Daily Bits
Daily Bits
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707
Still Hopeful
BTC hovers at $60k support level,but the overall P&L of short-term BTC holders is still nowhere near testing the cost basis.
BLZ Surges After Deploying GAMMA 4 Private Beta; Aragon Launches Tools on Coinbase's Base to Simplify and Accelerate DAO Creation
Aragon, an open-source framework for decentralized autonomous organizations (DAOs), is making its Aragon App and Aragon OSx protocol available on Coinbase's Base developer network. Read more here.
Injective Launches $150M Ecosystem Fund; Doodles 2 Set to Launch on Flow
Popular NFT collection Doodles is back with Doodles 2! Read more here.
BTC Miners Balance Increases; ProShares Releases New ETF to Short BTC
Eight months after the launch of its first BTC futures-backed ETF, ProShares announced a new BTC ETF that allows investors to hedge their crypto exposure in a bear market. Find out more here.
AGLD Surges Following Collaboration with DeSpread to Develop Autonomous World Ecosystem; MakerDAO Co-Founder Proposed Solana Fork for Upcoming 'NewChain' Platform
MakerDAO co-founder Rune Christensen has proposed using a fork of the Solana codebase for MakerDAO's upcoming native blockchain, "NewChain". Read more here.
SHIB Ships Off
Shiba Inu falls out of the limelight. More, on Daily Bits.
PERP Surges After Integrating with dappOS V2 for More User Convenience; DeFi Leaders Form Tokenized Asset Coalition to Advance Blockchain Adoption and Institutional DeFi
Seven leading decentralized finance (DeFi) companies, including Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz, have formed the Tokenized Asset Coalition (TAC). Read more here.
Raise the Woof
$2.4 billion in USDT were printed on April 14, pushing the total market cap of USDT on Tron to a staggering $24 billion and giving the blockchain a leg up against the Ethereum network.
Macro Headwinds
The upcoming FOMC meeting seems to have spooked crypto investors. Head to our blog to find out more about today's market performance.
Brace for Impact
Bitcoin failed to clear hurdles between $36k and $37k, and is now trading below the 100-hourly simple moving average.
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