BTC is currently trading around $23,100 and ETH around $1,600. Notable gainers in the last 24 hours are RNDR, DOGE, and DASH. The global crypto market cap is ~$1.09T, up ~0.3% over the last day. DeFi Total Value Locked is ~$47b and BTC dominance is around 44%.
It’s a calm month-end for markets, with equities and crypto roughly flat heading into tomorrow’s FOMC meeting.
Notable news includes: Montenegro’s central bank partnered with Ripple on its CBDC pilot; a new lawsuit from Alameda is seeking to recover $446m in loans it repaid to Voyager; a court-appointed independent examiner reported that Celsius operated as a Ponzi scheme by using new customer funds to pay for withdrawals; the same examiner indicated that Celsius failed to report $800m in losses that were flagged by its then CFO as ‘possibly illegal’; Solana-based Oracle provider Pyth expanded to Arbitrum; Uniswap’s DAO voted to use Wormhole as the preferred bridge provider for the proposed deployment of Uniswap v3 on BNB Chain; Cardano’s Djed stablecoin went live on mainnet; a new Bitcoin-based on-chain NFT protocol has polarized the community with some calling it an attack and encouraging miner censorship; NFT marketplace SudoSwap executed an airdrop to LPs and 0xmon holders; an upgrade to Metaplex’s protocol will allow Solana NFT projects to protect royalties and ban marketplaces that don’t enforce them; and, Pantera’s liquid token fund is adding back its altcoin exposure.
Matt Kunke, Junior Strategist | Twitter, Telegram, LinkedIn
Brian Rudick, Senior Strategist | Twitter, Telegram, LinkedIn
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