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Infinitely Closer
The price of Bitcoin found solid support near $36.4k after taking a short breather on Tuesday, and resumed its rally to break above the $40k resistance.
Bitcoin Dips Lower
BTC pierced through its $45k support zone. Here are other market movements you should look out for!
VINU Surges After Bybit and $VINU Launch 1,000,000 Perpetual Memecoin Trade, dYdX Launches Trading Fee Rewards and $20 Million Incentive Program on dYdX Chain
Decentralized exchange dYdX has launched a trading fee rewards program on its dYdX Chain, a blockchain protocol using Cosmos SDK and Tendermint PoS, after its community's approval. Read more here.
XDC Surges After Collaboration with Singapore's IMDA; Offchain Labs Advances Arbitrum Security with New BoLD Validation
Offchain Labs, the team behind Ethereum's layer-2 scaling solution Arbitrum, has introduced a new permissionless validation protocol named Bounded Liquidity Delay (BoLD).
Naughty or Nice
You might want to keep an eye on the funding rates. Here's why!
Multi-Day Crypto Surge Stalls; Polygon Introduces zkEVM
Polygon announced the launch of Polygon zkEVM, a "major leap forward" in the world of zero-knowledge technology. More here on Daily Bits.
TON Jumps Following Smartphone Partnership Announcement; StepN Announces New Airdrop
Today’s outperformer is TON, which jumped 6.78% after OysterLabs announced the Universal Basic Smartphone (UBS).
On-Chain Cost Bases Hint at Buying Opportunity; Solana Suffers New Outage
Major cryptocurrencies have reversed their gains from the Monday rally, but on-chain metrics point to an imminent buying opportunity.
LSK Surges Following Announcement to Join Optimism Superchain
Today’s outperformer is Lisk, which jumped 30.6% following their announcement that they will be joining the Optimism Superchain.
Bitcoin SV deploys BRC-20; Neutron Pioneers Replicated Security on Cosmos Network
Neutron, a blockchain-focused on integrating smart contracts into the Cosmos network, has been approved to launch on Replicated Security (RS). Read more here.
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