Weekly Market Recap

Dear Acquire.fi Community Members,

It's that time again! Here's your weekly dose of DeFi and crypto news!  So, grab a cup of coffee, relax, and enjoy the ride!

BNB Greenfield Code Unveiled with Testnet Launch

BNB Greenfield unveiled its first testnet "Congo" alongside the release of the project's substantial code base, staying true to their original plan of providing transparency to the community. Let the testing and development commence!

Uniswap V3 Eyes Polygon zkEVM Deployment

Polygon Labs made a tempting offer to Uniswap V3, suggesting a deployment on its recently developed zkEVM Ethereum rollup. Judging by the enthusiastic response from $UNI voters, the feeling seems mutual. Stay tuned for more updates on this collaboration!

Ethereum Turns Bullish After Shapella Upgrade, But Future Remains Uncertain

Post-Shapella, Ethereum enjoyed a brief bull run, with $ETH surging by over 5% and crossing the $2,000 mark. However, the current price sits around $1,846, leaving the future somewhat unclear.

Market Cools Off After Weeks of Gains

Following an eventful week with declining US inflation rates and Ethereum's Shapella upgrade, both BTC and ETH experienced significant drops. BTC slumped to below $28,000, while ETH dipped below $1,900. Many altcoins have faced similar or more significant losses. Stay safe out there!

That's a wrap for this week's DeFi and crypto highlights! We hope you found these updates insightful and enjoyable. Keep an eye on your inbox for more weekly updates, and as always, stay informed and stay connected!