BTC is currently trading around $60,400 and ETH around $2,600. Notable gainers in the last 24 hours are FLOKI, FTM, and RENDER. The global crypto market cap is $2.23T, up 0.9% over the last day. DeFi Total Value Locked is ~$85b and BTC dominance is around 57%.
Notable news includes: Vice President Kamala Harris conveyed a friendlier stance on cryptocurrency policy through one of her policy advisors; DBS Bank launched a blockchain pilot program to improve grant distribution for Singaporean citizens; Binance announced an initiative to hire 1,000 new employees this year; Franklin Templeton expanded its onchain money market fund to layer 1 blockchain Avalanche; Mt Gox confirmed it distributed repayments to rehabilitation creditors through designated exchanges recently; lending protocol Aave launched on ZKsync; Near Protocol deployed its Nightshade 2.0 upgrade to increase transaction execution speed and validator performance through sharding; and, Bitcoin staking protocol Babylon launched its phase-1 mainnet.
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Author:
Brian Rudick, Senior Strategist | Twitter, Telegram, LinkedIn
Toe Bautista, Research Analyst | Twitter, Telegram, LinkedIn
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