BTC is currently trading around $42,500 and ETH around $3,200. Notable gainers in the last 24 hours are ATOM, FTT, and YFI. The global crypto market cap is $2.12T, up 1.2% over the last day. DeFi Total Value Locked is ~$230b and BTC dominance is around 40%.
Notable news includes: Bitcoin mining difficulty is expected to increase 9% at the next difficulty adjustment, which would put difficulty at an all-time high; Russia’s central bank is calling for a blanket crypto ban; Google has hired a former PayPal exec to help bolster Google Pay with plans to expand into the crypto space; Meta is working on a feature to let users create and sell their NFTs; NBH Bank and New York Community Bank have conducted the first USDF stablecoin transaction over the Provenance Blockchain; a16z is planning to raise up to $4.5b for two new crypto funds; the Grayscale Bitcoin Trust discount hits a record at 28%; and, Solana NFT total sales volume has crossed $1b.
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