Nasdaq to launch crypto custody services by end of Q2 2023. UAE central bank signs deal with technology providers as part of CBDC strategy.
Weekly Market Index
Last week’s crypto market prices were down slightly at -1.79%. Volume and volatility also decreased by -28.00% and -68.08%, respectively.
Weekly Performance
Bitcoin (BTC) and Ethereum (ETH) were down -1.0% and -2.0% in the past seven days, respectively. Other selected top-cap tokens also mostly fell.
News Highlights
- Stock exchange Nasdaq is reportedly planning to launch cryptocurrency custody services by the end of the second quarter this year.
- The United Arab Emirates’ central bank takes another step forward in its central bank digital currency (CBDC) strategy by signing a deal with infrastructure and technology providers of the CBDC implementation.
- Artificial intelligence chatbot ChatGPT can now retrieve information from online sources and interact with third-party websites via a new plugin feature introduced by its creator, OpenAI.
Recent Research Reports
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| Research Roundup Newsletter [February 2023]: In our latest issue, we feature trending market insights and our analyses of the current state of decentralised derivatives market. | Overview of Decentralised Derivatives: Crypto derivatives dominate the market today, representing about 70% of the entire crypto market. In this report, we shed light on derivatives in DeFi, their market overview, and some innovations in the space. | Alpha Navigator: Quest for Alpha [February 2023]: Asset classes took a breather in February and sold off, although crypto bucked the trend. BTC and ETH options implied volatilities remain at subdued levels. |
Catalyst Calendar
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Research and Insights Team
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