Despite Bitcoin’s decline, several alternative cryptocurrencies remain robust. Fantom (FTM) emerges as the top-performing Layer 1 blockchain, while Coinbase introduces futures trading. Exchange-traded funds (ETFs) witness a $94 million outflow, although outflows from Grayscale Bitcoin Trust (GBTC) may decelerate. Approximately $1 billion worth of Bitcoin shorts face liquidation if prices reach $67.8k. Coinbase’s premium resurfaces, marking the first occurrence since Bitcoin’s all-time high. Bitcoin continues its streak with seven consecutive months of positive performance. Solana’s (SOL) decentralized exchange (DEX) achieves a monthly volume of $50 billion, with revenue soaring 30-fold. OKX announces support for a new Solana token standard. Despite expectations, Layer 2 activity remains sluggish post-Dencun, according to Vitalik Buterin….
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The positive market trend extends beyond crypto, too—major global indices are showing bullish signs….
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Solana DEX Jupiter said it “will be donating current and ongoing SLERF limit order & DCA fees to the SLERF presale participants.”…
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ETFs match last week’s inflows in just 3 days. ETH Dencun upgrade goes, ETH coins broadly fall. ETH L2 costs for trading decrease dramatically. SOL nears $100bn FDV as activity soars. SOL DEX volume now 3x ETH mainnet. MicroStrategy plans $500m raise to buy more BTC. Franklin Templeton releases memecoin paper. AEVO faces FUD about tokenomics….
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Figure introduced a humanoid robot that one engineer said exhibits “common sense,” answering questions and performing tasks simultaneously….
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Bitcoin set another all-time high and Ethereum hit $4,000—but Solana is having a big day too as DEX trading volume swells….
Continue reading on https://decrypt.co/220884/solana-price-two-year-peak-150-defi-tops-ethereum
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Discover how to navigate and overcome the complexities of blockchain data management with QuickNode’s Streams. This webinar, guided by our seasoned experts Nick Yushkevich and Carl DiClementi, provides you with actionable insights into tackling common challenges faced by businesses in the blockchain space. From real-time data streaming that ensures timely decision-making to robust error handling mechanisms that guarantee data integrity, and comprehensive observability features that offer deep insights into your blockchain operations, we’ll cover how QuickNode’s infrastructure is tailored to enhance operational efficiency, scalability, and innovation….
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The price of Bitcoin (BTC) broke the $60K barrier, and the Crypto Fear and Greed index shows markets are at extreme greed phase….
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The layer-1 GalaChain is getting more useful as Gala launches the GalaSwap decentralized exchange with token rewards and referral incentives….
Continue reading on https://decrypt.co/219279/gala-launches-galaswap-dex-galachain-token-rewards
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Decentralized exchange Uniswap may soon have an upgrade to reward holders of governance tokens. The price of UNI has surged as a result….
Continue reading on https://decrypt.co/218760/uniswap-price-skyrockets-proposal-uni-staking-rewards
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