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Store of Value
The London Upgrade, the largest update to the network’s core protocol in years, has been activated.
BTC Trapped in a Bearish Zone; BAYC NFT Price Floor Falls
The fabled BAYC NFT collection saw its floor price drop below $100k. Find out more here.
CELO Jumps on Tether Expansion
Today’s outperformer is CELO, which jumped 44.8% after Tether expands ecosystem with upcoming USDT launch on Celo Blockchain.
Hold the Line
As the market reacts to a series of “unfortunate events”, the price of BTC’s dramatic downward movement has scarred newer market entrants, who seem to be scrambling to put a stop to their loss.
Jupiter's JUP Token Soars After Airdrop
Shortly after its release, the JUP token from the Solana-based decentralized exchange aggregator Jupiter soared to a market capitalization of $914 million, making it the sixth-largest DEX by this metric.
OCEAN Outperforms Due to AI Hype; Uniswap Fee Switch Proposal Rejected
The largest decentralized crypto exchange, Uniswap, has seen its proposal to turn on the fee switch fizzle out. Read more here.
BAKE Outperforms Following Base Daily Partnership; Num Finance Deploys Colombian Peso-Pegged Stablecoin $nCOP on Polygon
Argentina-based Num Finance has launched a stablecoin pegged to the Colombian peso, called nCOP, on the Polygon network. Read more here.
Polygon Launches zkEVM Mainnet Beta; Animoca Brands Slashes Target for Metaverse Funds
Animoca Brands has reportedly decreased the target for its metaverse fund by 20%. Find out more here.
Network Observes Large Whale Movement; TAG Heuer Watches to Display NFTs
BTC saw a strong comeback despite the Fed's 75 bps rate hike, while whales have started large on-chain movement. Find out more on Daily Bits.
Reap What You Sow
Traders are holding onto their Bitcoin now more than ever since the first price rally initiated in November 2020.
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