Beyond the Charts

Exploring Weekly Crypto Updates

Welcome to the weekly recap of SWFT Blockchain’s latest developments and the current state of the crypto market. Here’s a rundown of the key highlights:

UPCOMING LISTING ON SWFT AllChain Bridge: $ETHC from Eth3raCoin

Eth3raCoin’s $ETHC will soon be available for swaps with over 400 cryptocurrencies across multiple chains. This move reflects our commitment to providing users with extensive options and a diversified crypto ecosystem.

Stay tuned for the launch!

New Listing and Partnership: $HVH on SWFT AllChain Bridge

In another milestone, SWFT AllChain Bridge now supports HAVAH Network and listed $HVH. Users can now connect their HAVAH wallet to effortlessly swap or bridge $HVH alongside over 400 cryptocurrencies across multiple blockchains, exclusively on SWFT AllChain Bridge.

Market Update: Crypto Landscape Dynamics

Bitcoin’s Resilience and BlackRock’s Groundbreaking Move

• Bitcoin Comeback: Defying the odds, $BTC has surged 170% to $44,211 from the ECB’s “last gasp” at $16.4K in Nov 2022.

Bitcoin is up 170% since the ECB called its 'last gasp' at $16.4K

• ORDI Token Milestone: Bitcoin Ordinals’ $ORDI token crosses the $1 billion market cap milestone after an 850% monthly gain.

Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain

• BlackRock’s Bitcoin ETF: World’s largest asset manager, BlackRock, secures $100K seed funds for its spot Bitcoin ETF, backed by an undisclosed investor.

BlackRock received $100K seed funds for Bitcoin ETF - SEC filing

Regulatory Developments and Industry Investments

• Taiwan’s Crypto ETF Exploration: Taiwan’s Financial Supervisory Commission explores the possibility of allowing crypto ETFs in the country, closely monitoring global trends.

Taiwan will review global trends before deciding on crypto ETFs

• Riot Platforms’ Massive Investment: Riot Platforms invests $291M in BTC rigs, aiming to hit 38 EH/s by 2025, marking the “largest order of hash rate” in Riot’s history.

Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals

Technological Advancements and NFT Market Surge

• Google’s Gemini AI: Google drops Gemini, its AI claiming to outsmart OpenAI’s GPT-4, setting new benchmarks in AI capabilities.

Google's 'GPT-4 killer' Gemini is out, here's how you can try it

• NFT Trading Surge: November witnesses a 125% surge in NFT trading volume, with average transaction values rising by 114%.

NFT trading volume nears $1B as markets turn bullish: Report

About SWFT Blockchain

SWFT Blockchain, the cutting-edge global cross-chain swap protocol powered by generative AI. Established in 2017, SWFT Blockchain has been at the forefront of innovation, seamlessly integrating blockchain, machine learning, and big data to enable direct swaps between over 800 cryptocurrencies across 50+ public chains.