Home > Crypto in a Minute > Azuki Releases A New Token >
  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

Azuki Releases A New Token

Author: Jeffrey Craig Date: October 18, 2022

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

october-18-daily-update

Main Takeaway: Markets Recover With Global Stocks

Crypto markets recovered on Monday following a bullish day for US stocks and global markets at large. However, when looking at the charts, cryptos have been trading in the current range for the past three months. Bulls will say this could be a sign of accumulation,  but the bearish macro outlook is still dominating the narrative. Investors and traders should keep their eyes on institutional adoption and crypto adoption on the business side such as those announcements from BlackRock, Fidelity, and Mastercard (the most recent).

In addition, the top news story of the day is that Azuki NFTs just announced they’re introducing a new token called the Physical Backed Token (PBT), which is an open-source standard tying a physical item to a digital token on the Ethereum blockchain. The main takeaway here is that NFT projects introducing tokens, in particular, top NFT projects, is bullish for NFTs in gaining more popularity.

Today’s Top Gainers

The top five performing coins on Phemex d-o-d are StepWatch (SWP/USDT), XEN (XEN/USDT), Tornado Cash (TORN/USDT), Ankr (ANKR/USDT), and Reserve Rights (RSR/USDT).


For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
start trading start trading start trading

Register On Phemex Now To Begin Trading

Register On Phemex

More Articles

DOGE Soars On Twitter Payments Potential

DOGE Soars On Twitter Payments Potential

Jeffrey Craig | November 28, 2022

MetaMask & Infura’s New Data Policy

MetaMask & Infura’s New Data Policy

Jeffrey Craig | November 25, 2022

Fed Minutes Sends Conflicting Signals

Fed Minutes Sends Conflicting Signals

Jeffrey Craig | November 24, 2022

JP Morgan Crypto Wallet

JP Morgan Crypto Wallet

Jeffrey Craig | November 23, 2022

Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!