BTC is currently trading around $61,000 and ETH around $2,650. Notable gainers in the last 24 hours are FET, GALA, and CORE. The global crypto market cap is $2.29T, up 1.2% over the last day. DeFi Total Value Locked is ~$87b and BTC dominance is around 57%.
Notable news includes: Russia announced plans to establish two crypto exchanges to support foreign economic activity; MercadoPago, the digital banking arm of Latin America’s largest company, launched a stablecoin pegged to the US dollar; a Columbian regulatory agency filed charges against Worldcoin for alleged breaches of personal data protection laws; a subsidiary of Sony Group released plans to develop a layer 2 blockchain; custodian Anchorage Digital introduced a PayPal USD rewards program for clients; MakerDAO released the upgraded versions of DAI and MKR called NewStable and NewGovToken; Tron removed 12,000 BTC from its native stablecoin USDD’s collateral, leaving it primarily backed by TRX; and, Conduit launched a layer 2 marketplace to provide rollups with accessible scaling solutions.
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Author:
Brian Rudick, Senior Strategist | Twitter, Telegram, LinkedIn
Toe Bautista, Research Analyst | Twitter, Telegram, LinkedIn
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