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Layer 1 Solace
ETH looks set for a bull run after hitting a new all-time high of $4,650!
YGG Surges Following Release of Q2 2023 Report and Ambitious GAP Season 4; Arbitrum's Leading DEX GMX Launches V2 Beta
GMX has launched the V2 Beta of its decentralized exchange platform, introducing several new features and improvements. Read more here.
Crypto Market Bounces Off New Lows; Immutable Launches $500 Million Venture Fund
Immutable has launched a $500 million venture fund to accelerate the growth of its gaming and NFT-focused ecosystem. Find out more here.
Fallen Star
Yesterday’s relief rally gradually lost steam as the price of Bitcoin failed to clear the $35k resistance level, triggering another round of decline back to the same old early June range.
As Expected
The Network Value to Transaction (NVT) ratio is an on-chain indicator similar to the PE ratio in equity markets.
Macro Plans for MicroStrategy
ETH is trading at a new all-time high after breaking above consecutive resistance levels and short-term contracting triangles.
Lightning Speed
SHIB saw a double-digit percentage increase yesterday. Here's why.
BEAM Surges Following Token Migration Announcement; Polygon Labs Introduces POL Token as Part of Upcoming Polygon 2.0 Ecosystem
Polygon Labs has launched a new Ethereum token contract for POL, a token intended to eventually replace MATIC in the Polygon ecosystem. Read more here.
Eyes Wide Open
ETH reaching its all-time high above $4,300 has buoyed Ethereum miner revenue, which hit a staggering $2.35 billion in the month of May, posting a 42% increase compared to April.
Huge Spike in BTC Whale Wallets; KPMG (Canada) Purchases NFT
KMPG (Canada) purchases an NFT and ENS domain. More on Daily Bits.
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