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Second Shot
The price of Bitcoin dipped below the $30k support zone for the first time since January after China takes its old “crypto ban” narrative to a whole new level.
A Sluggish Start
BTC slips to a new local low at $45.7k. Here are other market movements you should look out for.
Litecoin’s Countdown of One Month Before Halving Begins; Azuki Team Mulls Revamping New Elementals Collection
Azuki, a blue-chip NFT brand, is working on a recovery plan after facing backlash from its community over its "Elementals" NFT collection.
BTC Implied Volatility Flips to Contango; Yuga Labs Teases New Project
Yuga Labs has teased us with yet another up-and-coming project. Read on here.
A $100M Facelift
Massive USDT inflows, amounting to $2.27 billion, were transferred to major exchanges in the last two days — the largest since mid-March.
Judgement Call
Buckle down, as it looks like we are in for further price seesaws in the ETH market.
LUNC Surges As Terra Classic Labs' Investment Boosts USTC and LUNC Prices, Cosmos Hub Approves Inflation Reduction for ATOM, Balancing Security and DeFi Utility
The Cosmos Hub has approved a proposal to reduce the maximum inflation rate of its native token, ATOM, from 14% to 10%. Read more here.
Gas Guzzler
BTC is currently experiencing a downside correction. Should you HODL or buy the dip? Find out more on Daily Bits.
RDNT Capital’s TVL Surges; MetaBirkin NFTs Loses Trademark Lawsuit
The trademark battle between Hermes and MetaBirkin has come to an end. Read more here.
Crypto-Less NFTs
According to the South China Morning Post, the state-backed Blockchain Service Network (BSN) is currently preparing to roll out a permissioned blockchain infrastructure that will be able to deploy NFTs.
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