Daily Bits

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BLUR Surges After Season 3 Begins with Fresh Rewards, Ethereum's New Layer 2 Blast Network Draws $30M in Hours

BLUR Surges After Season 3 Begins with Fresh Rewards, Ethereum's New Layer 2 Blast Network Draws $30M in Hours

Blast, a new Ethereum layer 2 network, rapidly attracted over $30 million in investments just hours after its bridge became operational. Read more here.

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A New Beginning

A New Beginning

Monday Blues? The price of Bitcoin kicks off a new week by hovering around the $40k level, after holding above $41k over the weekend.

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Arweave Surges After Launch of Arweave AO Testnet to Advance Blockchain Scalability

Arweave Surges After Launch of Arweave AO Testnet to Advance Blockchain Scalability

Blast, an Ethereum layer-2 network, has seen its total value locked (TVL) soar to over $2.1 billion ahead of its mainnet launch scheduled for February 29, driven by anticipation of a May airdrop. The TVL has risen by 2200% since the protocol's initiation on November 22, largely due to users locking Ethereum in hopes of receiving the forthcoming Blast token airdrop. Despite this surge, Blast has faced scrutiny for prohibiting withdrawals until the mainnet's debut and was linked to a controversial gambling protocol "Risk on Blast," which recently conducted a rug pull. Despite these controversies, Blast, which offers native yields in Ether and stablecoins, successfully secured a $20 million seed round from Paradigm and Standard Crypto.

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Breakout or Fakeout?

Breakout or Fakeout?

BTC broke through resistance levels near $48,500 and $49,000.

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BTC Market Cap Dominance Falls; Andre Cronje Leaves DeFi

BTC Market Cap Dominance Falls; Andre Cronje Leaves DeFi

In a shocking turn of events, prolific crypto developer Andre Cronje will be leaving the DeFi space. Read on Here.

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CELO Surges After Spike In On-Chain Transactions;  Trump Launches NFT Collection

CELO Surges After Spike In On-Chain Transactions; Trump Launches NFT Collection

The former president of the United States, Donald Trump, announced the release of his official NFT collection. Read more here.

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Metaverse Mania

Metaverse Mania

Crypto metamorphosis? MANA soared as much as more than 150%.

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Wild Card

Wild Card

BTC Options flows are painting a more bearish picture than a bullish one. More bite-sized market movements, on Daily Bits.

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AVAX Surges After J.P. Morgan's Onyx Showcases Portfolio Management on Avalanche, Nocturne Launched to Enhance Privacy and DeFi Compatibility on Ethereum

AVAX Surges After J.P. Morgan's Onyx Showcases Portfolio Management on Avalanche, Nocturne Launched to Enhance Privacy and DeFi Compatibility on Ethereum

Nocturne, a protocol for on-chain private accounts, has successfully launched Nocturne v1 on the Ethereum mainnet. Read more here.

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SUI Surges After Upgrading Web3 Security with zkLogin's Adoption of Proof of SQL, Linea Launches 'DeFi Voyage' Campaign to Educate New Users and Offer XP Rewards

SUI Surges After Upgrading Web3 Security with zkLogin's Adoption of Proof of SQL, Linea Launches 'DeFi Voyage' Campaign to Educate New Users and Offer XP Rewards

Linea, an Ethereum Layer 2 network by Consensys, initiated the 'DeFi Voyage' campaign to draw new users and educate them about decentralized finance (DeFi).

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