BTC is currently trading around $56,200 and ETH around $2,400. Notable gainers in the last 24 hours are HNT. The global crypto market cap is $2.06T, down 4.0% over the last day. DeFi Total Value Locked is ~$80b and BTC dominance is around 57%.
Crypto prices continue to fall as US private payrolls disappointed and ahead of Friday’s larger jobs report.
Notable news includes: The Federal Reserve issued a cease and desist order to United Texas Bank over crypto-related concerns; Swiss banking giant ZKB partnered with Deutsche Boerse subsidiary Crypto Finance to launch crypto brokerage services; Mastercard launched a new euro-denominated debit card allowing users to spend crypto stored in self-custodial wallets; German industrial giant Siemens issued a $330m digital bond on blockchain rails as part of an ECB trial; global travel marketplace Skyscanner integrated blockchain-based Travala to offer hotel bookings in over 100 cryptocurrencies; Ripple requested a stay on the $125m monetary portion of its recent judgement with the SEC, signaling a potential appeal; Blockstream launched a tokenized security providing direct exposure to its mining operations; active Bitcoin addresses reached a three-year low; entertainment and NFT-focused layer 1 blockchain Flow upgraded its mainnet to EVM equivalency; the Core Foundation launched lstBTC, an ERC-20 liquid staking token pegged 1:1 with Bitcoin; Synthetix introduced its SNAXchain appchain built using Optimism’s Superchain infrastructure; Liquity revealed details for a second stablecoin BOLD; and, the Trump family’s World Liberty Financial is said to be working with Aave.
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Author:
Brian Rudick, Senior Strategist | Twitter, Telegram, LinkedIn
Carlos Guzman, Research Analyst | Twitter, Telegram, LinkedIn
Toe Bautista, Research Analyst | Twitter, Telegram, LinkedIn
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