Daily Bits
Despite last night’s pump that propelled the price of Bitcoin back to $36k, perpetual swap funding rates across major exchanges have dived deeper into the negative territory, indicating that bears are doubling down on short positions.
ashion giant Louis Vuitton newly launched a limited edition NFT collection called Via. Read more here!
If inflation pressures last longer than what’s anticipated, can we still call it transitory?
Today’s outperformer is AGI, which jumped 27.2% after introducing Agent-ID - Delysium's Blockchain-Based digital identity system for AI agents with enhanced functionalities.
Ensnared by the collapse of SBF's crypto empire, crypto lender BlockFi will limit platform activity and pause client withdrawals. Read more here.
Cryptocurrency exchange Bybit has received "in-principle" approval from Kazakhstan. Read more here.
Visa’s recent proposal reveals how users could possibly schedule automatic payments from their self-custodial crypto wallets. Read more here.
The ETF-fuelled momentum begins to taper off as the price of BTC retraced shortly after reaching a new all-time high near $67k.
Several DeFi heavyweights saw soaring gains recently, breaking out of the sluggish spell that seems to have taken over the crypto market.
Strong institutional interests may be behind the current ETH rally, which has just propelled the price to a new all-time high near $1,840.