Polygon co-founder sees no future for Solana, Aptos, Avalanche, Cardano
Polygon co-founder sees no future for Solana, Aptos, Avalanche, CardanoSandeep Nailwal's sees a crypto landscape dominated by Ethereum and layer 2s interacting with the base chain.
Happy ThursdayThe global crypto market cap is $1.09 trillion with a 24-hour volume of $61.12 billion. The price of Bitcoin is $23,867.41 and BTC market dominance is 42.2%. The price of Ethereum is $1,653.46 and ETH market dominance is 18.5%. The best performing cryptoasset sector is Cannabis, which gained 8%.
Latest NewsPolygon co-founder sees no future for Solana, Aptos, Avalanche, Cardano
Sandeep Nailwal's sees a crypto landscape dominated by Ethereum and layer 2s interacting with the base chain. Deep dive into top public BTC miners following 82% YoY increase in hash rateAssessing public mining companies' hash rate increases and the effect on BTC difficulty US watchdogs issue joint warning to banks over liquidity risks stemming from crypto, stablecoin reservesThe joint regulatory statement included a warning on stablecoin reserves for the first time in history. Canada requires crypto exchanges to pre-register within 30 daysThe applicants will have to separate assets held for local clients, restrict margin and leverage trading, and ceasing the sale of stablecoins without permission. Optimism jumps 22% following Coinbase ‘Base’ layer 2 announcementThe Optimism token spiked to $3.095 as Coinbase launches its Base layer 2 solution built on the Op Stack code. Binance closes Australian users derivatives positionBinance said it has informed the impacted users and they would be fully compensated for their losses, according to its statement. CryptoSlate Daily wMarket Update: Stagnant market sees Shiba Inu lead top 10The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Voyager, FTX reach agreement on $445M loanFTX's relationship with Voyager has been under intense scrutiny since both firms filed for bankruptcy last year. Coinbase discloses ‘uncertain, potential impact’ of SEC subpoenasCoinbase's disclosed 10-K filing showed a note to investors on the uncertainty of ongoing SEC investigations. SEC Commissioner Hester Pierce wants regulator to defer stablecoin regulation to CongressWall Street Journal reported that the SEC was investigating whether stablecoins are products issued in violation of investor-protection laws. JP Morgan opens crypto lab in AthensJP Morgan's crypto lab will provide R&D services on blockchain, AI, and cryptography to payment businesses globally.
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The on-chain metric that could signal a bear market reversal
Wednesday, February 22, 2023
Given the historically different behaviors LTHs and STHs exhibit, the ratio between their realized prices can illustrate how the market dynamic is shifting.
Digital asset investments recorded over $30M outflows in a week
Tuesday, February 21, 2023
Bitcoin-based investment products saw $25 million of outflows, while short-Bitcoin investment recorded $3.7 million inflows.
EU seeks to expedite crypto capital laws
Monday, February 20, 2023
The European Union's pending banking law proposes a slew of tough new capital rules for banks holding crypto assets.
Rumors swirl around $100k/hr front running on Binance listings
Saturday, February 18, 2023
One trader made over $100000 exiting less than an hour after GNS listed on Binance.
CZ denies claims that Binance will delist US-based projects
Friday, February 17, 2023
Bloomberg reported that Binance could delist Circle's USD Coin (USDC) stablecoin, and that the exchange was reassessing its venture-capital investments in the US.
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