Daily Bits
After a governance vote in Michigan led by Blockchain, Uniswap V3 will launch on the Polkadot network via Moonbeam. Read more here.
Trade intensity has remained relatively high since the May sell-off, suggesting that while demand fell in tandem with price plunges, supply has declined even further.
Web3 innovation studio VenturePunk has launched Prohibition, a generative art platform and marketplace built on the Arbitrum blockchain.
Is Bitcoin mining still lucrative? See what BitOoda's estimates say here.
Asset manager Grayscale has renewed its efforts in pushing for the first U.S. spot-based BTC ETF. Read on here.
Contrary to popular belief, cryptocurrencies are unlikely to help anyone evade sanctions. Read on Here.
The price of Bitcoin slipped by 7% in 24 hours. Has the bull market distribution begun?
Adeniyi Abiodun, Co-founder & CPO at Mysten Labs, denied the SUI airdrop would occur soon. Read more here.
Dubai-based cryptocurrency exchange Bybit has launched TradeGPT, a free AI-powered trading assistant that provides real-time market analysis and answers technical questions.
BTC hovers at $60k support level,but the overall P&L of short-term BTC holders is still nowhere near testing the cost basis.