NFT. The physical shoes are available to order using USDC on Solana Pay.
CryptoCharged Live Show Recaps
Monday 10.31.21: Matt discusses eurozone inflation reaching 10.7%, Gary Gensler celebrates Satoshi Nakamoto's whitepaper, and NFTs on the XRP Ledger going live with XLS-20. Matthew provides a technical analysis of the markets and when it is best to begin DCAing on Bitcoin.
Tuesday 11.1.22: The team covers MoneyGram allowing US users to buy Bitcoin, Coinbase backing Ripple against the SEC, and 90% of central banks are looking into CBDCs. Matthew also provides a technical market analysis and discusses whether the US dollar currency index will continue to rise.
Wednesday 11.2.22: Dan Habib breaks down theFed meeting, Powell's press conference, the money supply, and the inversion of the 10-year and 3-month treasury yields. Matthew Brienen discusses the new CryptoCharged blog: The Edge, Warner Brothers to launch Game of Thrones NFTs, and a judge orders an investigation into whether Celsius was a Ponzi scheme. Matthew provides a technical analysis of market reactions to the Fed's actions.
Thursday 11.3.22: Brian Decker discusses the cryptos he is investing in and theshort positions he is looking to open in response to data from various markets. The CC team cites key news including South Korean prosecutors revealing Terra co-founder Do Kwon is in Europe, Fidelity to offer commission-free crypto trading to retail investors, and how inflation is affecting many countries, including Turkey. Matthew offers a thorough technical analysis of the markets, with a focus on a few altcoins.
Friday 11.4.22: Decker and Brienen talk about the current state of the economy and what the Fed has done to get us here. Matthew mentions how markets do not believe Powell, how ASICS has partnered with STEPN to launch NFT collections, and how the SEC v. Ripple case is more complicated than "win or lose." Matthew also offers a technical analysis of the markets, highlighting areas where you could potentially profit and reduce your risk.
