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Valentine's Red
BTC has broken up with the bull this Valentine's Day. Find out more here.
SEI Token and Mainnet Launched; Frax Ether V2 Moves to Decentralized, Permissionless Validator System for Liquid Staking
Frax Finance is moving to a permissionless setup with its upcoming Frax Ether V2, allowing anyone to run validators. Read more here.
OP Surges Following Coinbase Partnership; Spotify Tests NFT-Enabled Music Playlist
Spotify has been testing a new service to allow music NFT holders to listen to tokenized music playlists directly on its platform. Read more here.
Crypto Losses Deepen Ahead of CPI Data; STEPN Renews Token Burn With Q2 Profits
Solana-based M2E game #STEPN burns #GMT tokens with Q2 profits to ensure sustainability. Read more here on Daily Bits.
MKR Surges As DAI Re-Pegs; Beeple Opens Digital Art Gallery
MKR Surges As DAI Re-Pegs; Beeple Opens Digital Art Gallery. Read more here.
Trouble in Wonderland
NFT trading volume has reached a new high of $6.13 billion. Find out why here.
Rise in Traffic on Crypto Exchanges; Futures Rolling Basis Takes a Dive
Owners of valuable NFT collections are staking their prized digital possessions for short-term benefits. Read on here.
Chiliz Blockchain Launch Announcement Spurs CHZ; Vivienne Tam Unveils BAYC-inspired Virtual Couture
Vivienne Tam debuted her first-ever piece of virtual couture — a stunning Qipao dress inspired by the BAYC NFTs. More here.
Santa Claus Rally
Several indicators suggest that the long-term outlook for the crypto market remains bullish. Get more bite-sized market movements, on Daily Bits:
ATH Wednesday
Bitcoin inflows to OTC desk wallets have been on a steady decline since August 2020.
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