Crypto Market
The crypto market’s total capitalization is down 0.06% at $1.05 trillion, with Bitcoin trading at $26,573.12. Volatility is expected in the near term, so cautious trading is advised.
NFTs
A new report finds that 95% of once-hyped crypto assets lack utility and are considered worthless. Only the remaining 5% with utility have value. This is a reminder that investors should carefully research any NFT project before investing.
Vitalik Buterin
Vitalik Buterin, the co-founder of Ethereum, has discussed the US crypto crackdown and Ethereum’s resilience. He believes that Ethereum is well-positioned to weather the storm, given its strong fundamentals and growing adoption.
Tokenization
There is growing interest in tokenizing real-world assets, such as real estate, art, and collectibles. This is creating a bridge between the crypto and traditional financial markets.
Vechain
Vechain, a blockchain platform for supply chain management, has announced the launch of a self-custody wallet. This will give users more control over their Vechain assets. Vechain has also announced an upcoming interview series to explore its ecosystem and achievements.
Chainlink
Chainlink’s CCIP (Chainlink Cross-Chain Interoperability Protocol) has gone live on Arbitrum. This is a significant development, as it will enable Chainlink to provide its oracle services to a wider range of blockchains.
Conclusion
These are just a few of the latest news and insights from the crypto market. It is an important time to stay informed and to trade cautiously, given the current volatility.
