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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