DeFi
“My biggest takeaway is that people are crazy,” says Billy Markus, the co-creator of the “sh*tcoin” that has a $14 billion market cap.
Business
The inaugural Wave0 program will invest an initial 2 million WLD ($5 million) across three grant tracks.
Ethereum
While Bitcoin Ordinals are making headlines, inscriptions on Ethereum Virtual Machine blockchains have gained traction in recent weeks, according to a Dragonfly data analyst.
Regulation
The chair of the Financial Services Committee will still serve another year, but key crypto legislation seems set to falter.
Bitcoin
The congestion on the Bitcoin network is currently at the highest level it’s been since the 2017 bull run.
Coinbase Wallet users can now send funds through any platform that they can share a link through, with no fees for sending USDC.
The memecoin, which stems from the protocol that essentially brought NFTs to Bitcoin, has joined the BTC rally.
NFTs
NFTs are not dead, these are instead experiencing a resurgence in trading volume following a two-year low.
On-chain data shows that a wallet address linked to FTX has been unstaking millions of dollars-worth of SOL and transferring it to crypto exchange Coinbase.
Bitcoin led the inflows into digital asset investment products last week, followed by Ethereum and blockchain equities.
